Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The higher timeframe price action of Ethereum showed a bearish structure. A bounce could develop after such a large drop, making the $1780-$1800 an area of interest for bears to defend. On 6 May, […]
Gryphon Digital wants Sphere 3D’s lawsuit dismissed
Crypto mining company Gryphon Digital is contesting a lawsuit from its former collaborator, Sphere 3D, over a significant bitcoin transfer. Sphere 3D alleged in April that Gryphon Digital CEO Rob Chang transferred 18 bitcoins to an impostor pretending to be…
NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers
The NFT startup Recur said on Friday that its Web3 platform is winding down—unable to weather the chills of crypto winter despite hosting the IP of several big brands like Hello Kitty and Nickelodeon. Over the next several months, Recur’s platform will steadily lose its core features, the firm said in a blog post. That […]
Can Ethereum stay above the $1650 price level
The RSI and OBV fell lower and reflected bearish momentum and large selling pressure. While a 1-day trading session had not yet closed below $1626, the wick to $1550 signaled bearish dominance.
NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers
Recur is the latest NFT-centered firm with big-name partnerships to announce its platform is shutting down.
‘Failure to State a Claim’: Gemini Pushes to Get SEC Case Dismissed
Embattled cryptocurrency exchange Gemini is urging a federal judge to throw out a lawsuitfiled in January by the Securities and Exchange Commission because the federal regulator did not establish a clear case that it was selling unregistered securities. In a 15-page filing submitted on Friday, Gemini’s lawyers assailed the SEC’s argument that its interest-earning Gemini […]
Why now is the best time to invest in altcoins
Investors continued to accumulate more ETH as its supply outside of exchanges increased. XRP was up by more than 4% in the last 24 hours, and a few metrics were bullish. Over the last few days, the crypto market has witnessed a massive downfall. This caused most cryptos to shed their values by nearly double […]
‘Failure to State a Claim’: Gemini Pushes to Get SEC Case Dismissed
Lawyers for Gemini say the SEC can’t prove the company was selling securities to customers, and wants the lawsuit thrown out.
Why now is the best time to invest in altcoins
While fear among investors was dominant in the market, a few of the altcoins’ metrics turned bullish, suggesting a possible bull rally.
Oman Introduces a Crypto Mining Center Valued at $350 Million (Report)
Oman’s Ministry of Transport, Communications, and Information Technology (MTCIT) has reportedly opened a new data hosting and cryptocurrency mining center in the Salalah Free Zone. The facility’s estimated value is over RO 135 million (more than $350 million). Another country that decided to spend millions of dollars on a crypto mine is Kyrgyzstan, whose center will […]