Ethereum price is struggling below the $3,400 resistance against the US Dollar. ETH price is now trading below $3,320 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $3,200 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $3,200 and $3,320. Ethereum price is declining below $3,400 against the US Dollar. ETH/USD remains at a risk of more downsides if it...
Read More »Germany’s Largest Bank to Offer Crypto Custody Arena with Bitpanda
Landesbank Baden-Württemberg (LBBW) – Germany’s largest federal bank – is poised to offer digital asset custody services and has teamed up with the crypto exchange Bitpanda. The main goal is to meet the increasing demand for digital asset management among institutional and corporate clients and it is scheduled for release in the latter half of 2024. According to the official announcement, LBBW will leverage Bitpanda Technology Solution’s advanced “Investment-as-a-Service”...
Read More »LBBW: Bitcoin-Partnerschaft mit Bitpanda
Die LBBW hat eine strategische Partnerschaft mit Europas führender Krypto-Plattform Bitpanda geschlossen. Im Rahmen dieser Kooperation wird der LBBW eine „Investing-as-a-Service“-Infrastruktur zur Verfügung gestellt, die unter anderem der Verwahrung und Beschaffung von Kryptowährungen wie Bitcoin, Ethereum und anderen digitalen Vermögenswerten dient. „Mit der Verwahrung von Krypto-Assets positionieren wir uns mit einem klaren Mehrwert bei unseren Unternehmenskunden – unter Gewährleistung...
Read More »Why Another Bitcoin Price Dump Is Still Likely: CryptoQuant
Bitcoin’s price may be due for another correction despite a strong recovery from its weekend dump to $61,000, according to analysts at CryptoQuant. In a community “quicktake” posted on Monday, Bitcoin and Ethereum trader GAAH noted that the prevailing bullish market sentiment may be getting too hot based on information from the perpetual futures market. Is Bitcoin Still Overheated? As the analyst noted, average 30-dy funding rates remain high for Bitcoin, even after its...
Read More »Welche Bitcoin-Börse ist die richtige für mich?
Mit dem steigenden Interesse an Kryptowährungen wie Bitcoin wächst auch die Vielfalt der Handelsplattformen, auf denen man diese digitalen Vermögenswerte kaufen, verkaufen und handeln kann. Doch bei der Auswahl der richtigen Bitcoin-Börse gibt es viele Faktoren zu berücksichtigen, angefangen von Sicherheitsaspekten über Gebührenstrukturen bis hin zu Benutzerfreundlichkeit und verfügbaren Handelsoptionen. Hier sind einige wichtige Überlegungen, die Ihnen helfen können, die richtige...
Read More »Is the Worst Over for ETH Following the Dip Below $3K? (Ethereum Price Analysis)
Ethereum’s price has declined significantly over the weekend as a result of the rising tensions in the Middle East. Yet, there are still potential support levels available to hold the price. Ethereum Price Technical Analysis By TradingRage The Daily Chart During the daily timeframe, Ethereum’s price has formed a large bullish flag pattern. The recent drop has briefly pushed the price below the $3,000 support level, but the market has rebounded from the lower boundary of the...
Read More »Make Your Move: BRISE, BEFE, and CENX Are the Best Crypto Investments Now
Top altcoins like Ethereum, Ripple, Solana, etc. have experienced downward price movements in the last 7 days, plummeting by 9.2%, 18.1%, and 23.3%, respectively. The huge loss in the market aggregates to nearly 290 million in total market capitalization. In the wake of this loss, investors are making their move, migrating to other lucrative projects such as Bitgert Coin (BRISE), Befe Coin (BEFE), and Centcex (CENX). Now proving to be the best investment in...
Read More »Ethereum Layer 2 Transaction Explosion: 200% Surge Post-Dencun Upgrade
The highly anticipated Dencun fork on March 13th has significantly boosted the adoption of Layer 2 solutions on Ethereum. This was evidenced by the surge in increased activity post-upgrade. Intotheblock’s latest analysis revealed a similar trend as it noted a surge in the number of transactions on Ethereum’s layer 2 solutions after the Dencun upgrade. The statistics indicate a staggering 196% rise in transactions settled on the leading layer 2 platforms, climbing 5.67 million...
Read More »Ethereum Restaking Platform EigenLayer Launches EigenDA to Mainnet
On April 9, the EigenLayer team announced that the platform’s EigenDA, the first Available Validator Service, had launched on the Ethereum mainnet. The team added that over 4.1 million ETH had been restaked on EigenLayer, and over the past few weeks, 70% of all new Ethereum validators restaked to the platform. Moreover, restakers can now delegate their entire stake to an operator that has opted in to run available validator services like EigenDA. Announcing: EigenLayer ♾...
Read More »Here’s How Much Bitcoin and Ethereum the US Govt Holds: Data
Over the past decade or so, countries around the world have resorted to seizing cryptocurrencies. The United States government stands at the forefront, boasting crypto holdings of almost $15.27 billion. This substantial stash includes 212.847k BTC and 45.654k ETH. US Leads with Holdings of $15.27B Silk Road is perhaps the most infamous case where the US government seized approximately 144,336 BTC in 2013. Silk Road was an online black market known for facilitating the sale of...
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