A federal judge in California has cleared the way for investors to pursue state-level class actions against celebrities and other promoters of the EthereumMax (EMAX) token, while rejecting a broader nationwide claim. Key Takeaways: A judge allowed state-level EMAX class actions in NY, CA, FL, and NJ to proceed but rejected a nationwide class. Claims…
Bitcoin’s price gained a few grand over the past days but was stopped ahead of $118,000 and now stands around $117,000. Many altcoins have significantly outperformed the market leader, which has reduced its dominance by 2% to 58%. BTC Dominance Drops August started on the wrong foot for bitcoin, which started to lose value rapidly…
TL;DR Ripple’s cross-border token has joined the altcoin pack by marking substantial gains over the past few days, now trading close to its previous all-time high. One indicator suggests that the asset could experience another massive double or even triple-digit rally, given its historical performance. MVRV Golden Cross It was just a week or so…
TL;DR After digging a new low after a new low for a few consecutive days, Pi Network’s native token has finally bounced off with an impressive double-digit price rally. The question now arises whether the correction has finally ended or that’s just a typical dead cat bounce. PI Token Price. Source: CoinGecko It’s safe to…
The cryptocurrency space is a compelling industry that tends to prove many doubters wrong, even veterans and seasoned participants such as BitMEX’s co-founder, Arthur Hayes. As reported last week, the current Maelstrom exec sold a big portion of his portfolio as he envisioned a more profound market-wide correction was in the making. At the time,…
BlackRock has ruled out launching spot exchange-traded funds (ETFs) for XRP or Solana (SOL) soon. The stance comes despite growing industry chatter and the recent conclusion of Ripple’s long-running legal battle with the US SEC (Securities and Exchange Commission). Why BlackRock Is Staying Away From XRP BlackRock reportedly has “no plans” to offer XRP spot…
Bitcoin is trading around key levels after reclaiming the $115,000 mark, with bulls firmly in control despite ongoing consolidation below the $120,000 threshold. The trend remains bullish, supported by steady buying interest and strong technical positioning. Key data shows that the correlation between Bitcoin and the S&P 500 has surged to 80%. In this high-correlation…
Bitcoin continues to solidify its status as a strategic reserve asset, with growing institutional adoption fueling its long-term bullish narrative. The latest major endorsement comes from one of the world’s most prestigious universities — Harvard. In a recent SEC filing, it was revealed that Harvard University’s investment portfolio acquired $117 million worth of shares in…
TL;DR Many cryptocurrencies managed to break their respective all-time highs during the ongoing cycle, including several of the largest ones. Ethereum is among the few that are yet to achieve such an incredible feat, but it has closed down the gap to its 2021 ATH. ETHUSD. Source: TradingView Is it Time? The 4-hour graph above…
After a near steady decline over the last week, the XRP price is now struggling as it fluctuates between bearish and bullish impulses. This correction is concerning as it is pushing the price downward toward a Fibonacci level that could spark further decline. Given this, the price must reclaim and hold the $3 level if…