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US Judge Dismisses Class Action Suit against Uniswap

Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the exchange for allowing scam tokens on its platform. The individuals claimed to have bought scam tokens EthereumMax...

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EOS Price Analysis: Bulls Aim Increase To $0.70

EOS price is eyeing a fresh increase from the $0.550 support against the US Dollar. The price is now trading above $0.60 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.580 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.68 and $0.70 resistance levels. EOS price is recovering above $0.60 against the US Dollar, like Bitcoin. The...

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Litecoin (LTC) Price Analysis: Fresh Increase Possible Above This Hurdle

Litecoin is slowly moving higher from the $60 support against the US Dollar. LTC price is now trading above $65 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $68.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $68 and $70 resistance levels. Litecoin price is recovering from the $60 zone against the US Dollar, similar to Bitcoin....

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Circle’s USDC Stablecoin Coming to Coinbase’s Base Next Week

After two years of split governance, the cooperation between the two companies has culminated in a new agreement, with Coinbase even acquiring a minority stake in Circle. Earlier this summer, Circle shared plans to upgrade USDC’s technical capabilities in order to pave the way for present and future projects – and the release of the next upgrade has just been announced. Stable September On the 29th of August, Jeremy Allaire – the CEO of Circle – announced that USDC would be...

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EOS Tokens Approved for Trading on Japanese Exchanges Starting September

CoinspeakerEOS Tokens Approved for Trading on Japanese Exchanges Starting September With a robust operational history and an efficient Ethereum Virtual Machine launched earlier this year in April, EOS has established itself as a trusted platform for developers in the crypto industry. EOS Tokens Approved for Trading on Japanese Exchanges Starting September

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SOL Price Analysis: Solana Could Recover Further If It Clears $22.40

Solana price started a decent increase above the $20.80 resistance against the US Dollar. The price is now trading above $20.50 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $20.75 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $22.00 and $22.40 to continue higher in the near term. Solana price is trading above $21.00 against the US Dollar, similar to...

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Cardano (ADA) Price Analysis: Bears Active Below $0.28

ADA price is trading in a bearish zone below the $0.280 support zone against the US Dollar. The price is now trading below $0.270 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.270 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.278 resistance zone. Cardano price is struggling below $0.278 against the US Dollar, similar to Bitcoin. ADA price...

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Ethereum Price Analysis: ETH Sits At Key Breakout Zone

Ethereum price is struggling below the $1,700 resistance against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,660 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,660 and $1,700. Ethereum price is declining below $1,700 against the US Dollar. ETH/USD remains at a risk of more downsides if it...

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Balancer Drained for Almost $1M Days After Disclosing Vulnerability

On the 22nd of August, Balancer Labs – a non-custodial portfolio manager, liquidity provider, and price sensor – received reports of a massive vulnerability affecting several of its lending pools. At the time, no attacks had been carried out – but that changed recently. Community Alerted As soon as the exploit was discovered, Balancer devs published a warning to its users, noting that certain pools had already been marked as safe and promising a post-mortem of the situation...

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