The Ethereum price is currently facing challenges as it tries to climb above the $2,200 and $2,250 levels. If the cryptocurrency fails to gain momentum and experiences a clear move below the $2,120 support, it could potentially enter a bearish phase. This article will analyze the current status of Ethereum and provide insights into possible
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The renowned communication firm Pomilio Blumm has recently launched an initiative called “Curriculum on Chain,” which aims to revolutionize the authentication and validation of academic achievements through the use of Non-Fungible Token (NFT) technology. This forward-thinking project has garnered attention for its potential to transform the way educational certificates, diplomas, and awards are verified and
Revolut, a financial technology company, has announced its intention to suspend cryptocurrency purchases for its business clients in the United Kingdom. The decision comes as a response to the new regulations on crypto promotion set by the UK’s Financial Conduct Authority (FCA), scheduled to take effect in January 2024. This article aims to critically examine
The world of cryptocurrencies is constantly evolving, and keeping a close watch on whale activity can lead to exciting investment opportunities. Whales are influential traders and investors who have the resources to thoroughly research upcoming projects. When these whales start accumulating a token before its launch, it is a strong indicator that they believe in
FTX Trading Ltd. has announced a groundbreaking settlement with its Bahamas-based subsidiary, FTX Digital Markets, to tackle the challenges stemming from the collapse of the FTX group in November 2022. This marks a significant step forward in addressing the fallout from the collapse and aims to provide compensation to affected users. Under the settlement terms,
Modex’s recent collaboration with FIFA+ Collect Club has taken the world by storm, demonstrating the immense potential and appeal of merging digital art with football fandom. In a remarkable display of enthusiasm, the limited edition FIFA+ Collect Club NFT Membership Cards, priced at $999, sold out within just three hours of their release. This overwhelming
Upon reviewing the latest analysis video by the cryptocurrency analyst behind More Crypto Online’s YouTube channel, it is acknowledged that ADA’s price has shown signs of upward momentum. However, the analyst remains skeptical about the sustainability of this uptrend. The main reason behind this skepticism is the lack of evidence presented in the recent green
In a surprising turn of events, the ZKGROK token ($ZKGROK) has experienced an overnight surge of 130x. This unprecedented increase has catapulted the token to the third spot on DEXtool’s hot pairs. The remarkable performance can be attributed to the ZKGROK token’s association with the well-known GROK token, which gained traction in November and operates
The United States Securities and Exchange Commission (SEC) has recently announced a delay in the decision to approve Ethereum exchange-traded funds (ETFs) from several asset management firms. This news has generated significant interest within the crypto community and has raised questions about the future of ETFs in the cryptocurrency market. The SEC has issued delay
After a tumultuous few days in which Bitcoin struggled to overcome the $43,000 level, the primary cryptocurrency finally experienced a notable leg-up. In the past several days, Bitcoin traded south, dropping to around $40,500, and failed to make significant progress. However, the bears were outnumbered as the bulls came out to play, resulting in a
BlackRock, one of the prominent asset managers in the financial industry, has submitted a new amendment to its S-1 filing for the iShares Bitcoin Trust – a spot Bitcoin ETF. This filing, made on December 18, brings several noteworthy changes and provides insights into recent discussions between BlackRock and the U.S. Securities and Exchange Commission
Bitcoin’s recent rally above $44,000 was met with resistance at nearly $45,000, leading to a significant price retracement. Market analytics platform CryptoQuant suggests that profit-taking by a specific group of investors might be responsible for this downward trend. By analyzing on-chain data, CryptoQuant’s analyst Yonsei discovered that short-term holders and the investor cohort holding their
Aurory (AURY), a blockchain-based tactical Japanese role-playing game built on Solana (SOL), recently experienced a significant liquidity loss in its Camelot’s AURY-USDC pool. This loss was the result of a hack on the SyncSpace bridge, which allowed the unauthorized withdrawal and subsequent market sale of approximately 600,000 AURY tokens on the Arbitrum (ARB) network. In
Bonk Inu (BONK), the latest sensation in the cryptocurrency market, has been generating substantial buzz recently. With its rapid price swings and association with Solana, BONK has caught the attention of many, including Arthur Hayes, the co-founder of BitMEX. Hayes took to Twitter to praise BONK’s valuation performance and even suggested that it could surpass
The UK Treasury has recently taken a significant step forward in creating a conducive environment for innovation in the crypto industry through the introduction of Digital Securities Sandbox (DSS) regulations. These regulations, aimed at overcoming existing regulatory obstacles, will enable companies and regulators to test new technologies in financial markets, particularly distributed ledger technology (DLT)
Bitcoin, the leading cryptocurrency in terms of market capitalization, is experiencing a setback after a series of gains. This recent retracement could potentially push the price back down to the $30,000 range. As of now, Bitcoin is trading at $40,950, reflecting a 2% loss in the past 24 hours. On a weekly basis, the cryptocurrency
Keywords Studios, a leading provider of technical services to the global video game industry, has recently acquired The Multiplayer Group (MPG), the gaming division of Improbable, in a deal worth £76.5 million ($97.1 million). This strategic move allows Keywords Studios to enhance its ‘Create’ division by incorporating MPG’s extensive expertise in multiplayer game development. With
The cryptocurrency market has been experiencing a significant pullback after a month-long rally, but amidst this downturn, a few altcoins have managed to defy the bearish trend. Stacks (STX) is one such altcoin that has not only resisted the market’s downward pressure but also continued to show positive momentum. According to Coingecko, STX has witnessed
The fear of missing out (FOMO) is a powerful force that drives activity among seasoned crypto investors. When new cryptocurrency projects announce token presales, FOMO often strikes, leading to a frenzy of speculative investments chasing potential exponential gains. The recent price action surrounding BRC20 projects like Multibit (MUBI) and rats Ordinals (RATS) has only magnified
Revolut, a popular financial technology company, has recently announced a temporary halt to its cryptocurrency trading services for its business clients in the United Kingdom. The decision comes in response to projected regulatory modifications set to be implemented in early 2024. This move reflects Revolut’s commitment to adapt its business crypto offerings to meet the
Shiba Inu (SHIB) has been experiencing a significant decline in performance, resulting in a major drop in price. Following a rejection from upper trendline resistance, the SHIB price fell by 11%, leading to concerns among investors who are now questioning whether SHIB will plummet to zero. This downward movement has prompted a large amount of
In an industry filled with uninspiring titles and repetitive gameplay, SpaceCatch is defying the norms and revolutionizing the gaming industry. This blockchain-based game combines cutting-edge technologies like blockchain, Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence (AI) to create an immersive and innovative gaming experience. With its unique features and groundbreaking concept, SpaceCatch is
Cryptocurrency analyst behind the Austin Hilton YouTube channel recently shared a bearish near-term outlook for Cardano (ADA) token. This article will explore the reasons behind the analyst’s predictions and the potential impact on the market. The analyst’s analysis heavily relies on the Elliott Wave Analysis, which is a technical analysis method that predicts future price
Bitcoin’s remarkable performance in the market this year has sparked speculation among experts and analysts about the potential for the cryptocurrency to reach new heights. One analyst who believes in the possibility of Bitcoin skyrocketing to an impressive mark of $100,000 is DonAlt, the creator of the popular YouTube channel Technical Roundup. DonAlt suggests that
In a momentous turning point for the blockchain industry, Solana’s decentralized exchanges (DEX) briefly overtook Ethereum’s trading volume on December 16. According to data from DeFillama, Solana’s DEX trading volume reached $1.536 billion, surpassing Ethereum’s $1.164 billion during this period. The community celebrated this milestone, with Anatoly Yakovenko, Solana’s co-founder, expressing his excitement by stating,
FTX Debtors recently filed an amended Chapter 11 reorganization plan on December 16th, which has raised concerns about potential financial losses for the defunct crypto exchange’s creditors. The plan proposes valuing the creditors’ claims at the crypto prices on November 11th, 2022, the day FTX filed for bankruptcy. This decision seems questionable, especially considering the
FTX Debtors recently submitted an amended Chapter 11 reorganization plan, putting the spotlight on the potential losses that the defunct cryptocurrency exchange’s creditors may face. The plan suggests valuing the claims of these creditors based on the cryptocurrency prices recorded on November 11, 2022, the day FTX filed for bankruptcy protection. Unfortunately, this particular date