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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
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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
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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
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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
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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
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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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