Author: msmark

This article is also available in Spanish. Ethereum price may face some turmoil Justin Sunfounder of Tron (TRX), secured a whopping $209 million from Lido Finance, a decentralized liquid staking platform for Ethereum. Compared to the best cryptocurrencies such as Bitcoin (BTC) and Dogecoin (DOGE)Ethereum price performed relatively poorly, rising to $4,000 before consolidating and struggling to move higher. With the potential for further sales, Ethereum could see its price collapse If Sun decides to dump more coins. Justin Sun is ditching ETH new Reports Spot On Chain, an AI-based cryptocurrency platform, revealed that Sun recently applied to divest a…

Ethereum price has stalled at the $4,000 resistance level, but on-chain metrics and other external factors point to further gains. Ethereum (Ethereum), the second largest cryptocurrency by market capitalization, was traded at $4,008. But the momentum failed to continue as it faced resistance for the past three weeks in a row. However, ETH has positive catalysts that could push its price higher in the near term. The first major catalyst is that Bitcoin (Bitcoin) continued to rise and moved to a record high this week. Altcoins like Ether often track the price of Bitcoin. Ethereum ETFs It is also seeing…

This article is also available in Spanish. For the first time in more than three years, Ethereum (ETH) has reached an important price level of $4,100. This level has proven to be a major resistance point for investors, especially as the leading altcoin struggled to break through it during the bullish momentum witnessed in the first quarter of this year. Are you ready to go higher if it breaks the resistance between $4,000 and $4,100? Renewed bullish sentiment among cryptocurrency investors has led analysts to predict potential new all-time highs for Ethereum, surpassing its previous highs. register Valued at $4,878,…

This article is also available in Spanish. Ethereum is on the verge of reclaiming the $4,000 level as it approaches all-time highs. The second-largest cryptocurrency by market cap has faced skepticism throughout this cycle, with some analysts predicting it will underperform compared to its previous bullish waves. However, Ethereum has surprised skeptics, rising steadily in recent weeks despite market uncertainty. Related reading Key on-chain metrics from Glassnode reveal an important trend that could fuel further price gains: Ethereum whales have been accumulating aggressively since late November. This indicates growing confidence among major shareholders, who are positioning themselves for a potential…

Athena Laboratories Announce the launch USDtb A stable coin, which will benefit Black Rock The tokenized fund, US Dollar Institutional Digital Liquidity Fund (BUIDL), for 90% of its backing.According to the December 16 announcement, the partnership is facilitated by Securitize.USDtb will operate independently of Ethena’s existing algorithmic stablecoin, USDe, offering users and exchange partners a stablecoin with a different risk profile. Ethena’s Risk Committee also approved USDtb as a potential backing asset for US dollarswhich enhances its ability to navigate volatile market conditions. USDtb’s design provides flexibility and risk mitigation across the Ethena ecosystem and beyond Spark’s $1 billion token…

The Stanford Blockchain Club has issued a scathing criticism of the US Department of Justice (DOJ). Prosecution to Tornado Cash Developers Roman Storm and Roman Semenov, calling it a bypass of outdated federal money transfer laws.In its report titled “Tornado Cash and the Limits of Money Transfer,” the club challenged the Department of Justice’s use of 18 USC § 1960, a law targeting unlicensed money transfer companies, to charge fees to the developers of Tornado Cash, a decentralized company. Ethereum-Existing protocol.The Justice Department’s 2023 indictment described Tornado Cash as an “unlicensed money transmitter” for enabling users to anonymize cryptocurrency transactions.The…

Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the world of cryptocurrencies is nothing short of cinematic. His journey began not with a successful investment, but with a scam. Yes, he was involved in a Ponzi scheme that used cryptocurrencies as a means of payment. Instead of retreating, he emerged wiser and more determined, channeling his experience into more…

ripple will He releases and its stablecoin pegged to the US dollar, Ripple USD (RLUSD), on December 17 XRP Ledger f Ethereum.According to the December 16 announcement, each RLUSD token will be fully backed by USD deposits, government bonds, and cash equivalents.The stablecoin will initially be available on Uphold, Bitso, and com.MoonPayAnd Archaxes and Queen Mina. In the coming weeks, the company plans to expand to include prominent platforms such as Bullish, BitstampAnd Mercado Bitcoin. In addition, Ripple will provide monthly third-party certifications of RLUSD reserves, which will be audited by an independent firm.CEO of Ripple Brad Garlinghouse The company…

This article is also available in Spanish. Ethereum It is making headlines again as it approaches the critical $4,100 resistance level. After building steady upward momentum, Bulls He seems determined to regain control and challenge this key roadblock. Historically, this level has been a difficult hurdle for ETH, but recent price action indicates growing buyer confidence. As the price of ETH rises, traders are watching with interest to see if this is the case pool He has what it takes to finally break through resistance and pave the way for further gains. With high risks and batch As growth picks…

TRON founder Justin Sun has applied to withdraw 52,905 ETH, worth $209 million, from Lido Finance. Historical data says this may affect Ethereum prices. The withdrawal was part of a larger Ethereum (Ethereum) The accumulation strategy in which Sun allegedly purchased 392,474 ETH at an average price of $3,027, now showing an estimated profit of $349 million. This is not the first time that Sun has withdrawn large amounts of ETH. On October 4, 2023, Sun withdrew 80,253 uncollateralized ETH, coming with about $131 million from Lido, and transferred it to Binance within four days, around mid-October. Soon after, a…