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Cardano (ADA) Price Analysis: Risk of Downside Break Below $0.480

ADA price started a downside correction from the $0.538 zone against the US Dollar. The price is now trading below $0.52 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.500 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.510 and $0.520 resistance levels. Cardano’s price is consolidating above $0.4650 against the US Dollar, like Bitcoin. ADA...

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Ethereum Price Analysis: ETH Could Rally Above $2,400

Ethereum price is eyeing an upside break above the $2,400 resistance against the US Dollar. ETH price is now trading above $2,300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,280 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,240 support zone. Ethereum price is consolidating above the $2,240 level against the US Dollar. ETH/USD could rise again if it...

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Change of Heart: South Korea to Discuss Spot Bitcoin ETFs With US SEC (Report)

Speculation about the South Korean government rethinking its hostile stance on spot Bitcoin exchange-traded funds (ETFs) may be true, as the country’s financial regulator has officially indicated interest in the products. A report from local media outlet Hankyung has revealed that the Financial Supervisory Service (FSS) of South Korea intends to meet with the United States Securities and Exchange Commission (SEC) to discuss the crypto industry and spot Bitcoin ETFs. FSS to...

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