Ethereum price is eyeing an upside break above the $1,950 resistance against the US Dollar. ETH price is now trading near $1,900 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1,890 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,880 support zone. Ethereum price is consolidating above the $1,850 level against the US Dollar. ETH/USD could rise again if it...
Read More »Mike Novogratz: BTC and ETH Are Among the Best Long-Term Investments
Bitcoin bull and hedge fund manager Mike Novogratz is again in the news trying to tell everyone that bitcoin and Ethereum are the best long-term investments anyone can take part in. Mike Novogratz Still Loves Bitcoin In a recent interview, Novogratz took issue with the trading volumes for both cryptocurrencies, which appear to be somewhat down at the time of writing. He said bitcoin and Ethereum are the best items a person can invest in over the next several...
Read More »Blockchain Company Nansen Engages in Massive Layoffs
Nansen – a blockchain data firm based in Singapore – has laid off about 50 people at the time of writing, suggesting the crypto winter is not fully over. Nansen Says Goodbye to Many Employees 2022 was marred by news of many large crypto firms and companies laying off employees. Big names like Gemini in New York and Coinbase joined the ranks, with the latter initially putting off plans to triple its workforce. Originally, Coinbase had the goal to become bigger than...
Read More »US SEC Reviewing All Recent Spot Bitcoin ETF Applications
CoinspeakerUS SEC Reviewing All Recent Spot Bitcoin ETF Applications The US SEC has started reviewing all the spot Bitcoin ETF filings re-submitted by all applicants along with a "surveillance sharing" clause. US SEC Reviewing All Recent Spot Bitcoin ETF Applications
Read More »Meta’s Threads Already Has One-Fifth of Twitter’s Weekly Active User Base
CoinspeakerMeta’s Threads Already Has One-Fifth of Twitter’s Weekly Active User Base The number of downloads and general user base Threads has pulled since launch is expanding and has already surpassed that of Twitter rivals. Meta’s Threads Already Has One-Fifth of Twitter’s Weekly Active User Base
Read More »1inch Price Up Over 50% in Past Week amid Altcoins’ Recovery and Heightened Trading Volume
Coinspeaker1inch Price Up Over 50% in Past Week amid Altcoins’ Recovery and Heightened Trading Volume The activities in the 1INCH protocol are expected to remain high, particularly due to increased altcoin FOMO. 1inch Price Up Over 50% in Past Week amid Altcoins’ Recovery and Heightened Trading Volume
Read More »Louis and Arlene Byrd Create Their Own Real Estate Blockchain Firm
Louis and Arlene Byrd are a married couple that bought a home a few years back. The trouble was that their purchase didn’t satisfy them. This led them to create their own real estate company on the blockchain. Louis and Arlene Byrd Establish Blockchain Real Estate Firm Known as Kataba, the company came about after the couple said their home was too “racially segregated.” They dealt with several bad contractors and other issues that caused them to sell the property...
Read More »Gnosis Launches New Product Offerings to Aid Self-Custodial Crypto Spending
CoinspeakerGnosis Launches New Product Offerings to Aid Self-Custodial Crypto Spending Gnosis is keen on showcasing to the entire world how Web 3.0 can be used to bridge the gap between self-custodial crypto wallets and traditional payment methods. Gnosis Launches New Product Offerings to Aid Self-Custodial Crypto Spending
Read More »zkSync Era Announces New Proof System Boojum
CoinspeakerzkSync Era Announces New Proof System Boojum In an official announcement, zkSync highlighted the properties attributed to Boojum, which includes PLONK-style arithmetization. zkSync Era Announces New Proof System Boojum
Read More »JPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer
CoinspeakerJPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer The report highlights that the rapid growth in the Bitcoin hashrate is unlikely to continue at the same pace after the halving event. JPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer
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