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Ethereum (ETH) Price Could Smash Through $3,300 Due to These Reasons

In Brief About $80 million ETH has left exchanges within the last 24 hours, suggesting waning selling pressure. The number of Ethereum addresses holding at least $1 Million has increased, reinforcing the bias. ETH has broken out of a symmetrical triangle, suggesting that the cryptocurrency might rise by 23%. For the first time since September…
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Proof-of-Work vs Proof-of-Stake: Which Is Better?

Blockchains rely on consensus mechanisms to verify transactions, but why does it matter if a network is proof-of-work (PoW) or proof-of-stake (PoS)? In this guide, we’ll break down PoW vs. PoS in simple terms, explaining how each method ensures blockchain security while addressing the pros and cons and features of each. Here’s what to know in 2024. In this guide: What is…
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SUI Bears Push Price Below Support, 10% Drop Expected

In Brief Sui price is on the brink of falling below the key support at $2.03, possibly altering the ascending channel. The Bull Bear Power shows that bears are aggressively selling the altcoin, signifying a potential decline. The MACD on the daily chart shows bearish momentum, suggesting that SUI’s price could correct to $1.83. If…
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Ethereum (ETH) Sent to Exchanges Exceed $1 Billion After Price Surpasses $2,600

In Brief Ethereum holders transferred about 390,423 ETH to exchanges, valued at over $1 billion. Crypto whales also appears to be selling, according to on-chain data from IntoTheBlock. ETH’s price could drop to $2,440 as bears restrict a further uptrend for the cryptocurrency. The value of Ethereum (ETH) sent into exchanges has surpassed $1 billion…
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Ripple (XRP) Price Could Surge 22% Despite Current Bearish Trends

In Brief XRP price remains stable with neutral RSI and modest buying activity, signaling an uncertain trend direction. Chaikin Money Flow turned positive at 0.08, reflecting slight accumulation but weak buying pressure overall. A potential bullish EMA crossover could break resistance if buying momentum strengthens in the coming days. Ripple (XRP) price has been relatively…
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Game Developer Files Lawsuit Against Jump Trading Over Crypto Manipulation Claims

In Brief FractureLabs sues Jump Trading, alleging manipulation of DIO token price during a 2021 market-making deal. Jump allegedly profited from a DIO price surge and crash, liquidating holdings for millions. The CFTC is investigating Jump’s cryptocurrency trading and investment practices. FractureLabs, a game developer, has filed a lawsuit against Jump Trading, accusing the firm…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap fell by $47 billion, dropping below $2.11 trillion and testing support at $2.08 trillion. Bitcoin’s price dropped to $60,947, but it holds above the critical $60,000 support level, with eyes on breaking $61,868. Aptos (APT) declined by 9%, trading at $8.42, with key support at $8.23. A recovery…
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Supreme Court Allows the US to Sell 69,370 Seized Silk Road Bitcoin

In Brief The US Supreme Court has allowed the sale of 69,370 Bitcoin seized from Silk Road, worth around $4.4 billion. The appeal by Battle Born Investments, claiming ownership of the BTC, was rejected, solidifying government control. The US Marshal Service will oversee the sale, which could impact Bitcoin markets amid political speculation.    …
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OMNIA Protocol Partners with Global Giants to Transform Decentralized Finance

Editorial Note: The following content does not reflect the views or opinions of Godleak. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. OMNIA Protocol – an RPC provider specializing in decentralized physical infrastructures (dePIN), currently exceeding 6 million monthly…
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Notcoin (NOT) Price Dips by Double Digit Despite Rising Demand

In Brief Notcoin (NOT) has seen a price drop despite the 13% surge in active addresses over the past week. NOT whales reduce holdings by 90%, triggering more selling pressure and potential further price decline. RSI suggests NOT is near oversold territory, but liquidity outflow threatens further price drops. Notcoin has witnessed a noticeable surge…
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