
FxWirePro- Ethereum Daily Outlook
Aug 23, 2024 15:24 pm UTC| Technicals Digital Currency
Major resistance - $2800 (Support turned into resistance) ETHUSDshowed a minor pullback after the dovish Fed chairman speech. It hit a high of $2699 at the time of writing and is currently trading at around...

How Web3 and Blockchain Are Shaping the Future of Digital News
Aug 23, 2024 14:40 pm UTC| Digital Currency
The digital media industry is at a crossroads, facing ongoing challenges in delivering trustworthy news in an era of information overload. Web3 and blockchain technology are emerging as potential game-changers, offering a...

FxWirePro- Ethereum Daily Outlook
Aug 23, 2024 12:17 pm UTC| Technicals Digital Currency
Major resistance - $2800 (Support turned into resistance) ETHUSDconsolidates in a narrow range ahead of the Jackson Hole symposium. It hit a high of $2690 and is currently trading at around $2613. According...

FxWirePro- BTCUSD Daily Outlook
Aug 23, 2024 11:13 am UTC| Technicals Digital Currency
BTCUSD holds above $60000 ahead of the Jackson Hole Symposium. It hit a high of $61336 andis currently trading ataround $61100. US jobless claims increased slightly and SP services PMI rose sharply showing that the...

FxWirePro- TAOUSD (Chart of the day)
Aug 23, 2024 09:07 am UTC| Technicals Digital Currency
TAOUSD surged sharply after a long consolidation. Any weekly close above $400confirms further bullishness. TAOUSD surged more than 30% in the past week. It holds above the short-term (21 and 55 EMA) and...

Sony’s Soneium Ethereum L2 Launch Triggers Major Market Rally For These Cryptos
Aug 23, 2024 08:40 am UTC| Digital Currency Technology Business
Sony Group, in collaboration with Startale, has unveiled Soneium, a public Ethereum Layer 2 blockchain based on Optimism, with the goal of empowering the Web3 community. Sony Group and Startale Unveil Soneium Ethereum...

Tron Slashes 4,000 Bitcoin from USDD Reserves, Justin Sun Addresses the Strategy Behind It
Aug 23, 2024 08:16 am UTC| Digital Currency Technology Business
The Tron DAO Reserve has slashed its USDD stablecoin Bitcoin reserves by 42%, transferring 4,000 BTC to HTX. Justin Sun has elaborated on the rationale, linking it to foundational DeFi mechanisms. USDD Bitcoin Reserves...