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Identifying Seller Exhaustion Across Multiple Timeframes

When evaluating a Bitcoin bull market over a macro timeframe, price action can be broadly characterised by elevated volatility to the upside, with corrections and consolidations along the way. All investors are aware that financial markets do not move upwards only over time, and which creates the sort of cat-and-mouse game between supply and demand

HashKey Global: 22-Day Volume Surpasses $3.6 Billion, Surpassing Coinbase’s

Less than a month after its launch, Hashkey Global, HashKey’s global exchange, delivered its first “April Report Card”, with a trading volume of $3.6 billion, 82,467 registered users, and coverage in more than 62 countries and regions.As the world’s leading compliant exchange, Hashkey Global was seen as the “Coinbase of the East” when it launched,

A Quick Look at 10 Eigen AVS Eco-Projects to Follow

On April 9, Eigenlayer announced the launch of eigenDA on its mainnet, making it the first official Active Verification Service (AVS).EigenLayer is a project that introduces repledging. in short, it allows anyone to take advantage of the trust and security foundation already in place at ethereum without having to build a similar system from scratch.

How Blockchain and AI Are Recasting Ancient Occult Practices – Decrypt

When fans and skeptics alike refer to Bitcoin as “magic internet money,” they may not immediately connect the “technical marvel” to actual magic. But a new generation of magick practitioners is adopting blockchain technology, artificial intelligence, and ancient practices to commune and work with angels, demons, and more.Among them is Chaweon Koo, a futurist, witch,

Airdrop Claims Open Soon, A Quick Look at Mode Network (MODE) Valuation Expectations

During May 1, Mode Networkxa0, a Layerxa02 network built on the OP Stack, announced that it will launch the governance token MODE on May 7, and will officially open the first season of airdrop claims on the same day of UTC at 11:xa000xa0 (Beijing time 19:xa000), and the claim homepage (Claim.mode.network) is now open, but

Soulbound Tokens in Crypto: How Nomis Scores Can Transform the Whole Web3

Soulbound Tokens (SBTs) are a unique development in the blockchain and cryptocurrency industry. The idea of creation SBTs was actually thought up by Vitalik Buterin, the co-founder of Ethereum. He wanted to make digital identity more secure and trustworthy.Nomis Scores as SBTs changes how user engagement is measured and used, unlocking personal offers, Discord roles,

Will the introduction of liquidity pledges make Bitcoin more capital efficient?

Bitcoin Capital Efficiency with Liquid Staking Original author: Mikhil Pandey, Persistence Labs Co-Creator Original compilation by Deep Tide TechFlowThis article is the result of a “deep dive into the rabbit hole of today’s Bitcoin landscape” written by Mikhil Pandey, co-founder and chief strategy officer of Persistence Labs.Through this article, Mikhil Pandey tries to walk you

A 10,000-word read on the DePIN track: the IoTeX platform, the new AI narrative, and the trillion-dollar market potential

In 2024xa0, the hottest track besides the bitcoin ecosystem is xa0DePINxa0, which is short for xa0Decentralized Physical Infrastructure Networksxa0.Sun Jingxa0 has led the xa0IoTeXxa0 team to plow through this track since 2017, and xa0Sunnyxa0, the investing partner of xa0Hashkeyxa0, has also paid attention to and invested in this track at an early stage.Partxa01: Evolution of

SOL version of EigenLayer? repledging boom burns into Solana ecosystem

Perhaps inspired by EigenLayer, although the Solana Foundation says it has no plans to do so at the moment, it seems that at least half a dozen teams in the community are working on Solana’s eco-style repledging protocols, and wanting to get a piece of the repledging industry’s dividend this time around.Recommended Reading: How will

What are Parachains? Polkadot’s Secret Weapon Explained – Decrypt

With an ever-growing number of blockchain projects, achieving interoperability and scalability between blockchains is increasingly important.Polkadot’s solution to this challenge is ‘parachains,’ a technical approach to allowing distinct blockchains to scale and work together effectively and safely, leveraging the Polkadot network’s guarantees of security, isolation, and communication.What are parachains?Unlike most other blockchains such as Ethereum, Polkadot

Firecoin Research Institute: DePIN Track Status and Development Predictions, Potential Profit Expectations for DePIN in the Medium

The Decentralized Physical Infrastructure Network (DePIN) is reshaping the blockchain space through its innovative use of existing infrastructure and data-centric business model.DePIN transcends traditional IoT frameworks and stands out for its decentralized efficiency and cost-effectiveness.This report explores the rapidly growing DePIN space, particularly in the Solana network, which is known for its solid infrastructure and

What Is the Bitcoin Genesis Block? How It All Started – Decrypt

On Saturday, January 3, 2009, Bitcoin was born. With the creation of the very first Bitcoin block—known as the ‘Genesis Block’—the first set of 50 BTC was mined into existence.This genesis block is considered the start of the Bitcoin blockchain—and the beginning of the cryptocurrency revolution.Many would argue that the day it was minted represents

Theta Network: a blockchain-based decentralized video delivery network

Theta Network is a blockchain-based decentralized video delivery network that aims to solve some of the core problems in the current video streaming space.Traditional video streaming services face the so-called “last mile” delivery problem faced by the content delivery networks on which they rely. typically, Content Delivery Networks require data centers to be established close

25,000 DOT for you to split?AIWeb3 & Talisman are back for another wild party!

AIWeb3 and Talisman are once again joining hands to offer a feast of super rewards for crypto players! Talisman’s quest mission not only has a total value of up to $25,000 DOT rewards for you to split, but also multiple surprises and excitement for you to experience!As a multi-chain browser plug-in wallet, Talisman is the

U.S. Department of Justice “changed its mind” or Zhao Changpeng imprisonment to 3 years?Defense documents reveal a warm side

On April 24, the U.S. Department of Justice said that CoinSec founder and former CEO Zhao Changpeng should serve three years (36 months) in prison, according to the reasons given, which should be increased because U.S. Department of Justice attorneys believe that Zhao helped CoinSec to violate federal sanctioning and money laundering laws, and say

What was behind the run on Renzo’s liquid restaked ETH?

Liquid staking protocol Renzo experienced explosive growth in 2024, rocketing to a peak of just over 1 million ether in deposits worth about $3.3 billion.As with many protocols spinning up around EigenLayer, the surge in deposits was driven by points incentives, not only for depositing ETH directly with Renzo but including more speculative opportunities.Partnerships with

Free airdrops of Rune Stones NFT up to 0.08 BTC!What is Rune Rune?

In the past two days rune stones fell back to the pre-fomo price of 0.022 BTC, nearly $1500, and stone NFT rose to 0.08 BTC at one point.Some of the group played Inscription last year, the Bitcoin wallet address was active, and some people received several, if not dozens, of Rune Stones.The rune market is

What Is Xai? The Rising Ethereum Layer-3 Gaming Network on Arbitrum

A new gaming blockchain has entered the lobby in 2024: Xai.“Xai is built to enable open trade in the next generation of video games,” the official site says. In its quest to do so, the network aims to reduce fees, offer account abstraction to hide some of those pesky blockchain elements, and empower game creators