Ethereum is gearing to break out through a key resistance level in the next week. The largest altcoin by market cap was trading at $1,750 after seeing a 1.15% drop in the past day.
The world’s largest cryptocurrency Bitcoin (BTC) continues showing strength and has given a move above the $22,200 level gaining 3% in the last 24 hours. As per the technical charts, BTC is trading at a crucial junction of its 200-day moving average (MA).
On Monday, September 12, the United States Attorney for the Southern District of New York, announced that 26-year-old NIKHIL WAHI has pleaded guilty to committing wire fraud as well as insider trading of cryptocurrencies by using confidential information of Coinbase’s listings.
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps.
Yves Guillemot, the CEO of French gaming giant Ubisoft appears to have cooled the rhetoric behind the company’s NFT gaming project Quartz, noting in a recent interview that it was merely in “research mode” concerning Web3 tech integrations.
Despite a rocky few weeks since its announcement, the team behind EthereumPoW (ETHW), a proof-of-work splinter from the Ethereum Blockchain, has finally announced plans to launch its hardfork soon after the Ethereum Merge on September 15.