Bitcoin (BTC) continues to hold support above $40K as momentum improves on intraday charts. The cryptocurrency appears oversold, which could support buying activity into the Asia trading day. Still, upside appears limited toward $45K resistance.
The project includes a $225 million ecosystem fund and $175 million accelerator pool.
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The moves will likely increase mining efficiency and bitcoin’s adoption, which in turn should help boost the price of the cryptocurrency.
The new fund of a16z alum Katie Haun also participated in the funding round.
Bitcoin.com: Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether on Wednesday is $0.25 per transaction using
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Kavita Gupta said in an expanded version of a Dec. 31 complaint that ConsenSys AG had created a “toxic” work environment and demanded $30 million in monetary damages.
Alphabet’s Google has hired former PayPal executive Arnold Goldberg to run its payments division, Google confirmed to CoinDesk on Wednesday. The search giant had previously retreated from a push into banking, according to Bloomberg, which first reported the news of the hire.Goldberg’s hire is part of a broader strategy for the company to incorporate a wider range of financial services, including cryptocurrencies, Google’s president of commerce, Bill Ready, told Bloomberg. Google has historically avoided offering crypto as part of its financial services.“Crypto is something we pay a lot of attention to,” Ready told Bloomberg. “As user demand and merchant demand...
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