Ethereum Price Signaled “Sell” And Remains At Risk of More Losses

Ethereum price is showing bearish signs below $1,920 against the US Dollar. ETH could continue to move down if it clears the $1,800 support zone. Ethereum failed to recover and stayed well below the $1,920 resistance. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

France mulls fast-tracking registered crypto firms to new EU rules

France’s financial regulator is weighing up “fast track” options for registered firms so they can be compliant with MiCA rules as soon as possible.

OPCH is the token to watch out for in 2023

Introduction If you’re a savvy crypto trader looking for the next big thing, you must pay attention to OPCH by Opticash. OPCH is a promising […]

Thodex exchange founder extradited to Turkey, faces criminal charges

If convicted by Turkish courts, Faruk Fatih Ozer, CEO of defunct Thodex exchange, could face over 10 years in prison and disgorgement of illicit gains. […] Read More… The post Thodex exchange founder extradited to Turkey, faces criminal charges appeared first on CoinGeek.

Snapchat’s ‘My AI’ Expansion Receives Overwhelmingly Negative Reviews: Here’s Why

Snapchat’s rollout of its ‘My AI‘ GPT-powered chatbot element to all users has not been well-received and overwhelmingly received negative reviews, with its average US App Store review dropping from 3.05 to 1.67, and 75% of reviews being one-star. My AI enables users to chat with an AI entity and have it answer questions, with […]

Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $28K

Bitcoin price is showing bearish signs below the $28,000 zone. BTC must clear $28,000 to avoid more losses in the coming sessions. Bitcoin struggled to gain pace above the $28,000 resistance zone. The price is trading below $27,800 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance […]

Coinbase files action against SEC seeking clarity on crypto regulations

Coinbase filed legal action on April 24 to compel the U.S. Securities and Exchange Commission (SEC) to respond to its earlier rulemaking request. Coinbase asks for an answer In July 2022, Coinbase produced a petition that asked the SEC to use its rulemaking process to develop guidance for companies in the crypto industry. The current […]

‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya

Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors which may have attracted the SEC’s attention.

Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted

Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country could step in and freeze such payments,” the top official explained. Digital Currency ‘Bound […]

Lido’s development activity registers unprecedented surge, here’s why

As per Coinglass’ data, the number of long positions taken in favor of LDO increased despite the volatility of its price.