In a recent development in the volatile cryptocurrency space, an Ethereum whale has made a substantial move, transferring about 15,000 ETH, valued at approximately $37 million, to the leading crypto exchange, Coinbase. The blockchain transactions tracking platform, Whale Alert, brought attention to this significant transfer, igniting curiosity among crypto enthusiasts and triggering a drop in […]
What’s Next for XRP Price After the Breakdown of 15-Month Support?
Last weekend was aggressively bearish in the cryptocurrency market attributed to geopolitical tension between Iran and Israel. Bitcoin plunged to a low of $61500 and prolonged correction of the majority of altcoins including XRP. Within a week, the XRP price fell from $0.643 to $0.49, registering a 24%. This downtick breached below the support of […]
Solana Price Prediction Hints Last Pullback Before $SOL Reclaims $150
Solana Price Prediction: The fifth largest cryptocurrency, Solana, enters a new correction phase in a falling channel to test the 50-day EMA. With a solid support trendline in action supported by the crucial support of Fibonacci levels and EMA, the reversal chances for the SOL price trend are heightened. Will these support levels refuel the […]
Senators Probe CFTC Chair Over Links to FTX Founder Bankman-Fried
U.S. Senators Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) have issued a formal request for information from Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam. The demand centers on Behnam’s interactions and communications with Sam Bankman-Fried, the ex-CEO of the cryptocurrency exchange FTX, which was declared bankrupt in November 2022 after a spectacular breakdown. The […]
Crypto Headlines Of The Week: Spot Bitcoin ETF Kickstarts As BlackRock & Ark 21Shares, Among Others, Join the Fray
In a whirlwind of developments made throughout the realm of crypto, this week marked a monumental achievement for cryptocurrency trading globally as the SEC’s approval of spot Bitcoin ETFs appears to have propelled immense market optimism. With the ETF approval recently entering into the crypto arena, 11 key exchange-traded products emerged within the market, sparking […]
Ripple Vs SEC Lawsuit: Settlement Debates & XRP Price Fall Concerns
Recent events related to Ripple and the U.S. SEC such as Uniswap lawsuit and Ripple’s stablecoin plans led to numerous theories on settlement in the SEC v. Ripple Labs lawsuit, especially after a March 29 court filing that showed a settlement conference happened between the parties. Before the settlement conference, the SEC asked the court […]