Bitcoin (BTC) last line in the sand – $51,000 beckons

As an experienced analyst, I believe that the current state of the Bitcoin market is fraught with uncertainty and fear. The recent loss of key support levels at $61,000 and $58,000 has left many investors feeling anxious and uncertain about the future direction of the price. The price of Bitcoin is teetering on the precipice … Read more

FoundationLogic Unveils Silent Home Miner at Mining Disrupt 2024

As an analyst with a background in the crypto mining industry, I’m thrilled to see FoundationLogic’s latest announcement at Mining Disrupt 2024. The company’s new ElphaPex DG Home 1 miner is a game-changer for silent home miners, offering both DOGE and LTC rewards through the Scrypt algorithm. Singapore, Singapore, July 4th, 2024, Chainwire As a … Read more

Belgium’s FSMA says crypto scams still account for 50% of fraud activity

As a researcher with a background in financial regulation and a personal experience of investigating fraudulent activities, I find Belgium’s recent report on crypto scams and fraudulent trading platforms alarming. The fact that these illicit activities account for half of all fraud reports received by the Financial Services and Markets Authority (FSMA) in the first … Read more

Ethereum Developers Unveils EIP-7732 to Boost Ethereum Speed

As an analyst with a background in blockchain technology and a keen interest in Ethereum’s development, I am excited about the potential implications of EIP-7732 for the Ethereum network. This proposal represents a significant step forward in addressing the demands for increased efficiency and security in the Ethereum ecosystem. Ethereum developers have put forward a … Read more

What is Polkadot’s Asynchronous Backing?

As a seasoned blockchain analyst with years of experience in the industry, I am thrilled about the recent development of Asynchronous Backing in Polkadot. This technology is a game-changer that significantly reduces transaction confirmation times and expands network capacity, opening up endless possibilities for decentralized applications (dApps) requiring rapid transaction processing. I, as an analyst, … Read more