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Solana (SOL) is targeting $100 in the days ahead – Here is how this will happen

Despite various bearish predictions over the last three weeks, Solana (SOL) has remained quite…

The post Solana (SOL) is targeting $100 in the days ahead – Here is how this will happen appeared first on Coin Journal.

Ethereum Staking Queue Nears All-Time High Ahead Of Mainnet Merge

Ethereum is well on its way to the Merge as more milestones are met. The move to proof of stake will no doubt be a game-changer for the blockchain. So As the day for the merge draws closer, users of the network have been upping their activity in recent times. One of the places where Ethereum has recorded an uptick has been the staking queue which is now nearing its previous all-time high. Ethereum Staking Queue Crosses 300,000 The Ethereum staking queue is a good indicator of how users of the network are looking at it. When this is low, investors may be more way and not want to stake their coins on the network. However, when this number begins to go up, it signals a number of things for Ethereum, among them, being that users are looking more positively at it. Related Reading | TA: Bitcoin Holds Uptrend Support, What Could Trigger Sharp Decline This queue has been going up in recent times and as of 17th March, has almost reached its previous high. It had previously touched a new high above 330K in June of 2021 when the bull rally had been in full bloom. But the subsequent market downtrend had seen this number come down with it going into the bear trend. Only to begin another recovery in August of the same year. ETH price recovers above $3,900 | Source: ETHUSD on TradingView.com As for 2022, the number had been steadily growing but hadn’t seen any significant boost. This boost came about two weeks into March when the number of wallets on the queue crossed 300K. It is the sharpest increase ever recorded by the Balance Validators Status. What Does This Mean? For a network like Ethereum, beating and setting new records aren’t a new thing. But like with any other thing, such high interest will definitely have an impact on the network and the price. In this case, the number of wallets that are now suitable to stake on the network is higher and are waiting to be activated to do so. When such a large amount of wallets are given the green light to start staking, it will take a good chunk of coins out of current circulation. Related Reading | TA: Ethereum Consolidates Near $2,800, Why ETH Could Rally Again This is because it takes 32 ETH for a wallet to be eligible to become a validator on the network. This means that when these wallets on the queue are activated, about 1 million ETH coins will be locked away for at least three months, which is the minimum staking duration for Ethereum. A look at past charts shows that times like this have coincided with the increase in price for ETH. However, there has been one deviation which was during the November rally where ETH hit a new high above $4,000. Nevertheless, with such volumes of ETH being temporarily taken out of circulation, it most likely will positively affect the value of the cryptocurrency, pushing the value towards previous highs. Featured image from MARCA, chart from TradingView.com

Solana Sees Small Bump in Price As Coinbase Wallet Expands Support for SOL Ecosystem

Coinbase is pressing ahead toward the Web 3.0 future by enabling its browser-based wallet to accept assets from the Solana (SOL) ecosystem. According to a new press release, the US-based crypto exchange says it’s responding to new needs and opportunities as blockchain technology expands its frontiers. “Over the past year, there has been an explosion […]

The post Solana Sees Small Bump in Price As Coinbase Wallet Expands Support for SOL Ecosystem appeared first on The Daily Hodl.

Week Ahead – Accelerated tightening

Central banks playing catch-up The global economy is facing an incredible amount of uncertainty at the moment which is continuing to drive the volatility we’re seeing in financial markets. Whether it’s uncertainty around inflation, interest rates, commodity prices, Covid or Ukraine, the growth outlook has become extremely unclear and is constantly subject to significant revisions. […]

Could this on-chain metric catapult Ethereum’s price?

As another week comes to a close in this eventful macroeconomic climate, let’s take…

The post Could this on-chain metric catapult Ethereum’s price? appeared first on Coin Journal.

Commodities and Cryptos: Oil choppy, Gold lower, Bitcoin steady

Oil Crude prices are consolidating as energy traders process the IEA’s 10-point plan to reduce oil consumption and await to see if any progress in peace talks between Ukraine and Russia can be made. Oil will remain a volatile trade in both directions, but the geopolitical risks don’t seem like they will be going away […]

Top 5 Junglers in League of Legends

Which are the top junglers in the current meta of League of Legends? If you don’t know who are the best Jungler Champions in competitive League of Legends, let us help you out! Are you into esports betting?  Check out our predictions, power rankings, tournaments previews, and all the best tips and guides to get […]

The post Top 5 Junglers in League of Legends appeared first on EsportsBets.com.

Data Fueled Decision Making : Our Women’s History Month Conversation with SmartAsset’s Meghan Lapides

Finovate’s celebration of Women’s History Month continues with this conversation with Meghan Lapides, who recently became Chief People Officer for SmartAsset. Founded in 2021, SmartAsset is an online hub for consumer-focused financial information and advice. The company reaches approximately 75 million people each month via its educational content, personalized financial calculators, and other tools. SmartAsset Read more...

The post Data Fueled Decision Making : Our Women’s History Month Conversation with SmartAsset’s Meghan Lapides appeared first on Finovate.

Ravendex’s RAVE Token Price Surges After New Listing

Ravendex Launches A Non-Custodial Cardano Native Token Staking Platform
Ravendex, a non-custodial DEX on the Cardano ecosystem is elated to announce the listing of its utility token, $RAVE, on yet another cryptocurrency exchange. Following the listing, the RAVE token saw a surge in price by about 20% as more users sought to join the project. Notably, the RAVE token is already tradeable on centralized […]

POPULATION: ONE’s New Metropolis Map Is Its Biggest Yet

The cyberpunk-themed environment is bigger than the entire POPULATION: ONE map combined. The popular VR battle royale game POPULATION: ONE has gone through a number of transformations since its launch on Quest and PC VR headsets in 2020. Developer BigBox VR has continued to support the game with new avatars to unlock, weapons to master, […]

The post POPULATION: ONE’s New Metropolis Map Is Its Biggest Yet appeared first on VRScout.

European conference spotlights quantum for business

Quantum Business Europe aims to accelerate the next technological revolution by helping industry discover the wide-ranging potential of quantum innovations

The post European conference spotlights quantum for business appeared first on Physics World.

Why The Crypto Market Bloomed After FED Decision

why-the-crypto-market-bloomed-after-fed-decision

Bitcoin and the crypto market trend to the upside on Wednesday. The Federal Reserve (FED) announced a raise rates by 25 basis points. The FED Chair Powell said at the news conference; We are attentive to the risks of further upward pressure on inflation and inflation expectations. The committee is determined to take the measures…

The post Why The Crypto Market Bloomed After FED Decision appeared first on Bitcoin News Miner.

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