It’s hard to imagine that Ethereum (ETH) could fall below $2,000 right now. Yet, given current downside risks, that outcome is possible. Below we examine those risks in more detail, but first a few highlights: The biggest risk centers on the potential launch of Ethereum 2.0. If Ethereum 2.0 merges with the Beacon Chain, it … Read more

Filecoin (FIL) is often hailed as one of the most promising projects poised to help reshape Web3. Many experts believe its potential is within reach, yet the token has struggled this year. Still, after a period of consolidation, a breakout could be approaching. Here are some key points to consider: Filecoin could potentially rise fourfold … Read more

Ethereum (ETH) has lost more than half of its peak value in nine months, and the buyers who typically cushion such declines have been largely absent. On-chain analyst Easy On Chain warns that the problem runs deeper than the price drop itself. In a market report published on May 21, the group highlighted a widening … Read more

Seychelles-based cryptocurrency exchange Huobi has moved to dissolve its Beijing unit, Huobi Tianxia Network Technology, which operated in the Chinese market According to Chinese media reports, Huobi is closing its Beijing affiliate. Stakeholders of the Beijing entity reportedly agreed to dissolve the company about a week ago. The notice they filed, dated July 22, only … Read more

A South Korean court has temporarily suspended the six-month partial business suspension imposed on cryptocurrency exchange Bithumb, providing immediate relief while the platform contests the regulatory action. The Seoul Administrative Court’s Second Administrative Division, presided over by Judge Gong Hyeon-jin, granted Bithumb’s request for a stay of execution on the same day it was filed, … Read more

The digital asset manager is sparing no resources to convert its Bitcoin Trust into a Bitcoin ETF Grayscale’s CEO said the firm would do whatever it takes to reach its goal, including litigating against the SEC Pressure on the U.S. Securities and Exchange Commission (SEC) is mounting over approval of a spot cryptocurrency ETF. The … Read more

TL;DR Algotech is now in its third presale stage and has raised more than $3.7 million so far. The broader crypto market has performed well this week, with BTC trading above $70k. The broader cryptocurrency market has rebounded after a weak performance last week. Bitcoin rose more than 5% over the past seven days and … Read more

XRP saw 4,300 new wallet creations in the past 24 hours, according to Santiment data published on May 22, marking the fourth-largest surge in network growth so far this year. The spike occurred as XRP traded near $1.37, and it coincided with elevated derivatives activity on Binance and the CME despite the token’s lackluster performance … Read more

April closed with bitcoin (BTC) delivering a roughly 12% gain—the largest monthly advance in a year. Although the price pulled back slightly to about $75,000 by month-end, traders and analysts debated whether the upward move was rooted in durable fundamentals or driven by short-term speculation. Market research firm CryptoQuant recently weighed in with on-chain analysis … Read more

In a recent appearance on CNBC’s TechCheck, Block co-founder Jim McKelvey said the pace of disruption driven by crypto-focused firms in the payments sector is accelerating. The wave of companies that set out to transform payments, including Block, has experienced slower growth recently due to a number of factors, notably increased regulation. Still, McKelvey rejects … Read more