Ethereum’s price has experienced a significant drop recently, marked by a second rejection from the $4,000 resistance level. The daily chart indicates a pattern of lower highs and lows since the failed attempt to break the $4,000 level. Additionally, the market has broken below the 200-day moving average at around $3,100. Currently, the price is
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The recent closure of the SEC investigation into Hiro and the Stacks blockchain marks a significant milestone in the history of the Bitcoin Layer-2 network. After more than three years of scrutiny, the team is celebrating the conclusion of the investigation without any enforcement action recommended. This outcome is a testament to Hiro’s commitment to
In a recent court hearing, Judge Katherine Polk Failla expressed doubt regarding Coinbase’s efforts to subpoena SEC Chair Gary Gensler in the ongoing legal dispute between the cryptocurrency exchange and the Securities and Exchange Commission. The hearing shed light on Coinbase’s persistent attempts to acquire Gensler’s communications, including statements made before he assumed the role
The recent closure of the SEC investigation into Hiro Systems and the Stacks blockchain marks a significant milestone in the history of the Bitcoin Layer-2 network. This investigation, which spanned over three years, was initiated following the first-ever SEC-qualified offering by Stacks in 2019. The closure of this investigation without any enforcement action being recommended
Born and raised in Edo State, Nigeria, I have always been surrounded by a strong support system that has molded me into the person I am today. My family, consisting of my parents and three siblings, has been the pillar of strength in my life. Their unwavering support and guidance have been instrumental in shaping
Bitcoin, the pioneering cryptocurrency, has been making waves in the financial markets with its recent all-time high above $73,000. This has raised questions among market watchers and analysts about whether Bitcoin has reached its peak for this market cycle. However, a crypto analyst known as ‘CryptoCon’ has provided a detailed analysis of Bitcoin’s price movements
Justin Sun, the well-known founder of Tron, a decentralized blockchain-based operating system, has recently made headlines for his substantial investment in Ethereum (ETH). Spot On Chain, an AI-driven on-chain analytics platform, revealed that Sun had purchased 1,614 ETH tokens at a price of approximately $3,097 per ETH, totaling $5 million. This latest transaction adds to
The UK Law Commission recently published a scoping paper discussing the legal characterization of Decentralized Autonomous Organizations (DAOs) in the country. DAOs are blockchain-based communities that work towards a common goal, such as investing in startups or acquiring historical artifacts. However, the Commission highlighted the difficulties in defining DAOs, as there is a lack of
The German state of Saxony is facing a rapid depletion of its Bitcoin reserves, with recent reports indicating that a significant amount of Bitcoin has been offloaded to various crypto exchanges. This comes after the government seized Bitcoin from the film piracy website Movie2K earlier this year and began auctioning off around $3 billion worth
In the fast-paced world of Web3 technology, managing your onchain activities can be a daunting task. However, Coinbase has introduced a solution in the form of the Coinbase Wallet Web3 app, designed to simplify and streamline your on-chain experience. In this article, we will explore the key features of this platform and why it could
