Author: Kryptonews

Ethereum is showing signs of short-term exhaustion after a strong impulsive rally. Although the buyers have managed to break through major resistance levels, the price is currently stalling around a key structure and could be at risk of a local top if momentum fades. Technical Analysis The Daily Chart ETH has decisively broken above the 100-day moving average, located around the $2,100 area, and is also trying to reclaim the 200-day moving average near the $2,600 mark. Moreover, the RSI is hovering in the overbought territory, signalling that the rally might be overextended in the short term. Currently, the asset…

What is AI vibe coding? AI vibe coding is a novel approach to software development that generates advanced, executable code based on well-crafted natural language user prompts. Yet another innovation fueled by artificial intelligence capabilities, AI vibe coding is proving to be a game-changer, especially for non-technical enthusiasts who can now experiment with software development and contribute to the ever-expanding technology ecosystem.At a fundamental level, AI vibe coding uses advanced machine learning algorithms to interpret natural language instructions and generate corresponding code in the desired software language. Users can input their requirements in plain language, such as “create a crypto website with…

Blockchain technology has long been synonymous with cryptocurrency, particularly Bitcoin. However, its potential extends far beyond digital currency. At its core, blockchain is a decentralized, immutable ledger that records transactions across numerous computers, making it secure, transparent, and resistant to fraud. This foundational technology has sparked innovation across various sectors, from supply chain management to healthcare and voting systems. ### Decentralized Finance (DeFi) One of the most significant applications of blockchain beyond cryptocurrency is DeFi. Unlike traditional finance, which relies on intermediaries like banks and clearinghouses, DeFi leverages decentralized networks and smart contracts to facilitate lending, borrowing, trading, and other…

IntroductionBitcoin (BTC) has once again shown its resilience by stabilizing above the critical $60,000 level after enduring a sharp correction. This move has ignited renewed optimism across the crypto community, as key indicators begin flashing signs of a potential bull market revival. With the halving cycle in progress and institutional interest surging, one particular momentum indicator—a green flashing 2-week Relative Strength Index (RSI)—is catching the attention of seasoned investors and market analysts alike.Historically, moments like these have presented investors with window-of-opportunity scenarios, where early positioning led to substantial profits. As smart money starts making strategic moves, the question becomes: will…

Key Takeaways Mubadala Investment Company increased its holdings in BlackRock’s spot Bitcoin ETF to 8.7 million shares valued at $408 million. Citadel Advisors expanded its IBIT holdings to over 3 million shares worth approximately $147 million. Share this article New SEC filings reveal that Abu Dhabi’s Mubadala Investment Company and Citadel Advisors have increased their holdings in BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), a sign of sustained institutional interest in crypto-related assets despite recent market volatility.Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, increased its holdings in BlackRock’s spot Bitcoin ETF to 8.7 million shares valued at…

Bitcoin BTC$103,922.68 bulls face a $120 million resistance challenge as they look to extend the classic “stair-step” uptrend, or periodic controlled move higher, order book data show.Since April 9, bitcoin has climbed about 38%, advancing from around $75,000 to $104,000 as trade tensions eased and major market participants deployed capital.This rally can be described as a classic stair-step pattern: Initial bullish impulses are followed by periods of consolidation, which set the stage for the next upward move.For example, the initial increase from $75,000 encountered range-bound trading between $83,000 and $85,000. The subsequent step higher faced consolidation between $92,000 and $96,000.Similarly,…

Central banks are experimenting with smart contracts to implement monetary policy in tokenized environments, signaling a growing interest in integrating blockchain technology into traditional finance (TradFi).According to a joint research study by the Federal Reserve Bank of New York’s Innovation Center and the Bank for International Settlements (BIS) Innovation Hub Swiss Centre, smart contracts could offer central banks flexible, rapid-response tools in a tokenized financial system.The study, dubbed Project Pine, tested a prototype “generic customizable monetary policy tokenized toolkit” for further research by central banks, according to a BIS report published May 15.“The smart contract toolkit was fast and flexible,”…

The Environmental Footprint of Blockchain Technology Cryptocurrency and blockchain technology have revolutionized digital finance, promising security, transparency, and decentralized control. However, beneath the surface of innovation lies a significant environmental cost that cannot be ignored. The energy consumption and e-waste generated by blockchain networks, particularly those relying on Proof of Work (PoW) consensus mechanisms, pose growing threats to sustainability. The Energy Problem: Proof of Work vs. Proof of Stake One of the most significant environmental concerns stems from the PoW system used by Bitcoin and some other cryptocurrencies. This method requires miners to solve complex mathematical problems to validate transactions,…

Bitcoin transfers, at their core, are simple: sending Bitcoin from one address to another. However, understanding the nuances of these transactions is crucial for ensuring your crypto arrives at its destination safely and efficiently. This article outlines the essential information you need to know about Bitcoin transfers. Understanding Bitcoin Addresses Think of a Bitcoin address as a digital bank account number. It’s a unique string of characters that identifies where Bitcoin is stored on the blockchain. These addresses are public, meaning anyone can see transactions associated with them using a blockchain explorer. However, your identity isn’t revealed. Address Generation: Bitcoin…

Investors are preparing for what seems will be the biggest bull run this year, which could potentially top January’s historic run when Bitcoin reached $108,786.While it’s currently trading 4.5% lower than its record, it regained its position above the historic $100,000 mark, with many speculating that it will have a new all-time high very soon.Add in that Ethereum is also pacing around the $2,574 mark with its 40% surge in the last two weeks, and you can see why investors are excited for the future.To stay prepared for the bull run, early participation often grants high returns. That’s why the…