Ethereum price decline (ETH) is trading at around $1,525 as of April 21, 2025, marking a continuous decline from its all-time high of $4,721.07. Many observers believe ETH may drop even further if macroeconomic conditions change and market volatility subsides, potentially retesting the crucial $1,400 support level. Ethereum Struggles at Resistance, Risks Further Decline Ethereum has battled to get past the zone of resistance between $1,720 and $1,750. Particularly, 1,724 have become a significant supply source, routinely turning down efforts to increase prices. Without a clear breakout backed by substantial trading volume, another downslip becomes more likely. Shorter time frames…
Author: Ali Malik
Metaplanet Bitcoin acquisition Leading Japanese investment company Metaplanet has enhanced its Bitcoin approach by acquiring an additional 330 BTC, thereby increasing its overall ownership to 4,855 BTC. Part of Metaplanet’s continuous dedication to raising its exposure to cryptocurrencies and diversifying its investment portfolio, this calculated action is Latest Bitcoin Acquisition and Financial Impact According to reports on April 21, Metaplanet purchased Bitcoin at an average price of ¥12.18 million per Bitcoin (approximately $85,605), totalling ¥4.02 billion (~$26 million). With an average purchase price of ¥12.8 million ($85,386) per coin, this raises the total value of the company’s Bitcoin holdings to…
Driven by favourable energy costs, legal clarity, and technological advancements, the United States has emerged as a global leader in U.S. Bitcoin mining in recent years. However, the Trump administration’s tariffs have fundamentally altered the terrain and pose new challenges for miners. The Rise of U.S. Bitcoin Mining Companies like Marathon Digital Holdings, Riot Platforms, and Core Scientific are increasing their activities throughout states including Texas, Georgia, and New York. The U.S. Bitcoin mining sector has seen a notable rise. Access to reasonably priced energy—especially from renewable sources—as well as a favorable legal framework drove this growth. Furthermore, the somewhat…
Sweepstakes casino promotions This weekend, you want to score big at your preferred sweepstakes casinos? Top online and land-based casinos are offering exciting promotions and introducing new games between April 18 and 20, 2025. This tutorial covers all you need to know about whether your search. This is for actual monetary awards or just for pleasure. New Sweepstakes Casino Games to Try This Weekend Fresh, highly RTP sweepstakes slots abound this weekend. First online is Duel at Dawn, a Wild West-themed slot with a 96.30% RTP and duelReels with an exciting Dusk ‘Til Dawn bonus round. Devil Hot as Hell…
Slovenia bitcoin tax: A new bill proposed by the Slovenian Ministry of Finance will tax earnings from bitcoin transactions at a rate of 25%. Aligning the taxation of digital assets with the nation’s current tax laws is the primary objective. Should it be adopted, the legislation is set to take effect on January 1, 2026. Slovenia’s New Crypto Tax Rules Under the new law, the tax will be paid when locals use cryptocurrencies to purchase products and services or convert them into fiat currency. Taxation would not apply, though, for crypto-to-crypto transactions and transfers between wallets under the same owner.…
Quantum threat to Bitcoin A group of quantum computing researchers has declared a challenge: a reward of 1 Bitcoin (BTC) to anyone who can effectively break the cryptographic key securing Bitcoin transactions in a provocative move that has attracted the attention of both the cryptocurrency and quantum computing communities. This declaration has sparked discussions about the potential flaws in Bitcoin’s encryption and the timetable for quantum computers actually to compromise cryptocurrency security. Bitcoin’s Cryptographic Security Bitcoin relies on two primary cryptographic algorithms to secure transactions: Elliptic Curve Digital Signature Algorithm (ECDSA): This algorithm is used to generate public-private key pairs…
Ethereum Faces Pullback. After recently establishing a strong basis above $1,550, Ethereum (ETH) seems poised for a clear climb. Following the positive momentum of Bitcoin, ETH broke past important resistance levels at $1,600 and $1,620, rising to a new high of almost $1,690. Quick Highlights: Resistance Broken: ETH surged past $1,600 and $1,620 Local Peak: Reached ~$1,690 before correcting Current Price: $1,577 as of April 16, 2025 Short-Term Trend: Bearish momentum emerging Pullback Begins After Peak at $1,690 Intense selling pressure ETH faced following the spike set off a correction. Hinting at declining purchasing vigor, the price dropped below the…
Web3 blockchain transformation has developed well beyond money. These days, it’s at the core of a digital revolution as Web3 apps revolutionise whole sectors. Blockchain is changing company operations and customer interaction with digital ecosystems by allowing decentralisation, automation, and transparency. Reversing Supply Chains via Decentralisation Inefficiencies, fraud, and a lack of openness sometimes define conventional supply networks. Blockchain-based tracking is used, where every stage of the supply chain is immutably documented. Web3 is transforming this industry. This guarantees that essential procurement, manufacturing, and distribution data are validated and readily available, making real-time traceability possible. Big businesses like Carrefour have…
The Crypto exchanges in South Korea Financial Services Commission (FSC) reported on April 14 that 12 cryptocurrency exchanges, including KuCoin and MEXC, were withdrawn from the App Store in the nation due to operating without the necessary registration. Apple Blocks Access to Unregistered Crypto Apps The Financial Intelligence Unit (FIU), a division within the FSC responsible for implementing anti-money laundering (AML) legislation, formally requested that Apple begin blocking access to these apps on April 11. New users are now unable to download the affected apps. Existing users will no longer receive updates, leaving them vulnerable to potential security risks. These…
Ethereum whale accumulation has attracted the market’s attention by buying a large quantity of ETH as the cryptocurrency’s price drifts about essential levels. The whale obtained 20,161 ETH during 24 hours, valued at roughly $32.7 million, indicating a possible positive future for Ethereum. This significant purchase shows the whale’s faith in a possible price increase. Analysts intently observe ETH’s potential for a price flip. Here is everything you should be aware of regarding this considerable relocation. Whale Accumulation of ETH: An Insight into Market Sentiment Popular data analytics tool Lookonchain tracked the whale’s recent purchase behavior. The statistics show that…