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Recently, the US Securities and Exchange Commission (SEC) has taken legal action against Nader Al-Naji, the founder of the BitClout blockchain protocol, which is now known as Decentralized Social (DeSo). The charges filed against Al-Naji involve allegations of orchestrating a fraudulent scheme related to the unregistered offering and sale of crypto asset securities, resulting in
Ethereum’s price faced challenges as it tried to surpass the $3,400 mark, leading to a correction in its gains. The cryptocurrency is currently holding steady around $3,280, and there are indications that another upward movement could be on the horizon. After hitting the $3,400 resistance level, Ethereum started to experience a downward correction. The price
Bitcoin price faced a strong resistance level near $70,000 and initiated a downward correction in its value. The correction phase began after failing to sustain above the $68,500 mark and the critical 100 hourly Simple Moving Average. This corrective move raises concerns about the future price action of Bitcoin. A significant development during the correction