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Ethereum (ETH)

Bitcoin Crashes 7%, Silvergate Bank Issues Intensify, ETH Shanghai Inches Closer: This Week’s Recap

This week was a complete rollercoaster in terms of price action as the majority of cryptocurrencies found themselves stuck in a chopping range before the ultimate leg down. Bitcoin was trading at around $23,300 this time last week, and a couple of days later, it attempted the first push toward $24K. it was unsuccessful, and at around the end of the week, BTC found itself below $23K. However, this dip was immediately bought up, and the price tapped $24K on Wednesday. The bulls...

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Here’s the Most Immninet Support for Ethereum Following the 5% Daily Crash (ETH Price Analysis)

Ethereum’s price has been rejected from a significant resistance level following the turmoil surrounding Silvergate. However, there are still multiple support levels available to hold the price for now. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price has been struggling to break above the $1800 level. The higher boundary of the large symmetrical triangle pattern and a bearish rejection has led to the breakdown of the 50-day moving average...

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Litecoin (LTC) Price Analysis: More Gains Possible Above $100

Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading above $94 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance at $94 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $98 and $100 resistance levels. Litecoin price is showing positive signs above $94 against the US Dollar, similar to bitcoin. LTC...

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Robinhood Rolls Out Wallet App Worldwide for IOS

Online brokerage firm Robinhood rolled out its crypto wallet app worldwide for IOS users on Wednesday.  The app will support both the Ethereum network and its Layer 2 scaling solution, Polygon – but not Bitcoin.  Robinhood’s Web3 Wallet Per a blog post from Robinhood, the firm’s wallet app has now rolled out to a waitlist of over 1 million users, and has been downloaded in over 130 countries.  For a limited time, users of the app can be rewarded with 1 USDC if they deposit...

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OKX Wallet and Curve Join Forces to Boost Liquidity in DeFi Ecosystem

[PRESS RELEASE – Please Read Disclaimer] The strategic cooperation is a significant step towards promoting the development of the Web3 realm. February 28, 2023 – Curve, a leading decentralized stablecoin exchange on Ethereum, today announces a strategic cooperation with leading self-custodial solution OKX Wallet. The collaboration includes OKX DEX, OKX Wallet’s built-in decentralized exchange, aggregating Curve’s liquidity and OKX Discover, a one-stop platform for discovering...

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