Ethereum price is extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels. Ethereum remained in a bearish zone and traded below the $3,000 level. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a […]
Bitcoin price extended losses and traded below the $62,500 zone. BTC is showing bearish signs and might turn bearish if it settles below $60,000. Bitcoin followed a bearish path and traded below $62,500. The price is trading below $63,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with […]
The legal spat between Ripple Labs with the Securities and Exchange Commission (SEC) regarding XRP, is heating up. The SEC is asking for a $2 billion fine against Ripple, but the recent films indicate that the judge is more likely to disagree will the request. SEC’s Case Relies on Weak Precedent Legal experts are criticizing the […]
Stablecoins market has significant growth prospects that will reach a size of $3 trillion by 2028 according to Ripple which is one of the leading companies in blockchain technology. Ripple itself plans to launch its own stablecoin in June. It is estimated that the stablecoin market could reach $3T by 2028. Understand the role stablecoins […]
In an impressive bipartisanship , the U. S. House voted for a resolution to disown a SEC rule that deals with the management of digital assets by the custodians of cryptocurrency. SEC bulletin, which doesn’t require full process of rulemaking, is obliging companies to demonstrate accounts of crypto assets according to hard rules. Republicans were […]
If you’ve always been curious about how to trade crypto options, you’ve come to the right place. This is a series on crypto options trading where we share some basics as well as several ready-made strategies that you can implement today. Whether you’re a new crypto trader, an existing perps trader, or even an advanced […]
Since our last update on Pendle Finance, the project has experienced substantial growth. From 2023, its Total Value Locked (TVL) has consistently risen and then saw a dramatic surge at the start of 2024, increasing more than 19-fold to surpass $4.4 billion. Pendle now ranks as the eighth-largest decentralized application (dApp) by TVL in the […]
On May 2, the U.S. Department of Justice (DOJ) announced the arrest of Maximilien de Hoop Cartier for his involvement in a scheme to launder drug trafficking proceeds using Tether's stablecoin. 👀 Maximilien de Hoop Cartier, also known as Max Cartier, is an entrepreneur and musician. He was involved in the trade and production of […]
Non-fungible tokens have switched gears. Once seen as the future of art, these blockchain-based assets are increasingly being used in the brand-building strategies of companies and projects. According to CoinGecko, 21 of the 50 biggest global fashion brands have launched at least one NFT collection, with sports brands like Adidas, Nike, and Puma leading the […]
The Sui project’s tokenomics have drawn scrutiny from both investors and market observers due to concerns that a large portion of SUI tokens are concentrated in the hands of investors and founders. Although the project officials insist that most of its circulating supply remains locked, they have not provided tangible proof to back up their […]