Ethereum (ETH)

TL;DR XRP Leads on Uphold: Ripple’s XRP has become the most traded digital asset on Uphold, surpassing major cryptocurrencies like Bitcoin and Ether, with significant user engagement. Dominance in U.S. Markets: Earlier, XRP emerged as the most traded altcoin on US-based cryptocurrency exchanges, indicating its growing popularity. Ripple-Uphold Partnership: The partnership between Ripple and Uphold has led to promotional activities like increased XRP airdrops and giveaways....

Technical Analysis By TradingRage Ethereum’s price has been on the rise for the past few months, breaking above several resistance levels. Yet, the market is currently consolidating around the $2,000 mark, failing to continue its bullish momentum. The Daily Chart On the daily timeframe, the price has been consolidating around the $2,000 level after getting rejected from the $2,150 area once earlier. Yet, the $2,150 level has rejected the price once again, and the market is...

The 2023 report on how digital money changes online betting shows a significant shift. Cryptocurrencies like Bitcoin and Ethereum are game-changers, bringing new possibilities. People worldwide use these digital currencies more, becoming a big part of Bitcoin betting. This report talks about why digital currencies matter. They’re like superpowers, making transactions smoother, keeping information private, and being fairer than old ways. The report explores rules,...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum today announces a major addition to its institutional crypto sector indices product portfolio – the Sygnum Crypto Multisector Index Linked Certificate (ILC). Exploring crypto investments beyond Layer 1 The Sygnum Crypto Multisector Index Linked Certificate is designed to give professional and institutional investors broad and intelligent exposure to the...

Buterin also touched on the roadmap for Ethereum’s technical upgrades, referring to an imminent transition called ‘Danksharding’ that expands data availability and enables more transactions per block. Speaking recently at the Turkey Blockchain Summit, Ethereum co-creator Vitalik Buterin discussed some of the platform’s plans for enhancing decentralization around staking while providing updates on upcoming network changes aimed at boosting usage capacity. Recognizing the growing...

Investors stateside in both the cryptocurrency and traditional finance worlds are eagerly awaiting a Bitcoin ETF product in the U.S. But those in Europe looking for an XRP exchange-traded product will have one next month. Europe Gets an XRP ETP in December DeFi Technologies, Inc. announced last week it will debut a new Ripple XRP ETP on a European exchange. The Canada-based Web 3.0 company will be ready to launch the product in early December. It will offer the product...

While layer 2 networks have become immensely popular in recent months, scammers are targeting newly launched ones and deceiving investors through creative phishing schemes to misappropriate funds. Blast – the recently launched Ethereum layer 2 network – has caught the attention of these malicious entities, with a victim losing more than $130,000. Blast Phishing Scam A fraudster impersonated Paradigm partner Matt Huang to endorse phishing links for Blast. Bitrace was the first...

Despite its positive trajectory, TokenFi has encountered challenges, particularly with Bitget’s recent decision to delist TOKEN from its platform amidst allegations of price manipulation. TokenFi, a sister project to the popular meme token Floki Inu, has announced the launch of its groundbreaking initiatives, marking a significant step in democratizing the process of token creation within the cryptocurrency market. According to an announcement on X, the platform has rolled out two new...

If the entire $2.7 billion exits the bitcoin market, it would exert significant downward pressure on bitcoin prices, the authors stated. However, if most of this $2.7 billion transitions into other bitcoin instruments, such as the newly established spot bitcoin ETFs post SEC approval, the negative market impact would be more moderate. Nevertheless, the bank indicated that Bitcoin continues to face downside risks, as some of the $2.7 billion is likely to exit the Bitcoin space completely. The...

Ethereum (ETH) price is currently retesting a crucial support/resistance zone around $2,130 with the bulls rejuvenated for a robust bullish breakout. The second largest digital asset by market capitalization Ethereum (ETH) has attracted notable attention amid the ongoing Web3 mainstream adoption fueled by institutional investors. The recent Ethereum spot exchange-traded fund (ETH) filed by the well-funded BlackRock Inc (NYSE: BLK), has sparked high interest for the undisputed smart...