Dogecoin failed to surpass $0.1120 and corrected gains against the US Dollar. DOGE bulls are active near $0.1080 and might push it higher again. DOGE price is eyeing an upside break above $0.1120. The price is trading above the $0.1080 level and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.1090 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.1100 and $0.1120 resistance levels. Dogecoin Price…
Day: September 26, 2024
Immutable (IMX) and MARBLEX Forge Ahead in Web3 Gaming at Korea Blockchain Week
Jessie A Ellis Sep 26, 2024 06:49 Immutable (IMX) and MARBLEX announce a strategic partnership, aiming to revolutionize Web3 gaming, as discussed at Korea Blockchain Week. Immutable (IMX) and MARBLEX have announced a strategic partnership aimed at revolutionizing the Web3 gaming landscape, according to Immutable.com. This collaboration was highlighted during Korea Blockchain Week (KBW), where Immutable’s co-founder and president, Robbie Ferguson, elaborated on the significance of this alliance for gamers and the broader industry. The Current State and Future of Web3 Gaming…
Bitcoin ETFs record nearly $500m inflows over five days, Ether ETFs continue positive streak
Spot Bitcoin ETFs in the U.S. marked their fifth straight day of net inflows, with spot Ether ETFs also registering inflows for a second consecutive day. Data from SoSoValue shows that the 12 spot Bitcoin ETFs recorded net inflows of $105.84 million on Sept. 25, marking the fifth consecutive day of positive inflows. Over this period, the funds have accumulated more than $496.56 million. BlackRock‘s IBIT, the largest Bitcoin ETF, led the inflows for the second consecutive day with $98.9 million flowing into the fund, bringing its total net inflows…
Bitcoin (BTC) Demand Booms in US, Data Shows, as China Considers $142 Billion Stimulus
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Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says
Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes in the country, rising to 60% in serious cases. Cybercrime Costs Russia Over $1.25 […] Source CryptoX Portal
Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares
Este artículo también está disponible en español. Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed report, CoinShares’ Matthew Kimmell noted that despite Ethereum’s potential to host popular applications in the future, investors are struggling to see a significant value proposition in its native ETH token. Related Reading Since its inception in July 2015, Ethereum has made big strides as it has continually…
Bitcoin Network Eases Up: Difficulty Falls 4.6% at Block 862,848
Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block subsidy is 4.6% easier than it was during the previous 2,016 blocks, which had the highest difficulty level ever recorded. Bitcoin’s Mining Game: […] Original
XRP Price Upside Fades: Is a Reversal on the Horizon?
XRP price failed to climb above the $0.6050 resistance and declined. The price is now testing the $0.5765 support and might consolidate for some time. XRP price is still struggling to clear the $0.600 resistance zone. The price is now trading below $0.590 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.5850 and $0.5880 resistance levels. XRP…
Singapore Court Grants WazirX Four-Month Conditional Moratorium: Source
The conditions imposed on WazirX include revealing the addresses of its Wallets through a court affidavit, responding to users’ queries, revealing its book of accounts within six weeks, and ensuring that any future voting on the way ahead is conducted on an independent platform. CoinDesk reached out to WazirX to comment on the matter. Source
NYDFS 'More Eager Than Anyone' for Federal Legislation, Chief Says
NYDFS Superintendent Adrienne Harris said any federal legislation should still keep a role for state regulators. Source