Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, has faced choppy waters. Over the past few days, Ethereum’s price has taken a nosedive, plunging to lows of $2,800 on April 12, echoing the broader downturn witnessed across the crypto landscape. However, in the face of volatility, a fascinating development has emerged: Ethereum whales, the behemoths of the crypto world, have begun to flex their muscles, showcasing strategic maneuvers that have captured the attention and speculation of the crypto community. Strategic Accumulation…

Ethereum price is facing many hurdles near $3,200. ETH could gain bearish momentum if the price stays below $3,200 and $3,280. Ethereum is struggling to recover above the $3,200 resistance zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if there is a close below the…

The post The Winning Trio: Ethereum (ETH), Shiba Inu (SHIB), and Furrever Token (FURR) Explosive Projections appeared first on Coinpedia Fintech News This downturn in the markets caught many people by surprise, as Ethereum (ETH) and Shiba Inu (SHIB) experienced notable declines of 7% and 10%, respectively. However, amidst the broader market turmoil, Furrever Token (FURR) has emerged as a standout performer, defying the trend with a significant surge in value. This unexpected turn of events underscores the dynamic and…

Solana’s price saw a notable recovery on Monday after a steep decline over the past seven days. This was supported by positive developments in the Bitcoin (BTC) and Ethereum (ETH) markets, which came alongside the approval of exchange-traded funds (ETFs) for both cryptocurrencies in Hong Kong.  Additionally, Solana addressed its ongoing network congestion issues with a new update, aiming to rectify transaction failures and outages. New Update Tackling Implementation Bug According to Mert Mumtaz, CEO of Helius Labs, Solana’s recent…

Chris Burniske has drawn parallels between the recent Celestia (TIA) movement and the meteoric rise of Solana (SOL) back in 2020. Burniske highlights the importance of understanding and tolerating downside swings in volatile assets like TIA.  In a recent tweet, Venture capitalist Chris Burniske, a former crypto analyst at ARK Invest and current partner at Placeholder, has drawn parallels between the recent Celestia (TIA) movement and the meteoric rise of Solana (SOL) back in 2020. Burniske has highlighted similarities between…

Dinari Global has successfully integrated Chainlink CCIP across the Arbitrum One and Ethereum mainnets, enabling seamless cross-chain transfers. The decision to adopt Chainlink’s CCIP underscores Dinari’s commitment to security and reliability in the Web3 ecosystem. In the latest development, Dinari Global announced the successful integration of Chainlink CCIP, the leading industry standard for secure cross-chain interoperability, across the Arbitrum One and Ethereum mainnets. By leveraging CCIP’s Simplified Token Transfer capabilities, Dinari will enable seamless cross-chain transfers of USD+, its fully…

This move reflects the increasing demand for digital assets among corporate customers, with LBBW aiming to support their individual crypto strategies. The cryptocurrency landscape in Germany is evolving rapidly, with banks and asset managers gearing up for forthcoming EU regulations such as the MiCA framework. In the latest development, Germany’s largest federal bank, Landesbank Baden-Württemberg (LBBW), has announced its intention to launch cryptocurrency custody services in collaboration with Bitpanda exchange. LBBW and Bitpanda disclosed their plan to provide crypto custody…

The IRS is intensifying its efforts to combat tax evasion related to cryptocurrencies as the tax filing deadline nears. Chainalysis and other blockchain analytics firms play a crucial role in aiding the IRS by providing tools for tracking crypto asset ownership and transactions. The IRS is enhancing its focus on cryptocurrency-related tax evasion, unveiled IRS Criminal Investigation Chief Guy Ficco at the recent Chainalysis Links event in New York. With the tax season in full swing, Ficco pointed out an…

Lately, the Solana network has been having issues that have caused a lot of transaction failures. However, on April 6, Fantom network’s Creator expressed his immense support for Solana, even with transaction and network issues. He is one of the most successful thought leaders in the DeFi space, and this declaration means a lot in the crypto community. Amidst various challenges, Ethereum continues on a bullish trend, proving itself as the best of the top altcoins in the market. Also,…