Ethereum (ETH)

While enforcement actions have been a focus for the US SEC in the crypto industry lately, some crypto exchanges are now making efforts to expand into other territories. The United States Securities and Exchange Commission (SEC) has taken a step backward by withdrawing from its decision to classify digital assets. The regulator achieved this by removing the first official definition of “digital asset” from its most recent household hedge withdrawal regulations. Notably, the SEC first...

The officials claim FTX-affiliated Alameda Research had largely repaid the $8 billion borrowed from Genesis Trading, a few weeks before the former filed for Chapter 11 bankruptcy protection. The bankrupt FTX and Alameda Research officials are stopping at nothing to recover lost funds by the former administration led by Sam Bankman-Fried (SBF). The crypto exchange under John J. Ray III, Chief Executive Officer and Chief Restructuring Officer, has sued several entities including soliciting...

Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000. On Wednesday, May 3, the US Federal Reserve announced another 25 basis points rate hike taking the US funds rate to more than 5% for the first time since 2007. In hours after the Fed announced the rate hike, Bitcoin (BTC) made a quick surge of more than 2% taking the price above $29,000. This Bitcoin price surge amid the recovery in the broader...

Litecoin settled below the $90 resistance zone against the US Dollar. LTC price is now trading below $90 and the 55 simple moving average (4 hours). There is a major contracting triangle forming with resistance near $89.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $92 resistance zone. Litecoin price is struggling below $90 against the US Dollar, similar to Bitcoin. LTC price could continue...

Amidst regulatory headwinds back home, the Winklevoss twins have doubled down their efforts to expand Gemini’s offerings to non-US residents. The new service aims to target both retail and institutional traders but will exclude users from UK and EU. Gemini Foundation – the highly anticipated non-US derivatives platform – went live on May 1st for customers in all 29 available jurisdictions, including Singapore, Hong Kong, India, Argentina, Bahamas, Bermuda, British Virgin...

Am 4. Mai ist Welt-Passwort-Tag – für jeden Zugang ein eigenes, starkes Passwort! Gestohlene Benutzerdaten stehen häufig am Anfang eines Cyberangriffs. Mit starken Passwörtern kann viel Schaden verhindert werden. Das Nationale Zentrum für Cybersicherheit (NCSC), die Schweizerische Kriminalprävention (SKP) und die kantonalen und städtischen Polizeikorps führen im Mai mit Unterstützung der Plattform für Internetsicherheit iBarry und «eBanking – aber...

DeFi (Decentralized Finance) hat in den letzten Jahren stark an Popularität gewonnen und ist zu einem wichtigen Teil des Krypto-Ökosystems geworden. DeFi-Anwendungen bieten den Nutzern zahlreiche Vorteile, darunter Dezentralität, Transparenz und niedrigere Gebühren im Vergleich zu traditionellen Finanzanwendungen. In diesem Text werden die drei erfolgreichsten DeFi-Anwendungen und ihre Vorteile für die Nutzer näher betrachtet. Uniswap Uniswap ist...

The Coinbase International Exchange will provide institutional clients outside of the US with BTC and ETH contracts and up to 5x in leverage. Crypto exchange Coinbase has launched an international exchange to offer its teeming institutional clients an expanded portfolio of crypto services. According to the company, the new Coinbase International Exchange lists contracts for Bitcoin (BTC) and Ether (ETH) perpetual futures. In an official announcement, Coinbase said it received a...

The company has promised its customers that it will be expanding its derivatives offering with additional perpetual contracts, dated futures, and options in the coming weeks. One of the top traded centralized crypto exchanges, Gemini Trust Company LLC, has announced the launch of its non-United States entity to serve markets outside the European market and the United Kingdom. According to the announcement, Gemini Foundation will begin to offer individual and institutional investors a...

Ethereum price is gaining bearish momentum below the $1,900 resistance against the US Dollar. ETH price is now trading below $1,920 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,910 on the 4-hour chart (data feed from Coinbase). The pair could recover, but it is likely to face sellers near the $1,920 resistance zone. Ethereum price is declining below $1,920 against the US Dollar. ETH/USD remains at a risk of...