In recent discussions surrounding the evolution of financial structures, notable voices such as Federal Reserve Governor Christopher Waller have underscored the premise that decentralized finance (DeFi) is unlikely to supplant traditional financial systems in their entirety. Speaking at the Vienna Macroeconomics Workshop on October 18, Waller navigated the complexities of integrating DeFi into the existing
Ethereum (ETH) has been experiencing significant price movements recently, with its value currently hovering around the $2,600 mark. After successfully holding above critical support levels, ETH appears to be in a phase of consolidation, navigating potential upward momentum while facing resistance as it aims to breach the $2,650 barrier. This pivotal level comes into play
Recent reports highlight an alarming escalation in cyberattacks targeting the cryptocurrency industry, prompting the European Securities and Markets Authority (ESMA) to advocate for stricter cybersecurity measures. As the European Union prepares to implement the Markets in Crypto-Assets Regulation (MiCA) by December 2024, ESMA is urging lawmakers to mandate comprehensive external cybersecurity audits for cryptocurrency companies.
Ethereum has established a notable presence above the critical $2,550 resistance threshold, signaling potential for further growth. Market analysts observe that the cryptocurrency’s price has shown resilience, indicating a consolidation phase that might lead to upward movement if certain resistance levels are broken. As it stands, Ethereum is navigating above the $2,600 mark, accompanied by