Ethereum (ETH)

As predicted, the FOMC-mandated 75 bps rise negatively impacted traditional and cryptocurrency markets. Ethereum (ETH) dived 13%, dropping towards the $1200 level, recording its lowest level since mid-July. Technical Analysis By Grizzly The Daily Chart ETH is currently trading amid a critical support zone between $1230 and $1280 (in green), along with the 0.618 Fib Retracement level at $1210 (in yellow). After reaching this Fib level, ETH quickly climbed back by 6% earlier...

Many new ideas have just come onto the market in recent years. There have been both very innovative and truly revolutionary ideas. This has changed the market and some novelties have even triggered a real hype. These include bitcoin casinos, among others. Online casinos have been enjoying a steady rise in popularity for a long time. However, with each innovation, they experience even more hype. The cryptocurrencies like Bitcoin and Ethereum have caused major changes in...

[PRESS RELEASE – Majuro, Marshall Islands, 21st September 2022] What’s better than low fees? No fees. Gate.io is excited to announce ZERO trading fees on most spot and contract market trading pairs. The no-fee structure was launched in two phases, first on September 16 (UTC) and then on September 20 (UTC), for spot and other markets, respectively. After a breakthrough year for the exchange, this radical change in fees is an ambitious move to give back to the crypto community....

Im November 2021 hatte der Markt fast die Marke von drei Billionen erreicht. Seitdem ging es jedoch steil bergab. In den letzten Tagen ging es sogar unter eine Billionen US-Dollar, so dass der Markt in weniger als einem Jahr zwei Drittel seines Gesamtwertes verloren hat. Crypto News: Cryptomarkt verliert zwei Drittel seiner MarktkapitalisierungFür Bitcoin ging es im selben Zeitraum sogar etwas mehr als zwei Drittel nach unten. Dies zeigt wieder einmal, dass Bitcoin King ist und den Markt...

Litecoin started a fresh decline from well above the $58 zone against the US Dollar. LTC price is now trading below $55 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $53.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent upward move if it clears the $54 and $55 levels. Litecoin price is struggling below $55 against the US Dollar, similar to bitcoin. LTC price...

The authorities of Colorado announced that state residents can now pay their taxes in cryptocurrencies instead of fiat. Among the supported digital assets are the two biggest by market capitalization – Bitcoin (BTC) and Ether (ETH). Still, Colorado’s Revenue Department is not allowed to accept direct crypto payments, which is why it partnered with PayPal, which will help with the transactions. Colorado’s Pioneering Move The State’s officials disclosed that Colorado residents...

Ethereum layer-2 protocol Boba Network has announced the launch of its L2 scaling and augmenting solution on the Avalanche blockchain.  In a press release shared with CryptoPotato on Wednesday, Boba noted that the latest integration with Avalanche would further boost its status as a leading L2 scaling solution and provide developers network with a new low-cost ecosystem to build dApps. Avalanche Developers to Leverage Boba’s Hybrid Compute The integration allows Avalanche...

21Shares launches Short Ethereum ETP and Ethereum Core ETP After the successful Ethereum Merge 21Shares launches two new products – the 21Shares Short Ethereum ETP (SHETH) and the 21Shares Ethereum Core ETP (CETH) as part of the company’s Crypto Winter Suite – a set of products designed for the bear market. Eliézer Ndinga, Director of Research at 21Shares comments on the Ethereum Merge: “The Merge is arguably one of the most positive developments in...

The United States Securities Exchange Commission (SEC) has filed a lawsuit against prominent crypto influencer, investor, and entrepreneur Ian Ballina over an initial coin offering (ICO) dating back to 2018. The SEC accused Ballina purchased $5 million worth of SPRK tokens from Sparkster Ltd. and received 30% bonus tokens before he started promoting it on social media. He did not disclose that he was given an incentive to promote the ICO, the regulator has charged in its...

Ethereum co-founder Vitalik Buterin published a lengthy blog post on Monday defending the usefulness of decentralized autonomous organizations (DAOs).  He outlined 3 reasons that DAOs have unique advantages compared to traditional corporations, and will not simply be outcompeted and obsoleted by the latter. Making Better Decisions A DAO is an emerging, blockchain-native, bottom-up governance structure without a centralizing hierarchy or CEO. Instead, the organization’s...