Ethereum managed to rebound from its $1,030 support line and is up 5% in the past 24 hours

In one of our recent crypto market reviews, we described how Ethereum has reached important support levels, which could be the basis for a potential reversal rally for the second largest cryptocurrency in the market. Support is based on the price performance of ETH prior to June 18 and July 1, when the $1,000 price …

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What are the applications of blockchain features

Due to the highly transparent operation rules of blockchain, blockchain projects will enter self-operation state after release. This decentralized self-operation system theoretically no longer belongs to anyone or any team from the moment of release, and cannot be unilaterally stopped or modified. Therefore, blockchain projects can to some extent replace the operation of some areas, …

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The meta-universe creates a new world of "digital collections"

In May 2022, the metasurverse platform from the international crypto community came and sold props to global institutional and individual investors. Every time the evolution of human civilization, tend to experience new business, new technology, new financial, organization, the new economy, new rules, new civilization and seven stage, innovation and application of new technology, to …

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Fed rate hike imminent! Will the spread of Ethereum fall begin again?

Bitcoin (BTC) fell 4.07% in 24 hours, once again below the 20000 mark, for yesterday Monday so light market speaking, it is not easy, the recent BTC firm 20000 above also just 4 days ago, the highest reached 22580 near, then cut in half, illustrate a point, short-term long "revival" is just an illusion, Long-term …

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Power emergency! A massive shutdown at a Bitcoin mine in Texas

A heat wave in Texas is causing power shortages. Texas's electricity regulator warned residents and businesses on Monday to reduce use or risk rolling power outages across the state as demand neared a grid tipping point as thermometers soared above 38 degrees Celsius. The commission expects Texas to peak demand at 79,700 megawatts, just below …

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Blockchain games are gaining a foothold as the crypto market falters

Investment in blockchain initiatives has been patchy, but GameFi is one industry that continues to grow despite a declining market. While most investors have focused on the recent scandals involving centralized finance (CeFi) and decentralized finance (DeFi), the blockchain gaming industry has weathered the storm better than other segments A win for the blockchain game …

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Will the aspirational meta-universe turn out to be just an online shopping mall?

Today, we begin to understand why people are eager to embrace an alternative reality -- a way to reboot and rejuvenate. That is part of the appeal of virtual worlds: where power can be reversed, trouble can disappear and capitalist inequality can be forgotten; It's an exciting, malleable, meaningful place. It's no surprise, then, that …

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ETH price rises!

On Wednesday, July 6, Ethereum developers brought the Ethereum network closer to a proof-of-stake (PoS) network. The Merge was successfully implemented on The Sepolia test network. Since then, ethereum prices have risen. Here are the details... Promising developments in the Ethereum network This positive development appears to have given investors renewed hope. At yesterday's event, …

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