EOS price is recovering higher from the $0.650 support zone against the US Dollar. The price is now trading near $0.682 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.688 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it climbs above the $0.688 and $0.700 resistance levels. EOS price is recovering above $0.670 against the US Dollar, like...
Read More »21Shares feiert 5-Jahr-Jubiläum mit bemerkenswerter Expansion und beispiellosem Wachstum
21Shares, 2018 von Ophelia Snyder und Hany Rashwan gegründet, begab sich auf eine Mission, Krypto-Anlagen für alle zugänglich zu machen. Die Reise des Krypto-Pioniers startete in der Schweiz an der SIX Swiss Exchange in Zürich. Heute steht das Unternehmen als weltweit grösster Anbieter von Krypto-Exchange-Traded Products (ETPs) da und bietet über 30 Produkte an, die auf Dutzenden von globalen Börsen handelbar sind. Was 21Shares auszeichnet, ist nicht nur die Diversität seiner Produkte,...
Read More »Das Potential von Stellar Lumens
Stellar Lumens (XLM) ist eine Kryptowährung und ein dezentrales Protokoll mit dem Fokus auf effizienten und kostengünstigen Währungstransfers. Es wurde entwickelt, um eine Brücke zwischen verschiedenen Währungen zu schlagen und eine schnelle sowie nahezu kostenfreie Übertragung von Geldern zu ermöglichen. Ein wesentliches Merkmal von Stellar Lumens ist seine Fähigkeit, sowohl Fiat- als auch Kryptowährungen zu unterstützen. Dies macht es besonders...
Read More »Litecoin (LTC) Price Analysis: Bulls Attempt Fresh Increase To $75
Litecoin is holding the key support at $65.00 against the US Dollar. LTC price is now trading above $68.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $70.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $70.50 and $72.20 resistance levels. Litecoin price is recovering from the $65.00 zone against the US Dollar, like Bitcoin....
Read More »Binance Retains Leading Position Among Crypto Exchanges Despite DOJ Fiasco
TL;DR Despite recent troubles, including a $4.3 billion fine settlement with the US DOJ and a leadership change with CEO Changpeng Zhao resigning, Binance maintains its position as a leading cryptocurrency exchange with a market share of almost 50%. Binance’s market share briefly dropped to nearly 40% following these regulatory issues, but the exchange continues to dominate among 23 other marketplaces. Binance recently decided to delist four cryptocurrencies, including...
Read More »Velodrome and Aerodrome DEXs Face Frontend Attacks
Velodrome, the second-largest DEX on the Optimism network, and its fork, Aerodrome, the leading DEX on Base, have reported a compromise in their respective frontend systems. Following the incident, both platforms urged users through their social media channels to refrain from interacting with their platforms for the time being. Velodrome and Aerodrome Urge Caution Amid Security Breaches “Our frontend is currently compromised. Please do not interact with Velodrome for the time...
Read More »SEC Calls for Public Input on Franklin Templeton and Hashdex Bitcoin ETFs
The United States Securities and Exchange Commission (SEC) has outlined the next steps in evaluating the proposed Franklin Templeton and Hashdex spot Bitcoin exchange-traded fund (ETF) applications. Observers speculate that the SEC’s actions may set the groundwork for potential approvals of spot Bitcoin ETFs in early January 2024, following earlier delayed decisions on applications from two potential issuers. SEC Seeks Public Comments A filing on November 28 reveals that the...
Read More »Cross-Chain Protocol Wormhole Secures $225M in Funding, Now Valued at $2.5B
The investment round was accompanied by the launch of Wormhole Labs, an independent technology company “emerging from stealth to become a core contributor to Wormhole.” Wormhole, a blockchain protocol designed to address the interoperability challenges of pioneer blockchain networks such as Bitcoin and Ethereum, has secured $225 million in funding, propelling the company’s total valuation to a new high of $2.5 billion. According to an official announcement on Wednesday, the cross-chain...
Read More »Canadians Are “Largely Opposed” To A CBDC, Says Bank Of Canada
Canadians are overwhelmingly opposed to their central bank researching and issuing a digital loonie, according to newly released survey results from the Bank of Canada. The report found that citizens and stakeholders are worried that the technology could violate their financial privacy, and wouldn’t be their payment method of choice compared to existing options. Why Canadians Don’t Like CBDCs Released on Wednesday, the report dissected results from a public consultation on...
Read More »This Hasn’t Happened to Bitcoin (BTC) in Six Years
TL;DR Bitcoin (BTC) has risen above $38,000 as BTC’s supply on exchanges drops to 5.38%, the lowest since December 2017, amid declining trust in exchanges following events like FTX’s collapse and Binance’s legal troubles. The trend towards BTC self-custody is seen as bullish, contributing to Bitcoin’s significant rally of 130% since the year’s start. Analyst PlanB forecasts Bitcoin reaching $65,000 after the 2024 halving and soaring to $524,000 by 2027, anticipating a more...
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