Özgür Güneri, der CEO von BtcTurk, erklärte, die Firma wolle der COPA beitreten, um Krypto-Technologien, insbesondere Bitcoin, zu schützen.
Mutmaßlicher Insiderhandel: US-Behörden verhaften ehemaligen Coinbase-Manager
Drei Personen sollen mehrere Ethereum-Wallets verwendet haben, um bestimmte Token im Vorfeld deren Notierungen zu kaufen. Mindestens 14 Token-Ankündigungen auf Coinbase sind davon betroffen.
Watch these levels as XRP fails at resistance that has been holding price
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XRP corrects 5% after a week of gains
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Ripple continues to enjoy positive developments on the case with SEC
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XRP could continue to correct until it finds support at $0.33
Ripple’s XRP/USD is recovering, but sustainable gains depend on a key resistance. As of press time, XRP was down 5% in 24 hours as bulls failed to inspire a breakout of $38. The token fell alongside other cryptocurrencies. The decline can be said to be a correction after the market was bullish for a week.
Revising the SEC case, Ripple remains right on track, although the outcome remains uncertain. On July 12, a US court rejected SEC’s call to withhold some documents against Ripple. The documents, which relate to 2018’s so-called Hinman speech, could have influenced proceedings. Either way, courts continuously siding with Ripple is positive. It suggests that things are progressing well for the firm. The markets are warming up for the outcome of the case that could shape XRP’s price.
As of the moment, XRP remains among the top cryptocurrencies despite the uncertainty. At position 7 by market cap, it is above Cardano and Solana. The latest gains have been due to market sentiment, but XRP has a hurdle to clear at $38.
XRP corrects after rejection at key resistance
Source – TradingView
Technical analysis indicates that XRP has been rejected again at the key resistance of $0.38. The MACD indicator has crossed below the moving average, suggesting a bearish momentum. Following the latest gains, investors could be taking profits. We expect the current correction to continue. XRP could settle at a support zone of $0.33. It could also slide to another support at $0.30. Investors should watch the two levels for price action and sentiment.
Summary
XRP has a short-term bearish momentum after getting rejected at $0.38. The cryptocurrency could settle at $0.33 or $0.30.
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Bearish MACD crossover makes Chainlink vulnerable to $6.0
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LINK has lost 7% due to market correction
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LINK’s recent rally is connected to broader crypto recoveries
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Robinhood listing and entry into Fantom mainnet reinforces Chainlink fundamentals
Cryptocurrencies have been returning huge in the past week. As is expected, market corrections follow. The corrections open up new buy opportunities. That’s exactly what’s happening to Chainlink LINK/USD after losing 7% in a day.
Chainlink’s LINK recovered successfully from the support of $6.0 as most cryptocurrencies gained. The gains could also be a result of investor interest after Chainlink was listed on Robinhood.
Another development that could have influenced LINK’s rally is the entry to Fantom Mainnet. Fantom said that both Chainlink Keepers and Chainlink’s Verifiable Random Function went live on its mainnet. That proved that Chainlink was a reliable Oracle provider to smart contracts like Fantom.
LINK’s rally has now hit a snag, and it is important that investors understand the cycles for the token. The technical analysis below illustrates when LINK may rally next.
LINK stalls and corrects with $6.0 in sight
Source – TradingView
A technical outlook of LINK shows uniquely identifiable price patterns that can be useful to investors. The price has remained within the $6.0 and $7.3 range since the start of June. Keen investors would be good buying the support at $6.0 and selling at $7.3.
As the price hits the resistance, investors can sell now and consider buying the retracement. The token is already under bear pressure as the MACD line crosses below the moving average. The next price in sight is $6.0, although that depends on the prevailing crypto sentiment.
Concluding thoughts
Chainlink’s LINK could continue to correct as technical indicators show. The buying zone is at $6.0, the established support. The established resistance to watch is $7.3. Investors should also watch for a potential breakout above $7.3 for sustained gains.
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Vitalik Buterin says Ethereum’s transition has been ‘long and complicated’
Ethereum network will be 55% complete after the ‘merge’, says co-founder Vitalik Buterin.
Ethereum co-founder Vitalik Buterin has hinted at the network hitting the 55% roadmap completion level after its much-anticipated “Merge.”
The countdown to the switch from proof-of-work (PoW) to proof-of-stake (PoS) is now ticking after last week’s announcement of 19 September as the date it finally happens.
Buterin was speaking at the fifth annual Ethereum Community Conference (EthCC) held in Paris.
According to him, the road towards proof-of-stake has been long and arduous for the community.
“The Ethereum protocol right now is in the middle of this long and complicated transition, and it’s a transition toward becoming a system that is more powerful and robust in so many ways,” he said.
He then talked of the “big five” developmental stages of the Ethereum protocol roadmap – the merge, the surge, verge, the purge and the splurge – with the PoS switch reflecting the “Merge” and sharding representing the “Surge.”
Only 55% complete
The merge, which is the transition so far, has achieved much and the decentralisation goal is not far off. However, there’s still much to do, with the network’s overall roadmap likely to hit only the “55% complete” level post-merge.
Completing the transition, he explained, involves “deep changes,” which he says include monetary policy (reduction of issuance), security model and transaction inclusion process.
Scalability is also going to be a big part of Ethereum’s key features – especially as the roadmap moves to the “Surge.”
As is the case, Ethereum 2.0, or ETH 2.0, will usher in the era of 100,000 transactions per second, with shard chains astronomically improving transaction per second (TPS) count from the current average of 30 TPS.
You can watch Vitalik Buterin’s EthCC address in the video below.
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