Twitter is delving a step further into the crypto ecosystem, now allowing users to tip each other in Ethereum, alongside Bitcoin. The feature is currently only available on mobile. According to Twitter’s updated tipping policy, users who agree to it can “copy someone’s Bitcoin or Ethereum address and paste their address into whatever wallet [they] use.” In September, the platform introduced Bitcoin tipping over the lightning network, allowing users to connect their lightning...
Read More »Ethereum Price Analysis: As ETH Lost $3K, Here’s the Next Critical Support
Key Support levels: $2,805, $2,200 Key Resistance levels: $3,000, $3,400 ETH failed to sustain the rally and broke the uptrend, with prices now falling to the key resistance at $2,800. Bulls have the last chance to defend there. If they fail, then the next key support is found at $2,200. The $3,000 level has turned into resistance and buyers seem unlikely to have the momentum to push the cryptocurrency back above it. Chart by TradingViewTechnical Indicators Trading Volume:...
Read More »Ethereum Fees Have Not Been This Cheap Since October of 2021
Cryptocurrency fans may celebrate the entry of their favorite tokens into the mainstream audience thanks to the impact of the Crypto-Bowl. Still, Ethereum lovers have one more reason to rejoice, as trading ETH hasn’t been this cheap in months. This phenomenon extends to L2 solutions as well, with almost all of the most popular infraestructures hittting less than $1 on average to send ETH and between $0.31 and $2.18 to swap tokens —a more complex operation— according to L2Fees...
Read More »Ethereum Price Analysis: Following 17% Weekly Surge, ETH Eyes This Level Next
Key Support levels: $3,000, $2,805 Key Resistance levels: $3,400, $3,750 Despite a decreasing volume as the price goes up, ETH continued to perform well this week and increased substantially. The key resistance sits at $3,400, and the cryptocurrency appears ready to test this level before any significant pullback. The support at $3,000 has held well and may be revisited if ETH is rejected at the key resistance. Chart by TradingViewTechnical Indicators Trading Volume: The...
Read More »AssangeDAO Concludes Fundraise After Securing 17,422 ETH ($54 Million)
Dedicated to restoring Assange’s freedom, AssangeDAO started its fundraising on February 3. Less than a week later, it has concluded its efforts after managing to rake in 17,422 Ether from 10,000 users. Helping Embattled WikiLeaks Founder Julian Assange The newly-formed AssangeDAO’s mission was to raise enough funds to help free Julian Assange. It aimed to acquire ETH in return for the JUSTICE governance token to bid on a 1/1 NFT. The NFT in question was made by well-known...
Read More »SoftBank-Backed Startup to Offer Crypto Trading (CNBC Report)
DriveWealth – a SoftBank-backed start-up that assists fintech firms in offering stocks – will reportedly provide cryptocurrency trading services to clients. To do so, the company will acquire Crypto-Systems – a separate digital asset organization based in the United States. DriveWealth to Compete with Coinbase CNBC reported that shortly after the acquisition, the start-up will launch two subsidiaries to offer Bitcoin and Ethereum trading opportunities to partners in April or...
Read More »KPMG Canada Adds BTC And ETH To Balance Sheet
The Canadian subsidiary of KPMG – one of the “Big Four” international accounting firms – has just confirmed the addition of Bitcoin and Ethereum to its corporate treasury. The purchase is said to “reflect the firm’s commitment to emerging technologies and asset classes”. According to a press release from Newswire, KPMG included carbon offsets alongside the purchase, in order to maintain net-zero emissions on the relevant purchases. Bitcoin and Ethereum are often criticized...
Read More »Weekend Watch: Axie Infinity (AXS) Explodes 17%, Bitcoin Maintains $41K
After surging above $41,000, bitcoin has maintained its momentum and has remained above that level. The altcoins, which marked significant gains yesterday, have stalled now. Axie Infinity is among the few exceptions after a massive double-digit surge. Bitcoin Maintains $41K It was just a few days ago when the largest cryptocurrency struggled to remain above $37,000 and dipped below that level on a few occasions. The bulls attempted to push it north, which resulted in trading...
Read More »Proof-of-Reserves Audit Shows Kraken Holds $19B in BTC and ETH
Leading cryptocurrency exchange Kraken announced on Thursday the results of a proof-of-reserve audit, showing that it holds over $19 billion worth of Ether (ETH) and Bitcoin (BTC). Almost $20 billion Stored on Kraken As per a blog post, the audit was conducted by Armanino LLP, a consulting and technology firm in the US. The results didn’t include other assets – just BTC and ETH, including the $3.5 billion worth of ETH held in Kraken’s staking service, which is an ETH 2.0...
Read More »ETH is Back Above $3,000: Is the Correction Over, and What Level to Watch? Ethereum Price Analysis
ETH has broken above $3,000 and appears poised to move even higher, ending the short-term downtrend. This comes less than two weeks since bottoming at $2160, according to Bitstamp. Key Support levels: $2,805, $2,500 Key Resistance levels: $3K, $3,400, $3,750 After a decent 2-day rally, ETH broke above the key resistance at $3,000 today. If ETH can turn this level into support (retest and confirm), this impressive rally could continue much further. In addition, there is also...
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