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Day: June 12, 2024

cryptocurrency June 12, 2024

The CME FedWatch Tool has indicated a low probability of a cut. Senator Warren’s letter hinted at Bitcoin’s bullish situation. With the Federal Open Market Committee (FOMC) meeting scheduled for the 12th of June, the crypto community is abuzz with speculation about its effect on market dynamics. Advertisements Current indications suggest that interest rates will […]

cryptocurrency June 12, 2024

Metamask has launched pooled staking to enable ETH holders to stake in validators operated by Consensys regardless of the amount of Ethereum they hold. Advertisements The launch will empower more people to be rewarded for securing the Ethereum network. Pooled Staking On Metamask Available For Some Users The leading self-custodial wallet for over 100 million […]

cryptocurrency June 12, 2024

Industrial and Commercial Bank of China (ICBC), the largest Chinese bank, recently published a report highlighting Bitcoin (BTC) and Ethereum’s (ETH) potential. Notably, the report refers to Ethereum as “digital oil,” emphasizing its role in the digital economy. Advertisements This endorsement by such a prominent financial institution highlights Ethereum’s growing importance and potential for future […]

cryptocurrency June 12, 2024

Ethereum price failed to recover above the $3,650 resistance. ETH declined again below the $3,550 level and now shows bearish signs below $3,600. Advertisements Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]

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