The price of Ethereum (ETH) has continued to decline since hitting a high of $2,720 on January 12. The downward trend lasted for 11 days. ETH has been trading within a horizontal range for the past 61 days. Will it explode or collapse? Ethereum fails to clear resistance Technical analysis on weekly time frames shows that ETH has increased since June 2022. During this period, three higher lows (green icons) were created, with each subsequent acceleration of the increase. Ethereum price growth peaked in January 2024 at a high of $2,720. The high exceeded the 0.382 Fib retracement resistance level…
Author: Crypto Flexs
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A U.S. district judge ordered Ripple to disclose financial and institutional sales data for XRP, a significant victory for the SEC amid allegations of unregistered sales. A U.S. district judge recently issued an important ruling in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple. Ripple ordered to release more detailed financial information and data on XRP institutional sales. This decision is interpreted as a victory for the SEC, which has been in litigation with Ripple for over three years. The lawsuit centers around allegations that Ripple engaged in unregistered sales of XRP tokens, claims that…
Even amid market volatility, activity on Lido continued to surge. Interest in stETH and LDO tokens has decreased. Lido (LDO) has maintained its dominance in the DeFi sector for quite some time. Despite securing the top spot in the DeFi sector, Lido Protocol’s growth has shown no signs of stagnating. growth in every way Lido’s growth was highlighted by a significant surge in the number of daily active addresses within its network. Recent data shows a 718% increase in daily active users on Lido over the past three months, highlighting the significant expansion and engagement within the platform. Lido has…
join us telegram A channel to stay up to date on breaking news coverage The Ethereum Name Service price has surged 13% in the past 24 hours, trading at $21.51 as of 2:13 AM ET. Trading volume has increased by almost 240%, and all signs point to increased interest and interest in the token. This follows a recent collaboration between US publicly traded internet registry GoDaddy and the Ethereum Name Service. The integration will see both networks linking their domains with crypto wallets. We are excited to announce our partnership with: @godaddy 🎉 DNS domains are now available to millions…
Posted 1 minute ago In ~ Layer 2 startup LightLink has secured seed funding of $4.5 million in a round led by Thai media company T&B Media Global and property developer MQDC.According to a statement, LightLink’s technology will help support a “multiverse project” called Translucia that “blends the virtual and real worlds” and will receive $300 million in funding from T&B Media Global MQDC.“This is an ideal alignment driven by our shared goal of building an interconnected and user-friendly digital world that shares happiness in the world,” said Dr. Jwanwat Ahriyavraromp, founder of Translucia and CEO of T&B Media Global.Other…
Cryptocurrencies have emerged as a revolutionary form of decentralized and secure digital currency. ByteCoin is one of the major cryptocurrencies that has gained popularity in recent years. In this comprehensive guide, we will uncover the untold secrets of ByteCoin and provide you with the ultimate guide to achieving cryptocurrency success. What is Bytecoin? ByteCoin is a private, untraceable cryptocurrency launched in 2012. It works based on the CryptoNote protocol, which ensures user privacy and security. ByteCoin is designed to be fast, anonymous, and secure, making it an attractive option for individuals and businesses looking to transact securely over the Internet.…
Hello Ethereum! Here are the latest updates from the ethereum.org team: Help us support 30 languages! Over the past six months, the global Ethereum community has translated Ethereum.org into 23 languages. Currently, traffic to non-English pages accounts for more than 20% of all traffic.. Over the next two months, we would like to increase the total number of supported languages ​​to more than 30. If you are a speaker of the language ~ no We’re currently supporting it on ethereum.org, so we’d love your help! We are specifically looking for native speakers of the following languages: Vietnamese, Thai, Danish, Norwegian,…
Three Haru Invest executives were arrested on charges of embezzling customer funds. Allegations were made that executives misappropriated funds after falsely advertising the platform. A class action lawsuit has been filed seeking clarity on the investigation. A day after Montenegro extradited Terraform Labs CFO to South Korea, South Korean authorities arrested several executives of cryptocurrency yield platform Haru Invest on charges of embezzlement. The arrests follow the suspension of platform withdrawals in June 2023, leaving investors unable to access their funds. Prosecutors alleged that the executives stole about 1.1 trillion won worth of cryptocurrency from thousands of Haru Invest customers,…
Base Network has built a new Ethereum Layer 2 network and stands out in that it can handle a large number of transactions and is made even more powerful by its connection to Coinbase. Coinbase is a globally well-known cryptocurrency exchange and company. They play an important role in the digital currency world by handling various types of cryptocurrencies. Imagine Base Chain as a game changer that solves Ethereum’s expensive transaction problem. It aims to make transactions cheaper while keeping everything in the Ethereum world secure. The fact that it is connected to the famous Coinbase, which has been providing…
British Columbia’s Supreme Court upheld a temporary power outage for new cryptocurrency mining operations, emphasizing the government’s role in balancing energy needs and sustainability goals. On February 2, 2024, the Supreme Court of British Columbia ruled in favor of the Lieutenant Governor of Council, upholding an Order of Council (OIC) temporarily suspending BC Hydro’s obligation to power new cryptocurrency mining operations for 18 months. . The ruling handed down by Judge Tammen dismissed the petition by Conifex Timber Inc., a forestry company aiming to diversify into high-performance computing data centers primarily for cryptocurrency mining. background of the incident The controversy…