Ethereum price started another decline from the $1,920 resistance against the US Dollar. ETH is at a risk of more losses if it stays below $1,920 for a long time. Ethereum is now showing bearish signs and well below the $1,920 resistance zone. The price is trading below $1,880 and […]

Bitcoin price started a fresh decline below the $27,500 support. BTC is now showing a lot of bearish signs below the $27,400 pivot level. Bitcoin started a fresh decline and tumbled below the key $27,500 support zone. The price is trading below $27,550 and the 100 hourly Simple moving average. […]

Chris Burniske, a former ARK Invest analyst and current partner at venture capital firm Placeholder, recently shared his bullish perspective on the future of crypto and AI investments in a Twitter thread. Burniske drew a vivid comparison between investors chasing popular trends and mosquitoes attracted to light, urging investors to […]

The amount of funds flowing through the Avalanche Bridge is down 70% in the last 24 hours, DeFiLlama data on May 31 shows. 70% Drop In Activity In The Avalanche Bridge To Ethereum Over the past day, the bridge has facilitated $2,634,828 worth of transactions and processed $22.4 million in transfers in […]

​​Stablecoin issuer Tether announced on May 31 that it is expanding its presence in the Republic of Georgia through a strategic investment in CityPay.io, a payment processing company that operates across more than 600 locations in the country. CityPay.io provides payment services to a wide range of customers, including major names like […]

Trader Joe, a Decentralized Exchange (DEX) on the Binance Smart Chain, is making waves in the Decentralized Finance (DeFi) world with its new Auto-Pools feature. According to the DeFi researcher Tindorr, this innovative solution offers a set-and-forget yield farming strategy for liquidity providers (LPs), eliminating laborious position management.  Auto-Pools allows […]

On May 31, San Francisco-based wallet-as-a-service (WaaS) provider Magic announced that it had successfully raised $52 million in a strategic funding round led by PayPal Ventures. The funding round also saw participation from venture firms Cherubic, Synchrony, KX, Northzone, and Volt Capital, bringing Magic’s total funds raised to over $80 […]

Optimism (OP) has been one of the hardest-hit cryptocurrencies over the last week as bearish sentiment around the coin rose rapidly. The reason for this was a massive amount of OP tokens that were unlocked this week, leading to significant buy pressure on the digital asset. However, the bearish trend […]

President Joe Biden announced in a May 28, 2023 Tweet that a budget agreement on raising the US debt limit had been reached in principle, and he strongly urged the House of Representatives and the Senate to pass the deal right away. This follows days of uncertainty over when an […]

Coinbase CEO has cautioned US policymakers against disregarding the importance of crypto beyond individual transactions, stating that doing so poses a threat to America’s longstanding position as a global financial leader and innovation hub. In an opinion piece published by Marketwatch Tuesday, Armstrong highlighted his efforts, along with other industry […]