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Ethereum failed to settle above the $4,000 zone against the US Dollar. ETH price is correcting gains and it could dive if there is a break below $3,900. Ethereum struggled to clear the $4,050 resistance zone and declined. The price is trading below $4,020 and the 100 hourly simple moving average. There is
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Unathi Kamlana, the commissioner of South Africa’s Financial Sector Conduct Authority, has reportedly said the government’s rollout of a crypto framework would be aimed at mitigating any potential risks.According to a Friday report from Bloomberg, Kamlana said the financial regulator planned to present a regulatory framework early in 2022 intended
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South Africa’s Financial Sector Conduct Authority (FSCA) is preparing a regulatory framework for crypto to protect the more vulnerable members of its society.The regulator wants to establish rules on how crypto trading should be conducted, according to a Bloomberg report Friday.“What we want to be able to do is to
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Bitcoin is struggling to clear the $50,000 resistance zone against the US Dollar. BTC could decline heavily if there is a clear move below the $47,300 level. Bitcoin is struggling and showing bearish signs below the $50,000 resistance. The price is now trading below $49,500 and the 100 hourly simple moving average. There
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National Security Agency whistleblower Edward Snowden said he was concerned with how some privileged individuals or firms in the digital space might be able to use nonfungible tokens, or NFTs, in the gaming industry.Speaking with Ethereum co-founder Gavin Wood at the BlockDown DeData online conference on Friday, Snowden said though
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“During corrections, declining ASOL is a signal that investor confidence is improving, and fewer coins are spent,” blockchain data firm Glassnode tweeted on Wednesday. A confirmed trough in the ASOL indicator could point to a short-term market bottom similar to what occurred in July and October. Source
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Ethereum trimmed gains from the $4,800 resistance against the US Dollar. ETH is down 5% and it might decline further if there is a break below $4,350. Ethereum failed to clear the $4,800 resistance and started a fresh decline. The price is now trading near $4,500 and the 100 hourly simple moving
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Bitcoin gained pace and climbed above $58,000 against the US Dollar. However, BTC is still struggling to gain pace for a move towards the $60,000 level. Bitcoin started a fresh increase above the $57,000 and $58,000 levels. The price is now trading above $57,000 and the 100 hourly simple moving average. There is
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A faulty Compound Finance contract intended to disburse liquidity mining rewards over time has been topped off with $66 million - and counting - in tokens on Sunday morning.Over a quarter of those funds may have been exploited due to the same bug that drained $80 million in tokens
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Ethereum settled below the $3,000 support zone against the US Dollar. ETH price could resume its decline unless there is a clear break above the $3,000 resistance zone. Ethereum started a fresh decline below the $3,100 and $3,000 support levels. The price is now trading below $3,000 and the 100 hourly simple
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