Ethereum’s price has recently demonstrated notable resilience, particularly after bouncing back from the critical support level of $3,500. This recovery comes after days of navigational struggles within a defined range between $3,500 and $4,000, where periodic consolidations are to be expected. The market appears poised to test the psychological $4,000 resistance imminently, a threshold that
Crypto
The cryptocurrency landscape has been particularly volatile, but one constant remains: Bitcoin’s unpredictable ascent. Recently, the Bitcoin price has been consistently testing resistance levels that hover just above $95,000 as it strives to breach the formidable $100,000 mark—regarded as a psychological barrier in the crypto community. As of late, Bitcoin reached a promising peak of
Ethereum, one of the leading cryptocurrencies in the market, has recently experienced a notable increase in its price, surpassing the $3,500 mark for the first time since July 2024. This rise reflects a significant shift in market sentiment after a relatively sluggish period in early November of that year. However, as traders embrace this upward
In a significant move reflecting the tightening grip of regulatory measures in the crypto sector, Coinbase has announced the cessation of rewards for USD Coin (USDC) holders situated in the European Economic Area (EEA). Effective from November 1, the exchange’s decision is primarily driven by the impending implementation of the Markets in Crypto Assets (MiCA)
The ongoing challenges surrounding the importation of Antminer ASIC miners into the United States have raised significant concerns within the cryptocurrency mining community. Reports indicate that the US Customs and Border Protection (CBP) is currently holding several shipments of these devices at various ports, leading to substantial delays and financial strain for affected companies. The
Ethereum is currently navigating a turbulent phase in which it has encountered significant resistance at the $3,659 mark. Following a period of consistent upward momentum, the cryptocurrency appears to have transitioned into a consolidation stage. This shift has sparked debate among traders and analysts about whether Ethereum’s previous rally is losing its momentum or merely
The cryptocurrency landscape continually fluctuates, and Cardano (ADA) has recently attracted attention due to its promising market signals. CoreCrypto, a notable crypto analyst, has underscored a significant bullish momentum, suggesting that ADA’s price might soon witness a substantial breakout. This forecast is bolstered by the identification of a bull flag formation, typically indicating a continued
November 2024 revealed a striking trend in the cryptocurrency sector, as hacks represented an astonishing 99.96% of all reported losses in the industry. This statistic, illuminated by a comprehensive report from Immunefi published in collaboration with CryptoPotato, indicates an increasingly alarming trend: the decentralized finance (DeFi) space is facing relentless attacks from hackers. Despite an
Stablecoins, currently valued at less than $200 billion in market capitalization, represent a minor fraction of the global financial landscape—only about 1% of the U.S. money supply and foreign exchange transactions. Despite their limited presence, a recent report from Standard Chartered and Zodia Markets indicates noteworthy potential for growth. This report, entitled “Stablecoins: The First
In recent weeks, the Solana blockchain community experienced significant vexation due to transaction delays when using Coinbase. Reports emanating from users on social media platform X indicated that transactions could linger for as long as 45 minutes—an astonishing duration in a sector where speed is often equated with efficiency. Compared to other blockchain networks like