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Cardano (ADA) Price Analysis: Bulls Aim For Rally To $0.75

ADA price is gaining pace above the $0.580 zone against the US Dollar. The price is now trading above $0.6120 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.6050 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.640 and $0.650 resistance levels. Cardano price is rising above $0.620 against the US Dollar, like Bitcoin. ADA price could rally further if there is a...

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Ethereum Price Analysis: ETH Extends Rally Toward $3,000

Ethereum price is moving higher above the $2,750 resistance against the US Dollar. ETH price is now trading above $2,750 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,880 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,750 support zone. Ethereum price is rising above the $2,800 level against the US Dollar. ETH/USD could rise further if it clears the...

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Fake Rabby Wallet Approved on App Store Before Real One

Rabby Wallet is a somewhat popular crypto wallet made by Debank that has been around for a while now and boasts support for 141 chains and multiple signing modes. On the 16th of February, the company behind Rabby Wallet announced the launch of the beta version of its mobile app. Unfortunately for fans of the platform, the app you find when searching for Rabby Wallet on the iOS App Store is, in fact, a drainer with no ties to the real app. 🚨 A FAKE iOS app has resurfaced....

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South Korea Reportedly Pushes for 2-Year Postponement on Crypto Taxation

South Korea’s ruling People Power Party is reportedly advocating for a further two-year taxation postponement on cryptocurrency investment gains, which appears to be part of the party’s campaign for the general election coming in April. Notably, the program was scheduled earlier for 2023 and rescheduled to January 2025, and the current People Power Party request is looking to push it to 2027. People Power Party Wants Extension on Tax Policy According to a report by Herald...

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Vitalik Buterin Anticipates Ethereum’s Verkle Trees Upgrade, Hints at AI Integration

Vitalik Buterin has taken to social media to express his anticipation for the imminent integration of “Verkle trees” onto the Ethereum blockchain. He emphasized that this advancement will enhance the functionality of staking nodes, decrease disk space requirements, and elevate the overall user experience. Enhanced Efficiency and Decentralization In a recent post on the social media platform X, the Ethereum co-founder shared his enthusiasm for Verkle trees, stating, “I’m...

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Here’s How a Trader Made 1,280x Profit with SORA Token

An unidentified trader has successfully generated a profit of $176,000 from a modest initial investment of 0.049 ETH, valued at just $137 at the time. Per analysis by Lookonchain, the trader initially utilized 0.049 ETH to acquire 16 million SORA tokens. Trader Nets 1280x Return The trader then made a strategic move by selling 12.36 million SORA tokens for a significant return of 36.57 ETH, which amounted to $102,492 at the prevailing market rates. In addition, including the...

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