Ethereum price has shown signs of recovery as it broke above the $3,120 zone. However, the bulls were unable to push the price past the $3,220 resistance level, resulting in a slight pullback. The price is now hovering below $3,120 and the 100-hourly Simple Moving Average, indicating possible consolidation in the short term. Bearish Trend
The recent report claiming that only a small fraction of French crypto holders have declared their coins to the state has sparked concern within the government. According to the Ministry of Public Action and Accounts, just 150,000 French residents correctly declared their cryptoassets at the end of the past financial year. This is a stark
Bitcoin has seen a significant increase in price, surpassing the $64,000 resistance level. It is currently holding above $62,800 and showing potential for further upside movement. Despite reaching a weekly high of $65,500, there was a subsequent correction in price. Bitcoin is currently trading above $63,500 and the 100 hourly Simple moving average. There is
The cryptocurrency market has been experiencing volatility recently, with Bitcoin rebounding from multi-week/month lows. As traders look for alternatives to Bitcoin for potential fast gains, they are exploring altcoin markets for the best crypto to buy today. With Bitcoin’s price hovering above $63,000 and analyst predictions of reaching $150,000 by 2025, the market is showing
The recent transaction involving PEPE, the third-largest meme coin by market cap, has caused a stir in the crypto community. The transaction in question was made by a crypto whale who purchased 1.238 trillion PEPE from Binance at an average price of $0.000008424, amounting to $10.4 million. Following the purchase, the whale withdrew the tokens
The recent announcement by the Nigerian government to delist the national currency, the Naira, from all peer-to-peer (P2P) trading platforms has sparked controversy and concern within the country’s blockchain community. The Director General of the Nigerian Securities and Exchange Commission (SEC), Emomotimi Agama, made this revelation during a virtual meeting with stakeholders in the industry.
The recent crackdown by the Securities and Exchange Commission (SEC) on crypto firms has sparked discussions about how the regulatory environment may be inadvertently benefiting US crypto exchange Coinbase. Bitwise Investments CIO Matt Hougan suggested that the current regulatory landscape is creating an “artificial moat” for Coinbase’s operations, giving the platform an edge over its
Custodia Bank has recently made a strategic move by hiring two experienced solicitors to represent it in its ongoing case against the US Federal Reserve. The decision to bring on Ian Gershengorn and Michelle Kallen, both with impressive backgrounds in federal regulation and appellate litigation, demonstrates Custodia’s commitment to fighting for its rights in the
Cryptocurrency analyst and trader Rekt Capital recently shared an interesting insight about Bitcoin’s price trend. He highlighted how the current movement of the crypto asset mirrors a historical price action that occurred during a bull cycle eight years ago. This revelation indicates the potential for significant growth in the coming months, drawing parallels to the
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