Ethereum has formed a new Tom DeMark (TD) Sequential buy signal on the one-hour chart, suggesting that the recent selling pressure may abate. Right present, the critical support level is $1,750. Buyers may push ETH toward the $1,800 barrier level if it stays above this level. Moreover, a move above
Ripple received CASP approval from the Luxembourg-based Commission to be compliant with the EU’s MiCA regulations. This approval enables the firm to offer regulated crypto asset services. Also, across the entire European Economic Area through a single license granted by Luxembourg. Before receiving this CASP approval, the company was already
The lawmakers continue their efforts in refining the CLARITY Act. It was expected that there would be updates regarding enforcement of the law on July 4. But the Senate did not offer any information on the law, leaving the media and citizens in despair. And, as a part of the
U.S. spot Bitcoin ETFs have posted $526.64 million in net outflows between June 29 and July 2, extending the withdrawal streak to eight consecutive weeks. Persistent outflows suggest that institutional investors continue to reduce exposure amid the ongoing market uncertainty. ETF flows are worth watching as they reflect broader institutional
July 6 opened with mixed sentiment in the market, and both red and green charts were found across the assets. Among them, Cardano (ADA) is struggling to regain its lost momentum. It has lost a modest 1.94% in value, currently trading at around $0.1863. It can be considered under pressure
One of the world’s leading cryptocurrency exchanges, Binance, is facing functional and operational disruption across Europe. The country’s Markets in Crypto-Assets, namely MiCA, had already announced a July 1 deadline for crypto companies. This was to obtain authorization licence for smooth operations. This left the unlicensed firms in terror, as
The market is attempting to make a recovery by handling a broader fear sentiment. A bunch of crypto tokens have flipped green, chasing the recent high ranges. Meanwhile, within the altcoin sector, Notcoin (NOT) has posted 8.61% surge in price, currently trading at $0.0004270. Moreover, the asset’s lowest and highest
Revolut is set to phase out USDT support for eligible European clients in line with the European Union’s MiCA regulations. Revolut has informed affected users via email that it will gradually stop supporting USDT in the coming months. Users can keep purchasing USDT until July 6, after which Revolut will
As of July 4th, the PEPE market is flashing green across the chart. This frog-themed meme coin momentum has triggered the bulls to take control, with a steady and solid 10.49% rise in value. This can be inferred as a break from the prolonged bearish wave within the market. In
The Major County Sheriffs of America has changed its stance on the Blockchain Regulatory Certainty Act amid ongoing legislative deliberations. According to Eleanor Terrett’s post on X, the discussions are still ongoing with regard to Section 604 of the larger Clarity Act. This is a deviation from the initial stance
