Prita Ghozie

Ethereum’s Price: A Potential Recovery?

Ethereum’s price has been stuck in a bit of a rut lately, hovering around the $2,600 to $2,800 range. While it’s been trying to break above $2,800, sellers keep pushing it back down. But don’t count Ethereum out just yet! Holding Key Support Despite the price action, buyers are holding strong, preventing the price from…

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Big Money Moves: Nations Dump US Treasuries

Three major world powers – China, Japan, and the UK – significantly reduced their holdings of US Treasury bonds in December. The combined decrease totaled a whopping $81 billion. A Trillion-Dollar Sell-Off China: Shed $9.6 billion, leaving them with $759 billion – their lowest level since 2009. Japan: Sold off a massive $27.3 billion, still…

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Bybit’s Big Hack: $1.4 Billion ETH Heist Shakes Ethereum

Bybit, a major crypto exchange, recently suffered a massive hack, resulting in the theft of around $1.4 billion worth of cryptocurrency. This incident sent ripples through the crypto market, particularly impacting the price of Ethereum (ETH). The Heist The hack involved a sophisticated attack on Bybit’s ETH cold wallet. Attackers cleverly manipulated a transaction from…

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Coinbase Wants US Congress to Sort Out Crypto Rules

Coinbase is urging the US Congress to create clear rules for the crypto industry. They say the current lack of regulation is hurting innovation and investors. Six Key Priorities for Crypto Regulation Coinbase’s Chief Policy Officer, Faryar Shirzad, outlined six main things Congress should focus on: Clear Definitions: Congress needs to define what exactly counts…

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Bitcoin’s Balancing Act: A Price Point to Watch

Bitcoin’s price is hanging in the balance, and a key price level could determine whether it continues its upward trajectory or takes a tumble. The Crucial $92,500 Mark According to recent analysis, Bitcoin (BTC) needs to stay above its short-term holder (STH) cost basis—around $92,500—to avoid a potential crash. This price level has historically acted…

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