Ethereum Price Surges Over 6% and Might Soon Test $2,000 Resistance Zone
June 22 (Cointime) - The price of Ethereum is surging above $1,850 against the US Dollar, following Bitcoin's rally and may soon test the $2,000 resistance zone. It is currently trading above the 100-hourly Simple Moving Average and there is a key bullish trend line forming with support near $1,890 on the hourly chart of ETH/USD.
The Connection Between Ethereum Co-Founder Vitalik Buterin and Shanghai Wanxiang Blockchain Draws Scrutiny Amid Prometheum's SEC Compliance
June 21 (Cointime) - The connection between Ethereum co-founder Vitalik Buterin and Wanxiang Blockchain Labs has recently gained attention due to the scrutiny of Prometheum's regulatory compliance. Buterin has a history with Wanxiang, as the non-profit organization purchased $500,000 worth of Ethereum in 2015 to help pay developers. Buterin was also listed as the Chief Scientist for Wanxiang Blockchain Labs during Blockchain Week 2016. Prometheum had a strategic partnership with Shanghai Wanxiang Blockchain, but terminated the agreement in 2021 after joint development was deemed unviable.
Galaxy Digital CEO Mike Novogratz Denies Insider Trading Allegations in Response to XRP Community Member's Claims
June 21 (Cointime) - Mike Novogratz, CEO of Galaxy Digital, has confirmed that he has been an investor in Ripple since its inception and has not sold his shares in the past decade. This statement was made in response to allegations from a prominent member of the XRP community that Novogratz had insider knowledge of SEC regulations.
Polygon Introduces AI Interface To Aid Developers Building Decentralized Apps on Its Network
June 21 (Cointime) - Polygon, a scaling solution for Ethereum, has launched an artificial intelligence interface called Polygon Copilot, powered by OpenAI's ChatGPT.
Former Facebook Executive Diego Oliva Appointed as CEO of Starknet Foundation
June 21 (Cointime) - Diego Oliva, a former Facebook executive, has been appointed as the first CEO of the Starknet Foundation, which oversees the widely used Layer 2 scaling network for Ethereum.
NFT Sales in June See 11.60% Increase to $146 Million, Ethereum Dominates Market
June 21 (Cointime) - Sales in the NFT market have increased by 11.60% this week, reaching a total of $146 million, despite a slight drop in transactions. The number of individual NFT buyers has also increased by 95.20% over the past seven days, equating to 664,096 buyers.
Vitalik Buterin Proposes Asset/Keystore Separation to Enhance Ethereum's Cross-Layer Interoperability
June 21 (Cointime) - Vitalik Buterin, co-founder of Ethereum, has written an article discussing the technical challenges of improving interoperability between Ethereum Layer 1 and Layer 2 solutions.
Ethereum's Price Surges 4.8% in 24 Hours Amid Market-Wide Recovery and Institutional Investment Influx
June 21 (Cointime) - In the past 24 hours, Ethereum's value has risen by 4.8%, following a market-wide recovery led by Bitcoin, which saw a surge of over 7%.
Crypto Market Records Gains as Bitcoin Jumps Above $28K
June 21 (Cointime) - Most cryptocurrencies have seen gains in today's market session, with the global market cap rising by 5.4% to $1.13T. Bitcoin has surged by 7.2% to trade at $28.8K, with a weekly gain of 11%.
Bored Ape Creator's 'HV-MTL Forge' Mech Game Revealed
June 21 (Cointime) - Yuga Labs, the creator of the Bored Ape Yacht Club, is launching a workshop-building game called HV-MTL Forge on June 29. The game revolves around HV-MTL robot NFTs, which were swapped for Sewer Pass NFTs back in March.
