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Ethereum extended decline below the $3.850 support zone against the US Dollar. ETH price is consolidating and trading above the $3,700 support zone. Ethereum extended decline below the $3,850 and $3,800 support levels. The price is now trading below $4,000 and the 100 hourly simple moving average. There is a key bearish trend
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Scalability on the Ethereum (ETH) network has been a point of contention within the cryptocurrency ecosystem for years, primarily due to high fees and network congestion during periods of peak demand.The latest solution to emerge as the final fix to Ethereum’s scalability woes are Zero-knowledge rollups (ZK rollups), a form
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Dobson’s departure followed the October exit of Bitcoin Core code maintainer Jonas Schnelli, who cited the stress of increasing legal risks for developers. According to Bitcointalk.org, the maintainers with commit access to Bitcoin’s code currently numbers just three people: Wladimir J. van der Laan, Marco Falke and Michael Ford. There
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“There might be equity funds that have an exposure to a stock that has underlying bitcoin holdings,” explained Kazantsev. “In order to hedge that exposure, they might trade futures against that. For them, rather than rebalancing the portfolio dynamically, what they really want to do is hedge for the longer
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David Marcus, the head of Meta’s cryptocurrency and fintech unit Novi, will step down from his role by the end of 2021.Taking over from Marcus will be Stephane Kasriel, the former CEO of Upwork who has been at Meta, formerly known as Facebook, since August 2020. Marcus announced the decision
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On the heels of a $40 million experiment that caught mainstream media attention, decentralized autonomous organizations (DAOs) are taking another step into mass consciousness today as Kimbal Musk – the billionaire Tesla board member and brother of fellow entrepreneur Elon Musk – is announcing the opening of membership applications for
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Twitter chief executive officer Jack Dorsey is reportedly planning to resign his position at the social media firm.According to a Monday CNBC report, Dorsey is expected to step down as the CEO of social media giant Twitter, which he helped co-found in 2006. It’s unclear if Dorsey plans to leave
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Jack Dorsey, the bitcoin-friendly CEO of Twitter, is expected to step down from his position as head of the social media giant, according to CNBC.CNBC reported Monday morning ET that Dorsey is expected to step down as CEO of Twitter, according to sources.Dorsey is a well-known fan of bitcoin, having
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The MiCA framework was introduced in September 2020 by the European Commission, the EU’s executive branch. On Wednesday, the Council adopted its position on another framework, the Digital Operational Resilience Act (DORA) alongside MiCA. Both frameworks are part of the Union’s larger digital finance initiative. Original Source
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Bitcoin price started a downside correction below $66,000 against the US Dollar. BTC might extend its downside correction towards $62,000 in the near term. Bitcoin started a downside correction below the $66,000 and $65,000 levels. The price is now trading below $65,000 and the 100 hourly simple moving average. There was a break
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