Author: Digicoinvision
After outflows on Wednesday, both bitcoin and ether exchange-traded funds (ETFs) bounced back on Thursday with combined inflows of $376 million. Bitcoin ETFs brought in $163 million, while ether ETFs outperformed with $213 million in net entries. Investor Confidence Returns as Bitcoin ETFs Add $163 Million, Ether ETFs $213 Million The tide turned on Thursday, […]
The European Union will include cryptocurrency platforms in its latest financial sanctions against Russia, marking the first time digital asset services have been directly targeted.The measures, part of the bloc’s 19th sanctions package, prohibit all cryptocurrency transactions for Russian residents and restrict dealings with foreign banks tied to Russia’s alternative payment systems, according to a statement by European Commission President Ursula von der Leyen published Friday. The package also seeks to block transactions with entities operating in Russian special economic zones.“As evasion tactics grow more sophisticated, our sanctions will adapt to stay ahead,” von der Leyen said. “Therefore, for the…
Ethereum’s Fusaka upgrade is tentatively slated for Dec. 3 on mainnet, aiming to expand data capacity for rollups while aiming to preserve decentralization and security. Fusaka Incoming Ethereum core contributors set the target after aligning on testnet steps and parameters at the All Core Devs – Consensus (ACDC) #165 meeting, with discussion centered on scope […]
Of all the parts of the Ethereum protocol, aside from the mining function the fee structure is perhaps the least set in stone. The current values, with one crypto operation taking 20 base fees, a new transaction taking 100 base fees, etc, are little more than semi-educated guesses, and harder data on exactly how much computational power a database read, an arithmetic operation and a hash actually take will certainly give us much better estimates on what exactly the ratios between the different computational fees should be. The other part of the question, that of exactly how much the base…
The crypto market has recently gone through a minor dip amid the wider uncertainty. In this respect, the total crypto market capitalization has experienced a 0.44% decrease to reach the $4.08T mark. In addition to this, the 24-hour crypto volume has also plunged by 29.18%, reaching $151.4B. Concurrently, the Crypto Fear & Greed Index is “Neutral,” while sitting at 52 points. Bitcoin Dips by 0.31% and Ethereum ($ETH) Sees 1.12% Decrease Particularly, the top cryptocurrency, Bitcoin ($BTC), has seen a 0.31% drop in price. As a result of this, its current price level is $116,931.84 while its market dominance stands…
Key points:Bitcoin fails to close above $117,200, opening the door to support retests.A giant $4.9 trillion options expiry event adds further friction for Bitcoin bulls on Friday.Order-book liquidity shows bids massing at $110,000 and above, creating a “magnet” for price.Bitcoin (BTC) missed a key daily close into Friday as traders expected short-term BTC price losses.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBitcoin adds headwinds after daily close missData from Cointelegraph Markets Pro and TradingView showed that BTC/USD narrowly avoided a daily close above $117,200.This had been one of the key lines in the sand on short timeframes — a reclaim would allow price…
Crypto analyst Javon Marks has revealed that Shiba Inu has completed a bullish setup and that a rally of around 138% may be on the horizon. Fundamentals such as the new SEC rule also provide a bullish outlook for the foremost meme coin. Shiba Inu’s Bullish Setup Hints At 138% Rally In an X post, Marks said that Shiba Inu’s setup is still hinting at a rally of over 138%, which would send the SHIB price back to around $0.000032. He added that it is only a matter of time for this move to materialize as a bull signal holds…
Binance US now supports Abstract Chain, letting U.S. users deposit and withdraw ETH on the Layer 2 network without bridging. Summary The integration is part of Binance US’s broader expansion of Ethereum Layer 2 support, following earlier adoption of the Base network for ETH and USDC transactions. Abstract Chain, developed by Igloo Inc. and backed by investors including Peter Thiel’s Founders Fund, delivers scalable, low-cost transactions with features like account abstraction and social login. Binance US has integrated Abstract Chain, a recently launched Ethereum Layer 2 network, allowing U.S. users to deposit and withdraw Ethereum (ETH) without the need for…
The European Union will include cryptocurrency platforms in its latest financial sanctions against Russia, marking the first time digital asset services have been directly targeted.The measures, part of the bloc’s 19th sanctions package, prohibit all cryptocurrency transactions for Russian residents and restrict dealings with foreign banks tied to Russia’s alternative payment systems, according to a statement by European Commission President Ursula von der Leyen published Friday. The package also seeks to block transactions with entities operating in Russian special economic zones.“As evasion tactics grow more sophisticated, our sanctions will adapt to stay ahead,” von der Leyen said. “Therefore, for the…
The XRP price is showing signs of repeating a past price pattern that once led to a strong rally. According to crypto analyst Egrag Crypto, this setup suggests a move higher in the weeks ahead. To back the bullish case, the token is currently holding its ground above support areas. Traders across the market are now waiting to see if this pattern develops into another upward move. Analyst Spots Bullish Fractal Formation In XRP Price Chart Egrag Crypto has been studying the XRP price chart and points to what he calls a repeating fractal formation. In this case, the current…