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Sen. Lummis: My legislation would empower the SEC to protect consumers

Lummis-Gillibrand would allow the SEC to figure out which cryptocurrencies fall under its regulatory purview, leaving the rest to the CFTC.

Animoca confirms $110M round led by Temasek, plans new acquisitions

Singapore government-backed investor Temasek is known for crypto-related investments but is yet to do its first direct investment in crypto.

What the Ethereum Merge means for the blockchain’s layer-2 solutions

Experts share their views on how the Merge would impact Ethereum’s scalability solutions in the form of layer-2 chains.

Will Ethereum keep rallying versus Bitcoin? ETH price technicals hint at 60% gains ahead

Ether could enter the pattern's breakout stage in the days leading up to the highly-anticipated Merge.

Will Ethereum keep rallying versus Bitcoin? ETH price technicals hint at 60% gains ahead

Ethereum's native token Ether (ETH) shows the potential to log major gains versus Bitcoin (BTC) with the ETH/BTC pair nearing yearly highs. 

Ether paints classic bullish reversal pattern

The bullish cues come from a classic technical pattern called the inverse head and shoulders, which develops when the price forms three troughs below a common support level known as neckline. The middle trough, or head, is deeper than the other two, called the shoulders. 

An inverse head and shoulders setup resolves after the price breaks above the neckline while accompanying an increase in trading volume. As a rule of technical analysis, its profit target comes at a length equal to the maximum distance between the head's lowest point and the neckline. 

So far, Ether has painted a similar pattern, and it now awaits breakout above the neckline, as illustrated in the chart below.

ETH/BTC weekly price chart featuring "inverse head and shoulders" breakout setup. Source: TradingView

If ETH's price climbs decisively above the neckline, then the Ethereum token's upside target in 2022 will be around 0.136 BTC, up approximately 60% from current price levels.

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What is Blocklords? And how to earn money playing it

Blocklords is set to transform Web3 gaming with its player-driven economy. Find out how to play Blocklords and earn while playing here.

Community calls out bots spamming crypto Twitter threads

Members of the crypto community brought up the issue of Twitter bots and urged the social platform to do something.

Algorand upgrade boosts speed, adds trustless cross-chain communication

Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade.

Which countries are the worst for crypto taxation? New study lists top five

Crypto analytics firm Coincub has released crypto tax rankings, pointing out the worst and the best countries regarding crypto taxation.

Which countries are the worst for crypto taxation? New study lists top five

Crypto analytics firm Coincub has released crypto tax rankings, pointing out the worst and the best countries regarding crypto taxation.

Bitcoin whales send BTC to futures exchanges in 'classic' bottom signal

Avoiding fallout from positions "putting in a local bottom" has been standard practice for prior BTC price bottoms, one analyst shows.

Bitcoin whales send BTC to futures exchanges in 'classic' bottom signal

Avoiding fallout from positions "putting in a local bottom" has been standard practice for prior BTC price bottoms, one analyst shows.

Bitcoin whales send BTC to futures exchanges in ‘classic’ bottom signal

Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior.

According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month.

Analyst: Whales protectin positions “forming a local bottom”

As BTC/USD hit its lowest levels since the end of June, whales were responding kind.

In one of its Quicktake market updates posted on Sept. 7, CryptoQuant analyst Maartunn flagged a marked uptick in the monthly average number of transactions made between spot exchanges and derivatives platforms.

Whales, Maartunn argued, are hedging their losses and transferring funds to use in futures bets.

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Aave devs look set to receive $16.3M via retroactive funding

A proposal to reward members of the Aave Companies with $16.28 million in retroactive funding for the development of V3 of the Aave Protocol looks set to pass.

Aave devs look set to receive $16.3M via retroactive funding

A proposal to reward members of the Aave Companies with $16.28 million in retroactive funding for the development of V3 of the Aave Protocol looks set to pass.

Ether price could 'decouple' from other crypto post Merge — Chainalysis

Chainalysis suggests ETH could decouple from other cryptocurrencies post Merge as its staking rewards could make it similar to bonds or commodities.

Ether price could 'decouple' from other crypto post Merge — Chainalysis

Chainalysis suggests ETH could decouple from other cryptocurrencies post Merge as its staking rewards could make it similar to bonds or commodities.

Bitcoin is a 'wild card' set to outperform, says Bloomberg analyst

The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets.

Bitcoin is a 'wild card' set to outperform, says Bloomberg analyst

The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets.

Avalanche flash loan exploit sees $371K in USDC stolen

The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block.

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