Author: driver789

Ethereum was cheaper than expected in 2020, and rollup decentralization was slower than promised in 2021. Those two realities are forced the ecosystem to rewrite what “a layer-2” is for.Vitalik Buterin’s recent post on Ethereum Research bluntly frames the shift: the original vision of layer-2 (L2) blockchains as “branded shards” of Ethereum is no longer viable, and the ecosystem requires a new path.However, this isn’t abandonment. Instead, it is a re-tiering of expectations and a sharper definition of what different types of rollups are actually building.The question now is the new job description, since the premise underlying the rollup-centric roadmap…

XRP (XRP) price dropped below $1.50 over the weekend, its lowest level in over 14 months. Now, a bearish technical setup on the charts suggests that the downtrend may extend throughout February.Key takeaways:XRP’s bear pennant on the four-hour chart targets $1.22.XRP futures open interest dropped to $2.61 billion, which gives some hope for the bulls. XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP price chart shows a textbook bear pennantOn Saturday, XRP price fell about 14% from a high of $1.75 to a low of $1.50, losing the $1.60 support level for the first time since November 2024. The latest drop has put it…

Several layer-2 builders responded after Ethereum co-founder Vitalik Buterin said the original vision of L2s as the primary scaling engine “no longer makes sense,” calling for a shift toward specialization.In a Wednesday post, Buterin argued that many L2s have failed to fully inherit Ethereum’s security due to continued reliance on multisig bridges, while the base layer is increasingly capable of handling more throughput via gas-limit increases and future native rollups.The comments prompted responses from Ethereum layer 2s, who broadly agreed that rollups must evolve beyond being cheaper versions of Ethereum but diverged on whether scaling should remain central to their…

Indian crypto investors have shed the speculative itch and are buying the dip in bitcoin BTC$76,073.52 price like seasoned pros, Mumbai-based CoinDCX exchange told CoinDesk.”Indian investors are maturing. They’re no longer driven purely by sentiment or headlines; instead, they’re focused on fundamentals and the long-term potential of the asset class,” CoinDCX’s CEO Sumit Gupta said in an email.”We’re seeing it in their behavior: regular bitcoin systematic investment plans (SIPs), deliberate market orders, and thoughtfully placed limit orders,” he added, naming ether ETH$2,267.87, solana SOL$92.50 and XRP XRP$1.6019 as other favorites.The latest trend contrasts with the frenzied trading in 2021 when…

Bitcoin, Ethereum and XRP are stuck in tight ranges as traders watch today’s Fed decision and, more importantly, Powell’s tone to decide the next big move. Summary Bitcoin is consolidating just under $90k, with bulls eyeing a break above 90,000 for a fresh leg higher and bears watching 85,000 as the line that opens deeper downside. Ethereum holds near 3,000 after repeated tests of the 2,700–3,300 band, with analysts warning a dip toward 2,700 could be a bear trap before any push toward 3,500. XRP is accumulating between $1.70–$1.90 but still capped below $2.40, with a clean break seen as…

Ethereum has seen a sharp sell-off that sent the price straight into a major demand zone near $2,150, which is now acting as the market’s last line of defense. Whether buyers step in here or fail to hold the line could determine if this move becomes a temporary liquidity flush or the start of a deeper trend shift. ETH Loses Key Support As Short-Term Momentum Turns Bearish Michael Van De Poppe noted that Ethereum has slipped below a crucial support zone, signaling increased short-term pressure. On the lower timeframes, price action has turned clearly bearish. However, zooming out to the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Active Addresses indicator has shot up for Ethereum even as the cryptocurrency’s price has witnessed a drawdown. Ethereum Network Activity Has Surged Recently In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the 100-day moving average (MA) of the Ethereum Active Addresses. This metric measures the total number of wallets that are coming online on the blockchain every day. An address is said to be “online” when it participates in some kind of transaction activity…

Venezuelan authorities have arrested Rosa María González, a key figure in the collapse of Argentine crypto firm Generación Zoe, nearly four years after the scandal left tens of thousands of investors defrauded.  González, 30, was taken into custody in San Cristóbal, Táchira state, following an Interpol operation. González is accused of fleeing Argentina with 611 Bitcoin, worth roughly $56 million today. She had spent years evading authorities, reportedly moving between apartments in Buenos Aires with private security before crossing into Venezuela, according to local reports.  Her arrest comes almost exactly one year after Leonardo Cositorto, the founder of Generación Zoe,…

A Glassnode analyst has pointed out how Ethereum is retesting a dense supply cluster that could set the tone for where the cryptocurrency heads next. Ethereum Is Trading At A Dense Level On The CBD In a new post on X, Glassnode analyst Chris Beamish has talked about how Ethereum is looking from the perspective of the Cost Basis Distribution (CBD). The CBD is an on-chain indicator that tells us about the total amount of ETH that investors last purchased at the various levels that the cryptocurrency has visited in its history. Below is the chart shared by Beamish that…

Bitcoin (BTC) traded as high as $76,900 on Wednesday, up 4.5% above its 15-month low of $72,860, reached on Tuesday. However, there are increasing signs that Bitcoin’s price could experience a deeper correction over the following weeks or months.Key takeaways:Bitcoin confirms bearish technical patterns on multiple time frames, risking a deeper correction toward $60,000.Bitcoin’s Puell Multiple could stay in the discount zone longer, indicating a continuation of the downtrend.A surge in BTC inflows to Binance could provide bears with fuel for a deeper pullback.Bitcoin’s chart technicals target sub-$60,000The BTC/USD pair had confirmed a head-and-shoulders (H&S) pattern on its weekly chart,…