TLDR Ethereum price recovered above $1,880 and is trading around $2,032, showing signs of recovery after a prolonged correction Critical resistance levels at $2,020, $2,040, and $2,150 need to be broken for ETH to potentially reach $2,800 or even $4,000 Institutional investors continue accumulating ETH, with wallets holding at leastContinue Reading

US authorities are seeking to return $7 million to victims of a social engineering scam that tricked them into sending money to fake cryptocurrency investment platforms.  The scam involved the fraudsters contacting victims and earning trust before directing them to websites masquerading as legitimate crypto investment platforms, Virginia’s Eastern DistrictContinue Reading

The Depository Trust & Clearing Corporation (DTCC) — the US’s primary clearinghouse for securities transactions — has committed to promoting Ethereum’s ERC-3643 standard for permissioned securities tokens, according to a March 20 announcement.  DTCC is joining the ERC3643 Association, a nonprofit dedicated to catalyzing the standard’s adoption with the goalContinue Reading

TLDR Ethereum’s supply on exchanges has fallen to the lowest level since November 2015 (8.97 million ETH) ETH price is down 26-47% in the past month, currently trading around $1,970-$1,990 Reduced exchange supply typically signals long-term holder accumulation and potential “supply shock” Ethereum faces challenges including decreased mainnet activity, lowerContinue Reading

Shuttered crypto exchange Garantex is reportedly back under a new name after laundering millions in ruble-backed stablecoins and sending them to a freshly created exchange, according to a Swiss blockchain analytics company.   Global Ledger claims the operators of the Russian exchange have shifted liquidity and customer deposits to Grinex, whichContinue Reading

TLDR Ethereum (ETH) is showing price patterns similar to 2017 and 2020 bull runs, suggesting a potential trend reversal ETH has fallen below $2,000 since March 11, with technical indicators like Stochastic RSI showing oversold conditions Multiple analysts point to historical fractals and a 5-year trendline support suggesting an imminentContinue Reading