Litecoin price started an upside correction from the $145 swing low against the US Dollar. LTC price is still trading well below $180 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $182 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could fail to clear the $180 resistance and start a fresh decline in the near term. Litecoin price is struggling to clear $180 and $185 against the US...
Read More »DeFi Protocol Flare Has Raised $11.3M Ahead of FLR Token Distribution
The Federated Byzantine Agreement-based (FBA) network, Flare, has announced the completion of another funding round in which it raised over $11 million. Kenetic Capital led the investment as some of the notable names that participated included Digital Currency Group, Coinfund, LD Capital, Wave Financial, and Borderless Capital. Flare Raises $11M Built as a scalable, decentralized smart contract platform that runs the Ethereum Virtual Machine, Flare utilizes Federated...
Read More »Bitcoin Price Down to a Two-Week Low as Ethereum Slipped to $2,400 (Market Watch)
After a few days of sideways trading, bitcoin fell hard by losing almost $5,000 of value in less than a day. The rest of the market followed suit as Ethereum slumped by $400 to an eight-day low. Bitcoin Dumped to Lowest Level Since May 24th The past few weeks have been somewhat unusual for the primary cryptocurrency. During the previous weekend, BTC dumped beneath $33,500, but it used the workweek to regain all losses. It failed at breaching $40,000, dropped by a few thousand...
Read More »Ethereum Price Analysis: ETH Breaks Key Support, Could Revisit $2K
Ethereum price failed to surpass $3,000 and started a fresh decline against the US Dollar. ETH price is now trading below $2,600 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $2,780 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue lower towards $2,300 or even $2,000 in the near term. Ethereum price is slowly moving lower below $2,500 against the US Dollar. ETH/USD could extend...
Read More »Bitcoin Basel: Universität macht Wissenpool öffentlich!
Wissenslücken bei Bitcoin, Blockchain und Cryptoassets? Die Universität Basel öffnet mit "Open Crypto Lectures" ihren Wissenpool für alle Interessierten. Wissenslücken bei Bitcoin, Blockchain und Cryptoassets? Die Universität Basel öffnet mit „Open Crypto Lectures“ ihren Wissenpool für alle Interessierten. Vorlesungen zu Bitcoin, Blockchain und Cryptoassets auf Bachelor-Level...
Read More »Polygon Brings Parachains to Ethereum to Lower Rising Gas Costs
The Polygon team aims to transform Ethereum into a multichain ecosystem with secure L2 chains and independent chains while addressing Ethereum’s scalability challenges.To boost the scalability of the Ethereum blockchain, Polygon is introducing a parachain-like offering. This innovative framework will pave the path for building interconnected blockchain networks while lowering overall gas costs.Novel Sidechain Solution Aims to Address Ethereum’s LimitationsEthereum, the decentralized and...
Read More »Ethereum Price Analysis: ETH Consolidates Around $2.8K But is a Bullish Breakout Inbound?
ETH/USD – Market Continues Consolidation Inside Triangle. Key Support Levels: $2715, $2600, $2470.Key Resistance Levels: $2892, $3000, $3135. ETH is up by a substantial 18% over the week as it trades at around $2800 but still resides inside the ascending triangle pattern. The roof is at $2891 (bearish .382 Fib), and ETH has been stuck here for the past fortnight. It tested the upper boundary of the triangle last week but failed to overcome it. As a result, ETH headed lower...
Read More »Ethereum-Preis in wenigen Tagen bei 3’600?
Steigt bald der Ethereum-Preis? Es ist reine Spekulation. Dennoch prognostizieren viele Chart-Analysten einen steigenden Ethereum-Preis. Angeblich soll der Preis um fast 1’000 US-Dollar auf knapp 4’000 US-Dollar steigen: #ethereum is ready to go higher for BITSTAMP:ETHUSD by YMGroup $ETH https://t.co/qoeRrtdzft pic.twitter.com/C8Hz1seb2E — BitcoinAgile (@bitcoinagile) June 7, 2021 Grund für den steigenden Ethereum-Preis? Ein wichtiger...
Read More »Former SEC Head Bashes Crypto, Angers Mark Cuban
Mark Cuban has taken issue with some comments uttered by John Reed Stark, the former chief of the Office of Internet Enforcement for the Securities and Exchange Commission (SEC). According to Stark, cryptocurrencies like bitcoin and Ethereum bear “no utility,” something that Cuban seems to disagree heavily with. Mark Cuban Rushes to Crypto’s Defense Not long ago, Cuban stated that he owned bitcoin and believed it would be a serious hedge in the future against inflation...
Read More »Lawyers Reveal: Divorcing Couples Hide Money With Cryptocurrency
American experts warned that some spouses use digital assets as an instrument to hide money during divorce arrangements. There Are Always Ways According to a recent New York Digital Investment Group (NYDIG) survey, nearly 50 million Americans currently own bitcoin. Furthermore, the popularity of altcoins is also on the rise. With the above in mind, divorce attorneys in the USA noted that more and more spouses camouflage their money into crypto during breakup settlements....
Read More »