Ethereum price faced resistance near $1,650 against the US Dollar. ETH corrected gains but the $1,620 support might spark another upward movement. Ethereum is eyeing a key upside break above the $1,650 resistance. The price is trading above $1,625 and the 100-hourly Simple Moving Average. There was a break above […]

The United States Securities and Exchange Commission (SEC) has brought its first NFT-related enforcement action by accusing a Los Angeles-based media and entertainment company of offering nonfungible tokens that were actually unregistered securities. SEC Issues First NFT Enforcement Action  Nonfungible tokens (NFTs) have been ensnared by the Securities and Exchange […]

The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws.  In a press release, the HKMA said that using certain banking terms may be misleading the public, causing users to […]

Cryptocurrency price analysis brought by Coinidol.com. Bitcoin (BTC) is currently trading in the positive trend zone after breaking above the 21-day simple moving average (SMA). Bitcoin price long-term forecast: bullish The current upward momentum was crossed twice at the $27,000 level. On September 14, the BTC price reached a high […]

The latest price analysis by Coinidol.com report, the price of TRON (TRX) has been moving in the uptrend zone since September 6. TRON price long term forecast: bullish The bulls broke above the moving average lines and retested them before resuming their upward march. The altcoin is rising and is […]

It has been a year since the Merge took place, and as expected, the world’s second largest cryptocurrency, Ethereum, has experienced many changes since then. What are some of them? Let’s take a look. One Year In: How Has Ethereum Changed? According to a prominent figure in the Ethereum community, […]

Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning digital collectibles. cNFTs are different from the usual Solana NFTs because their data are compressed and are stored off-chain. Because of this, production in larger […]

XRP’s legal status is clear, but Ripple’s use of it remains under scrutiny due to the SEC’s ongoing lawsuit. Ripple’s Liquidity Hub has expanded to include USDC and USDT, but XRP is still conspicuously absent. The outcome of the SEC’s lawsuit against Ripple could have a significant impact on the […]

Binance crypto exchange announced in late August that it is moving to end support for its beloved BUSD stablecoin. This move comes amid the stablecoin’s run-in with regulators, leading to a halt in its production. And now, the exchange has started moving to begin the end of support for the […]

The United States may soon have a Bitcoin-only trust company, according to plans disclosed by BitGo and Swan Bitcoin on Sep. 15. The joint venture is pending regulatory approval, the companies said in a statement. The forthcoming entity will handle similar activities of a trust company, including Bitcoin custody, administration […]