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Samuel Edyme, also known as HIM-buktu, has a multifaceted background as a web3 content writer, journalist, and aspiring trader. His entrance into the crypto world was far from conventional, starting with a Ponzi scheme that lured him in. However, instead of being deterred by this experience, he emerged with a newfound wisdom and determination. This
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Crypto analyst Javon Marks has made some bold predictions regarding the price of Ethereum (ETH), suggesting that the cryptocurrency could see a significant 75% breakout and rise to $4,723. Marks points to bull divergences holding within a massive climb since breaking out, indicating that this parabolic rally is indeed possible. He even goes as far
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Coinbase’s recent comment letter to the US Securities and Exchange Commission (SEC) highlighted several significant flaws in the agency’s cost-benefit analysis of the proposed rule. The letter, penned by Coinbase’s chief legal officer, Paul Grewal, argued that the SEC had failed to adequately assess the rule’s economic impact on efficiency, competition, and capital formation. One
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Cryptocurrency analyst, Peter Brandt, recently brought attention to an inverted or expanding triangle pattern in Bitcoin (BTC), using classical charting principles to analyze its potential impact on the price trajectory. While his analysis provides valuable insights, it’s important to critically examine the implications of this pattern on Bitcoin’s future movements. The Pattern Formation Brandt’s analysis
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The current market condition has left many new Bitcoin investors facing financial stress. Various metrics suggest a bearish environment, highlighting factors that may increase market volatility, selling pressure, and further price declines. According to a Bitfinex Alpha report, metrics such as the Short-Term Holder MVRV and the standard deviation (SD) of short-term holder Cost-Basis indicate
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The liquidators of Three Arrows Capital (3AC) have recently taken legal action against TerraForm Labs, a bankrupt digital assets company co-founded by Do Kwon, in pursuit of a $1.3 billion lawsuit. The lawsuit stems from the allegations that TerraForm Labs manipulated the market for Luna and TerraUSD, resulting in artificially inflated prices for these tokens.
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In a recent development, a US appeals court has made a significant ruling in a class-action lawsuit against Binance.US, the American subsidiary of the global Binance exchange. The court’s decision partially overturned the dismissal of the lawsuit, stating that the plaintiff, Ryan Cox, had valid claims against both Binance.US and CoinMarketCap for allegedly manipulating the
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The Unioverse gaming platform has once again captured the attention of gamers with the launch of its latest game, Hoverdrome. This game promises to deliver an exciting and adrenaline-pumping experience that combines the best elements of popular titles like Mario Kart and Rocket League. Hoverdrome is more than just a typical game; it is a
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The recent trading activities of Ethereum have highlighted a crucial point in its trading journey, as it forms a bearish triangle pattern. This pattern indicates a potential significant breakout, with the possibility of a sharp decline towards the $2,160 target. The detailed technical analysis of Ethereum’s price action emphasizes the importance of this bearish triangle
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