Ethereum developer detained: After being detained by Turkish authorities over alleged misuse of the Ethereum network, Ethereum core developer Federico Carrone, who goes by Fede’s Intern on X, has been released and is now in Europe. Summary Ethereum core developer Fede’s Intern has been released after a 24-hour detention in Turkey. Carrone believes the case…
Disgruntled customers of the now-defunct crypto exchange FTX have proposed amending their lawsuit against Fenwick & West, the exchange’s former legal adviser, citing new evidence that the firm played a key role in the exchange’s collapse. Summary FTX customers amended their lawsuit against Fenwick & West, citing new evidence from the exchange’s trial and bankruptcy…
PENGU has secured first place in Kraken’s Meme Coin Showdown, earning a spot for Pudgy Penguins mascot on the Williams Racing FW47 at the Singapore Grand Prix, while technicals point to a potential bullish breakout. Summary PENGU topped Kraken’s trading contest with over $21.4M in volume, beating DOG and BONK. Winning token’s mascot to debut…
SOL price has risen more than 35% from its June low and formed a rare pattern that signals potential gains in the coming weeks. Summary SOL has risen more than 35% from its June low, forming both a golden cross and a cup-and-handle pattern on the daily chart. Public companies, including Bit Mining, Upexi, and…
XRP’s price remains in a correction after plunging 13% from its highest point this year, but strong fundamentals and a bullish chart pattern point to a potential breakout toward $5. Summary XRP price has plunged into a correction after falling by 13% from the YTD high. Ripple has formed the highly bullish cup-and-handle pattern. XRP…
Japan’s ‘MicroStrategy’ Metaplanet is doubling down on its Bitcoin bet with another major purchase. Summary Metaplanet has purchased 581 BTC for $61 million at an average price of $118,519 per coin. The company is aiming to reach 30,000 BTC on its balance sheet by the end of 2025. Metaplanet’s stock has fallen 37% over the…
CYBER crypto saw an explosive rally today, surging almost 200% to $5.33, fueled by its listing on Upbit. What’s this token? Here’s what you need to know. Summary CYBER crypto soared almost 200%, from $1.85 to $5.33 intraday peak, fueled by its listing on Upbit. Enlightify Inc. announced plans on July 17 to acquire up…
U.S.-listed exchange-traded funds tracking Ethereum have marked yet another major milestone, extending a month-long run of gains. Summary Spot Ethereum ETFs saw $1.02 billion in net inflows in their latest trading session, the highest since launch. ETH is trading at $4,278, around 8% below its all-time high. Large-scale acquisitions and positive on-chain signals are strengthening…
Ethereum price rallied over 19% in the past week. With the price now only 12% below its all-time high, traders are watching for potential signs to gauge direction as the market heads into a pivotal week. Summary Ethereum has gained over 19% in the past week, and is trading just 12% below its all-time high….
Ethena continues to post strong bullish price action with consecutive higher highs and higher lows. A corrective move toward $0.67 could set the stage for the next leg higher toward $0.96. Summary $0.67 is the key support level in confluence with the 0.618 Fibonacci. $0.96 is the next major upside target and yearly high resistance….
