Ethereum crashed as low as ~$85 during March’s capitulation drawdown, crushing the hopes of investors in the asset. But due to a recovery in the price of Bitcoin and in most global markets, ETH has surged higher. From those lows, the asset is now up by around 350%, recovering to $385 as of this article’s writing. At the local highs, Ethereum traded for $440, with bulls managing to wrest the asset much higher than it was before. With this recent move, ETH’s macro bear market structure was broken. Ethereum has…
Tag: Key
Getting Out of Cash Is Key to Wealth and Inflation Protection, Pompliano Says
During a recent YouTube livestream, Morgan Creek Digital co-founder and crypto expert Anthony Pompliano detailed the current post-COIVD-19 economy, noting the U.S. government’s money printing and spending efforts. “There is a devaluation of currency,” Pomliano said in his July 18 livestream. “The whole secret to building wealth is to get out of cash and get into assets that are denominated in dollars that will continue to go up in value over long periods of time — stocks, real estate, gold, Bitcoin, all this stuff.” Assets up while the economy…
Gemini Unveils Hardware Key Compatibility on Mobile App
Gemini revealed hardware security key functionality for its mobile application, giving customers compatibility with devices such as Yubikey for added security. Thanks to WebAuthn compatibility on Gemini’s app, iOS and Android “Gemini customers can now use USB and near-field communication, or NFC, security keys to securely sign into the Gemini Mobile App,” the exchange said in a July 14 statement provided to Cointelegraph. The addition bolsters two-factor authentication Two-factor authentication, or 2FA, allows for added security beyond a simple website password login. If enabled, 2FA requires a code from a…