Ethereum price is gaining bearish momentum below the $1,900 resistance against the US Dollar. ETH price is now trading below $1,920 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,910 on the 4-hour chart (data feed from Coinbase). The pair could recover, but it is likely to face sellers near the $1,920 resistance zone. Ethereum price is declining below $1,920 against the US Dollar. ETH/USD remains at a risk of...
Read More »CyberConnect Community Token Sale & Registration on CoinList Announced
The CyberConnect CYBER token initial coin offering takes place on CoinList on May 18th, three days after the registration deadline. CoinList recently announced the registration and sale of its CyberConnect Community tokens would soon be underway. In a blog post, the digital currency exchange said the sale of the user-empowering decentralized social network’s tokens begins on May 18th. The deadline for registration would be three days earlier on May 15th. Priced at $1.80 per token, the...
Read More »Meme Coins that Are to Change Your Mind on Crypto Investing
Meme coins may be fun, but it’s obviously not just that. Tokens such as Dogecoin and Shiba Inu are clear proof that this kind of asset can have real gain potential Crypto investing has long been all about Bitcoin and Ethereum, but have you ever considered diversifying your portfolio? There are so many alternatives to these big-name cryptocurrencies that it’s hard to choose something, but let’s take it easy. We’ll focus on a specific type of digital coin that has managed to catch investors’...
Read More »Standard Chartered-backed Zodia Crypto Custody Raises $36M in Funding Round Led by SBI Holdings
With the SBI investment, Zodia Custody will increase its Japan presence amid increased demand for digital assets from institutional investors in the country. Zodia Custody, an institutional-grade crypto asset custodial platform backed by Standard Chartered in association with Northern Trust, has announced that it raised approximately $36 million led by Japanese financial conglomerate SBI Holdings. The London-headquartered crypto startup announced that the funding round also saw...
Read More »Ethereum Price Analysis: ETH Revisits Key Support But Struggles
Ethereum price is struggling to recover above the $1,900 resistance against the US Dollar. ETH price is now trading below $1,900 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,850 on the 4-hour chart (data feed from Coinbase). The pair could recover, but it is likely to face sellers near the $1,950 resistance zone. Ethereum price is declining below $1,900 against the US Dollar. ETH/USD remains at a risk of...
Read More »KuCoin Loses $22,000 due to Twitter Hack, Exchange Announces Reimbursement
KuCoin has assured all the impacted users that it would reimburse them the amount lost while also pledging additional security measures. In the latest development, the hackers managed to briefly breach the Twitter account of the crypto exchange KuCoin thereby causing the exchange users to lose more than $22,000. Earlier today on April 24, hackers took over KuCoin’s Twitter account for 45 minutes, promoting a fake activity. Although the incident was brief, KuCoin has acknowledged that it...
Read More »Bitcoin (BTC) Price Projections to $50K Grows Ahead of Next Year’s Halving
Bitcoin price is hinged on the current perception of the macroeconomic outlook and monetary policies from the United States Federal Reserve. The forthcoming Bitcoin (BTC) halving slated for April 2023 might have a significant impact in helping to push the price of digital currency to a new pedestal. The anticipation of the Bitcoin network event has spurred a renewed bullish projection from the top industry analyst. According to insight from Bloomberg Intelligence and Matrixport, the...
Read More »Ethereum-Preis: 5’000?
In den letzten Jahren hat sich Ethereum als eine der führenden Kryptowährungen der Welt etabliert. Die Blockchain-Technologie, auf der Ethereum basiert, hat sich als äusserst vielseitig erwiesen und bietet eine Vielzahl von Anwendungsmöglichkeiten. Als Ergebnis dieser Leistung hat Ethereum in letzter Zeit auch ein stetiges Wachstum in Bezug auf den Preis erfahren. Für viele Investoren hat sich eine Investition in die Ethereum Community bezahlt gemacht. Angesichts der jüngsten Entwicklungen...
Read More »Societe Generale Subsidiary SG-Forge Launches Euro-Pegged Stablecoin on Ethereum
SG-Forge CEO stated that the EUR CoinVertible smart contract was audited by the professional services network PwC before launch. Societe Generale-Forge (SG-Forge), a regulated subsidiary of the French banking firm Societe Generale, on April 20 announced the launch of EUR CoinVertible, a euro-pegged stablecoin. The Ethereum-based stablecoin will trade under the ticker EURCV and will be available to qualified institutional investors. Investors will have to go through SG-Forge’s Know Your...
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 »