Ethereum Price Analysis: ETH Holds Key Uptrend Support
Ethereum price is rising above the $2,000 level against the US Dollar. ETH/USD could rise further if it clears the $2,140 resistance zone.
Ethereum Price AnalysisIn the past few days, Ethereum saw a decent increase above the $1,880 level against the US Dollar. ETH price was able to gain pace for a move above the $2,000 level and the 55 simple moving average (4 hours).
The bulls even pushed the price above the $2,100 resistance zone. A high was formed near $2,142 before the bears appeared. There was a minor downside correction below the $2,100 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $1,855 swing low to the $2,142 high.
Ethereum price is rising above the $2,000 level against the US Dollar. ETH/USD could rise further if it clears the $2,140 resistance zone.
Ethereum Price AnalysisIn the past few days, Ethereum saw a decent increase above the $1,880 level against the US Dollar. ETH price was able to gain pace for a move above the $2,000 level and the 55 simple moving average (4 hours).
The bulls even pushed the price above the $2,100 resistance zone. A high was formed near $2,142 before the bears appeared. There was a minor downside correction below the $2,100 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $1,855 swing low to the $2,142 high.
BRICS De-Dollarization Push, China, and Crypto Threaten US Dollar’s Dominance: Analyst
Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that China will “exert more influence in global financial institutions and trade.”
Analyst Explains Why U.S. Dollar’s Dominance Is at RiskFitch Solutions’ global head of country risk, Cedric Chehab, explained why the U.S. dollar’s dominance is declining in an interview with CNBC on Sunday. Fitch Solutions provides financial information services; it is a division of Fitch Group that includes Fitch Ratings, a global leader in credit ratings and research.
Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that China will “exert more influence in global financial institutions and trade.”
Analyst Explains Why U.S. Dollar’s Dominance Is at RiskFitch Solutions’ global head of country risk, Cedric Chehab, explained why the U.S. dollar’s dominance is declining in an interview with CNBC on Sunday. Fitch Solutions provides financial information services; it is a division of Fitch Group that includes Fitch Ratings, a global leader in credit ratings and research.
Trader Who Caught 2023 Crypto Rally Names Two ‘Interesting’ Altcoins, Updates Forecast on Ethereum (ETH)
The crypto trader who masterfully rode the 2023 rally in the digital asset markets says he has his eye on two interesting large-cap altcoins.
In a new strategy session, pseudonymous trader DonAlt tells his 50,700 YouTube subscribers that one of the altcoins that caught his attention is LDO, the native token of liquid staking service Lido DAO.
The crypto trader who masterfully rode the 2023 rally in the digital asset markets says he has his eye on two interesting large-cap altcoins.
In a new strategy session, pseudonymous trader DonAlt tells his 50,700 YouTube subscribers that one of the altcoins that caught his attention is LDO, the native token of liquid staking service Lido DAO.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
New Polygon Proposal Seeks To Make PoS Chain ZK Compatible
Polygon co-founder Mihailo Bjelic has proposed a major upgrade to the network’s proof of stake (PoS) architecture. The proposal seeks to upgrade the PoS chain to a zkEVM Validium. Polygon, whose zk rollup went live earlier this year, would still be compatible with the Ethereum Virtual Machine as per the latest proposal.
MATIC Would Remain Polygon’s Native Staking TokenAccording to the pre-Polygon Improvement Proposal (PIP) discussion started by Mihailo Bjelic on the network’s governance forum, the proposed upgrade to a zkEVM validium would address the network’s current problems including the security issues, its reliance on Cosmos SDK and Geth, and gas spikes as well as reorg issues. The proposal added that MATIC would continue to serve as Polygon’s staking token.
1/ Today a proposal was published to upgrade Polygon PoS to a zkEVM validium, a first-of-its-kind, decentralized ZK Layer 2.As a zkEVM validium, Polygon PoS would inherit Ethereum's unmatched security, while preserving low fees & high scalability.👉🏽 https://t.co/5fsMOqLqRy pic.twitter.com/9r9VILxdvu
Polygon co-founder Mihailo Bjelic has proposed a major upgrade to the network’s proof of stake (PoS) architecture. The proposal seeks to upgrade the PoS chain to a zkEVM Validium. Polygon, whose zk rollup went live earlier this year, would still be compatible with the Ethereum Virtual Machine as per the latest proposal.
MATIC Would Remain Polygon’s Native Staking TokenAccording to the pre-Polygon Improvement Proposal (PIP) discussion started by Mihailo Bjelic on the network’s governance forum, the proposed upgrade to a zkEVM validium would address the network’s current problems including the security issues, its reliance on Cosmos SDK and Geth, and gas spikes as well as reorg issues. The proposal added that MATIC would continue to serve as Polygon’s staking token.
1/ Today a proposal was published to upgrade Polygon PoS to a zkEVM validium, a first-of-its-kind, decentralized ZK Layer 2.As a zkEVM validium, Polygon PoS would inherit Ethereum's unmatched security, while preserving low fees & high scalability.👉🏽 https://t.co/5fsMOqLqRy pic.twitter.com/9r9VILxdvu
Xandeum Announces Highly-Anticipated Launch on July 30
On July 30, 2023, at 11:00 a.m. Pacific Time, Xandeum, a groundbreaking blockchain firm dedicated to expediting humanity’s shift to decentralized power, will officially launch.
By building a scalable, blockchain-based storage layer for smart contracts that adds a new dimension to the decentralized web, Xandeum’s goal is to enable collective self-determination by leveraging the power of blockchain technology. On Xandeum, this solution, known as External Global Grouped Storage (EGGS), ushers in a new era of storage-enabled Web3 apps (sedApps).
On July 30, 2023, at 11:00 a.m. Pacific Time, Xandeum, a groundbreaking blockchain firm dedicated to expediting humanity’s shift to decentralized power, will officially launch.
By building a scalable, blockchain-based storage layer for smart contracts that adds a new dimension to the decentralized web, Xandeum’s goal is to enable collective self-determination by leveraging the power of blockchain technology. On Xandeum, this solution, known as External Global Grouped Storage (EGGS), ushers in a new era of storage-enabled Web3 apps (sedApps).
Report Reveals East Is Challenging West’s Long-Standing Gold Pricing Dominance
A new report unveils a surge in gold acquisitions by Eastern nations, challenging the West’s long-standing dominance in gold pricing and altering the power equation in the global arena.
Research Highlights East’s Rise as Challenger to West’s Gold Pricing TraditionIn a comprehensive exposé on Seeking Alpha, Gainesville Coins’ gold analyst Jan Nieuwenhuijs emphasizes the waning control of the West over the global gold market, attributed to the East’s robust acquisitions.
“The global gold landscape has witnessed a pivotal shift. During the latter part of 2022 and early 2023, the East has been pushing gold prices upwards, effectively shattering the West’s historical pricing stronghold,” the author asserts.
A new report unveils a surge in gold acquisitions by Eastern nations, challenging the West’s long-standing dominance in gold pricing and altering the power equation in the global arena.
Research Highlights East’s Rise as Challenger to West’s Gold Pricing TraditionIn a comprehensive exposé on Seeking Alpha, Gainesville Coins’ gold analyst Jan Nieuwenhuijs emphasizes the waning control of the West over the global gold market, attributed to the East’s robust acquisitions.
“The global gold landscape has witnessed a pivotal shift. During the latter part of 2022 and early 2023, the East has been pushing gold prices upwards, effectively shattering the West’s historical pricing stronghold,” the author asserts.
Bankrupt Digital Asset Lender Celsius Plans To Repay $2,000,000,000+ in Crypto to Creditors Before End of 2023
Bankrupt digital asset lender Celsius Network intends to start repaying creditors using billions of dollars in crypto assets before the end of the year.
In a recent US bankruptcy court filing, Celsius has presented a restructuring plan that will generate funds for a new corporate spinoff, dubbed “NewCo,” and repay customers.
Bankrupt digital asset lender Celsius Network intends to start repaying creditors using billions of dollars in crypto assets before the end of the year.
In a recent US bankruptcy court filing, Celsius has presented a restructuring plan that will generate funds for a new corporate spinoff, dubbed “NewCo,” and repay customers.
Stellar Lumen (XLM) Price Remains Supported For Fresh Increase Above $0.12
Stellar lumen price is trading above $0.120 against the US Dollar, like bitcoin. XLM’s price must stay above the $0.1185 support to rise again.
Stellar Lumen Price Analysis (XLM to USD)After forming a base above the $0.1150 level, Stellar lumen price started a fresh increase against the US Dollar. The XLM/USD pair broke the $0.120 resistance zone to move into a positive zone.
The price even cleared the $0.1250 resistance and the 55 simple moving average (4 hours). The upward move was such that the price spiked to $0.135 before it corrected lower. There was a drop below the $0.125 support level.
Stellar lumen price is trading above $0.120 against the US Dollar, like bitcoin. XLM’s price must stay above the $0.1185 support to rise again.
Stellar Lumen Price Analysis (XLM to USD)After forming a base above the $0.1150 level, Stellar lumen price started a fresh increase against the US Dollar. The XLM/USD pair broke the $0.120 resistance zone to move into a positive zone.
The price even cleared the $0.1250 resistance and the 55 simple moving average (4 hours). The upward move was such that the price spiked to $0.135 before it corrected lower. There was a drop below the $0.125 support level.
U.S. Bank Pays $35,700,000 Fine for Freezing Tens of Thousands of Accounts at Height of Pandemic, Blocking Unemployment Benefits Without Proper Recourse: CFPB
The Consumer Financial Protection Bureau (CFPB) says U.S. Bank will pay $35.7 million in fines for freezing tens of thousands of prepaid debit card accounts and making it difficult for people to regain access at the height of the pandemic.
The agency says the bank blocked out-of-work Americans from accessing unemployment benefits on their ReliaCard prepaid debit cards, failing to provide a simple way for accounts suspected of fraud to regain access.
The Consumer Financial Protection Bureau (CFPB) says U.S. Bank will pay $35.7 million in fines for freezing tens of thousands of prepaid debit card accounts and making it difficult for people to regain access at the height of the pandemic.
The agency says the bank blocked out-of-work Americans from accessing unemployment benefits on their ReliaCard prepaid debit cards, failing to provide a simple way for accounts suspected of fraud to regain access.
Stellar Development Foundation Votes to Delay Protocol 20 Upgrade Amid Bug Concerns
The Stellar Development Foundation wishes to put a hold on the upcoming Protocol 20 upgrade of the Stellar blockchain network, originally scheduled for January 30. This decision follows the discovery of a bug that could impact the Soroban smart contract transactions.
Stellar Development Foundation Wants to Hit Pause on Protocol 20 Upgrade Due to Critical BugThe Stellar Development Foundation (SDF) has announced a delay in the Protocol 20 upgrade of the Stellar blockchain, originally scheduled for January 30. The decision follows the discovery of a bug in Stellar Core v20.1.0, which could potentially impact Soroban transactions.
The SDF, in a blog post dated January 27, expressed its commitment to ensuring the network’s readiness for the upgrade, but also the importance of consensus within the ecosystem. “We are not an ecosystem of one,” the post read, emphasizing the collaborative nature of the decision-making process.
The Stellar Development Foundation wishes to put a hold on the upcoming Protocol 20 upgrade of the Stellar blockchain network, originally scheduled for January 30. This decision follows the discovery of a bug that could impact the Soroban smart contract transactions.
Stellar Development Foundation Wants to Hit Pause on Protocol 20 Upgrade Due to Critical BugThe Stellar Development Foundation (SDF) has announced a delay in the Protocol 20 upgrade of the Stellar blockchain, originally scheduled for January 30. The decision follows the discovery of a bug in Stellar Core v20.1.0, which could potentially impact Soroban transactions.
The SDF, in a blog post dated January 27, expressed its commitment to ensuring the network’s readiness for the upgrade, but also the importance of consensus within the ecosystem. “We are not an ecosystem of one,” the post read, emphasizing the collaborative nature of the decision-making process.
PEPE Has a New Rival That Can Be Just as Big and Is Priced at Just $0.0004 Right Now
Meet the new rival to PEPE, priced at just $0.0004. In the ever-evolving world of cryptocurrency, a new player has emerged, ready to disrupt the market and make its mark alongside established tokens. Meet BEFE, the groundbreaking digital asset that is positioned to be the next big rival to PEPE, with a current price tag of just $0.0004.
Introducing to you the new meme coin that is beyond the hype of PEPE is BEFE. It is not just another cryptocurrency; BEFE’s a visionary project aiming to bring blockchain technology to the masses. Developed with inclusivity in mind, BEFE is designed to be accessible to everyone, offering a gateway for individuals from all walks of life to participate in the crypto revolution (including followers of PEPE).
Meet the new rival to PEPE, priced at just $0.0004. In the ever-evolving world of cryptocurrency, a new player has emerged, ready to disrupt the market and make its mark alongside established tokens. Meet BEFE, the groundbreaking digital asset that is positioned to be the next big rival to PEPE, with a current price tag of just $0.0004.
Introducing to you the new meme coin that is beyond the hype of PEPE is BEFE. It is not just another cryptocurrency; BEFE’s a visionary project aiming to bring blockchain technology to the masses. Developed with inclusivity in mind, BEFE is designed to be accessible to everyone, offering a gateway for individuals from all walks of life to participate in the crypto revolution (including followers of PEPE).
Why 2024 Is the Year to Make Money in Crypto and Quit Your Day Job
The cryptocurrency market is filled with aspiring traders who bet on various tokens in the hopes of making it big and retiring early. For many of them, crypto is a way to leave their day job and earn from the comfort of their home. Despite their eagerness and dedication the crypto market forces are not always in their favor.
However, in 2024 the crypto market is beaming with bullish momentum and an overall positive sentiment. Rising investor confidence and market liquidity have created a favorable environment for the crypto market to prosper and yield profits for investors. Amid this bullish market, NFT Finance has emerged as a token that can help you quit your day job this year.
The cryptocurrency market is filled with aspiring traders who bet on various tokens in the hopes of making it big and retiring early. For many of them, crypto is a way to leave their day job and earn from the comfort of their home. Despite their eagerness and dedication the crypto market forces are not always in their favor.
However, in 2024 the crypto market is beaming with bullish momentum and an overall positive sentiment. Rising investor confidence and market liquidity have created a favorable environment for the crypto market to prosper and yield profits for investors. Amid this bullish market, NFT Finance has emerged as a token that can help you quit your day job this year.
JPMorgan Chase To Sell Financial Data of 80,000,000 Clients As Trillion-Dollar Bank Launches Media Platform
JPMorgan Chase is launching a new business that will allow marketers and advertisers to target customers based on their spending data.
To do that, the banking giant will be providing companies with the data it collects from its 80 million clients.
The new venture, called Chase Media Solutions, aims to be a “key conduit for brands, connecting them with consumers’ personal passions and interests.”
Says Rich Muhlstock, president of the new firm,
JPMorgan Chase is launching a new business that will allow marketers and advertisers to target customers based on their spending data.
To do that, the banking giant will be providing companies with the data it collects from its 80 million clients.
The new venture, called Chase Media Solutions, aims to be a “key conduit for brands, connecting them with consumers’ personal passions and interests.”
Says Rich Muhlstock, president of the new firm,
Shiba Inu Burn Rate Skyrockets 550% As Founder Teases Massive SHIB ETF Potential
Shiba Inu, the self-proclaimed “Dogecoin Killer,” has witnessed a staggering 550% surge in its burn rate, with 12 million SHIB tokens incinerated in the past 24 hours. This surge comes from a teasing post on X from the cryptocurrency’s enigmatic founder, Shytoshi Kusama, hinting at the possibility of a Shiba Inu ETF.
Shiba Inu, the self-proclaimed “Dogecoin Killer,” has witnessed a staggering 550% surge in its burn rate, with 12 million SHIB tokens incinerated in the past 24 hours. This surge comes from a teasing post on X from the cryptocurrency’s enigmatic founder, Shytoshi Kusama, hinting at the possibility of a Shiba Inu ETF.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Sony to Step Into the Exchange Business, Operate Japanese Exchange Whalefin
Whalefin, a Japanese crypto exchange run by Amber Group, was sold to Sony last August. Now, Sony wishes to operate the exchange and mark its full-fledged entry into the crypto ecosystem.
The road to kicking off the exchange’s functioning has begun, with Whalefin and Sony pushing out announcements to keep users ready for the new launch.
Whalefin operated under the subsidiary Amber Japan, which Sony bought, will now witness rebranding to be named S.Blox. Amber Japan, before Amber took over in 2022, was called DeCurret.
Whalefin, a Japanese crypto exchange run by Amber Group, was sold to Sony last August. Now, Sony wishes to operate the exchange and mark its full-fledged entry into the crypto ecosystem.
The road to kicking off the exchange’s functioning has begun, with Whalefin and Sony pushing out announcements to keep users ready for the new launch.
Whalefin operated under the subsidiary Amber Japan, which Sony bought, will now witness rebranding to be named S.Blox. Amber Japan, before Amber took over in 2022, was called DeCurret.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.