Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low

Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders.

Ether (ETH) investors have no reason to complain after the 344% gains accumulated in 2021 until Nov. 24. Still, analysts fear that the $4,000 resistance test on Nov. 19 is forming a descending channel that aims at $3,600 by mid-December, an 18% correction from the current $4,400 price.Despite outperforming Bitcoin (BTC) by 16% in the…

The VIX volatility index, the stock market's main risk indicator, skyrocketed to 55 on March 9. This is the highest level since 2009. Meanwhile, Saudi Arabia’s talks with OPEC member Russia soured, triggering a price cut competition. This led Brent Crude, the international oil benchmark to trade at $36.20, down 20% from the previous session.The…

Mow claims a few node operators have the power to change, delay or even cancel the upcoming Ethereum Merge. 531 Total views 13 Total shares Samson Mow, a well-known Bitcoin proponent, recently took to social media to talk about the centralization aspects of the upcoming Merge, which he claimed isn’t widely known.Ethereum is in the…

Long before Bitcoin (BTC), Bernie Madoff sat atop the longest-running, largest fraud in history. The rise and real-time fall of Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, were expedited in comparison. While the similarities are profound, the storyline is not: Create organizations under false pretenses, develop relationships with people in authority positions, defraud…

Coinbase founder Brian Armstrong and chief legal officer Paul Grewal spoke about the company’s Wells notice from the SEC on YouTube and at Consensus 2023. 318 Total views 14 Total shares Own this piece of history Collect this article as an NFTExecutives of cryptocurrency exchange Coinbase took their company’s regulatory issues to the public on…

On June 10, many were surprised by the news that TBD, a subsidiary of Block, Twitter’s co-founder Jack Dorsey, announced the launch of the Web5 platform. Web 1, 2, 3 and now Web 5? But where is Web 4? Those who don’t care about number sequences can just downloaded Web 7.But first, so that no…

Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000. 

Reports have emerged of users buying tokens and not seeing it show up in their wallet balances.