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Main highlightsMonero XMR fell 4.13% on Monday. Monero XMR reversed its 2.77% gain from Sunday to end the day at $64.02.At a late morning intraday high of $66.97, Monero’s XMR fell below the first major resistance level at $68.14.Monero’s XMR hit an intraday low of $63.55 and fell below the first major support level of the day at $64.89.The long-term bearish trend that formed with the swing to $298 in late April remains firmly in place. Monero’s XMR remains well below its 23.6% FIB of $99 for 2015.th The swing low for December is $37.18.How to buy XMR on MoneroXMR…

On Thursday, Sam Bankman Fried walked into a Manhattan courtroom to conclude his criminal trial, hoping to receive only a few years in prison for charges related to the collapse of a cryptocurrency exchange. Instead, Judge Lewis Kaplan opted for a harsher punishment, sentencing the 32-year-old to 25 years in prison. “The sentence must properly reflect the seriousness of the crime, and this was a very serious crime,” Kaplan said. Once one of the most powerful figures in the high-flying cryptocurrency industry, Bankman Fried's astonishing rise and fall has captivated the public, with the FTX founder going from billionaire prodigy…

Partner Content CryptocurrencyEthereum (ETH) and WAX stand out in the cryptocurrency space due to their unique approaches to blockchain technology. Ethereum is widely known for its widespread use in decentralized applications and as a pioneer in smart contract technology. In contrast, WAX specializes in his NFT and gaming space, offering unique solutions for digital collectibles. This article aims to provide a thorough analysis. ETH to WAX Highlight the platform's technical differences, strengths, and specific use cases. Through this exploration, we will uncover how Ethereum and his WAX each contribute to the broader blockchain ecosystem in their own way. technical basics…

Cryptocurrency investment company Bitwise today applied to the Securities and Exchange Commission (SEC) to offer a Spot Ethereum ETF. Bitwise joins an increasingly crowded field of companies vying to bring the first Ethereum Spot ETF to market, following the successful launch of the Bitcoin Spot ETF earlier this year. According to the S-1 registration form filed by Bitwise, the proposed “Bitwise Ethereum Trust” will hold Ethereum (ETF) and invest a portion of the fund’s assets through a trusted staking provider to earn additional rewards. It is said that there is a possibility of staking the portion. Staking, which is under…

BlockDAG NetworkLONDON, UK, March 28, 2024 (Globe Newswire) — Cryptocurrency mining has long come under scrutiny for its excessive energy consumption and associated environmental impact. In 2022, the White House found that crypto assets will account for 0.4% to 0.9% of the world's total annual electricity consumption, exceeding the energy use of some individual countries.However, a recent study published in the journal PNAS proposes a partnership between crypto mining and green hydrogen production as a potential means of accelerating the transition to clean energy while promoting broader adoption. We offer In this article, we will delve into the dynamics of…

BlackRock CEO Larry Fink shared his insights on the financial markets and highlighted his optimism for Bitcoin's future. Fink, who heads the world's largest asset management company, expressed his bullish stance on Bitcoin, which has seen a significant rise in value. This enthusiasm is rooted in the growth of market liquidity and transparency in cryptocurrencies, factors that have pleasantly surprised financial moguls. BlackRock CEO Larry Fink is bullish on Bitcoin Larry Fink's comments are a valuable glimpse into the thinking of a major figure in traditional financial markets. His observations reflect the increasing acceptance of cryptocurrencies in mainstream finance. Bitcoin's…

Authorities are reportedly investigating billions of dollars in cryptocurrency transfers through a Russia-based exchange. investigation Payments of over $20 billion The move is part of efforts by the United States and Britain to crack down on sanctions evasion amid Russia's war in Ukraine, Bloomberg News reported on Thursday (March 28), citing sources familiar with the matter. According to the report, the transactions in question went through Garantex, a Moscow-based cryptocurrency exchange, and used dollar-pegged digital currencies. tether. Sources said the transfers were made after Galantex was sanctioned by the United States and Britain for allegedly facilitating financial crimes and illegal…

Funding • March 28, 2024, 3:24 PM EDT issued 1 minute ago upon Updated: March 28, 2024, 3:30 PM EDT Bitwise has applied for the right to issue a Spot Ether exchange-traded fund, despite questions swirling about when the Securities and Exchange Commission will give the green light to such a product.Bitwise files S-1 form Thursday in collaboration with the SEC on something called the Bitwise Ethereum ETF. The move follows comments made by the company's CIO Matt Hogan earlier this month. It might be better if the SEC does not approve the new product in May, when the SEC…

MicroStrategy stock is doing great, with prices hitting new highs. Bitcoin rapidly increasing. Bitcoin Development Company stock (MSTR: NASDAQ) is currently priced at $1,746 per share, up 615% since the beginning of the year. However, investment management firm Kerrisdale Capital said in a new report that prices are now “carrying away” and will continue to fall.with title “Know when to HODL, know when to FODL,” the company said, adding that the price of MSTR compared to Bitcoin is no longer justified. “We are long Bitcoin and short the stock of MicroStrategy, a Bitcoin agent that trades at an unfair premium…

Welcome to Michael Kramer's top three market events to watch for the week starting Monday, April 1 (below). Also check out his video preview of the week ahead (above) from RRG Research's Trevor Neal. The first week of April is full of economic indicators that look back on March. You won't have to wait long either, with the March ISM Manufacturing Report on April 1st, followed by the Eurozone CPI Inflation Report on April 3rd, the ISM Services Report on April 3rd, and the March ISM Manufacturing Report on April 5th. The US employment report for the month is released.…