Why is Avalanche Price One Support-Break Away From 20% Fall?
CoinGape (RSS)
Over the past two weeks, the crypto market has witnessed a notable downturn following the lead of Bitcoin price which recently plunged below $65000. While the aggressive selling price sparked a correction phase in most major coins. The Avalanche coin price shows notable resilience above $50 psychological support. Will this demand pressure trigger a fresh recovery trend?
Also Read: Avalanche (AVAX) Price Rallies 12% As Binance Announcement Boosts Market Sentiment
Can Avalanche Price Defend $50 Support?
Avalanche Price| Tradingview
On March 12th, the Avalanche price gave a bullish breakout from the $50 neckline resistance of the cup and handle pattern....
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CoinGape (RSS)
Over the past two weeks, the crypto market has witnessed a notable downturn following the lead of Bitcoin price which recently plunged below $65000. While the aggressive selling price sparked a correction phase in most major coins. The Avalanche coin price shows notable resilience above $50 psychological support. Will this demand pressure trigger a fresh recovery trend?
Also Read: Avalanche (AVAX) Price Rallies 12% As Binance Announcement Boosts Market Sentiment
Can Avalanche Price Defend $50 Support?
Avalanche Price| Tradingview
On March 12th, the Avalanche price gave a bullish breakout from the $50 neckline resistance of the cup and handle pattern....
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Spot Ethereum ETF: SEC Holds Off on VanEck’s Application Decision
CoinGape (RSS)
The United States Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the approval of the VanEck spot Ethereum ETF. This move extends the timeline for a verdict until May 23, 2024. The delay comes on the back of a number of postponements relating to other Ethereum-based ETF applications, with those events suggesting a general regulatory hesitancy.
Extended Decision Window
The recent disclosure of documents by the SEC revealed that the agency had decided to provide extra time for the evaluation of the spot Ethereum ETF proposal by VanEck. This extension is intended to enable the commission to give the proposed rule change a thorough look and resolve any concerns that may come up. SEC’s systematic style is clear evidence of its dedication to in...
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CoinGape (RSS)
The United States Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the approval of the VanEck spot Ethereum ETF. This move extends the timeline for a verdict until May 23, 2024. The delay comes on the back of a number of postponements relating to other Ethereum-based ETF applications, with those events suggesting a general regulatory hesitancy.
Extended Decision Window
The recent disclosure of documents by the SEC revealed that the agency had decided to provide extra time for the evaluation of the spot Ethereum ETF proposal by VanEck. This extension is intended to enable the commission to give the proposed rule change a thorough look and resolve any concerns that may come up. SEC’s systematic style is clear evidence of its dedication to in...
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XRP Price Crumbles Under Pressure As Ripple And SEC Race To Meet Deadlines
CoinGape (RSS)
The token powering the seventh-largest cryptocurrency ecosystem by market capitalization, XRP price, saw its plans of reaching $1 in March go up in flames as cryptocurrencies generally corrected from their recent highs.
XRP plunged from $0.7484 — the highest level achieved in 2024 to $0.5689 in tandem with Bitcoin’s dive to near $60,000. Ethereum also bled profusely, falling from above $4,000 to $3,050.
After a 15% decline, the price of XRP holds at $0.5835. Several four-hour candle closing below the crucial level at $0.6 implies that the downtrend may be far fr...
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CoinGape (RSS)
The token powering the seventh-largest cryptocurrency ecosystem by market capitalization, XRP price, saw its plans of reaching $1 in March go up in flames as cryptocurrencies generally corrected from their recent highs.
XRP plunged from $0.7484 — the highest level achieved in 2024 to $0.5689 in tandem with Bitcoin’s dive to near $60,000. Ethereum also bled profusely, falling from above $4,000 to $3,050.
After a 15% decline, the price of XRP holds at $0.5835. Several four-hour candle closing below the crucial level at $0.6 implies that the downtrend may be far fr...
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SEC pushes deadline on VanEck spot Ether ETF application
Cointelegraph.com News (RSS)
The commission's delay on VanEck’s application to May 23 opened the proposal to public comment.
Cointelegraph.com News (RSS)
The commission's delay on VanEck’s application to May 23 opened the proposal to public comment.
Price analysis 3/20: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON
Cointelegraph.com News (RSS)
Bitcoin and altcoins are starting to recover, but traders will watch closely to see if higher levels induce selling.
Cointelegraph.com News (RSS)
Bitcoin and altcoins are starting to recover, but traders will watch closely to see if higher levels induce selling.
Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a more hawkish stance.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a more hawkish stance.
Old Dolomite exchange contract suffers $1.8M loss from approval exploit
Cointelegraph.com News (RSS)
The Ethereum version of Dolomite suffered a $1.8 million exploit, and the team is warning users to revoke approvals for this old address.
Cointelegraph.com News (RSS)
The Ethereum version of Dolomite suffered a $1.8 million exploit, and the team is warning users to revoke approvals for this old address.
Do Kwon’s appeal thwarted by the Montenegro Court
Cryptopolitan (RSS)
The extradition of Terraform Labs founder, Do Kwon to South Korea has been met with complications following the request by the United States to have him. About a month ago, the Balkan high court ruled that Do Kwon could be extradited to the Republic of South Korea to face the criminal charges he’s accused of following the collapse of this cryptocurrency enterprise.
The Appellate Court of Montenegro has officially rejected the appeal made by Do Kwon’s defense attorneys by upholding the previous decision made earlier by the High Court in Podgorica on March 3rd, 2024.
The court asserted its ruling that Do Kwon can be extradited to South Korea for the purpose of criminal prosecution for several criminal offenses at the request of the Republic of South Korea. Interestingly, the same ruling refused summary extradition of the defendant at the request of the United States.
...
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Cryptopolitan (RSS)
The extradition of Terraform Labs founder, Do Kwon to South Korea has been met with complications following the request by the United States to have him. About a month ago, the Balkan high court ruled that Do Kwon could be extradited to the Republic of South Korea to face the criminal charges he’s accused of following the collapse of this cryptocurrency enterprise.
The Appellate Court of Montenegro has officially rejected the appeal made by Do Kwon’s defense attorneys by upholding the previous decision made earlier by the High Court in Podgorica on March 3rd, 2024.
The court asserted its ruling that Do Kwon can be extradited to South Korea for the purpose of criminal prosecution for several criminal offenses at the request of the Republic of South Korea. Interestingly, the same ruling refused summary extradition of the defendant at the request of the United States.
...
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Coinbase’s Base network struggles with surge in traffic and rising fees
Cryptopolitan (RSS)
Coinbase’s layer-2 blockchain, Base, designed to facilitate lower-fee transactions on the Ethereum network, is currently grappling with a surge in network activity. The increased demand has led to heightened traffic and rising transaction fees, causing disruptions for some users.
An official statement on the Coinbase status page revealed that the Base Mainnet is dealing with high traffic volumes, resulting in some transactions being stuck due to fees set too low. Additionally, it was noted that certain wallets, including the Coinbase Wallet, do not support the cancellation of transactions.
Base stands as the third-largest layer-2 network on Ethereum in terms of total deposits, holding over $700 million in total value locked, as reported by DefiLlama. This spike in activity coincides with a widespread interest in “meme...
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Cryptopolitan (RSS)
Coinbase’s layer-2 blockchain, Base, designed to facilitate lower-fee transactions on the Ethereum network, is currently grappling with a surge in network activity. The increased demand has led to heightened traffic and rising transaction fees, causing disruptions for some users.
An official statement on the Coinbase status page revealed that the Base Mainnet is dealing with high traffic volumes, resulting in some transactions being stuck due to fees set too low. Additionally, it was noted that certain wallets, including the Coinbase Wallet, do not support the cancellation of transactions.
Base stands as the third-largest layer-2 network on Ethereum in terms of total deposits, holding over $700 million in total value locked, as reported by DefiLlama. This spike in activity coincides with a widespread interest in “meme...
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Sweden’s Central Bank, The Riksbank, wraps up E-Krona pilot with focus on offline transactions
Cryptopolitan (RSS)
The Riksbank, Sweden’s central bank, unveiled its fourth and concluding report on the e-krona pilot project on March 20, presenting detailed insights into the digital currency’s offline functionality.
This last phase of the project diverged from its Phase 2 proposition, which primarily used mobile phones for storing offline transaction data. The central bank evaluated an alternative approach incorporating a “shadow wallet” for the online system alongside a payment card. This card is designed to function both as a payment method and a tracker for offline balance adjustments.
The pilot explored four main use cases: loading and unloading funds to the payment instrument, conducting offline payments at points of sale via Near Field Communications (NFC), executing offline...
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Cryptopolitan (RSS)
The Riksbank, Sweden’s central bank, unveiled its fourth and concluding report on the e-krona pilot project on March 20, presenting detailed insights into the digital currency’s offline functionality.
This last phase of the project diverged from its Phase 2 proposition, which primarily used mobile phones for storing offline transaction data. The central bank evaluated an alternative approach incorporating a “shadow wallet” for the online system alongside a payment card. This card is designed to function both as a payment method and a tracker for offline balance adjustments.
The pilot explored four main use cases: loading and unloading funds to the payment instrument, conducting offline payments at points of sale via Near Field Communications (NFC), executing offline...
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Coinbase Warns of Base Network Congestion, High Fee Menace
CoinGape (RSS)
According to a published Status Update, there has been an increase in transaction fees on the Base Network owing to another Coinbase congestion saga.
Coinbase Congestion Triggers High Gas Fee
The American cryptocurrency exchange shared an update informing its users of the sudden high network traffic on the Ethereum-based Layer-2 protocol causing an equally high transaction fee. Consequently, Coinbase clarified that some user transactions that were earlier submitted with lower fees may be kept on “pending” status.
Any user who comes across such a situation is advised to cancel it and resubmit with the newly stated transaction gas fee. Those who are unable to cancel their transactions would be required to wait until the Coinbase congestion reduces when the transaction will be completed at the initial subsid...
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CoinGape (RSS)
According to a published Status Update, there has been an increase in transaction fees on the Base Network owing to another Coinbase congestion saga.
Coinbase Congestion Triggers High Gas Fee
The American cryptocurrency exchange shared an update informing its users of the sudden high network traffic on the Ethereum-based Layer-2 protocol causing an equally high transaction fee. Consequently, Coinbase clarified that some user transactions that were earlier submitted with lower fees may be kept on “pending” status.
Any user who comes across such a situation is advised to cancel it and resubmit with the newly stated transaction gas fee. Those who are unable to cancel their transactions would be required to wait until the Coinbase congestion reduces when the transaction will be completed at the initial subsid...
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3 reasons why Binance’s BNB could rally to a new all-time high
Cointelegraph.com News (RSS)
BNB price could aim for new highs as multiple metrics point to Binance remaining a major player in the crypto sector.
Cointelegraph.com News (RSS)
BNB price could aim for new highs as multiple metrics point to Binance remaining a major player in the crypto sector.
Protocol Village: Morph EVM Raises $19M in Seed Round Led by Dragonfly
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 21-26.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 21-26.
Breaking: Coinbase Files To List DOGE, LTC and BCH Futures Trading
CoinGape (RSS)
American cryptocurrency exchange Coinbase Global Inc. is looking to list a few digital assets Litecoin (LTC), Bitcoin Cash (BCH), and Dogecoin (DOGE) Futures trading.
Dogecoin, Litecoin, and Bitcoin Cash Futures Trading Set For April 1
The Commodity Futures Trading Commission (CFTC) received a filing from Coinbase Derivatives LLC detailing its intention for the regulated United States Futures. Notably, the filing was submitted on Thursday, March 7th and it successfully went unnoticed by many community members.
In the meantime, no response has been received from the CFTC but if there are no objections from the Commission, the products including Dogecoin Futures ETF will be available for trading from April 1. The X user who posted the news, Summers, highlighted that the new development would be a plus for ...
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CoinGape (RSS)
American cryptocurrency exchange Coinbase Global Inc. is looking to list a few digital assets Litecoin (LTC), Bitcoin Cash (BCH), and Dogecoin (DOGE) Futures trading.
Dogecoin, Litecoin, and Bitcoin Cash Futures Trading Set For April 1
The Commodity Futures Trading Commission (CFTC) received a filing from Coinbase Derivatives LLC detailing its intention for the regulated United States Futures. Notably, the filing was submitted on Thursday, March 7th and it successfully went unnoticed by many community members.
In the meantime, no response has been received from the CFTC but if there are no objections from the Commission, the products including Dogecoin Futures ETF will be available for trading from April 1. The X user who posted the news, Summers, highlighted that the new development would be a plus for ...
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Judge Approves Probe into Sullivan & Cromwell’s Ties with FTX
CoinGape (RSS)
The bankruptcy court has approved an extensive probe into the relationship between Sullivan & Cromwell LLP, a leading law firm, and FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022. This ruling is a stepping-stone to the scrutiny of the legal firm’s role and actions prior to and during FTX’s bankruptcy proceedings.
Scrutiny Over Sullivan & Cromwell’s Involvement
The authorized inquiry will investigate the possible conflicts of interest and the levels of Sullivan & Cromwell’s engagement with FTX before filing for bankruptcy. The investigation is currently underway following allegations and lawsuits that have cast doubts on the conduct of the law firm and its advisory functions to FTX. Having billed over $170 million to the FTX estate for...
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CoinGape (RSS)
The bankruptcy court has approved an extensive probe into the relationship between Sullivan & Cromwell LLP, a leading law firm, and FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022. This ruling is a stepping-stone to the scrutiny of the legal firm’s role and actions prior to and during FTX’s bankruptcy proceedings.
Scrutiny Over Sullivan & Cromwell’s Involvement
The authorized inquiry will investigate the possible conflicts of interest and the levels of Sullivan & Cromwell’s engagement with FTX before filing for bankruptcy. The investigation is currently underway following allegations and lawsuits that have cast doubts on the conduct of the law firm and its advisory functions to FTX. Having billed over $170 million to the FTX estate for...
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FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse