Crypto analyst Javon Marks has made a bold prediction regarding the price of Ethereum (ETH), suggesting that it could see a significant breakout of 75% and rise to $4,723. Marks believes that Ethereum’s price is primed for such a parabolic rally due to ongoing bull divergences and a sustained climb since its initial breakout. While
Veteran crypto analyst Peter Brandt recently analyzed Bitcoin’s price chart and identified an inverted or expanding triangle pattern. This pattern, as Brandt explained, features two descending trend lines that are diverging from one another. Typically, triangle-like shape patterns on the Bitcoin chart can indicate either a continuation or a reversal for Bitcoin’s price movements. While
Upland, a virtual property trading game, recently made waves in its Metaverse by introducing Paris as a new addition to its virtual landscape. This milestone allows players to own and develop virtual properties in one of the world’s most iconic cities. The unveiling of Paris has sparked a wave of excitement within the Upland community,
The defunct crypto hedge fund, Three Arrows Capital (3AC), has taken legal action against TerraForm Labs, a bankrupt digital assets company co-founded by Do Kwon, in an attempt to recover funds for its creditors. The liquidators of 3AC are alleging that TerraForm Labs manipulated the market for Luna and TerraUSD, resulting in artificially inflated prices
The US spot Ethereum ETFs saw a total inflow of $4.9 million on Monday, showcasing positive investor sentiment towards Ethereum. Grayscale Ethereum Trust (ETHE) notably did not record any withdrawals, marking a significant milestone since its conversion to an ETF. After experiencing 14 days of outflows, ETHE finally saw a pause in this trend. This
In a recent court filing, a US appeals court made the decision to partially overturn the dismissal of a class-action lawsuit against Binance.US, the US arm of the global Binance exchange. The plaintiff, Ryan Cox, was found to have valid claims against both Binance.US and CoinMarketCap for allegedly manipulating the price of the Hex token.
The current market conditions have left many new Bitcoin investors facing financial stress. Various metrics point towards a bearish environment, highlighting factors that can worsen market volatility, increase selling pressure, and contribute to further price declines. The Short-Term Holder MVRV (Market Value to Realized Value) and the standard deviation (SD) of the short-term holder Cost-Basis
As recent trading activities reveal, Ethereum is currently at a crucial point in its trading journey. The formation of a bearish triangle pattern signifies a potential significant breakout. If the cryptocurrency breaches the lower boundary of this triangle, it could lead to a sharp decline towards the $2,160 target. This article aims to delve deeper
Unioverse, a popular sci-fi franchise and gaming platform, is making waves once again with the launch of its latest game, Hoverdrome. If you are in search of an exhilarating gaming experience that combines the best elements of Mario Kart and Rocket League, then Hoverdrome is the perfect game for you. However, this isn’t just any
In recent days, Ethereum (ETH) has managed to recover from a significant downturn that occurred at the beginning of the past week. After experiencing a crash on August 5th, which saw its price drop to $2,112, Ethereum has made a modest recovery, climbing back above the $2,600 level. The digital asset is now eyeing the
