The price of Ethereum has been fluctuating within a consolidation zone, ranging from $3,949 to $3,627. This follows a recent rally that resulted in a 10% increase in the price of the cryptocurrency. The current price stands at around $3,752, showing a 0.66% rise above the 100-day Simple Moving Average (SMA). Analyzing Ethereum’s chart on
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In the aftermath of the Bitcoin halving event in April, the cryptocurrency market has been closely monitoring the price action of Bitcoin, the pioneer digital asset. The recent price movement saw Bitcoin reaching a high of $71,443 before retracing to $66,936. This price volatility has sparked discussions among analysts and investors about the potential for
Kabosu, the beloved Shiba Inu known for her iconic expression and role as the face of the “Doge” meme, captured the hearts of millions worldwide. Her humorous captions and whimsical charm made her a symbol of the endearing nature of internet culture. The news of her passing at the age of 18 brought a wave
Coinbase has recently accused the SEC of attempting to dodge the Howey test in a motion for an interlocutory appeal filed in the US District Court for the Southern District of New York. The exchange claims that the SEC is sidestepping the question of whether a digital asset transaction lacking post-sale obligations can be deemed
The recent sale of $2.6 billion worth of discounted Solana tokens by the bankrupt crypto exchange FTX has raised eyebrows in the crypto community. The sale, which involved prominent buyers like Figure Markets and Pantera Capital, has sparked controversy and discussion among investors and industry experts. According to undisclosed sources cited by Bloomberg, Figure Markets
In a landmark ruling on Thursday, the U.S. Supreme Court delivered a unanimous decision against Coinbase Inc. (COIN) in an arbitration dispute related to the cryptocurrency exchange’s 2021 Dogecoin (DOGE) sweepstakes. The 9-0 ruling clarified the need for a court to determine which legal agreement takes precedence when parties are governed by multiple contracts. Justice
The recent fluctuations in the Bitcoin price have left crypto analysts on their toes, trying to predict the next move. One particular analyst, The Signalyst, has pointed out that Bitcoin has entered a crucial zone with important levels to watch. The break below $70,000 has put the Bitcoin price in a precarious situation, with the
Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning regarding the potential market dynamics following the approval of spot Ethereum ETFs. As the market anticipates this new development, Fahrer suggests that the transition might not be smooth for Ethereum. He pointed out that the Grayscale Ethereum Trust, launched
In a recent case, the U.S. District Court for the Western District of Texas sided with the Securities and Exchange Commission (SEC) in a legal battle against well-known crypto influencer Ian Balina. The court held that Balina had unlawfully offered and sold SPRK Tokens as securities in unregistered transactions, thereby violating U.S. securities laws. This
Bitcoin, the leading cryptocurrency, has captured the attention of investors and analysts alike. One crypto analyst, known as ‘CrediBullCrypto’, has made a bold prediction regarding the future price of Bitcoin. His analysis points towards an “ultra bull scenario” for Bitcoin, suggesting that the price could surge above $80,000 in this market cycle. CrediBullCrypto’s insights into