Following a revival in buying interest and demand, Ethereum’s price has surged, reclaiming the 100 and 200-day moving averages. This price action suggests a shift towards a potential rally, with buyers targeting a new yearly high in the mid-term. Technical Analysis By Shayan The Daily Chart A detailed analysis of Ethereum’s daily chart reveals that…
The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting more evidence is needed before making another move. The ECB highlighted that while corporate profits are mitigating some…
Bitcoin’s price has recently recovered from a month of bearish price action. Considering the current upward momentum, the market might even make a new all-time high soon. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has found support at the $56K support level. The 200-day moving average, located around the…
One famous Bitcoin expert has just thrown his support behind an unexpected contender: PeiPei (PEIPEI). This meme coin, only launched last month, is now becoming a serious player in the crypto market. Meanwhile, analysts are also praising another rising star, Pepe Unchained (PEPU), after it raised over $4 million in its presale phase. PeiPei Gains…
A new project is generating buzz in the AI-meets-meme coin space. WienerAI (WAI), dubbed the “ChatGPT of Crypto,” is nearing the end of its presale phase. And with WAI set to go live on Uniswap next month, investors are already lining up to get in on the action. WienerAI Passes $7M in Presale with Uniswap…
TL;DR Ripple has gained an advantage in its legal battle with the SEC, securing several partial court victories and clearing top executives of charges. Speculation about a near-term resolution has possibly boosted XRP’s price, briefly making it the sixth-largest cryptocurrency. Big News on the Horizon? The legal battle between Ripple and the US Securities and…
Indian crypto exchange Wazirx has announced a security breach affecting one of its multisig wallets, resulting in the theft of over $230 million. Cryptocurrency and INR withdrawals have been halted as the team investigates the incident, with blockchain investigators Zachxbt and Mudit Gupta offering insights into the sophisticated hack. Wazirx Security Breach Halts Withdrawals After…
German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal proceedings at the Leipzig Regional Court. 2.64 Billion Euros Raised…
Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African travel-focused fintech startup. Turnstay aims to simplify payment procedures for international travelers by leveraging a global network of compliant companies. New Investment to Fund African Expansion Drive The South African fintech startup Turnstay recently secured $300,000 (over…
Unknown bad actors have drained hundreds of millions worth of cryptocurrencies from the leading Indian digital assets exchange Wazirx, following a breach in the platform’s wallet security. A tweet by blockchain security firm Cyvers Alerts revealed that $234.9 million of WasirX’s funds were moved to a new address, and the caller of each transaction is…