The Ethereum price is currently facing challenges in recovering above the $3,360 resistance level. Despite some minor recovery waves, the price is now showing signs of potential losses below the $3,300 and $3,250 levels. This struggle is evident as Ethereum encounters multiple hurdles near the $3,350 and $3,360 levels. Ethereum experienced a brief moment of
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After several promises made 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 3, Lightspark, a lightning network-based payment infrastructure provider, announced its partnership with Coinbase to facilitate the integration process. This partnership involves Coinbase leveraging Lightspark’s remote-key signing
Lithuania is planning to implement stringent licensing requirements on cryptocurrency firms by 2025. The central bank board member, Simonas Krepsta, revealed that this move is aimed at establishing strong oversight for the industry due to the integration of digital assets into the financial system. As of now, there are 580 active crypto firms in Lithuania,
The aftermath of the brutal April Fools’ Day price crash continues to send shockwaves through the cryptocurrency market, with XRP bearing a significant hit. In just 24 hours, a staggering $6 million in XRP contracts were liquidated, according to recent Coinglass data. This massive liquidation frenzy can be directly attributed to the sharp decline in
The recent surge of Wally the Whale token in the Solana meme coin market has captured the attention of investors worldwide. With an astonishing 44,510% gain in just 24 hours, WALLY has become a hot topic in the crypto community. The dynamic marine mascot and the viral traction on Crypto X have contributed to WALLY’s
Innovations in the ride-hailing industry continue to shape the way we commute on a daily basis. Decentralized taxi app DRIFE has taken a step further by integrating Layer 1 Sui blockchain into its platform. This integration aims to offer a seamless and simplified onboarding process for ride-hailing users in India and the UAE, providing a
Recently, the Bitcoin price took a sharp downturn, falling below $67,000 and causing concern among investors in the cryptocurrency market. However, amidst this decline, crypto analyst Michael van de Poppe has urged the crypto community to view this as an opportunity to acquire Bitcoin at a lower price. In a recent statement, Poppe emphasized the
Recent legal battles with US authorities have had a significant impact on KuCoin, resulting in a decline in user assets on the exchange. The latest proof-of-reserve certificate from KuCoin reveals that users’ Bitcoin holdings fell by 25.4% to 12,114 BTC in March, while Ethereum balances dropped by approximately 22% to around 112,000 ETH. Similarly, the
XRP price continues to face challenges below the $0.620 mark, with the need to maintain support above $0.5680 in order to see any potential for a new uptrend in the near future. The cryptocurrency has been gradually declining from the $0.6620 resistance zone, currently trading below $0.620 and the 100 simple moving average on the
Data Ownership Protocol has recently announced a successful token sale, raising an impressive $162 million ahead of its mainnet launch. The protocol, which focuses on blockchain privacy, aims to provide users with full control over their data while ensuring privacy and regulatory compliance. The token sale, which is now completed, is touted as the ninth-largest