The Ethereum price is currently attempting a recovery wave above the $2,380 mark. However, in order to continue the upward momentum in the near term, ETH must successfully clear the resistance level at $2,440. In recent trading sessions, Ethereum has been trying to recover from the $2,350 zone. Despite showing signs of improvement, the price
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In a recent development, a federal judge has declined Coinbase’s request to dismiss a class-action lawsuit filed by shareholders. The lawsuit alleges that the prominent US crypto exchange misled investors by downplaying the risk of facing legal actions from the US Securities and Exchange Commission (SEC). The lawsuit was initiated on May 10, 2023, naming
Growing up in Edo State, Nigeria, Godspower Owie had the privilege of being surrounded by a supportive family that served as the foundation of his upbringing. With three siblings who he looked up to as idols and mentors, Godspower learned valuable lessons about life and growth from a young age. Godspower’s interest in cryptocurrency was
Arthur Hayes, one of the co-founders of BitMEX, has taken a bearish stance on the immediate future of the Bitcoin price. He recently shared his trading strategy on X, mentioning that he anticipates the price of BTC to drop below $50,000. Hayes did not provide specific reasons for his prediction, but it seems that he
The recent cyberattack on the Indian crypto exchange WazirX has caused chaos and raised concerns within the cryptocurrency community. The hacker managed to steal over $235 million from the exchange, and is now reportedly transferring around $10 million through sanctioned Tornado Cash in an attempt to launder the stolen funds. This highlights a glaring security
Bitcoin (BTC) and Ethereum (ETH) have both seen price declines at the start of September, continuing a trend that began earlier in the month. The bearish sentiment towards these leading cryptocurrencies, and the wider crypto market, can be attributed to several macroeconomic factors. One of the key factors impacting the market is the recent surge
Robinhood’s crypto division has recently agreed to pay a $3.9 million fine to settle a California investigation into its past practices. California Attorney General Rob Bonta revealed that the settlement was reached after Robinhood Crypto restricted users from withdrawing their digital assets between 2018 and 2022. Moreover, the company failed to provide complete information about
The summer of 2024 has seen a significant bearish trend in the Bitcoin price, a trend that has historically been observed in summers past. The price of Bitcoin has experienced numerous flash crashes, causing the pioneer cryptocurrency to plummet from over $70,000 to below $50,000 at one point. However, there is some hope on the
The situation surrounding Tigran Gambaryan, the detained American executive of Binance in Nigeria, is indeed concerning. The viral video of him struggling to walk into a courtroom and the subsequent denial of his request for a wheelchair by prison authorities highlight the inhumane conditions he is facing. It is evident that Gambaryan’s health has deteriorated
Ethereum is currently in a phase where it is attempting to recover from the $2,400 zone. The price has shown some positive signs but faces certain key resistance levels that need to be surpassed for further gains. The Ethereum price must clear the hurdle at $2,550 to continue its upward trajectory in the near term.
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