Ethereum (ETH) has been stuck around the $4,000 mark lately, but there’s some good news. A new support level has emerged, suggesting things might be looking up. A Solid Support Base Crypto analyst Ali Martinez spotted a key support zone between $3,700 and $3,810. A whopping 3 million wallets bought 4.6 million ETH in this…
Ethereum is trying to break past the crucial $4,000 mark, getting closer to its all-time high. While some think it might underperform this time around, Ethereum keeps proving its strength, bouncing back from dips and maintaining a positive price trend. Positive On-Chain Data Good news! Recent data shows Ethereum’s network is buzzing. Things like the…
Ethereum’s price dipped slightly last week, following the trend of other altcoins. But there’s some interesting activity happening on the network itself. High Network Fees: A DeFi Boom? Ethereum network fees jumped 18% last week, hitting a nine-month high of $67 million. Analysts say this is likely due to a combination of factors: Bitcoin’s price…
Chainlink (LINK) is dominating the development scene in the real-world assets (RWA) sector, according to recent data. Chainlink Takes the Lead Market intelligence firm Santiment reported that Chainlink showed significantly more development activity than other projects in the space. Over the past month, Chainlink boasted nearly 394 notable GitHub events. This is far ahead of…
Morgan Stanley’s wealth management division is paying a hefty $15 million fine after four former advisors allegedly stole millions from client accounts. Lax Security Allowed Millions in Theft The Securities and Exchange Commission (SEC) claims Morgan Stanley Smith Barney (MSSB) failed to implement proper safeguards to prevent the theft. Between 2015 and 2022, these advisors…
Ethereum is making a comeback! Activity on the network is booming, with more new users than we’ve seen in eight months. A Surge in New Users December saw an average of 130,200 new Ethereum addresses created every day. That’s a level of activity we haven’t seen since April! Data from Santiment, a crypto analytics company,…
BNB is showing some serious strength, recently climbing back above $724. After a bumpy ride, buyers seem to be taking charge. But the big question is: can this rally continue all the way to $800? BNB Reclaims $724: A Big Deal Passing $724 is a huge win for BNB. This price point was previously a…
Pepe coin is having a moment, with its price soaring. But is there a better opportunity out there? Let’s explore. Pepe’s Price Prediction: Sky’s the Limit? Pepe’s price has been climbing steadily, mirroring Bitcoin’s recent surge. In the last month alone, it’s seen an 85.94% increase, and a whopping 1,668% increase over the past year!…
Rep. French Hill, the newly elected chair of the House Financial Services Committee, has made clear crypto regulation a top priority. Hill, a Republican from Arkansas and a known crypto supporter, wants to establish clear rules for the digital asset market. A Need for Clear “Rules of the Road” Hill believes the current lack of…
A whopping $7 trillion is sitting idle in money market funds, a new record high. This massive amount of cash reflects investor hesitation to invest in riskier assets. Why the Cash Pile-Up? Investors started moving their money into money market funds in 2022 when the Federal Reserve aggressively hiked interest rates. These funds offer lower-risk,…
