Bitcoin and Ethereum endured mixed moves on Saturday. ETH network updates still resonated as market participants waited for news about FTX debtors and creditors. Meanwhile, Sunday welcomes bullishness as investor resilience remained steady regardless of lingering uncertainty. Ethereum climbed by 0.50% yesterday, reversing Friday’s 0.33% slide to close Saturday at $1,205. Meanwhile, the leading alternative…
XRP kick-started another fall from the resistance of $0.40. Ripple hovered beneath $0.38 & 100 4Hr Simple Moving Average. A notable bearish trend is forming on the 4hr chart with an obstacle at around $0.371 (Kraken stats). Overpowering the hurdle at $0.388 can translate to massive uptrends for the altcoin. The remittance coin Ripple (XRP)…
ETH started a colossal plunge below the footholds of $1,180 & $1,170. That saw the alt wavering beneath $1,150 and the 100hr SMA. The 1hr timeframe shows a break under the bullish trend-line with footing at around $1,210. ETH/USD might correct losses, though risks of more plunges to $1K remain. Ethereum launched another downward move…
BTC stayed in the bearish territory following the FTX fall, plunging beneath $16K. BTC trades beneath $17.5K and 100hr SMA. A massive bearish line emerges with a resistance of around $16,500 on BTC’s 1hr chart. Failure to climb above $16.5K and $17K might trigger a continued downside. BTC price dropped more than 15% to explore…
Yesterday, a Japanese sportswear manufacturer, ASICS, announced the ASICS X SOLANA UI Collection launch. The kicks feature custom-made and limited-run GT-2000 11 running shoes. Also, the shoe owners will get a limited edition ASICS X STEPN GT-2000 Non-Fungible Token(NFT). ASICS’s partner, STEPN, began its operation in 2021. FindSatoshi Lab developed the smartphone app which runs…
The 2nd-leading crypto, Ethereum (ETH), saw massive price volatility after its merge upgrade. Nevertheless, the token’s price seemed to print a plateau within the past week. Furthermore, whales might stop supporting ETH. Further Outlook Large investors could have contributed to Ethereum’s price gains. CryptoQuant, an analytics provider, revealed that price spikes amidst low trading volume…
Ripple has finally received the long-sought documents and email messages from the Securities and Exchange Commission(SEC). The XRP crypto founders now find themselves as the defendants in the long-running legal battle with the regulatory board over its declaration that XRP is trading as an unregistered security. The revelations came on Thursday when Ripple’s general counsel,…
As blockchain firms keep up with evolving regulations, many must decide whether to wait for permission or launch without legal guidance and hope the regulators will forgive them. According to Teresa Goody Guillen, a former Securities and Exchange Commission attorney, companies could have an easier time with the regulators if they launch their networks in…
Ethereum soars gradually while trading beyond $1,300. The price wavered beyond $1,310 and 100-Hr SMA. There’s a crucial bullish line emerging with support at $1,320 on ETH/USD’s hourly chart. A decisive move past the resistance at $1,350 would welcome a bullish momentum. ETH Price Still Supported Ethereum stayed well beyond the $1,250 mark. It saw…
DappRadar data shows non-fungible tokens on the Ethereum blockchain led as far as top NFTs sales within the past 24 hours are concerned. A BAYC (Bored Ape Yacht Club) NFT dominated the list with sales amounting to 91 $ETH, valued at above $120,000. The question remains, does Ethereum have what it takes to emerge as…
Much to the disappointment of anticipations from different angles, price surges didn’t follow the highly-anticipated ETH Merge. Moreover, the Ethereum NFT marketplace should have ensured an optimistic impact. Nevertheless, that wasn’t the narrative since the leading altcoin migrated to PoS (proof-of-stake). CryptoSlam’s data shows Ethereum NFTs declined by 40.58% within the past 24 hours. The…
Most digital tokens have recorded losses after the much-awaited Merge. The overall market remained red during this publication, and leading performers aren’t showing a price gain signal. Many market players forecasted downtrend reversals after Ethereum’s move to the PoS mechanism. However, the outcome was the opposite. For example, Bitcoin maintained red in 1hr, 24hr, and…
You can now prove that you were into crypto before the Ethereum merge with a ‘Proof of Merge’ NFT. It has been made possible by developers at Andreessen Horowitz, a Web3 company. The Proof of Merge NFT features metadata that magically evolves as the Ethereum merge happens. How Will Proof of Merge NFTs Transform? Michael…
Ethereum seems prepared to overcome a crucial resistance in the coming week. The leading alt by market capitalization traded at $1,750 during this publication, following a 1.15% decline within the past 24 hours. Meanwhile, Ethereum explored double-digit gains as it awaits the anticipated Merge. The ETH community has reflected increased optimism, with most market participants…