Author: Digicoinvision
Bitcoin and Ethereum staged a strong rebound this week as fresh capital returned to crypto markets following the US–China tariff shock.Bitcoin surged past $110,000 for the first time since early October, reaching roughly $111,000 as of press time, according to CryptoSlate data. The move marks a 4% daily gain and reverses some of the losses that followed President Donald Trump’s announcement of new tariffs on Chinese imports.Ethereum also broke through the $4,000 barrier for the first time in weeks, up more than 4% to around $4,045, a level that traders view as technically significant.Notably, other major digital assets joined the…
A crypto whale has opened $255 million in Bitcoin and Ethereum long positions as markets react to signs of easing U.S.-China tensions. Summary Insider whale opened $255M in BTC and ETH longs after Trump confirmed a meeting with Xi Jinping. Market up 3% as traders price in easing U.S.-China tensions. Fed rate cut and ETF approvals seen as near-term tailwinds. On Oct. 20, on-chain analyst Wimar.x reported that an insider with a perfect trading record opened large leveraged longs on both Bitcoin and Ethereum. Another on-chain analyst, Emelu.eth, flagged a major position by wallet 0x89Da, which opened a 25x leveraged…
Airdrops are a common practice among new crypto projects, but as much as 88% of airdropped tokens lose value within three months, according to data collected over the last seven years. A Sept. 18 report by DappRadar analyst Sara Gherghelas found that since 2017, projects have distributed over $20 billion in airdrops, but 88% of the airdropped tokens lost value within months, “highlighting the gap between short-term hype and long-term sustainability.” Speaking to Cointelegraph, DappRadar’s head of content, Robert Hoogendoorn, said token distribution is key to success in an airdrop; projects want to place their token in the hands of diamond…
AI and blockchain will spark the “next revolution in business,” according to multimillionaire Kevin O’Leary, with AI being able to autonomously make retail purchases and using blockchain to take care of payments.In a three-minute video posted to X Saturday, the Shark Tank co-host and venture capitalist said that blockchain will support an incoming wave of AI-driven transactions, handling everything from orders at Walmart and Target to burger shops and cafes:“You simply talk to your phone and say, I want a tall, low-fat latte, please. I’m going to be there in 90 seconds. That’s it.”“So what happens there is the AI…
Vitalik Buterin has shared new research that could reshape how Ethereum approaches proof verification and scaling in the coming years. Summary Vitalik Buterin introduces GKR, a protocol for faster proof aggregation. GKR improves efficiency for Ethereum’s ZK and rollup systems. It marks a step toward Ethereum’s “Lean” and quantum-secure vision for 2025. Vitalik Buterin has introduced the GKR protocol, a breakthrough proof system designed to make zero-knowledge computations faster and more efficient. Published on Oct. 20, on his personal blog vitalik.eth.limo, Buterin’s new tutorial details the Goldwasser–Kalai–Rothblum protocol. This recursive proof aggregation method has the potential to change how Ethereum (ETH)…
Ethereum developer Federico Carrone says the growing influence of corporations such as Paradigm on the network could be “tail risk” for the Ethereum ecosystem.In a post on Sunday, the Ethereum core dev, who goes by “Fede’s intern” on X, argued that while Paradigm has “created valuable things for the community,” he is worried about the growing influence of a venture fund whose ultimate goals are driven by profit and influence. “I’ve been saying for the past two years that the influence of @paradigm within Ethereum could become a relevant tail risk for the ecosystem. I believe this will become increasingly…
Join Our Telegram channel to stay up to date on breaking news coverage BitMine, the world’s largest corporate holder of Ethereum, bought another $281 million worth of ETH yesterday, lifting its total purchases to $1.48 billion since the flash crash on Oct. 10. According to the X account “BMNR Bullz,” BitMine bought another 72,898 ETH for $281 million yesterday, and a total of 379,271 ETH in three separate buys since the record $19 billion in liquidations during the crash earlier this month. 🚨 MASSIVE ETHEREUM ACCUMULATION Bitmine just went ALL IN on $ETH scooping up a total of 379,271 ETH…
Former New York governor Andrew Cuomo is reportedly betting big on crypto and AI as part of his bid to return as the city’s next mayor. The New York City mayoral candidate plans to make NYC “the global hub of the future” by coordinating initiatives across the blockchain, AI and biotech industries and modernizing how the city integrates new technology, co-host of Crypto in America, Eleanor Terrett, said on Saturday.Part of this will also involve creating a new chief innovation officer position aimed at attracting more investments and jobs to boost innovation, she said. An Innovation Council with three advisory committees for…
Join Our Telegram channel to stay up to date on breaking news coverage Technical analyst John Bollinger says Ethereum and Solana are showing bullish “W” bottom patterns and hinted that a similar setup on Bitcoin’s chart could indicate a big move for the crypto market. The “W” bottom is a bullish reversal signal that often precedes sharp upward moves. Bollinger, who invented the Bollinger Bands volatility indicator, said the formation has yet to appear on Bitcoin’s chart and told his 254k followers in an X post that it’s “Gonna be time to pay attention soon.” Pseudonymous trader and analyst “Satoshi Flipper”…
The price of Ethereum appears to be recovering nicely over the weekend after a period of investor uncertainty. The “king of altcoins”, following what looked like an aggressive return above the $4,200 level earlier this week, is now lagging under the psychological $4,000 mark. While the Ethereum price has been building some positive momentum over the past day, the shadows of the October 10 downturn still seem to be weighing on investor sentiment. A market phenomenon known as the “Kimchi Premium” suggests a few tedious weeks ahead for the second-largest cryptocurrency. What Happened Last Time Kimchi Premium Saw A Similar…