Ethereum (ETH)

The US Office of Foreign Assets Control (OFAC) assigned popular crypto tumbler Tornado Cash as an entity on the Specially Designated Nationals (SDN) sanction list last month which triggered an outcry from privacy and free speech advocates. Subsequently, Microsoft-owned GitHub removed its source code as well as terminated the user accounts of three individuals who contributed code to the project. In a recent turn of events, the platform unbanned the coin mixer and contributors...

Ethereum – the world’s second largest digital currency by market cap and the number one competitor to bitcoin – allegedly experienced its turn from proof of work (PoW) to proof of stake (PoS) just over a week ago. Ethereum Has Completed the “Merge” Many are wondering how much energy is slated to be saved now that Ethereum has made the move it’s been talking about for the past God knows how many years, and according to one analyst, Ethereum is slated to bring its energy...

[PRESS RELEASE – Please Read Disclaimer] 14,000 projects exist on CoinMarketCap, and regardless of their existence as a layer 1 or 2, a DeFi, NFT, or metaverse protocol, the macro and micro headwinds facing all blockchain projects in this bear market are brutal. How well prepared are crypto projects to survive this bear market? According to Invest In Blockchain industry study, only 36 of the top 100 cryptocurrencies have working products and less than 50% of all projects with...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Despite the bullish fundamentals of Ethereum’s merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile. The resistance is not far away at $1,400, and bears will likely come in strong if the price...

On Monday, the Securities and Exchange Commission filed a regulatory action against Ian Ballina. The computer engineer and data scientist has appeared prominently on investment programs such as CNBC, Forbes, Business Insider, and Entrepreneur Magazine. SEC Hammers Sparkster Coin for Improper Disclosures The SEC filed the civil complaint in Austin, Texas, over the initial coin offering for the Ethereum-based token Sparkster. The commission alleges improper consumer disclosures...

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...