Ethereum (ETH) Enthusiasts Should Watch These Zones in The Coming Weeks

Santiment’s data indicated a dramatic surge in Ethereum transaction volumes within the past 48 hours. Furthermore, the ETH network saw address experiencing losses reaching a new all-time high, a bearish move for the alt. Do these massive losses imply an impending relief rally or more pain for market players? News shows the ETH Merge will…

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Governor Of Utah Signs A Bill To Develop Blockchain And Digital Innovation Task Force

Following a three-year-long debate regarding the formation of a task force that would oversee crypto as well as blockchain-based initiatives, Spencer Cox (Utah’s governor) inked a bill to establish the Blockchain and Digital Innovation Task Force. Firstly, at the beginning of this February, the bill went through many senates and fiscal actions for two months…

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Coinbase Introduces A Set Of Cryptocurrency Compliance Tools For Law Enforcement Agencies

With its efforts to provide a much better intelligence system, the Coinbase Crypto exchange moves towards introducing new solutions to handle risks more effectively. Popular crypto exchange, Coinbase very recently revealed a brand-new collection of tools and solutions named as “Coinbase Intelligence” to facilitate all kinds of businesses, financial firms, Law makers and individuals who…

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Citizens Of Three Major Cities In China Start Using Digital Yuan To Pay Taxes And Charges

People from the three prominent cities of China have started recompensing for social security, stamp duty, as well as taxes with the utilization of the CBDC (central bank digital currency) of the country, the e-CNY (digital yuan). As per a native new report, several government organizations across Zhejiang province (situated in Shanghai’s south) are at…

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Cardano Founder Shares His Insights Into Recent Happenings In The Crypto Space

The crypto market has been on a freefall over the past seven days, with the leading digital asset dipping to a 16-month low. Even though BTC has recovered and made some gains, it is still nowhere near its peak price, which it attained last November. However, Cardano founder, Charles Hoskinson, has shared his insights regarding…

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12 May Crypto Prices: Top Tokens Drop Up to 99% amid Extended Bloodbath

No digital token traded in the green amid Thursday’s early hours. Bitcoin dropped 10%, while Ethereum noted an 18% nosedive. Meanwhile, the altcoin marketplace bled severely. The crypto market suffered today as the global economy battled multiple factors. The stablecoins’ unstable algorithmic hurt sentiment in the crypto market, whereas U.S dollar-tied tokens see ‘de-pegs,’ dragging…

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Tezos (XTZ) Slips beneath $2.5 Previous Support Amid Continued Bearishness

Tezos price analysis reveals a pessimistic market sentiment. XTZ’s current support stands at $2.45. The alternative token trades at $2.49. Tezos (XTZ) is among the multiple alts that suffered severely during the latest market-wide crash. The token dropped more than 3% within the previous day, currently trading beneath the $2.5 level. Meanwhile, the altcoin exhibited…

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Dogecoin, Chainlink, FTX Token Price Analysis – May 10, 2022

Top cryptos, Bitcoin and Ethereum, failed to regain vital levels following colossal liquidations. While writing this content, BTC changed hands beyond $31K, while Ethereum trades near the $2.4K level. For now, the crypto market attempts recoveries from the latest bloodbath. The ongoing bearishness had alts such as DOGE, LINK, and FTT gravitating toward yearly/monthly lows…

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Eurosystem And ECB Start Digital Euro Customer Interface’s Experimental Prototyping

The digital euro’s development will continue as the Eurosystem and ECB (European Central Bank) have started pursuing firms to take part in a project for the prototyping of payments services for consumers. the providers of payment services, banks, as well as the rest of the relevant firms were requested to speak their interest in the…

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Polygon (MATIC): Why Investors Need to Consider These Potential Outcomes

Polygon (MATIC) maintained a long-term surge as it printed a 6-month-long rising wedge and touched its all-time high on December 27. However, the landscape changed as the alt saw downtrends while presenting a discouraging relationship with the Exponential Moving Average ribbons. As the prevailing plunging wedge drop nears the long-term footing at $0.961, bulls would…

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Bitcoin Fear & Greed Index in ‘Extreme Fear’ Amid Extended Bloodbath

Bitcoin’s landscape sees extreme fear again after the latest retracement, which data suggests whales are behind the downside spiral. The Fear & Greed index plummeted into the extreme fear region as Bitcoin declined. Moreover, the metric never explored such poor conditions since late January, when the bellwether crypto plummeted to $33,000. Fear in Front Seat…

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Cardano Is All Set To Boost Interoperability In Collaboration With Wanchain

According to a tweet posted by the official Wanchain Twitter account, Cardano’s parent company IOHK is now working with Wanchain to introduce further interoperability. Wanchain and Cardano Team Cardano’s quest towards interoperability is now seeing significant progress as its parent company, IOHK has developed a partnership with Wanchain to bring interoperability between the Cardano mainnet,…

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Lightning Network Is Going To Bring Payments Back To BTC

As the network progresses on solving issues related to the Bitcoin transactions, it has been seeing a massive rise in usage. Perks of the Lightning Network The Lightning Network continues its path towards becoming the top network associated with the blockchain, hosted by the current king of cryptocurrencies, Bitcoin. The network has provided many ways…

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