Ethereum price is currently consolidating above the $3,450 support zone, signaling a period of indecision and uncertainty in the market. Despite attempts to break above key resistance levels, such as $3,550 and $3,620, ETH has struggled to establish a clear upward trend in the near term. The price is currently hovering above $3,500 and the
In recent news, there has been a significant development in the world of cryptocurrency involving the theft of Bitcoins belonging to Luke Dashjr and an FBI investigation that followed. The incident sheds light on the importance of security measures in the digital asset space and the potential consequences of a breach. Mike Schmidt, co-founder of
Shiba Inu has been experiencing a consolidation phase, which has led investors to shift their focus towards a new meme coin known as Sponge (SPONGE). As investors seek higher returns, the potential of Sponge as a meme coin is being closely examined. Sponge is an intriguing meme coin that offers investors the opportunity for significant
The Financial Crimes Enforcement Network (FinCEN) recently commended crypto exchange Coinbase for its substantial role in assisting major criminal investigations. In a letter to Coinbase CEO Brian Armstrong, FinCEN praised the digital currency exchange for its compliance and reporting practices that have aided law enforcement efforts. This acknowledgment comes at a crucial time, as Coinbase
Stablecoins have been gaining significant attention in the crypto market, with Ethena (USDe) emerging as one of the latest contenders. Bitwise President Teddy Fusaro recently took to Twitter to discuss the protocol’s mechanics, highlighting USDe as potentially the fastest-growing USD-denominated asset in the history of crypto. Fusaro compared USDe to an ETF, noting that the
Despite an influx of $170 million in trading volumes, the Floki (FLOKI) price has dropped by 3% to below $0.00020. With concerns rising about a potential deeper pullback, it is evident that the meme coin space is experiencing a decline in risk appetite. Floki, named after Elon Musk’s Shiba Inu dog, is currently the fifth-largest
XRP has been experiencing a worrying trend of liquidations in the past 24 hours, causing anxiety within the XRP community. According to data from Coinglass, a total of $1.32 million has been liquidated from the XRP market during this period. The majority of these liquidations, amounting to $1.04 million, have come from long positions, indicating
The price of Bitcoin has once again surged, breaking through the $70,000 mark and showing signs of a strong upward movement. Crypto experts like Crypto Jelle have made optimistic predictions for the cryptocurrency, with forecasts pointing towards the $82,000 level in the near future. Jelle highlighted the recent recovery in Bitcoin’s price, describing how the
Slothana, the latest meme sensation on Solana, has taken the crypto world by storm. With its 420-friendly token, Slothana (SLOTH) has garnered a significant following in a short period. The $SLOTH ICO managed to raise an impressive $10 million in just three weeks, showcasing the immense popularity of this new meme coin. The Challenge to
Recent developments in the cryptocurrency industry have sparked a notable decrease in trading activity on the Uniswap decentralized exchange. Following the issuance of a Wells notice by the US Securities and Exchange Commission (SEC) to Uniswap Labs, the entity behind the exchange, trading volume on Uniswap dipped by almost 10% in just one day. This