Category: Cryptocurrency News

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Argentina’s Libra scandal continues to unfold, and Bitcoin’s two-month crab walk has raised “price suppression” concerns among industry leaders, such as Samson Mow.

𝐀𝐝𝐝𝐫𝐞𝐬𝐬 𝐏𝐨𝐢𝐬𝐨𝐧𝐢𝐧𝐠 𝐏𝐡𝐢𝐬𝐡𝐢𝐧𝐠 𝐇𝐚𝐜𝐤𝐬: what they are and how to spot them What is "Address Poisoning" exactly? It's a type of attack where a hacker gets you to copy a wallet address that looks VERY similar to one that you control, but is actually their own. The hacker's goal is for you to send them…
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This time, the season will be likely driven by stablecoin holders, rather than a rotation out of Bitcoin, he said.

Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?

Bybit has launched an industry-first initiative by making all liquidation data fully accessible in real-time via its enhanced API. This move aims to improve market transparency, empower traders, and boost institutional confidence in the crypto space. New API Update by Bybit Delivers Unprecedented Transparency for Crypto Traders Bybit, one of the world’s largest crypto exchanges […]

Bybit got hit with one of the most preventable hacks in recent crypto history. This wasn’t some cutting-edge exploit—it was just bad internal security practices. Here’s what went wrong and how they could have stopped it. What Bybit Did Wrong Signers blindly approved a malicious transaction: The attackers didn’t steal private keys; they tricked Bybit’s…
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Ethereum has yet to return to its all-time high for over three years, a stark contrast to Bitcoin, which has surged past many price levels in the current cycle. Despite being the second-largest cryptocurrency, Ethereum has struggled to keep up with the broader market even during price rallies. However, a new technical outlook suggests that Ethereum may soon break free from this underwhelming trend and push toward $4,867 based on a strong meeting of multiple technical indicators. Extremely Strong Support Shows Ethereum Breakout Is Close As revealed by a technical analyst on the TradingView platform, technical analysis of the Ethereum price poses a bullish outlook to finally break above its all-time high of $4,878. Ethereum is currently positioned at a key inflection point, where it is trading just above a multi-year support trendline. Notably, this trendline has acted as a solid foundation during previous downturns, allowing ETH to consistently rebound after touching this level. Given this historical precedent, the next expected move is another upward bounce, potentially setting the stage for a renewed bullish push. Related Reading: Ethereum Price Guns For A Mid-High Timeframe Reversal Against Bitcoin In Bullish Q1 2025 The strength of this support trendline is further reinforced by key Fibonacci levels, which have previously served as inflection points for Ethereum’s major rallies. At present, Ethereum is positioned around the 14.6% Fib retracement level from its break above $4,000 in September 2024, which is a zone that has historically caused reversals and strong bullish momentum. In addition to the Fibonacci level, Ethereum’s price structure is also currently supported by the monthly 55 Exponential Moving Average (EMA), which is typically known for marking long-term bullish trends. This adds weight to a bounce on the multi-year support trendline. Triangle Formation Confirms The Explosive Move The analyst also noted that ETH has been trading within a triangle pattern in a multi-month timeframe. Triangle patterns often signal a period of consolidation before a strong move in either direction and in Ethereum’s case, the supporting trendlines and Fibonacci levels suggest a higher probability of an upward breakout.  Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 The specific pattern forming on Ethereum’s chart is an ascending triangle, a bullish continuation pattern characterized by a rising lower trendline and a horizontal resistance zone. The upper resistance trendline for this formation sits around the $4,000 mark, a level that has proven difficult to breach three different times this cycle. However, the next try could cause a breakout if Ethereum continues to build on the growing bullish signals with the Fib level and the 50 EMA. Once Ethereum clears the ascending triangle’s upper resistance, the next primary price target would be around $4,867, its current all-time high. At the time of writing, Ethereum is trading at $2,760, up by 1.1% in the past 24 hours. Featured image from Ethereum, chart from Tradingview.com

This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. 27th February is approaching fast, and something big is happening: large wallet holders are liquidating other positions to get into iDEGEN before it hits exchanges. With just days until the most anticipated AI token […]