Regulatory Scrutiny Threatens Ethereum’s Rise, Will It Succumb Under Pressure?

Regulatory Scrutiny Threatens Ethereum’s Rise, Will It Succumb Under Pressure?

Ethereum has been seeing increased regulatory scrutiny in recent months. This comes following the network’s move to a proof of stake mechanism and the introduction of staking to the others. As sanctions have been levied against protocols such as Tornado Cash, it is becoming increasingly possible that regulatory bodies may turn their focus to Ethereum. Now, it seems the parameters for determining whose purview ETH falls under are being hashed out. Ethereum Might Be A Security Previously, the Securities and Exchanges Commission boss Gary Gensler had said that the top two cryptocurrencies,....


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XRP Chills About Support And Aims Higher, Will It Breach $0.5?

The crypto market is bouncing from daily support levels with XRP outperforming larger cryptocurrencies, such as Bitcoin and Ethereum. This token has been trending to the upside and moving against the tide even when conditions were unfavorable on small timeframes. Related Reading: Regulatory Scrutiny Threatens Ethereum’s Rise, Will It Succumb Under Pressure? At the time of writing, XRP’s price trades at $0.49 with a 3% profit and 9% profit in the last 24 hours and 7 days, respectively. With the exception of Bitcoin, larger cryptocurrencies are recording sideways movement or negative....

Ripple CEO Threatens to Relocate Company Overseas Due to Unfavorable US Regul...

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Binance Faces Ongoing Executive Exodus Amidst Regulatory Scrutiny

Binance, one of the world’s largest cryptocurrency exchanges, continues to experience a wave of executive departures as it grapples with regulatory challenges and legal scrutiny in the United States and Europe.  According to a Reuters report, the recent resignation of Mayur Kamat, Binance’s global head of product, adds to the growing list of critical figures […]

Ethereum’s Near-Term Fate May Rely on This One Surprising News Event

Ethereum’s mid-term outlook has been foggy over the past few days and weeks, with buyers and sellers being unable to gain control of its trend The cryptocurrency is still trading squarely between $340 and $350, with it facing some heightened selling pressure earlier on in the day This selling pressure caused it to dip from highs of $355 to lows of $345 It remains unclear as to what may have caused this to occur One […]