News list for "skew"
Mitchell Askew, principal analyst at mining firm Blockware, said that deficit spending and lower interest rates are driving higher global liquidity, while investors are concerned about a prolonged period of high inflation, as evidenced by the poor performance of government bonds since the September interest rate cut. As a result, investors are turning to the bitcoin market, while bitcoin mining stocks are trading in a "beta" state. Askew added that some bitcoin miners are also benefiting from di...
Skew traders said that the bull market appears to be in good shape at the moment, and the weekly close is crucial. $65,000 should be used as support to allow the bulls to maintain control. If buying pressure is strong at the beginning of the week, the next target is $70,000-80,000, and the RSI signal suggests more upside.
Ronin, the gaming blockchain, has announced the upcoming launch of Ronin zkEVM, a zero-knowledge (ZK) Ethereum Virtual Machine (EVM) Layer 2 chain built using the Sky Mavis Modified Polygon Chain Development Kit (CDK). Additionally, the team plans to incorporate a fixed Polygon ZK prover into Ronin, allowing game studios to build their own zkEVM blockchains without having to establish their own security and consensus.
