Crypto news

This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and Solana Ethereum (ETH) Another week has passed with little excitement for Ethereum investors as volatility was low – likely due to the Christmas holidays. However, ETH’s price did fall by 2% in the past seven days. This is a negligible move in the price, which still remains in a flat trend. This cryptocurrency remains stuck between the key support at $1,160 and the resistance at $1,240. This channel is...

The FTX collapse is going to go down as one of the biggest flops to ever occur in crypto. The event has caused several politicians to enter the regulatory call factory, one of which is Joe Biden. Joe Biden Wants the Crypto Space Regulated Thinking he can somehow make a difference, Biden recently voiced support for newfound digital currency regulation to ensure that what happened with FTX never happens again. Biden initially sought to get the ball rolling on such a...

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Bitcoin’s price has been confided by a very tight price range between the 50-day moving average and the ascending trendline. Considering the importance of this price range, the breakout’s direction should determine the mid-term perspective of the cryptocurrency’s path. Technical Analysis By Shayan The Daily Chart Bitcoin’s price started recovering after the significant crash toward $15K in mid-November. However, the rally didn’t last long and was halted at the $18K resistance...

It has been 51 days since Ethereum experienced a significant crash and dropped to a new yearly low of $1.1K. Meanwhile, the price has been stuck in a price range between $1.1K and $1.3K. Further consolidation in the mentioned range would be the most likely scenario in the upcoming days. Technical Analysis By Shayan The Daily Chart Ethereum faces a critical price zone consisting of the 50-day moving average as a resistance and the multi-month channel’s middle level as a...

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The cryptocurrency exchange FTX has seemingly come and gone. The fall of the exchange will likely go down as one of the biggest embarrassments of the digital currency space, and as a result, many players within the industry are calling for exchanges to become less centralized. They are certain that decentralized finance (or defi as it’s called for short) is the answer to many of crypto’s problems. Every Exchange Is Being Told What to Do There is a big idea flowing...

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