Australian project

Australian project money talks

Non-fungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the cu...
12/03/2022

Non-fungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the current bearish conditions have spared few tokens from a price collapse.

One project that is attempting to get back on solid footing is Immutable X (IMX), an NFT-focused layer-2 (L2) scaling solution for the Ethereum (ETH) network designed to offer near-instant transactions and zero gas fees for minting and trading.

IMX/USDT 4-hour chart. Source: TradingView
OpenSea monthly volume on Ethereum. Source: Dune Analytics
VORTECS™ Score (green) vs. IMX price. Source: Cointelegraph Markets Pro

Layer-2 Ethereum scaling solution Polygon has not produced a new block for over 11 hours, with developers attributing th...
12/03/2022

Layer-2 Ethereum scaling solution Polygon has not produced a new block for over 11 hours, with developers attributing the issue to a technical upgrade on the network.

On Thursday at 4:20 pm UTC, Polygon network developers notified users on the project’s forum that there would likely be downtime starting at about 5:50 pm UTC due to maintenance required on one of the network’s three layers. A recent upgrade is thought to have caused an error in the network’s ability to achieve consensus.

A network outage on Polygon has lasted for 11 hours.

Bitcoin Bitcoin 39,219.0+174.0 (+0.45%)06:09:08 - Real-time DataLoadingTechnical Summary5 Min:Strong BuyHourly:Strong ...
12/03/2022

Bitcoin Bitcoin
39,219.0+174.0 (+0.45%)
06:09:08 - Real-time Data
Loading
Technical Summary

5 Min:Strong Buy
Hourly:Strong Buy
Daily:Strong Sell
Monthly:Buy
What is your sentiment on Bitcoin?
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(BTC) could be seeing renewed interest from big buyers as data shows large tranches of coins leaving major exchange Coinbase (NASDAQ:COIN).

As shown by monitoring resources including Whale Alert and CryptoQuant on March 11, an unknown wallet has received almost 30,000 BTC from the United States platform.

Coinbase Pro Bitcoin reserves chart. Source: CryptoQuant
Bitcoin exchange reserves chart. Source: CryptoQuant
Bitcoin Accumulation Trend Score. Source: Glassnode
Google (NASDAQ:GOOGL) search data for "Bitcoin" (screenshot). Source: Google Trends

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NSW2000

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