Ethereum Financial News

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Bitcoin and Ethereum, two of the most prominent cryptocurrencies, have experienced a significant slip, with BTC currently trading at $29,780 and ETH at $1,889. 

cryptocurrency markets were trading mixed in Friday's trade. Bitcoin, Ethereum, XRP, and Cardano were trading with cuts, while BNB, Dogecoin, and Polkadot were trading with gains. Bitcoin (BTC) fell 1.1% to $29,820, whereas Ethereum (ETH) was below the 1,900 level. BTC volume stood at approximately $15.1 billion, rising 31.47% in the last 24 hours. The global cryptocurrency market cap was trading lower, around $1.2 trillion, falling 0.91% in the last 24 hours. «Bitcoin continued to trade below the US$30,000 mark for another consecutive day, influenced by various factors such as investors taking profits and the strengthening of the US dollar,» Edul Patel, Co-founder and CEO at Mudrex, said.

After staging a rally that saw 1INCH reach a multi-month high of $0.5935 on July 17, it is now experiencing a drastic pullback to the current level of $0.3274, representing a 44.84% decrease from its recent peak. What's next for 1INCH and can it reestablish its bullish momentum?

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An executive from venture capital firm Andreessen Horowitz (a16z) believes that Web3 has the solutions to the headaches and problems found on Web2-based social media platforms. 

Amid the growing popularity of layer-2 scaling solutions based on zero-knowledge (ZK) proofs, decentralized finance liquidity protocol Symbiosis has added support for Linea, a zkEVM-based scaling solution for cross-chain swaps developed by ConsenSys.

From the international stage at Davos to the soccer fields of Bedford, the Decentralize with Cointelegraph podcast dives into the nuances of crypto and blockchain, and how they intersect with everyday life.

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Cryptocurrency exchange Bitget is using artificial intelligence (AI) in a number of ways to provide better services for users and stay ahead of the curve. 

The bitcoin price has reclaimed $30,000 and needs to break resistance at $32,000, but the new cryptocurrency BTC20 has pumped to $342,000 in a little over 24 hours.

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The ETH price has risen by 0.5% in the past 24 hours, ascending to $1,919 after a long-dormant participant in the Ethereum ICO apparently sold $116 million of the token via Kraken.

In a market teeming with meme coins and celebrity-endorsed tokens, a unique and audacious contender is stirring up a storm, meet Burn Kenny Coin ($KENNY), an inventive and community-driven meme token, here to shake things up.

Kuwait’s supervisory authorities – the Central Bank of Kuwait, the Capital Markets Authority, the Ministry of Commerce and Industry and the Insurance Regulatory Unit – have jointly issued circulars banning the use and recognition of virtual assets in the Arab nation.

The self-proclaimed "more versatile version of Bitcoin”, BTC20, has hit the crypto scene. Its presale is currently underway, enabling investors to buy at Bitcoin’s 2011 price of just $1. Despite just launching, the project has experienced tremendous hype so far, with over $300k sold already.

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The latest version of Web3 social layer Lens Protocol has been released, introducing improved functionality to support new use cases and shared monetization for its growing Web3 user base.

cryptocurrency markets were trading mixed in Thursday's trade. XRP, Cardano, Tron, and Polygon were trading with gains, while Bitcoin, Ethereum, BNB, and Litecoin were trading with cuts. Bitcoin (BTC) fell 0.07% to $30,077, whereas Ethereum (ETH) was above the 1,900 level. BTC volume stood at approximately $11.45 billion, falling 16.25% in the last 24 hours. «BTC continues to perform within a narrow range of less than 2%, around $30k. In the last 24 hours, XRP continued to be amongst the top performers in terms of volumes and price change. Interestingly, XRP has surpassed the trading volumes of BTC on a majority of exchanges ever since the court ruling against SEC fell in its favor,» Shubham Hudda, Senior Manager at CoinSwitch Markets Desk, said. The total volume in DeFi is currently $1.97 billion, 6.5% of the total crypto market 24-hour volume. The volume of all stablecoins is now $27.21 billion, which is 89.66% of the total crypto market 24-hour volume.

After failing to sustain above the resistance of its narrow range, Bitcoin fell near a key support level on July 18. The consolidation of the past few days seems to be an accumulation phase, according to Glassnode’s Bitcoin Accumulation Trend Score. A similar score was seen during the accumulation phases between November and December and again from March to April.

French banking giant Societe Generale’s crypto arm has received a full Digital Asset Service Provider (DASP) license from the country’s financial regulator Autorité des Marchés Financiers (AMF).