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Centurion Invest Closes $2.0 Million CIX Pre-Sale Week Ahead of Schedule

Tallinn, Estonia, 15th January, 2022, Chainwire Centurion Investment, an Estonia registered, the fastest growing digital platform, specialized in trading and ...

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5 Ways Crypto is Changing the Lives of Students

5 Ways Crypto is Changing the Lives of Students

E-Crypto News' update provides the latest articles on technology and cryptocurrencies.

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Continue reading 5 Ways Crypto is Changing the Lives of Students at E-Crypto News.

Volotea announces 3 new routes

Volotea has announced three new destinations that will enrich its offer in Greece: two new connections from Athens to Bordeaux and Nantes and one from Zakynthos to Nantes. The new route to Bordeaux, which will be operated twice a week (Tuesday and Saturday) from May 28, 2022 provides for an offer of more than 9,000 […]

Web 3.0: The future of e-commerce beyond Amazon, Walmart and Alibaba

For decades, the global economy has thrived on the internet, and for the better part of that time, it has been subjected to a centralised system. While the world is yet to fully transition to web 3.

NEAR Technical Analysis: New All-Time High Formation Induces Profit Booking, Should You Keep Holding or Sell?

NEAR Technical Analysis

NEAR coin price creates a new all-time high level at $20 but falls due to increased profit booking. Will the bulls regain trend control to reach $23? NEAR Protocol is a layer-1 blockchain that was created as a cloud computing platform run by community members. It removes certain limitations that have plagued other blockchains such as slow transaction speed and interoperability. It provides the perfect environment for DApps and provides an easy-to-use and developer-friendly platform. For example, NEAR uses human-readable account names, as opposed to the cryptocurrency-based wallet addresses used by Ethereum. NEAR is also able to provide innovative solutions to scaling issues and also has its own mechanism for consensus called “Doomslug.” Let us move ahead to read about Near Protocol technical analysis. Past Performance of NEAR The NEAR coin price faces rejection near the all-time high level of $20.38, predicted in our previous article. The coin price shows a growth of 60% in the last five days resulting in multiple bullish engulfing candlesticks. The price jump results in the breakout of multiple resistance levels including $18. Therefore, the current retracement acts as the retest of the $18 breakout. NEAR/USD Daily Chart NEAR Technical Analysis The NEAR coin price forms a bearish candle with a minuscule wick, indicating a solid selling pressure in action. However, the free fall in the coin price can find support at $18 as a previous candle shows lower price rejection from the horizontal level. Crucial EMAs (50, 100, and 200) rise in an ascending alignment reflecting a solid bull run in action. Therefore, retracements to 20-day EMA can provide buy-the-dip opportunities. The RSI indicator at 65% shows a small reversal in the slope as it struggles to rise into the overbought zone. Nonetheless, the slope and the 14-day SMA sustain above the center mark in the daily chart. The MACD indicator shows a gradual rise in the MACD and signal lines in the positive segment in the daily chart. Therefore, the indicator remains bullish for the NEAR coin.  Therefore, the technical analysis indicates a solid bull run with a short correction in action to retest the bullish breakout. Furthermore, the indicators maintain a buy signal for the coin. Upcoming Trend The creation of an all-time new high level at $20 marks a significant bullish milestone for the NEAR coin. That is why a fall due to profit booking is seen. However, the retest of $18 will drive the prices higher to the next pivot level. That is why holders can see the price break above $20 shortly. The price action suggests support levels at $18 and $16 can halt the profit booking induced falling price. And, a bullish reversal can find selling pressure at $20 and $23. At press time, the sentiments chart gives a “BUY” signal for the Near Protocol token.

The post NEAR Technical Analysis: New All-Time High Formation Induces Profit Booking, Should You Keep Holding or Sell? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Far Cry 6: Control DLC Review

I never really considered Far Cry a series that was ripe for the roguelite treatment, and Far Cry 6’s Control DLC doesn’t do...

Top 5 Metaverse Crypto Coins With a Market Cap Over $2 Billion

Metaverse crypto coins are undoubtedly the current hype in crypto markets. With several Metaverse crypto coins seeing multi-billion dollar valuations, it’s not a surprise that projects with Metaverse use cases are doing exceptionally well. This article looks at the top five Metaverse crypto coins with a market cap over $2 billion, ordered by project valuation, […]

The post Top 5 Metaverse Crypto Coins With a Market Cap Over $2 Billion appeared first on NullTX.

Why Proof-Of-Work Is A Superior Consensus Mechanism For Bitcoin

The proof is in the pudding when it comes to Bitcoin’s proof-of-work mechanism versus a proof-of-stake consensus mechanism debate.

Cardano Enters The Basho Stage: How It Improves Performance

The software platform Cardano has entered the third stage of its roadmap, the Basho era. It promises to improve the network’s performance and scalability. Cardano’s roadmap is “a summary of Cardano development” divided into five eras to deliver improvements in diverse functionalities of the network that are “delivered across multiple code releases”. Now that the platform’s core smart contract capability Plutus has been deployed, the launch of the Basho era focuses on scaling Cardano, promising “Parameter adjustments, improvements, enhancements and other innovations” supposed to increase the network’s capacity. They also call it “an era of optimization”, promising to enhance the performance and interoperability “to better support growth and adoption for applications with high transaction volume.” It is supposed to bring high performance, resiliency, and flexibility to the network. Related Reading | Cardano Foundation Completes Funding To Plant 1 Million Trees Scalability And Interoperability Scalability and interoperability are some of the main solutions that Cardano wants to offer as the “ethereum killer”. While the Ethereum network is working to handle up to 100,000 transactions per second (tps), Cardano plans to reach millions of tps through the second-layer solution Hydra. On the interoperability’s side, the Basho stage will introduce the sidechains, “new blockchains, interoperable with the main Cardano chain”, which eventually intends to allow the blockchains, with different architectures and codes, to be able to communicate: interoperate. The Cardano Roadmap explains that “Sidechains can be used as a sharding mechanism by off-loading work from the main chain onto a sidechain to increase the capacity of the network. They can also be used to introduce experimental features without affecting the security of the main blockchain.” Similarly, this stage will also introduce parallel accounting styles: “the ability to support and switch between UTXO and account-based models will be added using sidechains.” This is also meant to enhance interoperability and “support new kinds of use cases on the network.” “Building on these foundations, and steadily increasing capacity and throughput to deal with the growth in the DApp ecosystem and onboard first hundreds of thousands, then millions of new users. From DeFi degens to citizens of developing nations.” Cardano has been widely criticized for its slow start. Many people thought the platform was lagging behind, noting it took a long time to deploy its first smart contract. However, the CEO of the Cardano Foundation Frederik Gregaard argues that they take a careful approach to launch functions, with rigorous testing and peer review. This time around, the Basho stage’s launch report noted that they expect “periods of high demand, network congestion at times”, but they see it as part of the ‘journey’ and added that they will be maintaining a “considered, safe approach”. “We’re on an exciting journey and usage will be high. While we may at times feel impatient, this is the way. Here’s how we will optimize and scale as we grow.” What The Basho Era Promises To Solve The optimization and scalability improvements have been divided in the report between “on-chain solutions” and “off-chain solutions”. Here is what they intend to solve: For on-chain solutions: Block size increase: the network recently increased the block size by 12.5% to 72KB and “further increases will be applied over time”. Pipelining: intends to propagate blocks “to at least 95% of peers within five seconds” to provide “the headroom to make more aggressive scaling changes”. Input Endorsers: “This improves the consistency of block propagation times and allows higher transaction rates.” Memory /CPU parameters for Plutus: improves the efficiency of memory usage across the chain. Plutus script enhancements: a “more effective usage of the powerful EUTXO model through smart contract optimization,” Node enhancements: intends to “help even distribution of stake and reward computations across the epochs”. The new node version “reduces peak load at critical points,” On-disk storage: “RAM-constrained systems will be able to run nodes (…) and memory will no longer be a bottleneck on scalability.” For off-chain solutions: Sidechains: “Assets can be moved between chains as needed.” Hydra: “provides a more efficient means to process transactions off-chain,” Off-chain computing: “Transactions occur outside of the blockchain itself, yet can offer fast, cheap transactions via a trust model.” Mithril: results in “Multi-signature aggregation that is fast and efficient without compromising security features.” Related Reading | Cardano’s Ecosystem Explodes, Why ADA Could Be Quick To Resume Bullish Trend ADA’s Price ADA trades at $1,28 at the time of writing, up 3.74% in the last 24 hours, but 59.1% down from its last peak in September 2021. ADA trading at $1,28 in the daily chart | Source: ADAUSD on TradingView.com

The Roads To Hyperbitcoinization: Describing The ‘Transition Agents’ Bringing Us Financial Freedom

These bottom-up “transition agents,” from private business to the freedom ladder, will be what drives us all to hyperbitcoinization.

Bitcoin Is A Better Store Of Value Than Real Estate

Real estate, the traditional store of value in modern times, has many attributes that make it an inferior choice to bitcoin for a store of value.

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