The Ethereum price today sits near $2,980—down more than 21% this month—as traders assess whether recent volatility marks the final stage of a broader correction or the precursor to a rebound. Based on chart observations using a four-hour and daily timeframe, short-term RSI readings below 40 and a descending price channel point to oversold conditions.…
Bitcoin (BTC) faces a critical crossroads as it hovers around the $88K pivot, with market fear high and traders eyeing potential bullish rebounds in the coming sessions. After recent volatility, Bitcoin has consolidated near $88,000, creating a key decision zone for investors. Technical indicators and on-chain metrics suggest that defending this level could set the…
The attack marks one of the largest individual losses from this type of fraud on record. Blockchain security firms SlowMist, Scam Sniffer, and Web3 Antivirus identified the victim as sending 49,999,950 USDT to a scammer-controlled address. The funds were withdrawn from Binance exchange just before the attack occurred. The Attack Timeline According to Etherscan data,…
Ronald Spektor of Sheepshead Bay was arrested on December 4, 2024, and arraigned on Friday, December 20, 2024, on a 31-count indictment that includes first-degree grand larceny, first-degree money laundering, and participating in a scheme to defraud. He pleaded not guilty to all charges. The case represents one of the largest social engineering cryptocurrency scams…
The Crypto-Asset Market Act, which aims to align Poland with the European Union’s Markets in Crypto-Assets (MiCA) framework, now moves to the Senate for review in what has become one of Europe’s most contentious regulatory debates. The Rocky Road to MiCA Implementation The Crypto-Asset Market Act received 241 votes in favor and 183 against in…
Ethereum (ETH) is showing early signs of a bullish reversal as futures activity, technical breakouts, and institutional inflows indicate that the market may be shifting toward stronger upward momentum. Recent price action has seen ETH stabilize around the $3,000 mark, bolstered by rising RSI levels and Fibonacci support zones. Traders and institutions are closely monitoring…
In recent trading sessions, XRP has shown notable resilience, holding near the $1.90–$1.95 range despite macroeconomic headwinds, including Japan’s recent interest rate adjustment. During Asian trading hours, the token briefly dipped toward $1.80 but recovered swiftly, reflecting both retail and institutional support. As of December 20, the XRP price today hovered around $1.92–$1.94, with market…
Solana price is testing the crucial $100–$130 support zone as price hits multi-month lows, with market watchers looking for signs of stabilization or a decisive breakdown. Solana price is trading near its lowest levels since April as price action continues to weaken following months of downside pressure. With SOL now testing a historically important support…
Bitcoin prices are attempting to stabilize after a sharp CPI-driven whipsaw unsettled short-term sentiment across the crypto market. Following an initial rally sparked by softer-than-expected U.S. inflation data, Bitcoin (BTC) quickly reversed, shedding gains before finding demand near the mid-$85,000 region. Such intraday reversals have been a recurring feature during major macro releases, as leveraged…
Ethereum (ETH) is showing tentative strength near critical support, with bulls targeting a short-term breakout above $3,500, while longer-term projections suggest a potential upside scenario above $9,300 if macroeconomic conditions align. After weeks of consolidation, Ethereum’s price has stabilized within a key demand zone, ranging from $2,708 to $2,808. This area has become pivotal in…