Author: driver789

Ethereum price has held above $1,900 against the current crypto market volatility. However, a bearish crossover continues to threaten a drop below this crucial level. Summary Ethereum price approached the $1,900 support as liquidations mounted and investors moved away from risk assets. A bearish SMA crossover has been confirmed on the daily chart. According to data from crypto.news, Ethereum (ETH) price briefly fell 12% to an intraday low of $1,930 on Monday before retracing back part of its loss as it stabilised around $2,000 at press time. Ethereum has spent the last three sessions oscillating within a tight $1,900 to…

Crypto trading surged on Japan’s Bitflyer on Monday as the Nikkei slid, with the Tokyo-based exchange posting a larger jump in volume than global platforms such as Binance and Coinbase during a sharp selloff in Asian equities.According to CoinGecko data, Bitflyer’s 24 hour trading volume is up 200% compared to 112% on Coinbase, and 75% on Binance. Activity on Korean exchanges was more muted, with Upbit volumes rising 27.1% and Bithumb up 49.0%.The surge in Japanese crypto trading coincided with a sharp selloff in regional equities, as Japan’s Nikkei slid alongside declines in Korea and Taiwan amid an unprecedented surge…

Like other altcoins in the space, the Cardano price has suffered a tremendous amount of losses over the last few months. This relentless sell-off has pushed the ADA price so low that it is now sitting at levels not seen since the last bear market. Even now, Cardano remains in danger of further decline, as explained by crypto analyst Lingrid in a recent analysis. Why Cardano Could Crash Further The major problem being faced by the Cardano price now is that the bulls have failed a number of times to reclaim control from the bears. With each failure, the hold…

Nonprofit organization Flow Foundation and its parent company Dapper Labs on Monday filed with the Seoul Central District Court to suspend the termination of trading support for its native token FLOW on three South Korean exchanges.Layer-1 blockchain Flow suffered a “security incident” in December when an attacker exploited a vulnerability that allowed certain assets to be duplicated rather than minted, bypassing supply controls without accessing or draining existing user balances.The exploit resulted in $3.9 million in duplicated tokens, but “no user funds were compromised, and all counterfeit tokens were permanently destroyed.” Several exchanges halted FLOW token trading following the incident due…

The excessive use and oversight of artificial intelligence in the workplace is giving workers “AI brain fry,” contrary to the technology’s assurance that it would ease job pressures.Workers who are using AI tools report that the technology is “intensifying rather than simplifying work,” researchers from Boston Consulting Group and the University of California wrote in the Harvard Business Review on Friday.A study of nearly 1,500 full-time US workers found 14% said they had experienced “mental fatigue that results from excessive use of, interaction with, and/or oversight of AI tools beyond one’s cognitive capacity,” or what the researchers called “AI brain…

Bitcoin, being referred to as digital gold, is nothing new, as proponents have, for the longest time, expected the digital asset to replicate gold’s growth. Currently, the market cap of gold is more than 20 times that of BTC ($67,852.00 · Live), but that has not changed the expectations that BTC will eventually be the bigger asset. This time around, it is Bitcoin proponent Samson Mow who is once again making the comparison and predicting what could happen between the two assets. Betting On Bitcoin To Overtake Gold In an X post, Samson Mow once again reiterated support for BTC,…

Bitcoin is holding up better than it probably should.The largest cryptocurrency traded at $67,378 on Monday morning, up 1.1% over the past 24 hours and essentially flat on the week, while the world around it deteriorated sharply.Among majors, ether rose 2.3% to $1,981, hovering just below $2,000. BNB gained 1.4% to $624. Dogecoin added 1.8% to $0.09. Solana climbed 1.8% to $83.69 but remains down 1.5% on the week, still the weakest major over a seven-day basis. XRP was flat at $1.35, down 1% on the week.S&P 500 futures fell more than 2% in Asian trading. The VIX surged to…

Ethereum price started a fresh decline below $2,000. ETH is now correcting gains above $1,920 and might decline further in the near term. Ethereum started a downside correction below the $2,020 zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Dips Further Ethereum price started a fresh decline after it failed to stay above $2,020, like…

Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, indicated on Sunday that the firm is buying more BTC, as the price hovers near the $66,000 level. “The Second Century Begins,” Saylor said on X, as he shared the Strategy BTC accumulation chart that has become synonymous with impending BTC purchases.Strategy’s most recent BTC purchase occurred during the last week of February, when the company bought 3,015 BTC for more than $204 million, bringing its total holdings to 720,737 BTC, valued at about $48.1 billion using market prices at the time of publication.The price of Bitcoin is currently below Strategy’s…

NANAY Party-List Rep. Yatco Files 13th Bill Pushing for Blockchain in National Budget – BitRss – Crypto World News BitPinas 1 hour ago 33 This filing marks the 13th bill introduced in the House of Representatives during the 20th Congress that seeks to utilize blockchain technology to enhance transparency and accountability in the Philippines’ national budget. BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage International NANAY Party-List Rep. Yatco Files 13th Bill Pushing for Blockchain in National Budget BitRss World Crypto News | Market BitRss | Short Urls Design…