CoinspeakerEurope’s Largest Traditional Banks Venturing into Crypto Thanks to MiCA Banks like the LBBW are not partnering with crypto service providers to offer digital asset services as a result of MiCA clarity. Europe’s Largest Traditional Banks Venturing into Crypto Thanks to MiCA
Read More »Whales Accumulating Ethereum and XRP amid Market Fluctuations: What’s Next for These Assets?
CoinspeakerWhales Accumulating Ethereum and XRP amid Market Fluctuations: What’s Next for These Assets? A breakout from the tight upper Bollinger Bands at $0.69 could signal a bullish run for XRP. Whales Accumulating Ethereum and XRP amid Market Fluctuations: What’s Next for These Assets?
Read More »Ethereum Price Analysis: ETH Could Revisit $3,500
Ethereum price is eyeing an upside break above the $3,220 resistance against the US Dollar. ETH price is now trading above $3,100 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $3,150 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $3,000 support zone. Ethereum price is consolidating above the $3,100 level against the US Dollar. ETH/USD could rise...
Read More »Bitget Report: Middle East Crypto Market Surges by 166% YoY
CoinspeakerBitget Report: Middle East Crypto Market Surges by 166% YoY The United Arab Emirates emerges as the clear frontrunner in crypto adoption across the Middle East. Such an outlook aligns with the nation's progressive stance on digital assets. Bitget Report: Middle East Crypto Market Surges by 166% YoY
Read More »Celo Developer cLabs Proposes Ethereum Layer 2 Chain Development Using OP Stack
CoinspeakerCelo Developer cLabs Proposes Ethereum Layer 2 Chain Development Using OP Stack The deployment of the Celo Layer 2 testnet is planned for later in the summer. This will come after another round of community voting. Celo Developer cLabs Proposes Ethereum Layer 2 Chain Development Using OP Stack
Read More »Over $500M Ethereum (ETH) Left CEXs as Market Prepares for Impulsive Move: Data
Data from IntoTheBlock revealed that investors withdrew approximately half a billion ETH from centralized exchanges last week, the highest the asset has seen since February. $500M ETH Leaves CEXs The withdrawal of large amounts of ETH from centralized exchanges signals investor confidence in the long-term price trajectory of the asset. Market participants usually withdraw their cryptocurrencies from centralized trading platforms to hold the assets in their private wallets or...
Read More »CoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further
CoinspeakerCoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further Ethereum continued its trend of outflows, recording its sixth consecutive week with a $34 million outflow. CoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further
Read More »Kraken Launches Crypto Wallet Supporting Multiple Blockchains
Kraken, the second-largest crypto exchange in the U.S., has introduced its self-custodial mobile wallet. Dubbed Kraken Wallet, the product follows in the footsteps of prominent platforms such as Binance, OKX, Coinbase, Bitget, and Bybit. Kraken Wallet’s Focus on Privacy and Self-Custody Kraken Wallet offers users a solution for managing their tokens, NFTs, and DeFi across blockchain networks such as Bitcoin, Ethereum, Polygon, Dogecoin, Base, Solana, and Arbitrum. In...
Read More »Shiba Inu (SHIB) Explodes 18% Daily, Bitcoin (BTC) Taps $65K (Weekend Watch)
Bitcoin’s price recovery continues following the recent massacres, and the cryptocurrency has jumped to about $65,000 as of now. The altcoins are even more in the green now, with ETH and BNB surging by approximately 4%, while SHIB has stolen the show. Bitcoin Aims at $65K It’s safe to say that the week leading to the fourth Bitcoin halving was quite painful. The asset fell from over $70,000 to $65,000 last Friday before it dumped to $61,000 a day later. After regaining some...
Read More »EY Launches Ethereum-Based OpsChain Contract Manager for Business Contracts
Ernst & Young (EY) has launched OpsChain Contract Manager (OCM), an Ethereum solution that leverages zero-knowledge proofs technology. The solution will help private businesses efficiently manage and execute intricate business agreements while ensuring confidentiality, timeliness, and cost-effectiveness. EY Launches the OpsChain Contract Manager EY, one of the top “big four” accounting firms alongside Deloitte, KPMG, and PwC, has been exploring the business applications...
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