Ethereum, the world’s second-largest cryptocurrency, has been caught in a tight price band between $2,650 and $2,750 over the past week. This lack of movement is not merely a pause but a reflection of the heightened uncertainty that investors are currently experiencing regarding its short-term trajectory. As it grapples with significant selling pressure, the question
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The cryptocurrency landscape is once again feeling the weight of a downward trend, as the total market capitalization has experienced a notable decline of approximately 3% over the last 24 hours, bringing it down to $3.24 trillion. This dip is indicative of a broader struggle within the altcoin market, which has been steadily losing momentum
Ethereum remains in a precarious position as it grapples with significant market forces that threaten its recent uptrend. At approximately $2,680, the cryptocurrency is struggling to maintain footing above critical demand levels, particularly the $2,600 mark, which serves as a psychological and technical support zone for many investors. Amidst this uncertainty, the crypto market sentiment
In a bold move, the Department of Government Efficiency (DOGE), spearheaded by the innovative yet often polarizing figure Elon Musk, has set its sights on the US Securities and Exchange Commission (SEC). The primary aim is to expose and eliminate inefficiencies and unethical practices within the SEC, which are perceived to be detrimental to not
As the summer months approach, a familiar narrative looms over the cryptocurrency market: the “sell in May” effect. This concept, rooted in traditional finance, suggests that investors should divest from stocks around May, anticipating a downturn until October. With the recent predictions from CryptoQuant’s analyst Oinonen, this trend may extend to Bitcoin (BTC) as well.
In the ever-evolving landscape of cryptocurrency, safety and vigilance have never been more crucial. Recently, Richard Teng, the CEO of Binance, raised an alarm about an innovative but malicious scam known as the “share-seed-phrase.” In a February 18th message posted on X, Teng elucidated how this con works—by manipulating vulnerabilities in trust and urgency, fraudsters
The long-awaited initiation of FTX creditor payouts began on February 18, marking a significant moment in the aftermath of the exchange’s notorious bankruptcy. After more than two years of anticipation, smaller creditors are positioned to receive their dues, sparking discussions around the potential ripple effects on the cryptocurrency landscape. The disbursement, especially if payouts come
The Hyper Foundation has recently unveiled HyperEVM, adding an essential component to its decentralized finance (DeFi) ecosystem embodied by Hyperliquid. This launch marks a pivotal transition towards integrating a framework for programmability in financial protocols, adhering to the growing necessity for versatile blockchain solutions. The deployment of HyperEVM’s initial mainnet release signifies not just a
The controversy surrounding the LIBRA token has uncovered a multitude of ethical and operational concerns in the cryptocurrency landscape. At the heart of the discord is Alon Cohen, co-founder of Pump.fun, a platform known for aiding in the creation of meme coins. Cohen has publicly decried the mismanagement of the LIBRA launch and its aftermath—an
