Can ETH price crack $3.5K? Ethereum ETF debut will precede new highs, analysts say

China is reportedly leading the world in the number of blockchain projects currently underway in the country, Chinese English-language news daily China.org.cn reports on April 2.Citing a report by Blockdata, China.org.cn states that there are 263 blockchain-related projects in China, accounting for 25 percent of the global total.Li Qilei, the CTO at blockchain platform developer…

Russian authorities have signed an agreement with Danish logistics giant Maersk to officially launch blockchain shipping platform TradeLens, according to a press release on June 6.As a part of the agreement, the port at Russia’s second-biggest city, St. Petersburg, will pilot the blockchain-powered logistics tool co-developed by Maersk’s tech subsidiary Maersk GTD and global tech…

With many crypto exchanges in South Korea now on a precipice as a new regulatory framework kicks in, some are threatening to sue the government over its alleged shirking of key responsibilities. With the implementation of new rules from South Korea’s Financial Services Commission (FSC), many smaller cryptocurrency exchanges in the country fear they will…

Tokenomica, a crypto asset exchange based in Malta, has announced over-the-counter, or OTC, cryptocurrency trading for large participants.The Meditarranean-based exchange now offers participants the ability to trade large amounts of BTC for Euros, separate from the exchange’s order books, Tokenomica announced on its blog on Feb. 18. The exchange’s announcement made clear that other cryptocurrencies would…

Ethereum’s native asset, Ether (ETH), dropped after reclaiming its two-month high in the previous session, suggesting that its recent bullish rally was nearing exhaustion. In detail, the ETH/USD pair topped out at $2,699 on Sunday for the first time since June 7. The pair’s peak level also pushed its relative strength index (RSI), a momentum-gauging indicator,…

The innovative NFT includes a special link that is accessible only by its owner, conferring rights to use audio files for their own purposes. 1652 Total views 13 Total shares NFTs are being used to explore a new business model that puts music makers back in control of sales and copyright issues. Grammy winning producer…

Strong inflows into the ProShares Bitcoin Strategy exchange-traded fund (ETF) (BITO) in the past two weeks pushed its Bitcoin (BTC) exposure to a new record high.No Bitcoin outflows despite 'rollover' risksThe fund, which uses futures contracts to gain exposure to Bitcoin's price movements, had a record 28,450 BTC under its management — worth about $1.27 billion…

"The load on our systems are way too much," said CEO Nischal Shetty. 1212 Total views 13 Total shares Major Indian crypto exchange WazirX experienced disruptions caused by system failures for more than four hours Sunday. In a tweet at 5:24 PM UTC, WazirX CEO Nischal Shetty reported that the crypto exchange had “hit some internal…

United States house minority leader Kevin McCarthy praised Bitcoin (BTC) while criticizing Facebook’s Libra stablecoin during an interview with CNBC published on July 16.During the interview, McCarthy said:“I like Bitcoin. Is it where it needs to be? No, but the real thing I like when it comes to Bitcoin is blockchain, ‘cause I like the…