Day: October 4, 2022

Ethereum Price Breaks Hurdle, Why Bulls Could Aim $1,500 or Higher

Aayush Jindal

Ethereum cleared the key $1,350 resistance zone against the US Dollar. ETH is rising and might climb further higher towards the $1,500 resistance zone. Ethereum is slowly moving higher and trading above the $1,350 level. The price is now trading above $1,350 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a clear move above the $1,370 resistance. Ethereum Price Eyes…

Celsius’ co-founder Daniel Leon follows Mashinsky out as crypto exec flight continues

Derek Andersen

S. Daniel Leon, who cofounded Celsius with Alex Mashinsky in 2017, has quit his job as the bankrupt crypto lender’s chief strategy officer, CNBC reported Oct. 4, citing unnamed sources and an internal memo seen by the outlet. Bloomberg later reported receiving confirmation of Leon’s resignation from the company. Leon’s resignation comes one week after Mashinsky’s and is part of an apparently growing trend. Celsius filed for bankruptcy July 13, while it was under investigation by six American states and a month after freezing withdrawals. The company was reportedly $1.9…

Markets Seem Hopeful the Fed Will Temper Rate Increases That Crushed Prices

Anthony B

● Bitcoin (BTC): $20,379 +4.2% ● Ether (ETH): $1,360 +3.0% ● CoinDesk Market Index (CMI): $989 +3.0% ● S&P 500 daily close: 3,790.93 +3.1% ● Gold: $1,735 per troy ounce +2.5% ● Ten-year Treasury yield daily close: 3.62% −0.2 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Author:…

Xiroverse To Launch Its Web3 Gaming Application ‘Xiro App’ In Q4 2022

Anthony B

The London-based Web3 and Metaverse-focused tech start-up with global ambitions transform any smartphone into a Web3 gaming platform by providing seamless access to the Metaverse. With over 250K signups for its gaming app waitlist, Xiroverse announced the launch of the Xiro app, a ‘Proof of Game’ protocol-based lifestyle application. The app allows users to reform their mobile phones into a powerful Web3 and Metaverse gaming platform with SocialFi & GameFi features. What is being described as “ground-breaking” by experts in the industry, the Xiro App is currently in closed testing…