The Ethereum price is facing a significant struggle to recover above the $3,360 resistance zone. Despite attempts to bounce back, ETH is now showing signs of more losses below the $3,300 and $3,250 levels. This indicates that the cryptocurrency is encountering numerous hurdles in its path to a successful recovery. Ethereum is encountering many hurdles
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After numerous promises by Coinbase CEO Brian Armstrong, the US-based crypto exchange is finally making strides towards integrating the Bitcoin Lightning network. In a recent statement on April 3rd, Lightspark, a lightning network-based payment infrastructure provider, announced that they were selected by Coinbase to assist with the integration process. As part of the partnership, Coinbase
Lithuania is planning to implement strict licensing requirements for cryptocurrency firms by 2025. The goal is to regulate the industry more effectively as digital assets become more integrated into the financial system. According to Central bank board member Simonas Krepsta, the current number of 580 active firms in the country is expected to decrease significantly
The recent decline in Bitcoin’s price, dropping below $67,000, has sparked concern among investors. However, crypto analyst Michael van de Poppe sees this as a perfect opportunity for the crypto community to buy more Bitcoin. He believes that the current dip presents a chance to acquire BTC at a lower price, which could be beneficial
The latest buzz in the cryptocurrency market revolves around a Solana meme coin called Wally the Whale token. In just 24 hours, WALLY has experienced an astronomical increase of 44,510%, capturing the attention of investors worldwide. The coin’s current trading price sits at $0.00000216, showcasing the volatile nature of meme coins in the digital asset
The recent cryptocurrency market turmoil, triggered by a brutal April Fools’ Day price crash, has left XRP reeling from significant losses. Within a span of 24 hours, a staggering $6 million in XRP contracts were liquidated, signaling a wave of panic selling among traders. The sharp decline in XRP’s price was catalyzed by Bitcoin’s sudden
Decentralized taxi app DRIFE has recently announced the integration of Sui blockchain into their platform. This move aims to enhance the onboarding process for their ride-hailing users in India and the UAE. By utilizing the features of the Sui blockchain, DRIFE seeks to provide a seamless and transparent experience for both riders and drivers. One
KuCoin, a prominent cryptocurrency exchange, has recently faced legal challenges with US authorities. These challenges have had a significant impact on the exchange’s user assets, as evidenced by the latest proof-of-reserve certificate. The update shows a substantial decrease in users’ Bitcoin holdings, Ethereum balances, and Tether’s USDT on the platform. This decline indicates a loss
Data Ownership Protocol has successfully raised $162 million in a recent token sale, gearing up for its mainnet launch later this month. The protocol, which focuses on blockchain privacy, aims to bring “selective transparency to Ethereum” and has a large community of over 2.67 million users participating in its testnet. One of the key objectives
XRP price is facing challenges as it struggles to maintain a position above $0.620. In order to see a potential increase in the near future, it is crucial for the price to remain above the $0.5680 support level. Currently, XRP is slowly drifting lower from the $0.6620 resistance zone, trading below $0.620 as well as