Ethereum price is struggling to stay above the $1,620 support against the US dollar. ETH must clear the $1,665 hurdle to start a fresh increase. Ethereum trimmed all gains and now trading near the $1,630 level. The price is trading below $1,660 and the 100-hourly Simple Moving Average. There is […]

The relatively lackluster performance of nine new Ethereum futures exchange traded funds (ETFs) has prompted analysts at K33 Research to urge a “rotate back” into Bitcoin (BTC).  In an Oct. 3 market report, analysts Anders Helseth and Vetle Lunde said that it’s “time to pull the brakes on ETH and […]

The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have set up a crypto-focused working group to deal with illicit crypto exchange activities. In an Oct. 4 statement, the SFC said the group was formed after a meeting with the HKPF on Sept. 28 amid continuing […]

Bitcoin, the leading digital currency, has often seen its fortunes rise with October’s arrival, and historical data points towards the possibility of a similar trend this year. Over the past decade, Bitcoin’s October performance has been notably bullish, leaving many investors hopeful for a turnaround after recent challenging months. But […]

An on-chain crypto investigator took to social media to expose the supposed black truth behind Justin Sun’s Tron but has thrown Ethereum in the mix, alleging that the cryptocurrency is backed by the CCP and may harbor crypto wallet addresses by Fentanyl traffickers.  On-Chain Detective Unveils Potential Tron Ponzi Scheme […]

The Open Network (TON) — a decentralized blockchain platform initially designed by Telegram — has secured major funding from the venture arm of the cryptocurrency exchange MEXC. TON has raised an eight-figure investment from MEXC Ventures — a subsidiary of MEXC’s global cryptocurrency exchange MEXC — the firm announced on […]

Acclaimed author Michael Lewis has just released his latest book, “Going Infinite,” and it’s already making waves in the cryptocurrency community. But what is the real shocker? In mid-2021, Bankman-Fried, founder of crypto exchange FTX, proposed to buy back FTX shares from Binance’s CZ for a whopping $2.2 billion—a stark […]

The European Commission is conducting risk assessments and considering export controls on “critical technology areas” including artificial intelligence (AI) and semiconductor technologies, according to an update from the Commission.  On Oct. 3, EU officials said they identified four areas that need assessment regarding technology risk and risk of technology leakage. […]

Five cryptocurrencies showing the biggest price fall of the week are Toncoin, UNUS SED LEO, Immutable, GateToken, Hedera. Cryptocurrency analysis by Coinidol.com. The downtrend zone continues to be the trading area for the worst performing cryptocurrencies. The overbought condition of cryptocurrencies has prevented upward corrections in these altcoins.  Toncoin The […]

South Korea joins a growing number of nations launching central bank digital currency (CBDC) pilot programs. The country’s central bank, the Bank of Korea (BOK), will launch the pilot project to explore the technical infrastructure for a CBDC.  The joint announcement of the CBDC pilot by the BOK, the Financial […]