Ethereum, the second-largest cryptocurrency by market capitalization, is currently navigating through a pivotal phase characterized by complex technical patterns on its charts. Recent price action suggests that Ethereum is attempting to find a direction after a period of consolidation. The formation of an inverted head and shoulders pattern on the daily chart and a double-bottom
potential
In an unprecedented legal battle, a man is pursuing nearly £500 million ($646.4 million) from Newport Council in an attempt to retrieve 8,000 Bitcoin (BTC) he alleges were lost during a hard drive disposal incident back in 2013. James Howells, the plaintiff, claims that a simple mix-up led to his hard drive being thrown away
As the US presidential election approaches, the political terrain is growing increasingly complex, with significant implications for the cryptocurrency sector. With only days remaining, analysts have noted a pivotal shift in prediction markets favoring Republican candidate Donald Trump—an individual whose agenda resonates more closely with crypto advocates. This shift not only reflects public sentiment but
The collapse of FTX in late 2022 sent shockwaves through the global cryptocurrency landscape, leaving a wake of skepticism and diminished confidence in crypto platforms, particularly in the Caribbean. The region, once seen as a burgeoning hub for blockchain technology and digital assets, experienced a significant decline in user engagement and trust. This downturn marked
The cryptocurrency market recently experienced a welcome lull, stabilizing at a total market capitalization of approximately $2.29 trillion. This pause in volatility presents an intriguing juxtaposition to the significant price fluctuations that have characterized the market in recent months. On most weekends, trading volumes tend to diminish, leading to flattening price movements, and this weekend’s
The ongoing saga of Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has captured the attention of the cryptocurrency community since the commencement of legal proceedings back in 2020. As the stakes rise, both parties recently solidified their positions, with Ripple filing a notice of cross-appeal just after the SEC announced its appeal.
Marat Tambiyev, once a prominent figure within Russia’s Investigative Committee, has been sentenced to 16 years in prison for his involvement in a monumental bribery case. This case shines a light on the intertwining worlds of law enforcement and cybercrime, as Tambiyev accepted an astounding bribe of 1,032 bitcoins, valued at approximately $65 million, from
The world of cryptocurrency, often praised for its decentralized nature and potential for innovation, has been rocked by a major crackdown on fraudulent activities. Recently, three cryptocurrency firms—Gotbit, ZM Quant, and CLS Global—alongside 15 individuals, found themselves facing serious legal charges stemming from extensive fraud and market manipulation practices. This marks a considerable escalation in
Ethereum, the second-largest cryptocurrency by market capitalization, is currently experiencing a period of stagnation, oscillating within a confined range of approximately $400. With its lower support identified at $2,300 and an upper resistance at $2,800, the market appears to be in a state of indecision. Although some investors are optimistic about prospective price movements, the
In the rapidly evolving landscape of cryptocurrency, few voices stand out quite like Semilore Faleti. His journey in the realm of digital assets showcases a unique blend of expertise, passion, and advocacy. While many budding writers often flounder in their search for a niche, Faleti has carved out a significant space for himself by demystifying