Author: Isabella Taylor
Ethereum has responded to a critical daily support level with a strong bounce, offering a glimmer of hope for bulls. However, price action remains within a larger range, and the path to recovery depends on structural confirmation and volume support. Ethereum recently found support at the key daily level of $1,550 after undergoing a steep and aggressive sell-off. This level has historically acted as a strong area of interest, and price reacted accordingly, printing a sharp 10% bounce to the upside. While this move looks promising in isolation, it’s important to note that it occurred within a broader bearish market…
The Securities and Exchange Commission accused PGI Global’s CEO of orchestrating an international scheme that raised $198 million under false crypto exchange claims. The Securities and Exchange Commission has charged Ramil Palafox, CEO of PGI Global, with orchestrating a $198 million international fraud scheme tied to crypto and forex trading, alleging he misused over $57 million of investor funds for luxury cars, designer goods, and personal expenses. According to the SEC, PGI Global claimed to be a crypto asset and foreign exchange trading company. From January 2020 through October 2021, Palafox sold “membership” packages that he said would bring investors…
Grayscale is accelerating its ETF expansion as the company seeks new avenues for growth amid increasing competition in the crypto ETF market. Grayscale, a leading asset management firm specializing in crypto investment products, is planning an expansion of its ETF lineup. According to Fortune’s interview with CEO Peter Mintzberg, the company has already increased its monthly launches or regulatory filings from one product in 2024 to five per month in 2025. The ramp-up comes as the firm struggles to maintain its edge after losing the fee advantage that once set its core product GBTC apart. The U.S. Securities and Exchange…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WhiteBIT has announced the first global live-streamed crypto trading tournament, ICTC 2025, bringing top traders together for a high-stakes, educational showdown. Crypto exchange WhiteBIT has officially announced the initial lineup of participants for the International Crypto Trading Cup 2025 (ICTC), the world’s first live-streamed global crypto trading tournament. Taking place from May 9 to 10, 2025, ICTC will showcase real-time trading, highlighting a wide range of strategies and decision-making styles. Participants will not only battle for the trophy but…
In the dynamic blockchain environment, having a clear understanding of on-chain cryptocurrency transactions is essential. These transactions are integral to the functionality and security of blockchain technology. On-chain transactions refer to cryptocurrency transactions recorded directly on the blockchain ledger. What makes these transactions unique is their permanence in the immutable ledger. Once these transactions are validated and confirmed, they become a part of the main blockchain network. Let’s explore on-chain cryptocurrency transactions in greater detail. Build your identity as a certified blockchain expert with 101 Blockchains’ Blockchain Certifications designed to provide enhanced career prospects. Mechanism of On-Chain Cryptocurrency Transactions On-chain cryptocurrency transactions…
Prediction market Polymarket has lowered the odds of Jerome Powell being removed as Federal Reserve Chair as Trump signals support. According to Polymarket, the odds of Jerome Powell being removed as Federal Reserve Chair by 2025 are now 14%, down 9 percentage points in the last 24 hours. The shift follows a public statement from U.S. President Donald Trump, who confirmed he has “no intention” of firing Powell, despite prior tensions over interest rate policy, as reported by Reuters. Trump added that he would prefer Powell to be “a little more active” in cutting rates but has no plans to…
The need for global payments is increasing daily. A key innovation that has simplified global payments is stablecoins. The emergence of various stablecoins is redefining the global payment system. With the help of stablecoins, individuals, businesses, and other entities can make seamless global payments. The traditional financial system has several gaps that create challenges for businesses in cross-border payments. Some common challenges include settlement delays, high fees, and other inefficiencies. However, the rise of stablecoins has significantly improved global payments. Let’s explore how stablecoins are revolutionizing global payments. An Insight into Stablecoins Stablecoins are a type of cryptocurrency whose value…
Crypto market maker DWF Labs is partnering with Mask Network in a $5 million token deal to push decentralized social media into the mainstream. Cryptocurrency market maker and investor DWF Labs has invested $5 million in Mask Network, a decentralized social platform bridging web2 and web3, as part of its push to support user-owned internet technologies. In a Wednesday blog announcement, DWF Labs’ managing partner Andrei Grachev explained that the decision to back Mask Network comes as the project “has consistently demonstrated both vision and execution in this space.” Following the announcement, the price of MASK (MASK) rose 14% to…
Pi Network has been in the news recently. In fact, it currently ranks among the most downloaded crypto applications in the world. It is not surprising that millions of people worldwide have been mining it on their mobile phones. Many believe the emergence of the Pi Network is revolutionary, as it promises to enable cryptocurrency mining without relying on costly hardware Pi Network in crypto has undoubtedly captured everyone’s attention. Everyone in the crypto space has been captivated by Pi Network, as it has the potential to revolutionize cryptocurrency adoption by making it accessible to everyone. Let’s dive into Pi…
Immutable X token rallied as high as 56% today, driven by buzz around a potential mega partnership and Bitcoin’s strong upward momentum. According to data from crypto.news Immutable X (IMX), a Layer-2 network focused on gaming and NFTs, surged to an intraday high of $0.687 on April 23, nearly 100% higher than its lowest level this month. Its market cap has climbed to around $1.16 billion, and trading volume has exploded by more than 760% to $432 million, signaling a wave of new buying activity. The price rally was supported by a sharp rise in trading activity in IMX’s derivatives…