Ethereum price started a fresh decline from the $1,650 zone against the US Dollar. ETH price is now trading below $1,400 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,280 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,300 resistance zone. Ethereum price is struggling below $1,400 against the US Dollar. ETH/USD remains at a risk of more losses if there...
Read More »ETH Attempts a Recovery But is Another Drop to $1,000 In Play? (Ethereum Price Analysis)
Ethereum is showing signs of recovery after the recent crypto market crash. However, it may be too soon to call for a bottom, as the price is facing significant resistance levels, which need to get broken before expecting any bullish scenarios. Technical Analysis By: Edris The Daily Chart On the daily chart, the price’s free fall has come to a halt. ETH is currently trying to reclaim the $1250 support area, which was impulsively broken to the downside last week. In the event...
Read More »Luxury Hotel in Dubai Accepts Shiba Inu as Payment Method
The five-star hotel W Dubai – The Palm allowed guests to pay for accommodation in Shiba Inu (SHIB). Another luxurious venue in the city where travelers can settle bills in digital currencies, such as BTC and ETH, is Palazzo Versace Dubai. The American multinational fast food restaurant franchise – Subway – also jumped on the bandwagon. Three of its outlets situated in Berlin started accepting bitcoin as a means of payment. The Palm Embraced SHIB W Dubai – The Palm – one of...
Read More »Vitalik Buterin Shares Thoughts About Sam Bankman-Fried Following FTX Fallout
The co-founder of Ethereum has shared some thoughts on the FTX fallout and, more precisely, on the reaction toward the former CEO – Sam Bankman-Fried. It appears that the cryptocurrency community is unanimous in its stance against the action of Sam Bankman-Fried, the former CEO of FTX. The overwhelming majority of reactions are entirely negative, with many calling for prison time and the most severe regulatory punishments. Vitalik Buterin, the founder of Ethereum, has also...
Read More »CryptoCom Accidentally Sends $400 Million Worth of ETH To Gate, Funds Recovered Later
FTX’s collapse stirred the cryptocurrency market in a way that not many expected, but there’s some silver lining, however tiny it may seem. For once, most of the leading exchanges decided to go ahead with their proof-of-reserves and published the majority of their addresses that contained the funds stored on their platforms. CryptoCom is one of the exchanges that published their addresses, showcasing how much and what cryptocurrencies it stores on behalf of its customers....
Read More »Beste Bitcoin Casinos Schweiz
Jeder, der das Spielen in Online Casinos liebt, ist garantiert schon über das eine oder andere Crypto Casino gestolpert. Gerade mit der wachsenden Beliebtheit der Kryptowährungen haben auch Bitcoin Casinos immer mehr zugenommen. So sind inzwischen auch Crypto Casinos in der Schweiz am Online Gaming Markt prominent vertreten. Um bei den verschiedenen Crypto Casinos das passende Casino zu finden, sollten Sie bei der Auswahl ein paar Punkte beachten. Denn auch hier ist Sicherheit und Seriosität...
Read More »Das führende Krypto-Casino Winz.io startet sein Sportwettenangebot, das beliebte Sportarten und eSport abdeckt
Winz.io, eines der führenden Krypto-Casinos, erweitert seine Branchenpräsenz durch das neue Sportwetten. Benutzer können jeden Monat ihre Lieblingskryptowährungen auf das Ergebnis von Tausenden von Live-Events setzen. Sportwetten sind top in der Branche des Glücksspiel. Eine Branche, die stetig wächst und die im Jahr 2022 sage und schreibe 83 Milliarden US-Dollar Umsatz generieren wird, wenn die Prognosen stimmern. Winz.io erkennt das Potenzial von Sportwettenlösungen an und hat nach...
Read More »CoinShares Reports Over $30 Million Worth of Crypto Stuck on FTX
Europe’s largest digital asset investment and trading group – CoinShares – revealed that approximately 11% of its total net asset value is situated on the crypto exchange FTX. Another firm experiencing similar issues is Mike Novogratz’s Galaxy Digital, which holds more than $76 million worth of exposure to the troubled firm. In a recent interview for Bloomberg, CoinShares said nearly $26 million of its exposure to FTX consists of US dollars and Circle’s stablecoin USDC....
Read More »FTX Once Again Processing Withdrawals, On-Chain Data Shows
Struggling crypto exchange FTX appears to be processing withdrawals again, according to publicly available blockchain data. Data from Etherscan – an explorer for analyzing transactions on the Ethereum blockchain – shows that FTX’s public wallet began executing a swath of outbound transactions beginning at 03:39:11 PM UTC on Thursday. This follows an over 48-hour period during which FTX was only taking in deposits. FTX initially admitted to its liquidity troubles shortly...
Read More »US Inflation for October Pegged at 7.7% Sending Dow Futures on Run
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