A closely followed crypto trader is predicting surges for Bitcoin (BTC) and Ethereum (ETH) but warns that the rallies will be short-lived. Pseudonymous crypto analyst Penthoshi shares with his 553,700 Twitter followers the inverted chart of Bitcoin to illustrate that BTC bears are nearly exhausted. “This looks tired. So manyContinue Reading

On Wednesday (May 18), former LUNAtic Mike Novogratz shared his latest thoughts on the $LUNA / $UST debacle. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a technology-driven financial services and investment management firm that provides institutions and direct clients with a full suite of financial solutionsContinue Reading

Staking yields on the post-merge Ethereum proof-of-stake blockchain will be considerably lower than anticipated by most of the community. Ethereum’s(ETH) transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism — the so-called Merge — will not happen in June as many have predicted. As reported by CryptoSlate on April 14, Ethereum core developersContinue Reading

It is possible to build on the Bitcoin blockchain using Layer 2 technologies while leveraging the security and censorship-resistance it provides. For years, Ethereum has been the darling of the developer community. As decentralized applications (DApps) and non-fungible tokens (NFTs) exploded on the Ethereum network, Bitcoin struggled to match itsContinue Reading