The price of Ethereum plunged more than 10% before an uptrend emerged near $2,550. ETH has surpassed $3,000 again and now faces a number of hurdles near $3,200. Ethereum is attempting to recover from the $2,550 support zone. The price is trading below $3,250 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a rising channel with resistance forming at $3,200. A stay above the $3,000 support area could provide bullish momentum. Ethereum Price Eyes Recovery Wave Ethereum price began to decline significantly from the $3,550 resistance level. ETH fell more than 10%…
Author: Crypto Flexs
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In Ethereum news, the second-largest cryptocurrency has surged following news of a potential ETF launch later this year. It is tracking Bitcoin, and if the ETF is approved, the price of ETH will absolutely explode. Aptos (APT) has made significant gains over the past month. So what does the future hold for this altcoin? And with pre-sale ready, what about Raboo, a new cryptocurrency that aims to transform the meme space? Ethereum (ETH) could follow Bitcoin’s lead. Now in its third bull cycle, Ethereum remains a pioneering force in the blockchain sector. ETH is a key player in continuous evolution,…
Posted 1 minute ago In ~ Updated: April 15, 2024, 8:06 AM EDT Germany’s Landesbank Baden-Württemberg has announced plans to offer institutional and corporate clients an “investment-as-a-service” infrastructure for storing and procuring cryptocurrencies.Germany’s largest federal bank has partnered with Austria-based Bitpanda exchange to implement a new cryptocurrency custody service. We plan to launch a storage pilot in the second half of 2024, which will initially include storage and trading of Bitcoin and Ethereum.Partnership between LBBW and BitpandaStefanie Münz, LBBW board member, said the partnership with Bitpanda will provide LBBW with the technical and regulatory infrastructure to offer new digital asset…
Amidst the volatile environment of the cryptocurrency market, Australian lawyer Bill Morgan said: voice There are concerns about XRP’s behavior against notable crypto assets such as BTC, pointing to its extremely poor performance over time. XRP vs. Bitcoin plummeted in all periods. bill morgan’s report highlights how XRP has fared as the biggest cryptocurrency asset of 2021 and beyond. According to the lawyer, XRP’s performance relative to Bitcoin, Ethereum (ETH), and USD is now completely red for all time frames from 24 hours to 24 hours. Three years. His observations are a sobering reminder of the difficulties Token faces within…
OKX, a leading cryptocurrency exchange, announced the listing of dogwifhat (WIF) and cat in a dogs world (MEW) on its spot trading markets. Deposit and spot trading schedules are provided, allowing users to engage in trading activities with newly listed tokens. OKX, a well-known cryptocurrency exchange, recently announced plans to list two new tokens, WIF and MEW, on its spot trading market. The announcement highlights the deposit and spot trading schedule for these tokens, providing users with the opportunity to engage in trading activity. According to the announcement, WIF and MEW deposit services will be available starting at 7:00 AM…
“We are currently working at breakneck speed to introduce legislation to prepare a final proposal for our regime,” Mr Apolami said. “Once activated, all cryptocurrency asset activities, including exchange operations, customer asset management and other matters, will come within regulatory scope for the first time.”
Bitcoin price began to decline significantly due to Israel-Iran tensions. BTC fell to $60,500 and is currently attempting a recovery. Bitcoin is attempting a recovery from the $60,500 support zone. The price is trading below $65,500 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), there is a major upward channel forming with resistance at $65,850. A break above the $66,000 resistance area could provide bullish momentum. Bitcoin price recovery faces obstacles Bitcoin price began to decline significantly below the $70,000 level. BTC gained bearish momentum as tensions between Israel and…
Bankstown, Australia, April 15, 2024, Chainwire Xuirin Finance recently introduced the DeFi Card, an innovative solution designed to integrate the functionality of traditional debit and credit cards with the decentralized financial services provided by DeFi. The introduction of this card aims to facilitate everyday transactions using cryptocurrencies and strengthen integration with the global payments ecosystem. Overview of DeFi Cards by Xuirin Finance Xuirin Finance’s DeFi card allows users to use cryptocurrencies to engage in a variety of financial transactions, including online purchases, bill payments, and cash withdrawals from ATMs. This initiative is part of Xuirin Finance’s efforts to increase the…
The Solana network’s native cryptocurrency led the cryptocurrency market’s rebound after major tokens fell due to concerns about escalating conflict in the Middle East.Solana brush +7.73% It’s up more than 6% in the last 24 hours and was changing hands at $154.34 at 4:25 a.m. ET. During the same period, Bitcoin rose by 2.56% and Ethereum rose by more than 5%. Block’s pricing page. This was seen in the wider market. The total cryptocurrency market capitalization is 4.0% According to CoinGecko, its value over the past 24 hours now stands at $2.55 trillion. The GM 30 index, which represents the…
Cryptocurrency mining, an essential process for blockchain networks, is coming under increased scrutiny due to its environmental impact. This work explores the critical intersection of cryptocurrency mining and renewable energy and highlights the need to embrace sustainable practices within the sector. The growing emphasis on climate change in recent years has prompted a re-evaluation of various industries, and the cryptocurrency sector is no different. Addressing environmental impacts has become an urgent priority, with many arguing that a shift to environmentally friendly practices in cryptocurrency mining is not only a moral imperative but a strategic imperative for the continued survival of…