Play Nintendo 64 Games on Bitcoin
The article discusses the Pizza Ninjas project’s success in inscribing a Nintendo 64 (N64) emulator onto the Bitcoin blockchain, following their earlier achievement with a Super Nintendo Entertainment System (SNES) emulator. This innovation allows users to play N64 games in their browsers using compatible game files. The integration of the Brotli compression algorithm has significantly reduced the file sizes, making the inscription of larger systems like the N64 more feasible. The project’s efforts highlight advancements in game preservation and the potential for blockchain technology to host complex applications beyond simple transactions.
Source: Decrypt
Two Key Factors That May Propel Bitcoin to Surpass $69K Pre-Halving
The article outlines two main reasons why Bitcoin might reach or surpass its record high of $69,000 before the upcoming halving event on April 19. Firstly, historical data shows that Bitcoin typically experiences over a 30% increase in the eight weeks leading up to its halving. Secondly, the article discusses the significance of Bitcoin’s Relative Strength Index (RSI) crossing above 80, a signal historically associated with substantial gains over 60 days. These factors, combined with strong inflows into U.S.-based spot exchange-traded funds (ETFs) and a supportive macroeconomic environment, suggest a bullish outlook for Bitcoin’s price.
Source: Coindesk
Ethereum Sees Major Investment: Whale’s $185.5 Million Purchase Highlights Market Optimism
A crypto whale, identified as 0x7a9, bought Ethereum (ETH) worth $185.5 million over three days, signaling strong market confidence. This strategic purchase has sparked discussions about Ethereum’s price potential, especially with upcoming upgrades and the possibility of an Ethereum ETF approval. Analysts, including Michaël van de Poppe and Skew, express a bullish outlook, highlighting Ethereum’s resilience and growth potential. Key factors like the Dencun upgrade and potential ETF approval are seen as catalysts for further price increases.
Source: Beincrypto