Ethereum (ETH)

Kim Kardashian has agreed to pay a $1.26 million fine to the Securities and Exchange Commission (SEC) due to what may have been an unlawful promotion of a new digital currency known as Ethereum Max. Kim Kardashian Settles with the SEC Kardashian is not in trouble for promoting the currency. This happens all the time with celebrities, though what Kardashian allegedly failed to do was tell all her social media followers she was promoting the asset that she had garnered...

It appears millennials are no longer interested in investing in crypto. At least not most millennials. A new survey suggests that the number of young investors seeking to put their money in assets like bitcoin and Ethereum has fallen from about 50 percent in 2021 to 30 percent in 2022. That’s a dip of about 20 percent – a big figure in just over a year. Millennials and Crypto Are No Longer a Match Much of this can likely be attributed to the idea that 2022 has been a...

Bitcoin, Ethereum, and the crypto space in general have not been doing well for nearly a year. The world’s number one digital currency by market cap has fallen from its November 2021 all-time high of about $68,000 per unit to roughly $19,000 at the time of writing. That’s a loss exceeding 70 percent, and it makes the bearish conditions of 2018 look tame by comparison. The crypto market has also lost more than $2 trillion in valuation. Bitcoin Has Remained Somewhat...

Following news that both BlackRock and Fidelity have entered the digital currency market, many institutional analysts have predicted that within the next six months, bitcoin will reach a price of about $35,000 per unit, while Ethereum will jump into the $2,000 range. How Much Has Bitcoin Lost? On paper, this doesn’t look all that spectacular. After all, bitcoin – just 11 months ago – was trading at a new all-time high of approximately $68,000 per unit, so $35,000 would...

Gavin Wood – creator of Polkadot and co-founder of Ethereum – has exited his leadership position from the network’s major infrastructure provider, Parity Technologies. However, he will still remain closely involved with the company.  Though he will no longer be CEO, Wood will remain Parity’s majority shareholder, and will transition into a new role as its “Chief Architect.” “The role of CEO has never been one which I have coveted,” said Wood in a statement about the...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum’s price has remained largely flat with little volatility. For this reason, it is almost identical to seven days ago. Momentum and volume continue to move sideways with no perceivable trend at this time. The key support remains at $1,250, and the resistance at $1,400. The price is stuck in a channel, and it can comfortably move sideways until the end of the month...

The Ripple team believes the Hinman documents will reveal the SEC’s double-handedness in dealing with the case.The world’s richest man Elon Musk has seemingly thrown his weight behind Ripple as a new development in the Ripple-SEC case proves the blockchain company is one step closer to victory.After Ripple’s counsel, Stuart Alderoty confirmed the receipt of the long-awaited Hinman documents, Ripple CEO Brad Garlinghouse took to Twitter to express his disappointment. After Garlinghouse’s...

Fidelity Digital Assets – the cryptocurrency subsidiary of the finance giant Fidelity Investments – will allow its institutional clients to trade Ether (ETH). The service will be available on the company’s crypto platform from October 28, 2022. Fidelity Expands its Crypto Scope Earlier this month, the company doubled down on its cryptocurrency efforts by introducing an Ethereum Index Fund. In a recent Twitter announcement, Fidelity Digital Assets revealed the launch of...

Financial services firm Level Field Financial is partnering with a company called Crypto Quote. Its purpose? To bring traditional finance and digital currency together and provide traders and investors with analytics, research tools, and other scalable data to ensure they consistently make intelligent and informed decisions when seeking to add digital assets to their portfolios. Level Field Joins Hands with Crypto Quote The crypto space is not doing well as of late....

[PRESS RELEASE – Please Read Disclaimer] October 19, 2022 – The latest news from Aptos indicates that it will launch the mainnet in the near future. At the same time, its mainnet token APT was announced by major mainstream exchanges before it was in circulation. The cryptocurrency trading platform MEXC listed the Aptos mainnet token APT at 00:45 on October 19 (UTC). It is the world’s first trading platform for Aptos. The Aptos team will build its new Layer 1 blockchain based...