While technology continues to advance at a rapid pace, it has a negative impact. In the blockchain world, that negative is enormous energy use. For years, cryptocurrencies like Bitcoin have sounded environmental warnings with good reason. The energy-intensive Proof-of-Work (PoW) consensus mechanism has been most often featured in this narrative....
Bitcoin has surged back into the headlines, and BlockOpulent is your resource to help make sense of the signals. The cryptocurrency is on the offensive again, now well above the $90,000 mark with the same cosmic gale forces of global tensions and macroeconomic chaos swirling around it. For those navigating...
Launched in 2015, Ethereum has rapidly become one of the most significant innovations in the blockchain industry. It has surged up to be a serious contender against Bitcoin. Its native cryptocurrency, Ether, has rapidly ascended to become the world’s second most popular cryptocurrency. The platform stands out on the whole,...
Indeed, as Bitcoin’s price has skyrocketed the $100,000 mark seems closer than ever before. According to one recently bullish crypto analyst, the cryptocurrency recently broke out of a four-month falling wedge pattern earlier this month, signaling renewed bullish sentiment. Recent gains are due to wider positive sentiment in risk-on assets,...
The crypto community has been aflame with excitement over Ethereum’s tremendous gains— especially as the second-biggest crypto hit that $2,700 threshold. Granted, ETH has rebounded – a commendable 26% off its early-April bottom. Don’t let the green candles blind you. As an analyst living in Tokyo, I’ve witnessed these rallies...
Don’t the Bitcoin maximalists just make you sick? The crypto space is not a zero-sum environment. The allure of cryptocurrency Bitcoin is king – there’s no denying it. To write off what Ethereum can do is like writing off the internet’s boom as soon as the personal computer was created....
Ethereum (ETH) has been indicating that it’s on the cusp of a BTC recovery for the last several days. Technical indicators suggest a change in momentum. The ETH/BTC pair has shown some strength, picking up a strong 10.42% from recent all-time lows. The duo reached a high of 0.019 BTC...
Crypto pals, crypto comrades, have you sensed it. That hopeful thrum in your heart, that possibility, oh please god, just maybe… things are finally going to be different? It’s the story of Ethereum’s frustrating subordination to Bitcoin, a requiem for what-could-have-been that’s played for too long. It’s like letting a...
Ethereum is literally back in business! It has lately rocketed through the $1,800 level after an extraordinary recovery from its April 9 nadir when it plunged temporarily under $1,400. The cryptocurrency is still trading in the $1,790 range, representing an increase of more than 10% in the past 24 hours....
The buzz is undeniable. Lightspeed Faction leads $7.5M seed funding into MagicBlock Ephemeral Rollups, a new technology that offers to combine Solana’s speed with Web2’s customizability. Real-time on-chain games, high-frequency trading – this is all very cool stuff. Wait, let’s pump the brakes for a second. As someone who's seen...
