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Ethereum Price Stuck In Downtrend Despite Strong Spot Demand

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum price resumed its downtrend on Friday, May 22, after consolidating throughout the week. As a result of this distribution round, the second-largest cryptocurrency dropped by approximately 6.2%, forming a...

FTX Lawyers Pay $54M In Settlement Over Services Rendered To Exchange – Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a noteworthy development, US law firm Fenwick & West has agreed to pay $54 million to settle claims arising from its legal services for the defunct crypto exchange FTX. The...

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Bitcoin Spot ETFs Bleed $1.26 Billion In Largest Net Outflows In 3 Months – Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The 13 US Bitcoin Spot ETFs closed out last week with $1.26 billion in net withdrawals, amid significant price losses in the broader crypto market. Notably, data from SoSoValue shows this...

Ethereum’s Consolidation Could Be Setting The Stage For Expansion

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s recent period of consolidation may be doing more than simply slowing price action. After a strong rally, ETH has entered a range-bound structure where buyers and sellers continue to battle...
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