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Ethereum’s price remains trapped between $2,100 and $2,800, with no clear direction in sight. Bulls attempt to push higher, but sellers continue to defend key resistance levels. Every attempt to break above $2,800 has failed, leading to increased bearish pressure. Meanwhile, traders closely monitor crucial support zones, anticipating a decisive move that could result in…
VeChain (VET) has unveiled a significant overhaul of its tokenomics in a strategic bid to boost engagement and reward active participants. This bold initiative comes at a time when the broader cryptocurrency market is experiencing a downturn, raising questions about its potential impact on VET’s future trajectory. VeChain’s Tokenomics Overhaul Historically, VeChain’s dual-token model included…
Hedera Hashgraph is redefining the landscape of distributed ledger technology (DLT) with a revolutionary approach that tackles the inherent limitations of traditional blockchain networks. By offering a high-speed, low-cost, and enterprise-ready solution, Hedera promises near-instant transaction finality while maintaining decentralization and security. How Hedera Hashgraph Works Unlike conventional blockchains that rely on proof-of-work (PoW) or…
Terra Luna Classic (LUNC) is once again in the spotlight as Binance extends its support for the network’s latest upgrade. This significant development has fueled speculation about a potential price breakout for LUNC, despite prevailing bearish trends in the broader cryptocurrency market. Binance’s endorsement, coupled with crucial updates to the Terra Luna Classic ecosystem, raises…
The cryptocurrency market has suffered extreme volatility following a sharp global stock market downturn on Tuesday. Bitcoin (BTC) dropped below $87,000, while major altcoins, including Ethereum (ETH) and Chainlink (LINK), faced similar declines. Massive Liquidations Hit Crypto Market According to Coinglass data, the past 24 hours have seen a staggering $1.49 billion liquidated from the…
Ethereum (ETH) has experienced a sharp downturn, crashing to $2,300 in the past 24 hours—a staggering 13% decline. This dramatic drop follows Bitcoin’s dip below $90,000 as U.S. markets opened for the week. According to CoinMarketCap data, ETH is currently trading at $2,420, having briefly plummeted to $2,330 in today’s volatile session. Ethereum’s Struggles Amid…
In a major step towards regulatory compliance, cryptocurrency exchange OKX has reached a settlement with the U.S. Department of Justice (DoJ). The agreement includes an $84 million fine and the forfeiture of $421 million in user fees, marking the end of a lengthy investigation into the firm’s operations. We cooperated with the US Dept of…
A recent tweet from Vandell Aljarrah, co-founder of Black Swan Capitalist, has sparked renewed discussions on the power of early positioning in the crypto market. His analysis underscores how strategic investments in select altcoins, such as XRP, have yielded exponential returns since their lowest prices in 2020. If you had invested $10,000 in any of…
SUI’s impressive rally in late 2024 saw the cryptocurrency reach an all-time high of $5.37 on January 4, 2025. However, the momentum quickly faded, leading to a staggering 48% decline in less than two months. As of February 2025, SUI’s attempt at a recovery has failed, with bearish pressure overwhelming any upward movement. SUI Price…
Cardano (ADA) has struggled to regain bullish momentum after facing rejection at $1.23 on Jan. 20. Despite an initial rally above $1, the cryptocurrency has since been confined within a descending channel, signaling a potential continuation of the downtrend. ADA’s Technical Challenges A descending channel, characterized by lower highs and lower lows, has formed on…