Analyst eyes Ether 'major push' to $3.5K, traders bet against dip

Privacy-focused cryptocurrency Monero (XMR) rallied by nearly 9.5% in the past week compared with the crypto market's decline of 8.5% in the same period. What's more, the XMR/USD pair has broken above a strong, multi-month resistance trendline, hinting at more upside ahead.XMR price action XMR's price was down by a modest 0.87% on April 10 from…

The alleged fraudster was accused of doing the “exact opposite” of her job title, which was to ensure OneCoin was complying with laws. 656 Total views 5 Total shares Own this piece of history Collect this article as an NFTUnited States federal prosecutors have charged a former executive of the fraudulent cryptocurrency scheme OneCoin for…

The United States Securities and Exchange Commission (SEC) has initiated proceedings regarding the Wilshire Phoenix Bitcoin (BTC) exchange-traded fund (ETF) proposal.According to a Sept. 24 public filing, the SEC started proceedings to determine whether to approve or disapprove the proposed rule change, which would allow NYSE Arca to list and trade shares of Wilshire Phoenix’s…

BTC price is racing toward $24,000, but analysts warn that a lower support retest is needed to confirm the strength of the current breakout. 395 Total views 5 Total shares Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action have finally…

Zero-knowledge (ZK) proofs, or cryptographic methods that allow one party to prove to another party that something is true without revealing any sensitive underlying private information, have been a hot topic of discussion among crypto veterans. At last week's zkDay event as part of EthCC Paris, over 2,000 attendees arrived at a small venue by…

Competitors are quickly following suit after the first U.S.-based Bitcoin ETF debuted earlier this month. 241 Total views 4 Total shares Fund managers appear to be scrambling to match demand from investors as major cryptocurrencies such as Bitcoin (BTC), and Ethereum (ETH) teeter around record price levels. According to a Bloomberg Terminal screenshot taken by…

Visa has made a sizable investment in the NFT space, acquiring a popular digitally pixelated CryptoPunk. 460 Total views 66 Total shares Credit card giant Visa have made a substantial splash on their emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks which pioneered the…

The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners. 297 Total views 1 Total shares Ripple will power new payment corridors between 27 African countries and Australia, the United Kingdom and the Gulf Cooperation Council (GCC) under a deal with African mobile payments provider Onafriq.Onafriq will use

It’s been an interesting couple of days for a number of exchanges which were hoping to get the green light to launch various Bitcoin exchange-traded funds (ETFs). On Aug. 22, the U.S. Securities and Exchange Commission (SEC) released its verdict on nine separate ETFs submitted by three applicants, ProShares, Direxion and GraniteShares. The move denied…