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via CoinDesk · By CoinDesk Staff

Ethereum (ETH) news: Movement pivots to stablecoin payments as the layer-2 boom loses momentum

ETH

ETH/USDT

$1,651.40

-4.87%

$1,651.40

-4.87%

(24s)

24h Volume

$11,306,841,577.82

24h H/L

$1,740.07 / $1,635.65

Change: $104.42 (6.38%)

Long/Short

77.3%

Long: 77.3%Short: 22.8%

Funding Rate

-0.0026%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,657.51

▼ -4.09%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,759.37

Resistance 1$1,695.42

Price$1,657.51

Support 1$1,615.86

Support 2$1,505.68

Support 3$1,244.77

Pivot (PP):$1,676.47

Trend:Downtrend

RSI (14):36.4

CoinDesk Staff

(01:00 PM UTC)

1 min read

Updated byDavid Kim

1284 views

0 comments

The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.

Movement, a project originally designed to link blockchains built using the Move programming language with Ethereum, is pivoting toward cross-border payments, remittances and dollar savings…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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