Ethereum’s price dropped significantly yesterday after multiple weeks of rising, causing investors to question the validity of the recent positive sentiment and wonder if a bearish continuation will soon follow. Technical Analysis By: Edris The Daily Chart: On the daily chart, the price has constantly been pushing higher, except for the last day, which saw the market plunge by almost 9%. Interestingly, the price is yet to reach the $2200 resistance, but the $2000...
Read More »EU Parliament Finally Passes MiCA as Industry Lauds Effort
While the EU is in the final stages of making MiCA a reality and hence fosters a more defined market participation, the industry has been fussing around the laid-back approach of the US in relation to floating similar rules. The European Union (EU) has now broken the record of being the first region in the world to pass the most comprehensive regulations to guide the broader nascent digital currency ecosystem. The recent approval came from the EU Parliament who voted for the bill by a...
Read More »Voyager $1B Deal with Binance.US Closer to Actualization Following Fed Agreement
Binance.US is reportedly closer to acquiring Voyager assets after the UCC secured a deal with the US federal government. Voyager Digital Holdings sees its $1 billion deal with Binance.US move closer to actualization following an agreement with the US government. Yesterday, the bankrupt crypto lender sealed a deal with the federal government that allows Voyager to sell its assets to Binance.US. On Twitter, the Voyager Official Committee of Unsecured Creditors (UCC) elaborated on the...
Read More »Deribit Launches Zero-Fee Spot Trading
The new spot trading feature will have zero maker and taker fees, meaning there will be no margin for the exchange. Deribit, the world’s largest crypto options exchange, is expanding its offerings by launching its zero-fee spot trading. Per the announcement, the company will launch a zero-fee spot exchange by April 24. With this development, Deribit now offers a full spectrum of trading opportunities to its clients. The move comes shortly after Binance ended its zero-fee spot trading...
Read More »OP Token Shoots as VC Giant Andreessen Horowitz Starts Working on New Client for Optimism
VC giant Andreessen Horowitz noted that more systems will help in offering more robust decentralization for the Optimism platform. On Wednesday, April 19, the crypto wing of the venture capital firm Andreessen Horowitz (a16z) announced its blockchain infrastructure plan of working on a roll-up client for Optimism (OP) dubbed Magi. This helped Optimism’s native OP token to recover from the broad market sell-off on early Wednesday. Yesterday, the Optimism (OP) token price jumped all the way...
Read More »Coinbase to Open Derivatives Exchange in Bermuda Next Week
Coinbase received its license to operate in Bermuda on April 19th. The action was taken to keep up with the company’s campaign for “global scale to go broad and deep”. Coinbase plans to launch a coastal derivatives exchange in the next week, after it acquired a license to function in Bermuda from the Bermuda Monetary Authority. Coinbase applauded Bermuda as an excessively reputed and professional financial regulator in its announcement. Coinbase had long been looking to inaugurate an...
Read More »9 Gründe, noch heute einen Account bei Binance zu ersellen
In den letzten Jahren hat sich die Welt des Kryptohandels stark verändert. Immer mehr Menschen interessieren sich für den Handel mit digitalen Währungen und suchen nach den besten Plattformen, um dies zu tun. Eine solche Plattform ist Binance. In diesem Artikel werden wir neun Gründe erläutern, warum es sich lohnt, noch heute einen Account bei Binance zu erstellen. Grosse Auswahl an Kryptowährungen Binance ist vielleicht die grösste aller grossen Bitcoin-Börsen. Eines ist sicher: Binance...
Read More »9 Gründe, noch heute einen Account bei Binance zu ersellen
In den letzten Jahren hat sich die Welt des Kryptohandels stark verändert. Immer mehr Menschen interessieren sich für den Handel mit digitalen Währungen und suchen nach den besten Plattformen, um dies zu tun. Eine solche Plattform ist Binance. In diesem Artikel werden wir neun Gründe erläutern, warum es sich lohnt, noch heute einen Account bei Binance zu erstellen. Grosse Auswahl an Kryptowährungen Binance ist vielleicht die grösste aller grossen Bitcoin-Börsen. Eines ist sicher: Binance...
Read More »EOS Price Analysis: Upsides Could be Limited above $1.15
EOS price started a fresh decline from the $1.25 resistance zone against the US Dollar. The price is now trading below $1.20 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1.165 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $1.15 and $1.165 resistance levels. EOS price is struggling below $1.165 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls Struggle, Risk of More Losses
Litecoin started a fresh decline below the $95 zone against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $93 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair is at risk of a downside break below the $90 and $88 support levels. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price could...
Read More »