Ethereum saw a brief surge above $3,000 this week, marking a 4% increase in price. However, the cryptocurrency soon entered into a correction phase, potentially re-testing the key support level at $2860. To sustain the bullish momentum, buyers must defend the support and push the price back above $3,000. Failure to do so could invite
Crypto
The price of Bitcoin (BTC) has recently surged past the $52,000 mark, sparking optimism among investors. The well-known cryptocurrency analyst, Titan of Crypto, has predicted a potential “Bull Flag formation” for Bitcoin in the near future. According to Titan of Crypto, Bitcoin is currently retesting the Tenkan indicator, with a near-term price target set at
Kraken, a prominent cryptocurrency exchange, recently found itself embroiled in legal action initiated by the US Securities and Exchange Commission (SEC). The charges brought against Kraken were said to be a response to the firm’s vocal advocacy for regulatory boundaries within the digital asset industry. In a blog post dated February 22, Kraken revealed that
The SHEboshi NFTs, which are associated with the popular meme coin Shiba Inu (SHIB), witnessed a lightning-fast success. With all 20,000 collectibles sold out in less than three hours post-launch, it is evident that there was a huge demand for these digital assets. Initially priced at 0.05 ETH each, the floor price of SHEboshi NFTs
House Majority Whip Tom Emmer recently raised concerns about government agencies under the Biden administration starting to collect data on Bitcoin mining firms. Emmer criticized the Office of Management and Budget (OMB) for approving a request from the Energy Information Administration (EIA) to implement an information collection regime on the Bitcoin mining industry without a
South Africa recently announced ambitious plans to integrate digital payments and cryptocurrencies into its financial system in an effort to stimulate economic growth, particularly for marginalized communities. This move is outlined in the country’s 2024 budget, highlighting the government’s commitment to fostering a digital economy through collaboration between the public and private sectors to drive
In the fast-paced world of cryptocurrency trading, AI-themed coins have been taking the spotlight. With notable coins such as Worldcoin (WLD), SingularityNET (AGIX), and Render (RNDR) experiencing significant price increases of 25-40% in just 24 hours, investors are flocking to these projects in search of quick gains. DEXTools, a popular platform used by crypto degens
Bitcoin’s price has been a topic of much speculation and analysis, especially as it hovers around the $52,000 mark. While many traders focus on price movements, a deeper dive into Bitcoin’s liquidity reveals a complex ecosystem that underpins the market. CryptoSlate, in collaboration with Kaiko, has delved into the intricate dance of buy and sell
Binance, the leading cryptocurrency exchange, recently announced the expansion of its margin trading options. The new additions included several new pairs and borrowable assets. This move was aimed at enhancing the user trading experience and providing more choices for traders on the platform. The new margin trading pairs added by Binance include ADA/USDC, AVAX/USDC, MATIC/USDC,
In a recent analysis by Spot On Chain, a significant Ethereum whale has been identified engaging in notable accumulation activity that has caught the attention of the ETH community. The whale address in question has reportedly purchased a total of 64,501 ETH over the past three days, translating to a substantial $187 million at current