Ethereum (ETH)

Bitcoin is trading more or less where it was a week ago, following another seven days of choppy price actions. This time, however, it seems that it was an event that propelled its most recent decline and the catalyst was no other but Elon Musk. Last weekend kicked off with a crash towards $33K on Saturday, followed by an increase and yet another decline to roughly around the same area on Monday. As the workweek began, the price started recovering, and it reached well over...

This new avenue of ETH-backed loans offered by Anchorage will make way for a new client base.Anchorage as a digital asset bank has been expanding its growth and is now accepting ETH-backed loans as valuable assets to be treated and accepted as collateral. The organization has successfully drawn a partnership with BankProv to extend the credits of denominated US dollars and ETH.The CEO of Anchorage Digital has said in an interview that the company’s vision is to expand its lending tools and...

We saw another week of relatively choppy price action as the major cryptocurrencies failed to chart any serious gain. On the opposite – with a few exceptions, most of the coins underwater. Bitcoin Bitcoin is down by a total of 4.7% this week and is trading inside an ascending price channel as it battles to remain above the upper boundary at around $36,600. The cryptocurrency had an interesting week of trading after meeting the resistance at $40,760 (bearish .382 Fib) last...

The antivirus company NortonLifeLock announced a new feature on its platform, named Norton Crypto. Its mission will be to enable customers to mine Ethereum in a safe and accessible way. Mining ETH In a recent announcement, the cybersecurity firm notified its nearly 13 million customers about a new service on its platform. Called Norton Crypto, it will provide a “safe and easy way” for consumers to mine one of the largest digital assets by market capitalization – ether (ETH)....

This integration will allow users to seamlessly trade assets from other discrete blockchain networks while ensuring that its users get to enjoy the native Ethereum experience.On Wednesday, June 2, the Injective platform announced the integration of NEAR protocol, a move aimed at expanding its multi-chain trading ecosystem. This is a step further in creating a free and decentralized financial ecosystem.This integration will allow Injective users to seamlessly trade assets from other discrete...

The stimulus bill signed by the US government pushed Miami’s pro bitcoin mayor to purchase portions of the two largest cryptocurrencies by market cap. In a recent interview, Francis Suarez also touched upon the role that Elon Musk plays in the market and said that BTC could serve as a valid hedge only after it stops going up and down by double-digits after interactions by Tesla’s CEO. Miami Mayor Owns BTC and ETH Ever since the start of the year, Francis Suarez, the current...

Litecoin price is showing a few positive signs above the $150 level against the US Dollar. LTC price is now just above the $180 level and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to start a decent increase if there is a close above $195 and $200. Litecoin price is struggling to gain pace above $190 against the...

[PRESS RELEASE – Please Read Disclaimer] Today, Las Vegas-based payment app banq, launched the ability to invest in Bitcoin and Ethereum from multiple accounts under one platform. Users can create as many sub-accounts as they need for business or personal use and buy and sell crypto from of any or all of them. This solution allows users to keep crypto investments separate for different goals, different people, and different entities. In particular, one could open an account...

Philips will be auctioning a world-famous artwork called “Laugh Now Panel A” created by the anonymous street artist Banksy. Jonathan Crockett – Asia Chairman at the company – announced that BTC or ETH would also be accepted as a means of payment on the auction. Philips Enters the Crypto Community In a recent Bloomberg interview, Jonathan Crockett highlighted that Philips would accept the largest cryptocurrencies – bitcoin and ether – to purchase Banksy’s ”Laugh Now Panel A”....

The platform, StanChart is launching, will allow trading of major digital currencies including Ethereum and BitcoinStanChart (Standard Chartered) Plc has decided to develop a platform for trading and brokerage of crypto assets. The bank has mentioned that the platform will be launched in Europe and Britain and will target well-established clients. As a result, this step has created and marked contrast with the rival of StanChart – HSBC.This whole initiative was taken after some days when...