Crypto News

Ethereum Price Analysis: ETH Could Extend Rally
Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could gain pace above the $4,250 and $4,260 levels in the near term.

Roughly 11,000 entities represent 55% of Bitcoin’s on-chain volume
Researchers have found that roughly 11,000 entities are responsible for more than half of Bitcoin’s on-chain volume.

Elon Musk Pumps Dogecoin Again
Elon Musk does it again. Not an hour into announcing that he owns zero $SHIB token and tossing it for a spiral down, he is back to championing $DOGE.

OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps
A developer working on DeFi darling OlympusDAO has launched a new protocol that seeks to facilitate stablecoin swaps without price curves.

Crypto Firm Terraform Sues the U.S. SEC for Issuing Subpoena to Its Chief Executive
Singapore-based crypto Terraform Labs has filed a fresh lawsuit against the U.S. Securities and Exchange Commission (SEC). This development is in response to the subpoena issued by the securities regulator to Terraform chief executive for attending an event in New York.

Alleged South African Bitcoin Fraudster Makes First Court Appearance Since Arrest
Sandile Shezi, the South African bitcoin trader accused of defrauding investors, recently made his first court appearance before a Johannesburg magistrate.

Bakkt shares skyrocket after partnering with Mastercard and Fiserv
The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms.

Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla and Spacex Own DOGE
Elon Musk has revealed the real reason he supports the meme cryptocurrency dogecoin. He shared that a lot of people he talks to at his companies, Tesla and Spacex, own dogecoin, noting that “it felt like the people’s crypto.”
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