On the Ropsten testnet, the Merge went through without a hitch. In late Q3 or early Q4 2022, the ultimate merger will occur. Ethereum developers will focus on sharding after the switch to the proof-of-stake algorithm.
A deal between Ripple and the SEC is rumored. A long-term declining resistance line has been reached by XRP. It has emerged from a triangle that is symmetrical.
Recently, Coinbase and Trust Wallet received erroneous pricing data from cryptocurrency market data provider CoinMarketCap. The information revealed inflated pricing for SHIB, Ethereum, and Bitcoin. No indication of a hack exists.
Recently, the price of metaverse land has decreased. According to Tomas Nascisonis, CEO of Crypto House Capital, economic factors are only temporary, and the metaverse of the future will continue to expand.
Will Clemente is a well-known Bitcoin on-chain analyst and is the Co-Founder of Reflexivity Research. Based on his earnings from his subscription business, which costs a $1,000 yearly fee for his research, William Clemente's estimated wealth is $5 million.
Terra's Luna Classic (LUNC) is up more than 70% for the week and more than 44% for the month, reaching $0.000365 mid-day Sunday as traders awaited Binance's final token burn numbers. This is because most cryptocurrencies saw only minor gains.
According to reports, Michael Patryn, a convicted criminal and co-founder of the now-defunct Canadian crypto QuadrigaCX, has been revealed as Wonderland's chief financial officer and goes by the Twitter moniker OxSifu. He will now resign from his role as the decentralised finance (Defi) protocol's treasury manager.
In the past, buying opportunities have been fantastic when the price of bitcoin falls below the 200-week moving average. The 20W MA has now, however, dipped below the 200W MA for the first time ever. Despite the correlation, according to PlanB, Bitcoin is still beating the S&P 500.
Starbucks and Polygon will partner on the "Starbucks Odyssey" non-fungible token (NFT) loyalty program. Customers can buy or earn digital assets through the programme, and these assets will unlock exclusive rewards and experiences. The program's main goal is to migrate the current client base to Web3.
With $68 billion in assets, Tether is the largest stablecoin in the world. In order to improve the transparency of its USDT reserves, Thether will carry out a full audit with a top 12 accounting firm.
According to reports, CryptoPunk #9998 sold for $532M. The CryptoPunk NFT was sold and then acquired back in a deal akin to a "wash sale" in traditional securities markets.
In August, the average sale price in BAYC was close to $130,000. There weren't more than 300 unique buyers in total. Less than $60 million worth of merchandise from the NFT collection were sold in August.
Elon Musk's Baby Musk Coin, which has seen its price drop by about 100%, looks like it is seeing a rug pull. According to reports, the project's developer dumped the tokens, which led to a huge price decline. The token cannot be sold by coin holders, a situation known as a honeypot.
While Terra LUNA & LUNC show weakness with Do Kwon on the run, Binance increases its burn tax by 1.2%. A warrant for Do Kwon's arrest has been issued by South Korean authorities. At the $0.000275 support level, LUNC has retraced.
On Sept. 29, global music and entertainment company Warner Music Group (WMG) announced a partnership with nonfungible token (NFT) marketplace OpenSea to provide a platform for select musical artists to build and extend their fanbase into the Web3 community.
