Ethereum (ETH)

The trouble surrounding Silvergate is getting even bigger. So big, in fact, that the prices of many leading digital currencies – including bitcoin and Ethereum – took serious dips during the early weeks of March. Silvergate Crash Causes Crypto Assets to Sink Bitcoin, for example, fell from about $22,300 to just over $20,000 after news emerged that Silvergate was planning to shut down completely. The company said it will wind down all operations and liquidate the assets...

The launchpad will allow Magic Eden to seamlessly onboard creators to the ecosystem and thus easily facilitate the creation of tokens on the Bitcoin network.  On Thursday, April 6, NFT marketplace Magic Eden said that it would be rolling out the creators’ launchpad for Ordinals. Thus, it will help creators to successfully inscribe their Bitcoin-based NFT collections. Similar to NFTs on Ethereum and other blockchain networks, the Ordinals protocol allows inscribing of digital assets on...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum continued to move up this week and managed to book a 3.5% price increase. In the process, ETH broke the key resistance at $1,800, which is now acting as support. The next resistance is found at $2,000, and it represents a major psychological level that will likely attract sellers and profit-takers. Momentum continues to favor buyers at this time, but it’s best to...

Litecoin started a steady increase above $88 against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $90.45 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $92 and $95 resistance levels. Litecoin price is showing positive signs above $88 against the US Dollar, similar to Bitcoin. LTC price...

In a podcast, the Coinbase Institutional team delved into bullish and bearish scenarios for Ethereum and Bitcoin as ‘Shapella’ approaches.  Ahead of the Ethereum Shapella Upgrade, Coinbase Institutional weighed in on the mainnet upgrade’s potential impact on Ether and Bitcoin (BTC). In a YouTube podcast, the team provided insight into whether April 12th’s much-anticipated upgrade would further spur the ongoing crypto rally. The Coinbase Institutional team also discussed the bear market...

InCore Bank will offer Ethereum (ETH) staking to their clients using SDX Web3 services. ETH staking will become an important yield opportunity when the upcoming Shapella Release is implemented as this will enable the withdrawal of ETH coins that are allocated to staking. InCore Bank can now offer Ethereum staking capabilities that are fully compliant with Know-Your-Client (KYC) and Anti-Money-Laundering (AML) regulations to their clients. In this collaboration, InCore Bank provides crypto...

Ethereum price is moving higher above the $1,800 resistance against the US Dollar. ETH price is now trading above $1,800 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $1,830 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,800 support zone. Ethereum price is consolidating above the $1,830 level against the US Dollar. ETH/USD could rise further if it clears the...

Ethereum’s price has finally broken above a key resistance level and continues to rally higher. However, the RSI is presently demonstrating some warning signals. Technical Analysis By: Edris The Daily Chart On the daily chart, the price is finally clearing the broken $1800 resistance level, following multiple retests. The higher boundary of the large symmetrical triangle has also provided support for the price, pushing it back higher above the $1800 level earlier last week....

Like many stablecoins, BTG Dol token is also pegged to the US dollar. Latin America’s biggest investment bank, BTG Pactual, has just announced the launch of its own stablecoin – BTG Dol. According to an official statement from the bank, the stablecoin will run on the Polygon network and is already available to clients. The bank’s choice of blockchain network does not exactly come as a surprise though. This is considering that Polygon is compatible with Ethereum and backs several major...

PostFinance partners with Sygnum Bank to offer cryptocurrencies PostFinance, eines der führenden Finanzinstitute und die grösste Retailbank der Schweiz, schliesst eine Partnerschaft mit Sygnum, der weltweit ersten Bank für digitale Vermögenswerte. Ziel ist es, den Kunden eine Reihe von regulierten Bankdienstleistungen für digitale Vermögenswerte über die B2B-Bankplattform von Sygnum anzubieten. Die Partnerschaft von PostFinance mit der Sygnum Bank...