A new court filing on August 7 from the US Securities and Exchange Commission and Ripple Labs stated that both parties have agreed to dismiss their appeals. The move has brought official closure to one of the longest-drawn-out and most closely observed crypto lawsuits in history. In the joint stipulation of dismissal filed with the […]
Around 35,000 Bitcoin options contracts will expire on Friday, August 8, and they have a notional value of roughly $4.1 billion. This expiry event is smaller than last week’s, so it is unlikely to be enough to influence spot markets, which have started to recover following news in the US that Donald Trump has allowed […]
ADA found support at $0.70 and appears determined to reverse the downtrend. Key Support levels: $0.64, $0.70 Key Resistance levels: $0.77, $0.90 1. Buyers Return at Key Support Once the price landed on the 70 cents support, buyers returned. At the time of this post, ADA is at 75 cents and has good momentum to […]
This Friday, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum is fast approaching the key psychological level at $4,000. This comes after a good week where the price increased by 6%. This is the first time since 2024 when ETH is about to test this resistance. It would be […]
One of the leading decentralized exchanges received words of encouragement from a prominent figure in the crypto space. Even though the project’s results are significant, it can’t seem to return to its prior feats, and there are growing concerns about governance. More Room to Grow Matt Hougan, Chief Investment Officer at Bitwise, the largest provider of […]
TL;DR Shiba Inu is introducing its first-ever democratic process to appoint an interim president through a multi-phase election involving open nominations, debates, and final voting. Lead developer Shytoshi Kusama announced a shift toward community-led governance, encouraging SHIB whales to run for the position. The Elections Earlier this month, the popular meme coin project Shiba Inu […]
Changpeng Zhao (CZ) has filed a motion to dismiss a $1.76 billion lawsuit brought against him by the FTX bankruptcy trust. He says the court has no legal authority over him because he lives in the United Arab Emirates (UAE). CZ’s Defence According to a Bloomberg report, his legal team submitted the motion on Monday […]
TL;DR SEI trades near support as price drops 9% this week; volume stays above $200 million. Analyst compares SEI to SUI’s pre-rally setup, forecasting a sharp move toward $4 soon. Futures market heats up near $0.30 while Sei network TVL climbs to $604 million. SEI Declines After Pullback, Now Trading Below $0.29 Sei (SEI) is […]
Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced EIP-7999, a proposal to overhaul the network’s fee structure by unifying multiple resource costs under a single maximum fee. The move aims to simplify transaction pricing while improving capital efficiency, addressing long-standing concerns about Ethereum’s complex fee market design. A Unified Approach to Ethereum’s Fee […]
The former gaming firm announced on Tuesday that it now holds 521,939 ETH worth close to $1.9 billion at current market value. Joe Lubin’s Ether treasury firm acquired 83,561 ETH for $264.5 million at an average price of $3,634 between July 28 and August 3. SharpLink stated that its ETH-per-share is now 3.66, up from […]