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The United States Court of Appeals for the Second Circuit on Thursday rejected Terraform Labs CEO Do Kwon’s dispute of a subpoena by the Securities and Exchange Commission (SEC). The federal agency was seeking documents and testimony in connection with its investigation of whether Terra used the Mirror Protocol to
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Ethereum's native token, Ether (ETH), looks poised to undergo a sharp upside retracement in the coming weeks after painting a so-called "double Doji" pattern, accompanied by a few bullish technical indicators.Ether strong support confluence meets DojisTo recap, a Doji is a candlestick that forms when a financial instrument opens and
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By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin continues to look bullish from an on-chain perspective as whale holdings have risen to its highest since
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Even though Bitcoin (BTC) was rejected at $45,500, hope for another substantial advance in the cryptocurrency market has reappeared. Bulls are now aiming to beef up their defense at the $43,000 support level. According to TradingView data, after reaching a weekly high of $45,500 early on Feb. 8, bears were able
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Bitcoin (BTC) scooped liquidity at new lows on Jan. 7 as 2022 continued to deliver uninspiring price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC price should close above $42,400Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its lowest levels since September overnight, reaching $40,938 on Bitstamp.The pair had
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Data shows Bitcoin funding rates right now are at the same level as they were in early September. This means the coin may see another flush out similar to how it happened back then. Bitcoin Funding Rates Float Around Similar Levels To Early September As per this week’s on-chain report from Glassnode,
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“Powell made it clear we’re right on the edge,” said former Federal Reserve economist Claudia Sahm. A jobs gain of “200,000 or more will push them to ‘further substantial progress,’” a phrase that Powell has used to describe the precondition for tapering. Original Source
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The crypto market has started on another recovery trend. This time, the price of bitcoin has crossed $50,000 after a slow month in September that had the entire market in a chokehold. Crashes rocked the space and cryptocurrencies succumb to the massive value loss that put the market in the
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The monster-battling game that uses non-fungible tokens (NFTs) to reward players made 64,933.71 ether (ETH), worth $220.32 million, in September, down from a record $342 million in August, data center Axie World shows. While September’s figure represents a nearly 3,000-fold year-on-year growth, it’s only about 10% of the pace of
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Traders’ recent preference for Ethereum competitors contrasts with the situation earlier this year, when the dominant network’s fast growth riveted investors, and ETH staged a rapid rally. Its market share has risen rapidly and now accounts for 26% of investment products, compared with 11% in January, said James Butterfill, an
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