Samuel Edyme, also known as HIM-buktu, is a web3 content writer, journalist, and aspiring trader who has made a name for himself in the crypto space. With his unique journey and experience, Edyme has established himself as a voice of reason and insight in the industry. Edyme’s foray into the world of cryptocurrencies did not
admin
The latest data on Ethereum’s Layer 2 ecosystem indicates a surge in activity, with daily transaction volume reaching an all-time high of 12.42 million on August 12. This milestone reflects the rapid advancements in scalability within the ecosystem, potentially leading to increased user engagement. Year-to-date, Growthepie reported a 140% increase in daily transactions in the
Bitcoin’s price has been on a wild ride recently, experiencing significant fluctuations in just a matter of days. After reaching almost $63,000, the cryptocurrency suffered a sharp drop to under $50,000, marking a 6-month low. However, it quickly bounced back, gaining over $13,000 to reach the $63,000 mark again. This volatility is not new to
Many crypto analysts, including Javon Marks, have made bold predictions about Ethereum’s price potential, with some suggesting a significant breakout to $4,723 and even beyond. Marks pointed out that bull divergences and a strong climb in Ethereum’s price could lead to a 75% increase to the $4,723 target. Additionally, other analysts like Altcoin Daily, Poseidon,
Three Arrows Capital (3AC), a once-prominent crypto hedge fund, is now facing the aftermath of its collapse with its liquidators pursuing a $1.3 billion lawsuit against TerraForm Labs. The lawsuit alleges that TerraForm Labs manipulated the market for Luna and TerraUSD, leading to inflated prices that ultimately resulted in heavy losses for 3AC. In January
Coinbase’s third comment letter to the US Securities and Exchange Commission (SEC) highlighted significant flaws in the SEC’s cost-benefit analysis of the proposed rule. The letter argued that the agency failed to assess the rule’s economic impact on efficiency, competition, and capital formation. Despite acknowledging a lack of critical information on decentralized exchange (DEX) operations
In the world of cryptocurrency trading, patterns play a crucial role in determining the future price movements of assets. One such pattern that has recently caught the attention of veteran crypto analyst, Peter Brandt, is the inverted or expanding triangle pattern in Bitcoin (BTC). Brandt’s analysis of this technical pattern formation has shed light on
The recent introduction of Paris to Upland, a virtual property trading game mapped to the real world, marked a significant milestone for the game’s Metaverse. This new addition expanded Upland’s landscape, providing players with the opportunity to own and construct virtual properties in one of the world’s most renowned cities. The unveiling of Paris in
The current state of the market has brought significant financial stress to new Bitcoin investors. Various metrics point towards a bearish environment and shed light on factors that are contributing to heightened market volatility, increased selling pressure, and further price declines. Metrics such as the Short-Term Holder MVRV (Market Value to Realized Value) and the
Unioverse, a popular sci-fi franchise and gaming platform, is making waves once again with the release of its newest game, Hoverdrome. For gamers seeking an exhilarating experience that combines the best elements of Mario Kart and Rocket League, Hoverdrome is the perfect fit. This game is not your typical offering; it is a top-tier, action-packed
