Ethereum, the world’s second-largest cryptocurrency, is currently facing challenges in its attempt to climb above key resistance levels. With the price trading below $2,200 and the 100-hourly Simple Moving Average, investors are closely monitoring the market dynamics to gauge whether a bullish trend is imminent or if a bearish momentum will prevail. Difficulty in Breaking
The communication firm, Pomilio Blumm, has recently introduced an avant-garde initiative called “Curriculum on Chain.” This groundbreaking project aims to revolutionize academic certificates, diplomas, and awards by transforming them into Non-Fungible Tokens (NFTs). The main objective is to establish a secure and seamless method for verifying and authenticating educational accomplishments. Embracing this cutting-edge certification system,
Financial technology company Revolut is reportedly making adjustments to its cryptocurrency services in response to new regulations imposed by the UK’s Financial Conduct Authority (FCA). Starting from January 2024, Revolut will temporarily suspend cryptocurrency purchases for its business clients in the United Kingdom. This move is aimed at ensuring compliance with the FCA’s updated rules
Modex’s groundbreaking partnership with FIFA+ Collect Club has captured the attention of both digital art enthusiasts and football fans alike. In a matter of mere hours, their exclusive NFT drop, the FIFA+ Collect Club NFT Membership Cards, completely sold out, highlighting the immense demand for this unique fusion of art and fandom. Now, Modex is
FTX Trading Ltd. recently announced a major development in addressing the challenges stemming from the collapse of the FTX group in November 2022. The settlement involves its Bahamas-based subsidiary, FTX Digital Markets, and is subject to the approval of the U.S. Bankruptcy Court for the District of Delaware and the Supreme Court of The Bahamas.
When it comes to the crypto market, paying attention to whale activity can provide valuable insights and potentially lead to lucrative opportunities. These influential traders and investors possess significant resources and often conduct in-depth research on emerging projects. Whales accumulating a token prior to its launch is a strong indicator that they have identified a
The outlook for Cardano (ADA) token remains uncertain as analysts show caution amidst recent price movements. While there has been some upward momentum in ADA’s price, skepticism remains about a sustained uptrend. In this article, we will explore the analysis of a cryptocurrency analyst and examine the potential short-term scenarios for ADA’s price. The cryptocurrency
The United States Securities and Exchange Commission (SEC) has recently announced a delay in its decision regarding the approval of Ethereum exchange-traded funds (ETFs) from various asset management firms. The SEC has received applications for Ethereum ETFs from Ark Invest/21Shares, VanEck, and Hashdex, all of which are currently under consideration by the securities regulator. This
The ZKGROK token, based on ZKsync, has experienced a sensational overnight skyrocket, surging 130x in value. This remarkable pump has brought the unlikely token into the spotlight on DEX markets, where it now holds the impressive position of #3 on DEXtool’s hot pairs. In recent times, AI narrative-based tokens, like ZKGROK, have been gaining significant
After enduring a challenging few days of trading, bitcoin experienced a much-needed boost as its price soared past $43,000. The primary cryptocurrency had been struggling to overcome the $43,000 level over the weekend, leading to a decline in its value to around $42,000. Monday morning brought even greater concerns as bitcoin dropped further to a
