Ethereum (ETH)

Shiba Inu has shared yet another announcement with its community. The ecosystem’s marketing strategist took it to Twitter (now known as X) to reveal that the SHIB Doggy DAO has partnered with a leading digital asset advisory and investment firm. Source: XSHIB Doggy DAO Shakes Hands with ATH The new partnership is struck between Alpha Transform Holdings (ATH) and SHIB Doggy DAO. The latter is the decentralized autonomous organization that’s governed by holders of the SHIB...

Ethereum price is struggling to climb above the $1,880 resistance against the US Dollar. ETH price is now trading below $1,860 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,850 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $1,835 support zone. Ethereum price is declining below $1,850 against the US Dollar. ETH/USD remains at a risk of more...

Chainlink has expanded its integrations to a total of 12 by tapping the Coinbase-incubated layer-2 network Base. According to a recent update, Base joins the likes of Ethereum, Arbitrum, Avalanche, BNB Chain, and Polygon, among other projects. The decentralized oracle network had first announced implementing its price feeds into Base a day before the latter’s mainnet launch. The integration essentially enabled developers building on the layer-2 blockchain to access Chainlink...

Crypto fund inflows are running positive again after a three-week lull period, with the vast majority of capital rushing into Bitcoin (BTC). The renewed interest follows the release of inflation figures for July, which came in slightly better than expectations. Bitcoin Funds Back In Profit According to CoinShares’ weekly digital asset flows report, inflows to crypto funds totaled $28.5 million last week, with $27 million heading into Bitcoin. This follows a three-week period...

The crypto market continues to struggle, with Bitcoin trading sideways near the $29,300 price level and major altcoins like Ethereum and Solana adopting a slightly bearish stance. The bull rally in major meme coins has come to a halt as well – both Dogecoin and Shiba Inu are seeing selling pressure in the daily time frame, correcting 2.2% and 1% respectively. Pepe coin has also been unable to carry its bullish momentum and is facing a crucial resistance at $0.14....

[unable to retrieve full-text content]CoinspeakerPayPal Unveils Cryptocurrencies Hub Following PYUSD Stablecoin Launch While PayPal's new crypto service allows users to explore the crypto industry, access to this innovative feature has been restricted in certain jurisdictions and for specific individuals. PayPal Unveils Cryptocurrencies Hub Following PYUSD Stablecoin Launch

Singapore Red Cross – a humanitarian aid and community services charity in the Asian city-state – allowed people to contribute to its cause via donations in digital currencies. The option became possible after a partnership between the organization and the crypto payment gateway Triple-A. ‘Coin a new Way to Give Today’ The charity entity revealed that individuals willing to make such donations can set an amount in fiat, and the system will automatically convert the sum into...

Cryptocurrency company Voyager has reportedly transferred a significant portion of its holdings to Coinbase as part of its bankruptcy proceedings. The transferred assets include 1,500 $ETH, valued at approximately $2.77 million, and 250 billion $SHIB, worth around $2.7 million, bringing the total to approximately $5.5 million. Overall, $81.63 million worth of cryptocurrency has been identified in Voyager addresses, according to data from ArkhamIntel. The company is...

Donald Trump’s latest public financial disclosure shows that he holds between $250,000 and $500,000 worth of Ethereum (ETH). Trump’s 2023 OGE financial disclosure documents, released recently, featured an item described as a “Cryptocurrency Wallet (Ethereum),” whose value the former President placed between $250,000 and $500,000. The content of the crypto wallet is likely tied to the sale of non-fungible tokens (NFTs) he launched in December 2022 after exiting the White...

However, fundamentals for the asset and network are as strong as ever. On Aug. 11, crypto industry and DeFi analyst Miles Deutscher highlighted some of Ethereum’s bullish fundamentals. “It’s hard not to be ridiculously bullish on Ethereum,” he said. Ethereum Fundamentals Strong Firstly, some of the world’s largest companies, such as PayPal, have chosen Ethereum to launch their products. Earlier this week, Ethereum advocate Ryan Sean Adams said the network is “becoming the...