Ethereum Co-founder Joe Lubin Reiterates Unlike Oil, Ethereum Is Not a Security but a Commodity

Ethereum Co-founder Joe Lubin Reiterates Unlike Oil, Ethereum Is Not a Security but a Commodity

According to the most recent White House report to Congress, the government of former Vice President Joe Biden mentioned that most crypto assets are either uncontrolled securities, a commodity, a derivative, or other investment derivatives, depending on the basics underpinning them. As a consequence, all digital assets, except for Bitcoin, which is generally considered digital … Read more

Bitcoin, Ethereum Pump by 13% on the Regulator’s Support to the Troubled Silicon Valley Bank

Bitcoin, Ethereum Pump by 13% on the Regulator's Support to the Troubled Silicon Valley Bank

As a result of the Federal Reserve and the Federal Deposit Insurance Corporation assuring depositors that they could withdraw their money from Silicon Valley Bank, investors in cryptocurrencies have gained some confidence. The overall cryptocurrency market staged a resounding return early on Monday, March 13, and surged back above the $1 trillion milestone.   The … Read more

What Could be the Next Target of Ethereum?

What could be the next target of Ethereum?

The price of Ethereum has surpassed $2,000 as the network nears the merge event. According to data provided by CoinMarketCap, the cryptocurrency known as Ethereum (ETH) kept its upward momentum and, late on Friday night, recaptured the level of $2,000 for the first time since May. At the time of this writing, the value of … Read more

Bitcoin Price Analysis: Bitcoin Must Not Drop Below $22,000

Bitcoin Price Analysis: Bitcoin Must Not Drop Below $22,000

As of July 24, Bitcoin (BTC) was holding steady at $22,000, and bulls were still hoping for a strong weekly close in the green. Price Concentration Levels at Weekend According to data from TradingView, BTC/USD stopped falling over the weekend at $21,900 and started to move back toward $23,000. The pair maintained a trading range … Read more