Ethereum experienced a 3% decrease in price this week, putting it in a downtrend. The key support level at $3,500 is under threat, and buyers are struggling to prevent a breakdown. To reverse the downtrend, ETH needs to surpass $3,700 and challenge the resistance at $4,000. Failure to defend the support could lead to a
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Opeyemi is a dedicated individual who has delved deep into the world of cryptocurrencies, even though it was not his initial career choice. His passion for unraveling the complexities of blockchain technology and staying up-to-date with the latest trends in the digital asset industry sets him apart as a proficient writer in this realm. Opeyemi
Earth Attack is not just another NFT project in the market; it is a gateway to a universe where science fiction meets reality. The project aims to create a space where individuals with varying backgrounds and interests can come together to explore the wonders of extraterrestrial life and outer space. By fostering a sense of
Cryptocurrency journalism is a fast-paced and ever-evolving field that requires a unique set of skills and knowledge. One individual who has made a significant impact in this space is Semilore Faleti, a dedicated writer with a passion for all things blockchain and digital assets. Semilore Faleti’s journey into cryptocurrency writing began with a general interest
The cryptocurrency markets are experiencing a decline with Bitcoin sliding towards the $60K mark. The total market capitalization is currently at $2.37 trillion, reflecting a downward trend. Bitcoin’s price has decreased by 1.3% in the past 24 hours, resulting in a total weekly loss of around 6%. The trading volume has also been relatively low,
T-Rex Group, a financial services company, recently filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This financial vehicle is gaining attention as potentially one of the most volatile ETFs in the country. The fund, named ‘T-Rex 2X Long MSTR Daily Target ETF’, aims to magnify the daily performance of
Samuel Edyme, also known by his nickname HIM-buktu, is a multifaceted individual who wears many hats in the world of web3 content writing, journalism, and trading. His career has seen him contributing to leading industry publications such as AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme’s introduction to the cryptocurrency space was far from conventional, as he
Bitcoin is currently facing a critical juncture, with the price being rejected at $62,000. This has led to a clash in market sentiment between bulls and bears. While the bulls remain vocal in their support for a bullish continuation, the bears have emerged, speculating that the price could potentially drop even lower. The recent 15%
The recent decision by the US Supreme Court to overturn the Chevron doctrine has significant implications for the Securities and Exchange Commission’s (SEC) regulation of cryptocurrencies. Economist Timothy Peterson believes that this decision will limit the SEC’s unilateral interpretive power against Bitcoin and other cryptocurrencies. The Chevron doctrine, established in the 1984 case of Chevron
There has been much speculation surrounding potential interest rate cuts by the U.S. central bank in September or November. Analyst ‘RamenPanda’ predicts that there will be no sharp correction following these cuts. He points out that historically, during times of financial crisis, such as in 2008, the Fed has cut rates to stabilize the economy.
