Ethereum price started a downside correction from the $3,150 zone. ETH is holding gains and might start another increase from the $3,000 support. Ethereum started a downside correction after the bears defended $3,150. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a connecting bearish…

Decentralized finance (DeFi) project Cardano (ADA) has seen an uptick in whale activity that has surged at least tenfold. Indeed, the increase in whale activity can potentially influence ADA’s price trajectory. In this context, ChatGPT-4o, OpenAI’s advanced and recent artificial intelligence (AI) chatbot model, has offered insights into how ADA…

A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in “post-Soviet history.” Per Izvestia, Liliya Nurieva, the former head of networks at Finiko, was handed a four and a half year term at a…

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador produced nearly 474 bitcoin using geothermal energy, Bitfarms expanded the capacity of its Paraguayan bitcoin mining facility, and Bitso launched an in-house Web3 wallet. El Salvador…

Bitcoin Price Analysis: The weekend price action for Bitcoin remained relatively stable demonstrated by neutral candle formation in the daily chart. The overhead supply at $67500 has triggered a modest intraday drop of 0.18% pushing the BTC value to $66807. However, a short downtick or consolidation is expected after a…

It took just one flicker of an idea, two minutes of typing, and four SOL. Within an hour, Michael Anderson had created a financial asset worth in excess of $25 million. “I’m sitting here going, ‘What the hell has just happened?’” Anderson, better known by his crypto moniker Mando, told…

BounceBit has officially opened withdrawals for $BBTC and $BBUSD. BounceBit has confirmed that it is committed to enhancing the user’s experience and securing the reliability of its CeDeFi system. The company’s initiative to unlock withdrawals for users is intended to play an important role in promoting active participation in the…

This week has been good for meme coins as they appear among the week’s top gainers. This week’s pump can be attributed to the April CPI report, which showed that core inflation moderated last month while retail sales cooled more than expected. Chainlink Price Review Its price movements show that…

British police reportedly have arrested Jarett Dunn, known online as @STACCoverflow, for allegedly exploiting the Solana meme coin protocol pump.fun. The arrest follows an over 24-hour intelligence operation that tracked Dunn’s movements through social media and other open sources. London Police Arrest Alleged Pump.fun Exploiter Jarett Dunn The pump.fun protocol,…

Bears have seized the initiative on the last day of the week, according to CoinMarketCap. BTC/USD The price of Bitcoin (BTC) has declined by 0.19% since yesterday. Over the last week, the price has risen by 9.57%. On the hourly chart, the rate of BTC is looking bearish as it…