Bitcoin soars to $41K after a late surge on March 18 which challenged other higher levels for both ETH and BTC as the former is about to hit the $3,000 level once again so let’s read more today in our latest altcoin news. Bitcoin saw a brisk upwards action during the Wall Street trading session […]

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

The CEO of embattled crypto exchange platform BitMEX says that leading digital asset Bitcoin (BTC) could see a seven-figure price tag in the future. In a new article, Arthur Hayes says that he sees BTC being worth millions of dollars in the long run because governments around the world cannot stop devaluing their currencies by […]

The post Here’s Why Bitcoin (BTC) Will Eventually See a $1,000,000 Price Tag, According to BitMEX Co-Founder Arthur Hayes appeared first on The Daily Hodl.

Bullish KAVA price prediction ranges from $5.753 to $8.734. The KAVA price might also reach $10 soon. KAVA bearish market ...

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The amount of bitcoin as a percentage of circulating supply that hasn't moved in one year is near an all-time high.

The post Caution Traders! Bitcoin (BTC) Price To Suffer Another Pullback Prior To $43k This Weekend! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The cryptosphere’s yearn for a bull run, now finds possibilities, as the industry tends to recover from its setbacks. Wherefore, investors now eye on the star crypto Bitcoin, in hope of it retracing its path to the bulls. Successively, folks from the crypto town are analyzing the foot movements of Bitcoin and its price projections …

Image source: Marius Faulhaber / Red Bull Content Pool

Red Bull Solo Q, the official 1v1 League of Legends tournament, has revealed details of its 2022 return including UK qualifiers this summer.

National tournaments and international qualifiers kick off in March 2022, giving amateur players the opportunity to compete at the highest level and offering League of Legends fans a different viewing experience.

The top players will compete at the Red Bull Solo Q World Finals later this year, battling for bragging rights as the world’s best amateur 1v1 League of Legends player. 

Continue reading Red Bull Solo Q 1v1 LoL tournament returns for 2022, with UK qualifiers set for June

Bitcoin is in a bull run on one minute candles, crossing $41,000 once again in what may well be sell the rumor, buy the news. Months of speculation on interest...

Bitcoin, and other crypto-assets, look well-positioned for an upclimb in the near term. This is according to new on-chain data from the Santiment analytics platform.

A widely followed crypto analyst says that Bitcoin (BTC) and one Ethereum (ETH) competitor are facing significant downside risks amid recent sideways movement in the markets. Starting with Bitcoin, pseudonymous crypto analyst Capo tells his more than 248,600 Twitter followers that Bitcoin is experiencing weak bounces, which could be short-lived. “The bulls turned euphoric yesterday […]

The post Top Crypto Analyst Issues Bitcoin (BTC) Warning, Predicts This Ethereum (ETH) Rival Could Crash by Over 50% appeared first on The Daily Hodl.

South Korean digital asset experts gathered at the National Assembly on Thursday to discuss president-elect Yoon Suk-yeol’s crypto campaign promises, which included his plan to bring back initial coin offerings (ICOs). See related article: A crypto bull wins the presidency: What it means for South Korea Fast facts The head of crypto exchange Upbit’s investor […]

Uniswap (UNI) has reported gains over the last three days in a row. This…

The post Uniswap (UNI) shows strength in recent days – Here is why it could regain crucial support appeared first on Coin Journal.