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Ethereum has embarked on a new upward trajectory and surpassed the key resistance level at $2,335. Currently, ETH is eyeing further upside above the resistance at $2,420. The cryptocurrency began its latest ascent from the $2,280 resistance zone before finally breaking through the $2,320 and $2,350 barriers. Despite Bitcoin’s notable 5% rally, Ethereum struggled to fully mirror its strength. Still, ETH has shown encouraging signs by clearing the 76.4% Fib retracement level of the previous downtrend and advancing above the swing high of $2,392.A reliable partner ✅ Currently, Ethereum is trading above $2,350 and the 100-hourly simple moving average. Additionally,…
$DEGEN AIRDROP Art by Michael MartinezGo to the airdrop page: Find and visit the official airdrop page.$DEGEN GuideConnect your cryptocurrency wallet: Connect your wallet to the airdrop service.Authorize the transaction: Please check the transaction required to receive the airdrop.Safety is paramount in the cryptocurrency world, and in this article we will be taking a closer look at the frequent scams surrounding the $DEGEN airdrop and giving advice on how to avoid them.Phishing scams: Fake websites and social media accounts ask for your private key or seed phrase. (Coinary) (OKX)Scam Token: Counterfeit tokens are transferred to your wallet with a message…
XRP price could rise towards all-time highs if it maintains its dominance in the global cryptocurrency market cap of $12 trillion. The global cryptocurrency market capitalization has been increasing since the launch of premier crypto assets. BitcoinThis impressive growth is due to two factors: the launch of new assets bringing additional capital into the market, and the influx of new capital has resulted in higher prices for existing assets. Global cryptocurrency market size According to market data, the global cryptocurrency market capitalization fell to a low of $2.12 billion in February 2015. However, as of January 2018, the market cap…
Bitcoin broke out and closed above the 100-day EMA near $60,781, turning attention to further upside. Ethereum price is approaching the key resistance level of $2,461 and a close above this will suggest bullish activity. Ripple price has bounced off the 100-day EMA at $0.554, indicating a continuation of the uptrend. Bitcoin (BTC) and Ripple (XRP) are eyeing upside as they break through resistance barriers and find support around them, while Ethereum (ETH) is showing signs of recovery as it nears a key resistance level, suggesting that a successful breakout could be in the cards for an upside rally. Bitcoin…
“Daily Show” correspondents Ronny Chieng and Michael Costa sounded the alarm on Wednesday night's show about Donald Trump's latest attempt to “scam” his most ardent supporters: a new cryptocurrency venture called World Liberty Financial. “Donald Trump, the most trusted businessman in the world, is now entering the most trusted business in the world, the cryptocurrency industry,” Qian said, asking Trump, an “expert” on fraud and cryptocurrency, for advice. Tsien cited past comments by the former president in which he attacked cryptocurrencies such as Bitcoin as a “scam” and “baseless.” Chien looked more closely at the other people behind the operation…
The Federal Reserve cut interest rates for the first time since March 2020, a move aimed at combating inflation and economic uncertainty. what happened: The rate cut was widely expected and was seen as having an 85% chance of happening before the announcement. This expectation led to a bullish reaction in both the cryptocurrency and traditional stock markets. However, prices quickly reversed course as traders executed their buy orders. Santiment says this pattern is common: Ethereum ETH/USD Merged Bitcoin BTC/USD Halving. Traders often get excited expecting prices to skyrocket, only to be surprised when prices eventually fall back down. Despite…
The number of institutional and corporate investors joining cryptocurrency exchange Binance’s platform has grown by 40% this year, CEO Richard Teng said in an interview with CNBC’s Lingling on Wednesday.”Institutional investment in crypto is just the tip of the iceberg. It's still early days because many institutional investors are still doing their due diligence,” Teng said on the sidelines of the Token2049 conference in Singapore. He took over as CEO in November 2023.”So, just with our company alone, we've seen a significant increase in institutional and corporate investors. This year alone, we've seen a 40 percent increase in new entrants…
The announcement comes days after he announced the launch of decentralized finance (DeFi) platform World Liberty Financial in an interview. Decryption According to our sister company LaGradio, former US President Donald Trump Public Key A bitcoin bar in Manhattan on Wednesday.Bitcoin supporters at the bar helped Trump through the process, including scanning a QR code with their smartphones to approve the transaction. After a moment of uncertainty about whether the transaction had gone through, one of the men helping Trump said, “Yep, it went through!”During a stop at a Bitcoin-themed bar in New York, President Trump expressed hope that the…
SEC Chairman Gensler Suggests Continued Oversight of Cryptocurrencies On Wednesday, September 18, SEC Chairman Gary Gensler strengthened his position on cryptocurrency regulation in an interview with CNBC. Gensler emphasized the need to protect retail investors, stating: “This space is rife with scammers, fraudsters and con artists. It always has been. This space is not inconsistent with the basic protections that are in the securities laws, which means that investors still need to have basic protections when they put something on an accounting ledger or a record ledger that we call the blockchain. […] So there is a lot of clarity…
According to the data, the Ethereum ecosystem continues to maintain its number one position in terms of development activity, surpassing the likes of BNB and Polygon. The Ethereum ecosystem grew 0.8% over the past year. In a new post on X, analytics firm Santiment discussed how the growth of development activity in various cryptocurrency ecosystems over the past 12 months compared to each other. “Development activity” here essentially refers to the total amount of work that developers of a particular project are putting into their official GitHub repository. In the context of the current discussion, what is important is not…