Bitcoin-friendly Republican candidate JD Vance wins Ohio Senate primary

JD Vance has won the Ohio Republican Senate primary election, making him the GOP’s candidate in the highly anticipated Senate race against Democrat Tim Ryan in which both parties are trotting out crypto-friendly candidates. The Guardian reported that Vance may have been pushed to victory on Tuesday by a last-minute endorsement from former President Donald Trump on Apr. 23, helping him beat out presumed front-runner, the former state treasurer Josh Mandel. Both Vance and Mandel are crypto supporters, with Mandel famously tweeting “Ohio must be a pro-God, pro-family, pro-Bitcoin state.”.…

Ethereum Prints Bearish Technical Pattern, Why ETH Could Resume Downtrend

Ethereum broke the $2,820 support to enter a bearish zone against the US Dollar. ETH remains at a risk of more downsides below the $2,740 level. Ethereum started a fresh decline after it failed to clear the $2,880 zone. The price is now trading below $2,820 and the 100 hourly simple moving average. There was a break below a key rising channel with support near $2,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,800 and $2,820 resistance levels to start a recovery…

Bitcoin Price Technical Indicators Suggest Break Below $37K

Bitcoin is facing resistance near $38,200 against the US Dollar. BTC remains at a risk of more downsides unless there is a move above the $39,000 resistance. Bitcoin is facing a major resistance near the $38,200 and $39,000 levels. The price is now trading below $38,500 and the 100 hourly simple moving average. There is a key bearish trend line with resistance near $38,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $38,350 and $38,800 resistance levels to start a steady…

L2 transaction fees need to be under 5c to be ‘truly acceptable’

Ethereum (ETH) co-founder Vitalik Buterin believes that Layer-2 transaction fees need to be under $0.05 to be “truly acceptable.” Buterin made the latest comments in response to a Twitter post from the Bankless podcast host Ryan Sean Adams, who shared a screenshot of the average transaction fees for eight Ethereum Layer-2 platforms. The data is from L2fees.info, a website that compares the cost of Ether’s Layer-1 network in comparison to Layer-2s built on top of it. The only Layer-2 to meet Buterin’s desired transaction fee under $0.05 is the Metis…

Experts Say Ethereum Will Grow 100% To Hit $5,783 By Year-End

Ethereum remains one of the most successful cryptocurrencies in the market, although its current price does leave a lot to be desired. It has not been spared from the general market downtrend that has rocked the crypto space and has since lost its footing above $3,000, a crucial point for the digital asset. Nevertheless, it seems the future is not at all gloomy for the second-largest cryptocurrency going by reports from a Finder’s panel. Ethereum To Surge 100% A recent Finder’s panel made up of industry experts has released an…

Anmol Network Secure $1 Million in Seed Funding, Investor Group Reflects Strong Support for Mass-Adoption of Web3 Technologies

LOS ANGELES, CA / ACCESSWIRE / May 3, 2022 / Anmol Network, creator of a multichain portal into the Web3 space focused on ease of use, and accessibility, has announced today that it has closed $1 Million in seed round funding led by AU21 Capital, with strategic investment from Bitcoin.com, MEXC Global Exchange, YBB Foundation, Lotus Capital, HG Ventures, and Rob Hanneman. The round was oversubscribed. Anmol Network, Tuesday, May 3, 2022, Press release picture Closing a seed round while securing partnerships with industry leaders such as Polygon, Darwinia, Crust…