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Ethereum Price Analysis: ETH At Risk of Downside Break

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is gaining bearish momentum below the $1,885 resistance against the US Dollar. ETH price is now trading below $1,885 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $1,885 on the 4-hour chart (data feed from Coinbase). The pair could...

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Bitcoin’s Fees Explode Amid BRC-20 Memecoin Mania, Miners Benefit

Bitcoin’s blockchain was flooded with volume over the weekend by transactions involving so-called “BRC-20” Ordinals – an emergent standard for issuing fungible tokens on Bitcoin.   The surge caused network fees to skyrocket to the point where transaction fee revenue for miners briefly surpassed the natural block subsidy for the first time since 2017.  Meme Tokens on Bitcoin According to data from Dune Analytics, over 3.7 million BRC-20 Ordinals transactions have already...

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OKX Expands its Global Reach With a Turkish Office

One of the leading cryptocurrency exchanges – OKX – intends to open an office in Türkiye in the following months. The company has already interacted with the Turkish market, launching direct deposits and withdrawals in the country’s official currency – TRY. It also put its name among the numerous crypto platforms that sent aid packages to the nation when a devastating earthquake hit it in February. Another Expansion Step OKX’s President – Hong Fang – said the exchange has...

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Liechtenstein Could Embrace Bitcoin as a Payment Method for Gvmt Services, Says PM

The Prime Minister of Liechtenstein – Daniel Risch – said the local lawmakers plan to enable bitcoin payments for various government services. However, he did not disclose whether the country will adopt the primary cryptocurrency as a legal tender.  Another country that has turned its focus toward BTC is Liechtenstein’s western neighbor – Switzerland – and, more specifically, the city of Lugano. The domestic authorities have developed an infrastructure to make Bitcoin,...

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Coinbase CEO: US SEC is Acting Alone in its Crypto Regulation Efforts

Brian Armstrong, the co-founder and CEO of leading American cryptocurrency exchange Coinbase, believes the U.S. Securities and Exchange Commission (SEC) is on a lone crusade in the push for regulatory clarity in the country, as the agency’s stance on the matter is different from that of Congress and other federal regulators. During a Monday interview with CNBC, the CEO insisted that SEC chair Gary Gensler is attempting to regulate the American digital asset industry from an...

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Not Everyone Is Convinced Bitcoin Is Moving in the Right Direction

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin has soared following the bank crisis that occurred earlier in the year, but many analysts – despite clear evidence that the world’s number one digital currency has risen exponentially – don’t think the asset is moving in the right direction or think it’s doing as well as so many of their peers believe....

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The Web3.Conference Will Gather Web3 Builders and Creators this May in Amsterdam

[PRESS RELEASE – Amsterdam, Netherlands, May 8th, 2023] The Web3.Conference is the premier event to guide you around the fascinating world of Web3. Participants can explore, learn, network, and gain insights into the latest trends and use cases emerging within this new internet standard. With a lineup of famous speakers, industry leaders, marketers, developers, investors, and entrepreneurs, the conference promises a day packed with insightful talks and networking. Key topics...

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Ripple to Expand to Dubai, Says CEO Brad Garlinghouse

Ripple is opening an office in the heart of Dubai International Financial Centre (DIFC) and acquiring Swell Global 2023. Ripple, one of the most popular cryptocurrency firms, has announced its expansion in other countries. The company is all set to expand to Dubai, according to Chief Executive Officer Brad Garlinghouse. Garlinghouse also disclosed the development at the Dubai Fintech Summit that is happening today and talked passionately about the customer base in the Middle East....

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Immutable Launches Decentralized Blockchain Payment Solution for Digital Goods

Immutable Checkout boasts a one-stop-shop payment solution for digital products like in-game items and NFTs.  Immutable has introduced a new payment solution for decentralized games and the Web3 marketplace. Reports state that the blockchain gaming firm’s new scheme promises to make payments more seamless and straightforward. The consensus is that the solution, called Immutable Checkout, will also revolutionize online transactions involving digital goods. This will happen because the...

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NFT Traders Sell BAYC Below Floor Price to Buy PEPE

Certain traders have recently sold NFTs part of the Bored Ape Yacht Collection (BAYC) at a discount to invest in the now-trending memecoin – PEPE. The asset has been among the best performers in the crypto market lately, as its price has surged by over 600% over the last two weeks before cooling off in the past 24 hours. Shifting From NFTs to PEPE The popular Twitter user Cirrus revealed recently that some traders had sold 14 BAYC NFTs below their floor price during the...

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