Ethereum started another decline from the $3,030 resistance against the US Dollar. ETH even spiked below $2,800 and currently attempting an upside correction. Ethereum started a major decline below the $2,950 and $2,860 support levels. The price is now trading below $2,950 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,910 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,800 support to start… Source link

Ethereum scalability solution Optimism revealed their governance token, called OP. This will mark the beginning of a transformation process for the Optimism ecosystem. It aims and providing users with more power with a unique governance system. Related Reading | Bitcoin Beneath Key Support Level; What’s Next? Control via two entities, the Citizens’ House and the Token House, each with its own responsibilities and the common goal of supporting a sustainable… Source link

Analyzing Ether’s (ETH) current price chart paints a bearish picture, which is largely justified by the 11% drop over the past month, but other traditional finance assets faced more extreme price corrections in the same period. The Invesco China Technology ETF (CQQ) is down 31% and the Russell 2000 declined by 8%. Ether price at FTX, in USD. Source: TradingView Currently, traders fear that losing the descending channel support at $2,850 could lead to a stronger price downturn, but this largely… Source link

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Cybercrime … Source link

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Cybercrime … Source link

It’s a big move given that Fidelity is the largest 401(k) plan provider in the United States, acting as custodian for 23,000 plans, which have 20.4 million participants. In total, those plans represent $2.7 trillion in assets under management. It is also the first major 401(k) provider to offer cryptocurrency as an investment for retirement savers. The bitcoin option, however, will only be on offer to participants whose employers have elected to include it in their plan. Fidelity did not… Source link

Published on April 26, 2022 Today, Fort Worth becomes the first city government in the United States to mine Bitcoin. This pilot program, launched by the Office of Fort Worth Mayor Mattie Parker and the City of Fort Worth in partnership with Texas Blockchain Council, recognizes the exponential growth of the blockchain and cryptocurrency industries while advancing Fort Worth’s goal of becoming a leading center of tech and innovation. Beginning today, the S9 Bitcoin mining machines… Source link

A Bitcoin logo is displayed on an ATM in Hong Kong in 2017. More workers may soon be able to stake some of their 401(k) retirement savings to bitcoin. Kin Cheung/AP hide caption toggle caption … Source link

Disclaimer: This is a sponsored press release. Readers should conduct their own research prior to taking any actions related to the content mentioned in this article. Learn more › The first cryptocurrency, Bitcoin (BTC), was created in 2009. Since then, thousands of other cryptocurrencies have been created. The total market value of all cryptocurrencies is over $2 trillion. Bitcoin (BTC), the largest cryptocurrency by market value, is worth over $790 billion. Ethereum (ETH), the… Source link

Key Takeaways Lido is a popular liquid staking solution for Ethereum and other blockchains. Lido accounts for the vast majority of liquid staking derivatives in the Ethereum ecosystem. As it’s seen parabolic growth, there are growing concerns that it could impact Ethereum’s decentralization. While the concerns are warranted, Ethereum staking should become more decentralized as the network grows and more solutions like Lido enter the market. Share this article Lido is a liquid… Source link