Dan Berkowitz, a former commissioner of the CFTC and former general counsel at the SEC, hinted that it is possible to categorize Ethereum as both a commodity and a security. As cryptocurrencies grow more popular, there is a rising need for clarity about their legal status, as many people see them differently based on the regulatory provisions within their jurisdiction. In what seems like an addition to the ongoing talks about the regulatory status of Ethereum, Dan Berkovitz, a former...
Read More »Coinbase Unveils New Wallet as a Service on Ethereum
WaaS (Wallet as a Service) reportedly employs cutting-edge multi-party computing (MPC) technology to safeguard the private keys of its users. Coinbase has announced that it released and launched a new Web3 wallet solution dubbed “Wallet as a Service” (WaaS) on the Ethereum mainnet. The new service, a version of the crypto firm’s cloud product, went live on May 23 and utilizes a multi-party computation (MPC), according to a Twitter announcement from a software developer at the company. The...
Read More »Ethereum Price Analysis: ETH Aims Fresh Increase Above $1,850
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is eyeing an upside break above the $1,850 resistance against the US Dollar. ETH price is now trading above $1,750 and the 55 simple moving average (4 hours). There was a break above a key contracting triangle with resistance near $1,820 on the 4-hour chart (data feed from Coinbase). The pair...
Read More »HashKey Group to Raise Funds at $1B Valuation
HashKey Capital emphasized that it plans to direct the investment into Web3 initiatives in order to broaden its crypto exposure. Crypto investment company HashKey Group is looking towards leveraging Hong Kong’s digital assets efforts to raise funds at a valuation of over $1 billion to attract potential investors. The Chinese Special Administrative Region is finalizing digital asset licensing legislation with the goal of becoming a worldwide crypto hub. Hong Kong has been making efforts to...
Read More »Bankrupt Crypto Lender Celsius Moved Nearly $900M of ETH Within a Week: Data
Celsius’ wallets have been quite active amid its ongoing bankruptcy and restructuring process. The beleaguered crypto lender – which remains one of the biggest firms with a staked ETH portfolio – has transferred almost $900 million worth of the crypto asset over the past week. Celsius’ Ether Movement According to data shared by the blockchain intelligence firm Arkham, Celsius has moved around $20 million of ETH to Wintermute OTC and Custody Withdrawals. Subsequently, the...
Read More »Bitcoin-Gebühr: Was war bloss am 8. Mai los?
Am 8. Mai musste man für eine einzelne Bitcoin-Transaktion 30.91 US-Dollar hinblättern. Das Bitcoin-Netzwerk ist superspannend, gerade wenn aussergewöhnliche Dinge unerwartet passieren. Dank Analyse-Plattformen wie Chainalysis oder yChart, kann sich jeder diverse Parameter grafisch darstellen lassen. Und diesen Frühling ist etwas sonderbares passiert: Am 8. Mai musste man für eine einzelne Bitcoin-Transaktion 30.91 US-Dollar hinblättern. Genau, eine...
Read More »Bitcoin-Gebühr: Was war am 8. Mai?
Am 8. Mai musste man für eine einzelne Bitcoin-Transaktion 30.91 US-Dollar hinblättern. Das Bitcoin-Netzwerk ist superspannend, gerade wenn aussergewöhnliche Dinge unerwartet passieren. Dank Analyse-Plattformen wie Chainalysis oder yChart, kann sich jeder diverse Parameter grafisch darstellen lassen. Und diesen Frühling ist etwas sonderbares passiert: Am 8. Mai musste man für eine einzelne Bitcoin-Transaktion 30.91 US-Dollar hinblättern. Genau, eine...
Read More »Ripple’s XRP Experiences 8% Price Pump Following Latest Court Twist
Observers believe Wednesday’s XRP price pump indicates that Ripple has the upper hand in its ongoing litigation with the SEC. Ripple native token XRP recently experienced an 8% price pump following a seemingly ‘favorable’ court ruling. The digital currency’s jump came after the presiding judge in the long-drawn-out Ripple vs SEC case denied a motion filed by the regulator. Ripple’s XRP traded at 46 US cents at 12:45 pm Singapore time Wednesday. Furthermore, XRP’s recent price upswing...
Read More »Ethereum Price Analysis: ETH Could Drop Below $1,700
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is gaining bearish momentum below the $1,880 resistance against the US Dollar. ETH price is now trading below $1,850 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $1,820 on the 4-hour chart (data feed from Coinbase). The pair...
Read More »MakerDAO Plots New AI-Inspired Blockchain, Publishes Roadmap
The new blockchain called NewChain will be closely linked with Ethereum, promising increased governance security of the ecosystem. MakerDAO, the issuer of the DAI stablecoin, has revealed its plans for a major update it calls the “Endgame”, this follows after the platform recently published a detailed roadmap of the upcoming update. According to the May 11 announcement, the update will take place in five phases and will effect changes that will use artificial intelligence (AI) tools and...
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