Lido Staked Ethereum (stETH), a staked, DeFi variant of Ethereum, has diverged sharply from the latter in the past 48 hours.
The token, which is supposed to trade at a 1:1 peg to ETH, is currently trading at $1,513.14 and has fallen 10% in the past 24
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Crypto Broker, Voyager, has decided to resume its cash withdrawals on its app. Users shall be able to make cash withdrawals from the application, this news comes after Voyager suspended trading, deposits, withdrawals and loyalty rewards for over a month. The cryptocurrency lender has panned to restart the customer access to withdrawals from August 11, […]
Ethereum price analysis suggest a consolidation near the higher level. The price is oscillating above $1,700 while maintaining a bullish bias. However, the bears are trying to pull the token lower as the price moves in a very narrow trade range. Despite, a luke warm trading session the Ethereum price moves inside the rising channel.
The post Ethereum Price Analysis: Bearish RSI Divergence Warns Near $1,700? Are You Buying? appeared first on CoinGape.
Looking at certain indicators gives an indication of a potential Bitcoin price drop. Bitcoin (BTC) price hovers around the $23,000 range as high volatility shrouded the cryptocurrency in the last few days. After opening the week at well above the $24,000 mark, Bitcoin is now trading in the range of $23,000. Meanwhile, recent trading activity
The post All Roads Leading To Bitcoin Price Drop In Short Term? appeared first on CoinGape.
New lawsuits have been piling up against the US crypto company Coinbase soon after an ongoing investigation by the securities regulator was revealed.
The post Coinbase Hit by Another Class Action Lawsuit as Cases Mount Up appeared first on BeInCrypto.
Changpeng Zhao, CEO of Binance came out to clear the company’s stand after Enforcement Directorate raided and froze some assets of WazirX. However, he stressed that they could shut down the troubled crypto exchange. WazirX co-founder clarifies Nischal Shetty, Co-founder of WazirX has made several statements countering Binance CEO. He mentioned that the “We could
The post Will Binance CEO Shut Down WazirX? Should Users Panic appeared first on CoinGape.
Shiba Inu (SHIB) is full of surprises up its sleeve. The top dog meme coin’s latest price rally was impressive as the coin was able to showcase the lowest level of daily volatility as seen in the entire crypto trading history. As of this writing, SHIB is up by 2.66% or at $0.00001217. According to the daily chart, SHIB has been consistently darting on a straight line seen in the past few days. In fact, the dog meme coin’s price hasn’t moved a bit for a straight week, which is bizarre especially for a volatile asset such as SHIB. Chart: TradingView.com Related Reading: SOL Loses $40 After The Exploit – What’s The Next Support? Shiba Inu On A Flatline? It’s uncertain why Shiba Inu has been showing a flatline or sluggishness in performance – but there are some talks coming from investors and traders that the volatility issues of SHIB seems to have cropped up from the decline in the burn rates of the token, which is said to have been fueled by previous Shiba Inu projects lke Shibarium Multiverse. On June 21, SHIB penetrated the descending channel as it rolls down which could have signaled a coin reversal. However, the discrepancy in trading inflows and volume prompted SHIB to roll back to $0.00001. Shibaswap Outperforming BAYC And OpenSea Shiba Inu isn’t just another meme coin you’ve heard of because it’s committed to growing and scaling the network. Shibaswap’s launch and its continuous thrust as the top Ethereum dApps in terms of social signals cements Shiba Inu’s status in the crypto space. Shibaswap was able to rake in an average of $10.8 million in terms of daily volumes. This is an exceptional performance coming from a DEX that was able to outperform both Bored Ape Yacht Club and OpenSea. Notably, there was also an in exchange withdrawals which is quite normal especially at discounted levels. Currently, SHIB trades at a huge discount from its ATH. Related Reading: THORChain (RUNE) Ready For 20% Climb Before Next Correction More so, Shibaswap has had a huge influence on the performance of SHIB. But, its impact isn’t as powerful compared other economic or market forces that may have caused its uncanny price movement or behavior. The Shibaswap ecosystem is expected to grow and expand which may influence more people to stake SHIB, but people just have to wait and see. In other news, while SHIB is no longer a part of the top cryptocurrencies according to market cap, the meme coin is still favored by the crypto space. Shiba Inu is planning to develop a reward token, stablecoin built for its ecosystem, and a collectible card for the metaverse. SHIB total market cap at $384 billion on the weekend chart | Source: TradingView.com Featured image from Slate.com, chart from TradingView.com
The owners of one of the world’s largest derivative exchanges announced that they will be offering two new futures products based on cryptocurrencies.
The post CME Group Launching Euro Crypto Futures appeared first on BeInCrypto.
Bitcoin ATMs are coming out of dormancy in Japan for the first time since the crypto winter of 2018 — allowing residents of Osaka and Tokyo to trade cryptocurrencies from devices other than their smartphones or personal computers. Gaia Co., Ltd, a local cryptocurrency exchange company, disclosed on Wednesday that it will soon debut crypto ATMs, […]
The Bank of Thailand said that it will begin testing its CBDC in a retail capacity later this year and will include 10,000 retail users and three companies.
The post Thailand CBDC Pilot Could Commence Later This Year According to Central Bank appeared first on BeInCrypto.
Gamer accounts have never been more at risk. There has been a surge in attacks since the pandemic. Here’s why they are so attractive to crims.
The post Gamer Accounts: Attacks Have More Than Doubled. Here’s Why. appeared first on BeInCrypto.
Three crypto companies in Portugal have been left stunned at the decision of key banks to close their accounts.
The post Crypto Winter Gets Chilly for Portuguese Exchanges as Local Banks Close Accounts appeared first on BeInCrypto.
BlackRock, one of the largest asset managers, has partnered with Coinbase Global to allow its institutional client base to access crypto while the latter gets an opportunity to reverse its slumping growth rate.
The post Asset Manager BlackRock Partners With Coinbase, Will Offer Crypto to Institutional Clients appeared first on BeInCrypto.
Ethereum founder Vitalik Buterin is often the target of unwanted token airdrops being sent to him. A history of his wallet shows trillions of tokens being sent to him across various projects, all hoping to capitalize on the popularity of the founder and get more eyes on their project. The same is the case for […]
