Ethereum price data points to impending rally above $3.4K
Three key Ethereum price metrics suggest ETH is primed for a rally above $3,400.
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Celo network back online after almost 24-hour outage
It was the first time the Celo mainnet had gone down in more than two years. 65 Total views 1 Total shares Proof-of-stake-based blockchain Celo has been suffering from an on-and-off network outage lasting 24 hours, though the blockchain appears to be up and running again now. Celo is an open-source blockchain that enables users with…

Xbox boss keen on Metaverse but ‘cautious’ about play-to-earn games
Phil Spencer argues that “gamers have been in the Metaverse for 30 years” as games already offer 3D shared worlds for people to communicate in. 252 Total views 8 Total shares Phil Spencer, the head of Microsoft’s gaming company Xbox is optimistic about the Metaverse but remains “cautious” about play-to-earn (P2E) crypto games due to…

Was sub-$60K a bear trap? 5 things to know in Bitcoin this week
Bitcoin teases a return of the bull market as the monthly and quarterly close save BTC price action from a major trend loss.

Van Eck declares Bitcoin ‘less volatile than many’ stocks
Van Eck's latest research appears to be an effort towards calming investor fears about Bitcoin... as well as the SEC's. 2228 Total views 17 Total shares On Friday, investment management firm Van Eck released new research indicating that Bitcoin’s price movements are less volatile than between a quarter and a third of the stocks listed…

Fortune 500 Company Avnet Works With BitBay to Add Bitcoin, Bitcoin Cash Payment Option
Avnet, Inc, one of the world's largest distributors of electronic components and technology solutions providers, has announced a collaboration with crypto payment processor BitPay to accept cryptocurrency for the company’s services and products. The development was disclosed in an official press release published on March 19.Avnet, Inc., which has been listed on Fortune 500 for…

UAE, Saudi Arabian central banks release report on Project Aber CBDC trial
The joint report is among the most promising CBDC studies conducted by central bank authorities Central banks from two of the most powerful economies in the Middle East released today a report on a yearlong joint central bank digital currency (CBDC) project — and results speak glowingly of blockchain technology. First announced in January of 2019,…

Bitfinex Calls Itself ‘Victim of a Fraud’ in Response to Recent Arrest
Major global crypto exchange Bitfinex has called itself a “victim of a fraud” in response to the recent arrest of the president of Crypto Capital exchange.Bitfinex will continue to recover lost fundsFollowing the arrest report on Oct. 24, Cointelegraph received a response statement from Stuart Hoegner, Bitfinex's general counsel, on Oct. 25. The statement seeks…

Everything But Crypto, Or How the ‘Crypto’ Movie Does Not Live Up to Its Name
Edward Zuckerman is a journalist and an Emmy-winning television writer.The best news for crypto enthusiasts about the movie “Crypto” is that “Crypto” has very little to do with crypto. It is mainly concerned with Russian mafiosi, money laundering and a main character who plods through the heavy plot with the affect of a depressed zombie.Cryptocurrencies…