Cardano (ADA) Price Analysis: Uphill Task Near $0.465

Cardano price is struggling below $0.50 against the US Dollar, similar to bitcoin. ADA price could gain bearish momentum if it clears the $0.425 support. Cardano Price Analysis This past week, cardano price faced a strong rejection near the $0.500 zone against the US Dollar. The ADA/USD pair formed a high near $0.485 and started a fresh decline. There was […]

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Ethereum Price Analysis: ETH Recovery Faces Hurdles

Ethereum price is struggling below $1,600 against the US Dollar. ETH/USD remains at a risk of more losses if there is a break below the $1,420 zone. Ethereum Price Analysis This past week, ethereum faced a rejection near the $1,700 zone against the US Dollar. ETH price failed to gain strength and started a fresh decline below the $1,600 level. […]

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Ripple counsel: SEC's shakedowns leave consumers holding the bag

Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator’s crypto market shakedowns aren’t protecting consumers.  In an Aug. 28 opinion piece on the Wall Street Journal (WSJ) titled “The SEC Wants to Be America’s Crypto Cop,” Alderoty claimed the SEC is “pushing aside […]

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CME Group launches euro-denominated Bitcoin and Ether futures

Derivatives marketplace Chicago Mercantile Exchange Group has launched trading for Bitcoin euro and Ether euro futures contracts. In a Monday announcement, CME Group said that it launched contracts for euro-denominated Bitcoin (BTC) and Ether (ETH) futures sized at 5 BTC and 50 ETH per contract. Both contracts will be listed on CME, cash-settled, and based on the CME CF Bitcoin-Euro […]

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Tether is on the Brink of Insolvency, Balance Sheet In A Pathetic Condition: Wall Street Journal

Two weeks ago, Tether made headlines about the improvement in its market capitalization and the fact that it managed to reverse a three-month downtrend. However, Wall Street Journal’s (WSJ) recent article has claimed that Tether’s balance sheet is in such a meek position that even a 0.3% drop in the value of its reserve assets could “render Tether technically insolvent.” […]

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Mt. Gox creditors dismiss rumors of massive Bitcoin dump

As rumors about an upcoming Bitcoin (BTC) dump float on Twitter, Mt. Gox creditors took to Twitter to say that these are all false, with one highlighting that the defunct exchange’s repayment system is still not live yet.  In a Twitter thread, Eric Wall introduced himself as a Mt. Gox creditor and confirmed that there would not be a 137,000 […]

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