Tag: etheur

The UNIUSDT crypto pair started to make sharp up and down swings, following a monthly price close above the June bearish inside bar resistance [29.3803]. This created a massive opportunity for swing traders to track specific trend reversal and continuation chart patterns like the divergence. Let’s dive into it. The bearish trend was confirmed with The post UNI Token Price Analysis: Sharp Volatile...

El Salvador created history earlier this month as Bitcoin became a legal tender in the country. Many crypto proponents called it historic and believe it would create a domino effect on other small financially challenged nations to adopt Bitcoin. However, Jurrien Timmer, a Fidelity Investment analyst believes the significance of El Salvador's adoption is overplayed. The post El Salvador's Bitcoin Adoption is "Overplayed,"...

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Virgil Griffith, a former Ethereum developer who was also famous as "Chinese Vitalik" has pled guilty for violating sanctions against North Korea. The former developer has pled guilty on one charge of conspiracy to violate the International Emergency Economic Powers Act. Sentencing in the case would be done in January 2022 and Griffith could be The post Ethereum Developer Pleads Guilty For Aiding...

Last week, in another major...

The latest update in the XRP lawsuit saw the SEC file an opposition against Ripple’s letter appealing for the addition of three documents to the in-camera review based on a privilege log provided by the SEC after the August 31, 2021, telephone conference. The plaintiff asserts that these documents are non- responsive to the Court’s prior The post XRP Lawsuit: SEC uses Deliberative Process...

The latest...

Ethereum slumped back under $3,000, but the 100-day support stopped the pulldown, allowing bulls to regain control. Ripple bulls’ quest for trading above $1 and toward $1.4 is far from over. Cryptocurrencies are in the red despite starting the week on a good note. Bitcoin closed in on $44,000 on Monday but closed the day The post Ethereum, Ripple Price Analysis: September 28,...

SEC Chairman Gary Gensler is certainly not having a good time with the recent boom in the crypto space. The SEC chief issued yet another stern warning to crypto exchanges and firms staying out of the regulatory purview. Thus, he hinted that crypto firms are more likely to succeed if they submit to regulatory rules The post Unregulated Crypto Players Have A Stern...

The Central European country, Slovenia has...

The latest reports from the Inner Mongolia Autonomous Region Bayannaoer City Development and Reform Commission along with other authorities revealed that they have captured 10,100 unregistered mining machines. Furthermore, the authorities announced that Inner Mongolia has also shut down 45 virtual currency mining projects so far, which has theoretically saved 6.58 billion kilowatt-hours of electricity The post China Crypto Crackdown: Inner Mongolia authorities...

The latest update in the XRP lawsuit saw the SEC follow Ripple’s footsteps and file for seal in the Interrogatories Dispute. The plaintiff stated that it agrees with Ripple’s Motion to Seal exhibits in connection with the Interrogatories Dispute regarding the application of the Howey Test to sales of XRP over the last 8 years. The post XRP Lawsuit: SEC files for seal,...

Amid the expanding Chinese Crypto crackdown, many exchanges have waved the white flag to the regulators. While the authoritarian government stands a strong ground against the decentralized sphere, the crypto platfroms suffer another blow with every new anti-crypto law. Two of the world’s largest cryptocurrency exchanges, Huobi and Binance have given up the fight for The post China Crypto Crackdown: Exchanges that gave...

Leading...

Cardano ($ADA) blockchain is fast moving towards building its own decentralized ecosystem after the successful integration of smart contracts via Alonzo hardfork. During the ongoing Cardano Summit 2021, founder Charles Hoskinson announced COTI would be the official stablecoin issuer on the Cardano blockchain that would issue Djed stablecoins. At the #CardanoSummit2021 stage in Laramie, Wyoming The post Cardano ($ADA) Announces New Stablecoin Issuer,...

Ethereum leads altcoins into recovery after rebounding from last week’s crash to the 100-day SMA. Uniswap gains 35% in 24 hours, testing the $25 hurdle after leaving support at $17.5 in the rearview. The crypto market is making a comeback in the green with a bang as the week takes off. Trading over the week The post Ethereum, Uniswap Price Analysis: September 25,...

The ETHUSDT price finally slumps by roughly 21% after trading within an expanding channel formed by a bearish and bullish divergence setup on 03 Sep ’21 16:00 and 05 Sep ’21 04:00. ETHUSDT 4 Hr Chart This price move was eventually felt on the Daily time frame ending the mid-term uptrend trend bias, and a The post ETH Price Analysis: A Slowing Mid-Term...

The recent bearish statement by the People’s Bank of China labeling all cryptocurrency related transactions as illegal followed by a decline in Bitcoin-Blockchain Miners’ revenue [BCHAIN/MIREV] suggests the recent slump in the Bitcoin BTC price. Earlier this month, the BTCUSDT crypto pair traded above the 200-period Moving Average on the H4 time frame as shown The post BTC Price Analysis: Bitcoin Bulls look...

The latest update in the XRP lawsuit saw the defendants file a letter appealing the addition of three documents to be reviewed in camera based on a privilege log provided by the SEC after the August 31, 2021, telephone conference. These documents also include an email chain that potentially discards the SEC’s former “just an The post XRP Lawsuit: SEC may lose credibility...

The Ripple vs SEC lawsuit is nearing an end and with settlement speculations still quite high, Ripple CEO Brad Garlinghouse cleared the only condition that would make them settle with the SEC. Garlinghouse appeared on the Fox network to talk about the need for clarity on Security laws from the SEC and also made it The post Ripple CEO Reveals the "Only" Condition...