Litecoin is holding the key support at $70.00 against the US Dollar. LTC price is now trading below $75.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $74.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $74.50 and $75.00 resistance levels. Litecoin price is recovering from the $70.00 zone against the US Dollar, like Bitcoin....
Read More »Coinbase Unveils Project Diamond for Institutional Asset Management
Coinbase and Coinbase Asset Management have introduced “Project Diamond,” a platform powered by smart contracts. This new system aims to enable institutions by facilitating the seamless creation, administration, purchase, and sale of various digitally native assets directly on the blockchain. “Project Diamond” According to the official announcement, Coinbase Asset Management has specified that the initial application of Project Diamond will be restricted to registered...
Read More »ABOND Token Launch: A New Chapter for DeFi
[PRESS RELEASE – Great Cayman, Cayman Islands, December 13th, 2023] The launch of ABOND marks a significant milestone for ApeBond, especially following its transformation from ApeSwap. This strategic pivot from primarily being a DEX to focusing on bonding mechanisms aligns with our vision for a sustainable DeFi future. ApeBond has been working on Bonds since early 2022, and aims to become the #1 bonding protocol in DeFi ever. As a testament to this, ApeBond’s team was...
Read More »Coinbase Expands Global Presence, Offering Spot Crypto Trading Beyond US
Coinbase Global Inc. is expanding its services by introducing spot crypto trading on its international exchange as part of a global expansion strategy to cater to users with reservations about U.S.-based platforms. Although Coinbase’s stock has experienced substantial growth this year, currently valued at approximately $140 per share, it is still a long way from its peak at over $300 in 2021. Coinbase International Expands Offerings Institutional investors now have the...
Read More »Coop bietet neu Krypto-Gutscheinkarten von Cryptonow an
Coop bietet neu Krypto-Gutscheinkarten von Cryptonow an. Coop hat neu die Krypto-Gutscheinkarten von Cryptonow ins Sortiment aufgenommen. Damit ist Coop die erste grosse Schweizer Detailhändlerin, die ihrer Kundschaft den Kauf von Kryptowährungen ermöglicht. Simon Grylka, CEO der Cryptonow Group AG, betont die Bedeutung dieser Partnerschaft: „Unsere Mission ist es, Kryptowährungen für alle einfach und sicher zugänglich zu machen. Die Zusammenarbeit...
Read More »Kryptos im Aufwind: Über 500 Millionen US-Dollar in Krypto- und Blockchain-Produkten von VanEck
VanEck Digital-Assets-Produkte überschreiten halbe Milliarde verwaltetes Vermögen. Nachdem der Markt für Kryptowährungen im vergangenen Jahr einige Tiefen durchlaufen hatte, hat die Nachfrage nach Investitionsmöglichkeiten in den gesamten Blockchain- und Krypto-Bereich zuletzt wieder zugenommen. So haben die Digital-Assets-Produkte des Vermögensverwalters VanEck mittlerweile ein verwaltetes Vermögen von insgesamt mehr als einer halben Milliarde...
Read More »Solana (SOL) With an Impressive Achievement Against Ethereum
TL;DR Solana’s Price Increase: SOL’s price surged to nearly $75 recently, a peak last seen in May 2022, and currently stands at about $71. NFT Sales Volume Growth: Solana briefly outperformed Ethereum in NFT sales volume growth, with a significant 53% weekly increase. Bonk Inu’s Exceptional Performance: The Solana-based memecoin, Bonk Inu, saw a 400% rise in its price, outstripping other popular memecoins. SOL Performing Better Than ETH in This Aspect The sixth largest...
Read More »Ethereum Price Analysis: ETH Holds Key Uptrend Support
Ethereum price started a downside correction from the $2,400 resistance against the US Dollar. ETH price is now trading below $2,300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $2,195 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $2,100 support zone. Ethereum price is declining below $2,300 against the US Dollar. ETH/USD remains at a risk of more...
Read More »Bitcoin Maintains Investor Interest with $20 Million Inflows, YTD Total Hits $1.7 Billion: CoinShares
Investment products related to digital assets experienced inflows amounting to $43 million last seven-day period, marking the 11th consecutive week of such positive movements. However, this figure represents a noticeable decrease compared to previous weeks. According to CoinShare’s latest report, the recent rise in prices has prompted a significant influx into short positions, as some investors perceive potential downward price movement. The digital asset manager found that...
Read More »Solana Price Drops Under $70, Watch Out These Key Support Levels for SOL
Solana’s network activity has surged significantly and the current drop in the SOL price could be short-lived leading to a trend reversal soon. Amid strong sell-off in the broader cryptocurrency market, Ethereum Layer-1 competitor Solana is also facing some selling pressure. In the last 24 hours, the Solana (SOL) price has tanked by over 3% slipping under $70. SOL is trading nearly 10% down from its 2023 peak attained last week, however, it still maintains 13% gains on the weekly charts....
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