Crypto news

Decentralized blockchain network Internet Computer Protocol (ICP) has successfully implemented threshold-Schnorr signatures to harness the potential of Bitcoin-based decentralized finance (DeFi) and web3. According to a release seen by CryptoPotato, the new cryptographic signature scheme will enable ICP smart contracts to etch the Bitcoin token standard, Runes, and trade BRC-20 tokens. Implementing Threshold-Schnorr Signatures Threshold-Schnorr is a digital signature scheme...

TL;DR Ethereum (ETH) leads in a particular ranking following the approval of Ethereum ETFs in Hong Kong. Despite this success, the asset’s price has recently declined by 5% in 24 hours and 15% weekly, with analysts indicating critical levels for potential recovery in its value. ETH Ranks First The market intelligence platform Santiment revealed that Ethereum (ETH) has garnered much attention lately, experiencing the fastest rise in discussion rate in the crypto community....

ADA price is trading in a bearish zone below the $0.520 support zone against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.4940 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.520 resistance zone. Cardano price is struggling below $0.520 against the US Dollar, like Bitcoin. ADA...

Ethereum price is struggling below the $3,400 resistance against the US Dollar. ETH price is now trading below $3,320 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $3,200 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $3,200 and $3,320. Ethereum price is declining below $3,400 against the US Dollar. ETH/USD remains at a risk of more downsides if it...

Landesbank Baden-Württemberg (LBBW) – Germany’s largest federal bank – is poised to offer digital asset custody services and has teamed up with the crypto exchange Bitpanda. The main goal is to meet the increasing demand for digital asset management among institutional and corporate clients and it is scheduled for release in the latter half of 2024. According to the official announcement, LBBW will leverage Bitpanda Technology Solution’s advanced “Investment-as-a-Service”...

The crypto sleuth ZachXBT has warned about a group of scammers who are attempting to lure more victims by using millions in stolen funds in a new scheme. The investigation found that the same group who stole from projects like Magnate, Kokomo, Lendora, and Solfire is now back with a new project on Blast, Leaper Finance. Multi-Million Dollar Rug Pull Scam Network According to ZachXBT’s findings disclosed in a thread on X, the group has a history of executing rug pulls and is...

Binance executive Nadeem Anjarwalla is facing extradition from Kenya following his escape from custody in Nigeria. He was spotted after a manhunt was launched from Nigeria that led the authorities to Kenya, where his whereabouts were discovered. Binance Executive Set to Be Extradited According to a local report, the Nigerian government is working on extraditing Anjarwalla back to Nigeria in collaboration with Interpol and Kenyan authorities. The Binance executive will face...

Bitcoin’s price may be due for another correction despite a strong recovery from its weekend dump to $61,000, according to analysts at CryptoQuant. In a community “quicktake” posted on Monday, Bitcoin and Ethereum trader GAAH noted that the prevailing bullish market sentiment may be getting too hot based on information from the perpetual futures market. Is Bitcoin Still Overheated? As the analyst noted, average 30-dy funding rates remain high for Bitcoin, even after its...

Der Kick-off zum grössten Innovationswettbewerb der Schweiz wurde live im Auditorium des Tagungs- und Eventcenters (TEC) im Haus der Wirtschaft (HDW) aufgenommen und an alle Beteiligten ausgestrahlt. Innovative Unternehmen können sich noch bis zum 30. April 2024 zur Swiss Innovation Challenge (SIC) anmelden. Der Startschuss zur Swiss Innovation Challenge 2024 ist gefallen: Rund 100 Teilnehmende wurden mit einem Video zum Kick-off-Event aus dem Auditorium im HDW über die 10. Durchführung des...

Bitcoin (BTC) could be worth $91,000 at the bottom of the bear market and $650,000 at the top of the bull cycle upon the full deployment of the cryptocurrency’s exchange-traded funds (ETFs) in the coming years. According to a tweet by Bitcoin analyst Willy Woo, the digital asset can achieve these price targets if investors fully deploy Bitcoin ETFs according to the recommendations of asset management firms. Bitcoin’s New Price Targets To substantiate his claim, the Bitcoin...