CryptoNews

Ethereum Technical Analysis: ETH Exhibits Mixed Signals; Resilience Amidst Bearish Trends – Bitcoin News

December 22, 2023
As of December 11, 2023, ethereum exhibits a blend of neutral and bearish trends. Mirroring bitcoin’s trajectory, ether experienced a pronounced decline during the transition from Sunday’s late-night trading into Monday. Ethereum Today, ethereum’s (ETH) value hovers at $2,239, fluctuating within a 24-hour span between $2,217 and $2,376. This fluctuation underscores the notable instability…
Read more
CryptoNews

Report: 47% of Nigerians Engaged in Crypto-Related Activities

December 11, 2023
A recent study has revealed that a significant 47% of Nigerians are actively involved in crypto trading, showcasing a remarkable integration of cryptocurrencies into their financial activities. The analysis further highlights a substantial 15% increase in crypto ownership within the country between 2020 and 2023. This surge in participation reflects the growing significance of crypto trading in…
Read more
CryptoNews

SEC Warns Crypto Investments Can Be 'Exceptionally Risky'

December 11, 2023
The U.S. Securities and Exchange Commission (SEC) has renewed its warning that investments in crypto assets can be “exceptionally risky.” The regulator stressed that crypto-related investments “continue to be replete with fraud, including bogus coin offerings, Ponzi…
CryptoNews

Tether Implements New Stablecoin-Freezing Policy After Seizing Funds Tied to OFAC Sanctioned Entities

December 11, 2023
Tether, a leading stablecoin company in the crypto industry, has announced a significant new initiative aimed at strengthening the security of the crypto asset ecosystem. The company announced this weekend that its recent move to voluntarily tether freezing wallets linked to the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List marks a proactive step towards…
Read more
CryptoNews

Cardano and Avalanche Soar, Outperforming Top 20 Cryptos in Weekly Surge

December 11, 2023
Market statistics indicate that two specific crypto assets among the top 20 in market capitalization, avalanche and cardano, have experienced substantial gains this past week. Avalanche has surged 48.7% and cardano has increased by 50.4% against the U.S. dollar in the previous seven days. Top Performers of the Week: Cardano and Avalanche Record Substantial Rises Currently, the 11,380 crypto assets…
Read more