Why is Ethereum (ETH) price down today?

Since dropping below the descending channel on Nov. 25, Bitcoin (BTC) has reclaimed $7,000, cleared some hefty resistance at $7,400 and now made its way up to above $7,500 by press time.Crypto market daily performance. Source: Coin360The 111-day moving average (DMA) and the 128-DMA are currently in the process of converging to form a bear…

Malta’s Financial Services Authority (MFSA) has warned of a “dubious” online crypto trading platform it says has falsely claimed to be licensed in the country, English-language newspaper Malta Today reports Oct. 25.The platform in question, “Primetradingbot,” reportedly appears to be running a “high yield” Bitcoin (BTC)-related investment scheme, which the MSFA cautions has “a dubious…

Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.” According to the report, 41% of crypto owners surveyed globally purchased crypto for the first time in 2021, including more than half of crypto owners in Brazil…

Demand for Bitcoin in South Korea is heating up as the country's BTC premium rises over 5%. 379 Total views 7 Total shares The "Kimchi premium" is back. Bitcoin (BTC) is trading by more than 6% higher across major South Korean crypto exchanges as of March 29.Data from CryptoQuant show that the premium in the…

The "makenowmeme" account on X purportedly provided a way for X users to create memecoins on Solana with a simple post.

Engaging in the traditional financial markets has become less appealing to consumers and institutional investors as of late. New opportunities are plentiful, with decentralized finance getting a lot of attention. However, that new movement is not without its risks and flaws, either.For decades, consumers and institutional investors have explored the many different options presented to…

Crypto exchange Taurus will offer the first crypto debit card backed by Dash in Latin America. Dash has partnered with Mexican cryptocurrency exchange, Taurus.io, to release the first crypto Visa debit card in Latin America. The offer will initially only be available to Taurus’ customers in Mexico.The card will work at millions of stores in…

Goldman Sach starkly disagrees with Mike Bloomberg on cryptocurrency as an asset class worthy of investment interest. 1325 Total views 39 Total shares According to a leaked PowerPoint slide, Goldman Sachs, in a May 27 call discussing the U.S. economic outlook, stated that cryptocurrencies are not an asset class. The wording of the slide appears…