Tag: ETHUSD

Ethereum Price Analysis: ETH’s Recovery in Question Following Failure at $2.7K

Ethereum Price Analysis: ETH’s Recovery in Question Following Failure at $2.7K

Key Support levels: $2,200, $1,900. Key Resistance levels: $2,550, $3,000 Yesterday’s excitement in the market was short-lived. ETH rallied to $2,700 but quickly fell back below the key resistance at $2,550. For this reason, it’s reasonable to assume that this was a fake-out and until the key resistance is confirmed as support, it is too […]

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YouTube’s Head of Gaming Joins Polygon Studios, CEO Praises NFT and Crypto

Top talent from the tech industry is witnessing new opportunities in the crypto space. On Tuesday, January 25, YouTube’s head of gaming – Ryan Wyatt – announced that he shall be leaving YouTube next month to join Polygon Studios. Mr. Wyatt is quite excited about his new role as the CEO of Polygon Studios. In […]

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CNBC’s Jim Cramer Believes Bitcoin and Ethereum’s Selloff Could Be Over

CNBC’s Jim Cramer Believes Bitcoin and Ethereum’s Selloff Could Be Over

Jim Cramer, the host of CNBC’s Mad Money show, believes the selloff in the cryptocurrency market could close to an end. This comes amid the massive price declines among all assets, with BTC losing over $10,000 in just days at one point. Is The Selloff Over? The past five days were nothing short of a […]

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SOL Tanks 6% As Solana Faces Another 48 Hour Outage, Boom and Bust Moment for Solana?

Solana’s native cryptocurrency SOL has tanked another 6% today slipping under $90 as the Solana blockchain continues to face major network congestion issues. SOL has been in a free-fall during this broader crypto market rout and has corrected nearly 60% from its all-time high in November 2021. Over the last weekend, the Solana blockchain faced […]

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Fantom (FTM) Surpasses Avalanche and Solana as DeFi TVL Crosses $12 Billion

Fantom (FTM) is the next big daddy in the list of Ethereum-competitors. Recently Fantom has toppled giants like Avalanche and Solana in terms of DeFi total-value-locked (TVL) which has now crossed $12.3 billion as per data from DeFiLlama. In the last 24 hours, Fantom’s DeFi TVL has shot up by 17% making it the next […]

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Bitcoin Fights to Maintain $35K: SOL Down 19% on Network Issues (Market Watch)

Bitcoin Fights to Maintain $35K: SOL Down 19% on Network Issues (Market Watch)

After yesterday’s brief signs of revivals in the crypto market, the situation today seems quite gloomy once more. Bitcoin is close to breaking below $35,000, while most altcoins are in a much worse shape, including a massive 19% dump from Solana. Bitcoin to Lose $35K? Bitcoin traded above $43,000 last week before the whole landscape […]

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Market Watch: Cryptocurrencies See Double-Digit Drops After Wall Street’s Friday Bloodbath

Market Watch: Cryptocurrencies See Double-Digit Drops After Wall Street’s Friday Bloodbath

The bears continue to have complete control over the cryptocurrency market with numerous double-digit price losses from almost all assets. This comes just hours after the US stock market dumped in value again. Bitcoin Dumps $8K in Two Days It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t […]

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Nexo Tapped Bakkt as its Cryptocurrency Custodian Partner

The cryptocurrency lending platform – Nexo – joined forces with the Nasdaq-listed digital asset company – Bakkt Holdings. As a result, the latter will custody a portion of Nexo’s Bitcoin and Ethereum holdings in the Bakkt Warehouse. Bakkt’s Newest Partnership The Bakkt Warehouse comprises both online (“warm”) and offline (“cold”) digital asset storage. The company […]

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NYC Mayor to Receive First Paycheck In Bitcoin And Ether

Eric Adams – newly elected mayor of New York City – is following through on his promise to receive his first paycheck in Bitcoin. Some of his salary will even be converted to Ether – the second-largest cryptocurrency. The Paycheck Promise The City of New York confirmed the payment decision from its official site earlier […]

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BNY Mellon Sees Meaningful Revenue In Crypto by 2023 Post Clear Regulations

Bank of New York Mellon is optimistic about a meaningful revenue ticking from its crypto services. On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collaborating with Fireblocks, a unicorn FinTech that allows financial institutions to store crypto assets. Portney said that the U.S. regulators should provide more […]

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