Markets

eToro will be in a position to offer cross-border crypto services after the EU’s Markets in Crypto Assets (MiCA) regulatory framework goes into effect in December 2024. An investing platform with over 32 million registered users, eToro, has announced that it is ready to offer crypto-related services in the European Union (EU) after its application for registration under the Crypto Asset Service Provider (CySEC CASP) was approved. The company, however, announced that its Europe entity will...

Dogecoin (DOGE) and Shiba Inu (SHIB) are both down in 2023, with investors eagerly awaiting a rebound. As meme coins, their trajectories are often hard to predict – yet we employed the help of ChatGPT to obtain insights into their future price movements. In this article, we reveal ChatGPT’s thoughts on whether Dogecoin or Shiba Inu will ever hit $1 before highlighting an alternative meme coin that the AI model believes could be set to pump before the end of the year. Top Meme...

Ripple’s expansion plans come months after its partial victory in its ongoing legal battle with the US SEC. In a strategic move aimed at addressing ongoing regulatory issues in the United States, Ripple, a blockchain payment company, is gearing up to significantly expand its workforce in international markets. In an interview with CNBC on September 13, Ripple CEO Brad Garlinghouse said without revealing the actual locations that over 80% of the company’s new hires for the year will be...

EOS price is eyeing a fresh increase from the $0.525 support against the US Dollar. The price is now trading above $0.56 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5740 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.62 and $0.64 resistance levels. EOS price is recovering above $0.56 against the US Dollar, like Bitcoin. The price might...

Litecoin started a downside correction from the $68.25 zone against the US Dollar. LTC price is now trading above $62 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $64.85 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $65.80 resistance. Litecoin price is correcting gains from $68.25 against the US Dollar, similar to Bitcoin....

On Sept. 19, Eclipse announced a new L2 architecture, which will leverage the Solana Virtual Machine while operating on Ethereum, hence bringing the advantage of the former’s speed and scale in transaction settlement. The newly promoted L2 architecture aims to redefine the scaling world by touching on areas like Ethereum settlement, execution using SVM, availing data with Celestia, and proving using RISC Zero. Bringing SVM Experience to EVM As per the press statement,...

eToro, die Trading- und Investmentplattform, hat heute bekannt gegeben, dass ihr Antrag auf Registrierung unter dem CySEC CASP (Crypto Asset Service Provider) Register genehmigt wurde. Damit macht eToro den bestehenden Bitcoin-Börsen konkurrenz. Die Registrierung versetzt eToro in die Lage, regulierte Krypto-Dienstleistungen in allen EU-Ländern auf grenzüberschreitender Basis über eine einzige Einrichtung, nämlich eToro (Europe) Digital Assets Ltd, anzubieten, sobald die EU-Verordnung über...

Despite Ether’s significant price rally since the beginning of the year, there has been an evident downtrend in terms of investors holding over 1,000 ETH.  Based on a Glassnode analysis, the total number of Ethereum addresses owning 1,000 or more ETH has dropped to a 5-year-low of 6,082.  In comparison, there were over 8,000 such wallets in 2019 when the US dollar valuation of the second-biggest cryptocurrency by market capitalization was hovering between $100 and $300. 📉...

The Federal Reserve announced no change to its policy interest rate following its Federal Open Markets Committee (FOMC) meeting on Wednesday. Likewise, Bitcoin’s price showed little change after the announcement, down just 0.17% on the day. Per the Fed’s announcement, the central bank “decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent.” The statement noted that while job gains have slowed, they remain elevated. Unemployment is also...

The price of Bitcoin is still above $27k as investors and stakeholders await monetary policy announcements from regulators worldwide. The price of Bitcoin stayed above $27,000 on Wednesday as most of the largest cryptocurrencies remained barely changed for the most part. The crypto market is likely reacting to investors holding out for official monetary policy announcements from central banks around the world. Earlier, BTC was unable to scale its 50-day moving average as it met with stiff...