Friend.tech, the exclusive new decentralized blockchain social network, has recently experienced a tumultuous journey in the cryptocurrency market. The crypto token, $FRIEND, saw a sudden hit of 4.3% in the last hour, mirroring the downward trend of various leading cryptocurrencies. This drop comes after a significant crash of 50% on its debut last Friday, attributed
The AVAX price has been showing a positive momentum recently, gaining pace above the $36.50 resistance level. The current movement of AVAX is indicating a potential rise if there is a clear move above the $40.00 resistance zone. The price of AVAX has been moving higher from the $30.50 support zone against the US dollar.
After experiencing a downtrend, Ethereum price has started to show signs of recovery as it crossed above the $3,000 zone. Currently, ETH is trading above the 100-hourly simple moving average, indicating a positive upward movement. However, there are still hurdles that the cryptocurrency needs to overcome in order to sustain this recovery. Bullish Momentum Ethereum
The CSOP Plus (CSOP+) tournament series hosted by CoinPoker is making waves in the online poker community with its $25 million in guaranteed prize pools. This event, which runs from May 5-26, is a significant upgrade from the previous CSOP Spring tournament that took place last month. With 14-18 daily events spread out over three
Lee Jeong-ryeol, the head of the Seoul Southern District Prosecutors’ Office’s joint crypto investigation unit, recently highlighted the pressing need for courts to deliver swifter justice to crypto offenders. In an interview with the newspaper Hanguk Kyungjae, Lee expressed concern that cases involving cryptocurrency-related crimes are taking too long to process. He emphasized the importance
As the cryptocurrency market faces turbulence, XRP stands out as a token that is holding its ground. Despite experiencing a price dip, on-chain data indicates some intriguing trends that could offer hope to XRP investors. A notable development is the increase in the number of investors holding between a thousand and 1 million XRP tokens
Recently, six Coinbase customers took legal action against Coinbase Global, its subsidiaries, and CEO Brian Armstrong, accusing the crypto exchange of listing digital assets that are considered securities. This lawsuit brings to light significant allegations that could have far-reaching implications for the company and the cryptocurrency industry as a whole. The Allegations The crux of
Bitcoin, the leading cryptocurrency, has once again proven its resilience in the market by bouncing back above the $60,000 zone after experiencing a significant decline. As the bulls gather momentum, there is a growing anticipation for a potential crypto bull run. Renowned analyst and market expert Peter Brandt has voiced his support for Bitcoin, predicting
Recent developments in the world of cryptocurrency have shed light on the darker side of the industry. Alexander Vinnik, a Russian national and the mastermind behind the notorious crypto exchange BTC-e, recently pled guilty to charges of money laundering conspiracy in the U.S. The exchange, once hailed as one of the largest in the world
The recent fluctuations in the Bitcoin price have been nothing short of dramatic. After dropping below the $60,000 mark for the first time in almost two months, Bitcoin made a strong comeback on Friday, reaching as high as $63,000. This resurgence has sparked a shift in investors’ position and sentiment, with traders on the Binance