At the time of writing, Ethereum price is at $148. For the 3rd subsequent day, ETHUSD aims to breakthrough the upside barrier on the level at 150.00.
The bearish pressure remains strong on the crypto market, many assets have shown new minimums, and the chances for a reversal are low.
Fireblocks announced that it is now transacting at least $2.5 billion in cryptocurrencies every month and has already achieved a 400% increase in customer growth and a 150% monthly transfer volume growth rate.
Bitcoin fell to a six-month low just above $6,500 on Wednesday, however, now it seems to have gained a little bit and stabilized above $7,000.
Upbit has lost 324,000 ETH to hackers, who transferred the funds to an unknown address. The exchange has taken a few temporary steps to ensure security, and has announced it will cover the loss to customers.
BitLord, a cryptocurrency influencer and investor, has leveled allegations against Ripple Labs calling the XRP token a security.
South Korea’s National Policy Committee is working on a new law for regulating cryptocurrencies in the country.
While apparently continuing to develop its digital yuan initiative, the PBoC recently enhanced its crackdown on cryptocurrency-related operations in the country.
Reports stated that Omni offered its storage services at an extremely low and unsustainable price and thus became a victim of “venture capital-subsidized business”.
Telegram founder Pavel Durov along with the company’s vice president and one more employee will give testimonies beginning on the SEC case.
UAE-based Emirex views its mission in extending the benefits of tokenization to traditional industries. And it has chosen commodities to begin with.
Today, there are no significant changes in the traditional stock market and traders are struggling to hold yesterday’s prices.
A detailed report presented by Crescat Capital analyst states that recession could be anywhere around the corner and one must park their capital in safe assets like gold.
After reaching a price level of $ 7340.59 after the opening, the Bitcoin market was able to reverse during the session as the bears took control.
TransferGo, which was already a part of RippleNet, will now start to use Ripple’s ODL for its cross-border transactions.