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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
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
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