The recent price movement of Ethereum has shown a consolidation zone between $3,949 and $3,627. This consolidation is a result of a previous rally that brought about a 10% increase in the price of the cryptocurrency. The uncertainty in the market is evident as the price hovers within this range, indicating that a breakout either
Kabosu, the Shiba Inu who rose to fame as the iconic face of the “Doge” meme, has left a lasting impact on internet culture. With her distinct expression and playful captions, she captured the hearts of millions worldwide. The whimsical and endearing nature of Kabosu made her a symbol of joy and laughter in the
The recent sale of $2.6 billion worth of discounted Solana tokens by the bankrupt crypto exchange FTX has raised eyebrows in the cryptocurrency community. Figure Markets and Pantera Capital were major buyers in this auction, acquiring the final troves of SOL tokens at a significant markdown from the current market price. Figure purchased 800,000 coins
The recent fluctuations in the Bitcoin price have left many investors on edge, with the price dropping from above $71,000 to around $67,000. This has caused crypto analysts to closely examine the technical indicators to determine the next possible direction for BTC. One analyst, The Signalyst, has highlighted that Bitcoin is currently at a crucial
Coinbase recently filed a motion for an interlocutory appeal with the US District Court for the Southern District of New York, accusing the SEC of attempting to bypass the Howey test. The exchange argues that the SEC is avoiding the question of whether digital asset transactions without post-sale obligations can be considered investment contracts. This
In a unanimous decision, the U.S. Supreme Court recently ruled against Coinbase Inc. (COIN) in an arbitration dispute stemming from the cryptocurrency exchange’s 2021 Dogecoin (DOGE) sweepstakes. The ruling clarified the importance of determining which legal agreement takes precedence when parties are governed by multiple contracts. Justice Jackson emphasized the need to establish which contract
OpenSea has recently introduced a new initiative called the “Get Based” series, with the primary goal of showcasing artists who are creating on Coinbase’s Base network, an Ethereum Layer 2 solution. Throughout the summer, this series will feature the works of up to 15 talented artists, presenting a diverse range of artistic styles and creations.
The Dogeverse (DOGEVERSE) presale is coming to a close, with the last chance to participate ending on 3 June 2024 at 10 am UTC. This presale has already raised over $15 million, showcasing the incredible popularity and potential of the $DOGEVERSE meme token, which is currently priced at $0.00031. Once the presale ends and the
The looming approval of spot Ethereum ETFs has sparked concerns among market experts, including Thomas Fahrer, co-founder of Apollo. Fahrer has warned about the potential market dynamics following the conversion of the $9 billion worth of ETH locked in Grayscale’s Ethereum Trust (ETHE) into spot ETFs. He predicts a turbulent transition for Ethereum, citing historical
The U.S. District Court for the Western District of Texas recently granted partial summary judgment in favor of the Securities and Exchange Commission (SEC) in a case involving crypto influencer Ian Balina. The court found that Balina had offered and sold SPRK Tokens as securities in unregistered transactions, thereby violating US securities laws. The SEC’s
