Ethereum market is filled with Fomo

USD 4,800 paint as strong resistance for ETH. “Ethereum will enter vertical acceleration,” say various bulls. The price of Ether (ETH), the cryptocurrency of the Ethereum Network, returned this week to levels of 2021, approaching 4,900 dollars (USD), its historical maximum. This movement has unleashed multiple bullish projections that reflect a feeling of Fomo (fear…

Bitcoin purchases shoot at maximum historical

Bitcoin’s demand (BTC) by investors who do not sell their holdings in this digital currency has triggered at levels never seen, according to data from the on-chain Cryptoquant explorer. This is shown by the market metric called Demand from Accumulator Addresses Or, said in Spanish, demand for accumulatory addresses, which this week exceeded 260,000. Such…

Thus he sees the impact of staking in Argentina

The United States Stock Exchange and Securities Commission (SEC) laid a precedent last week that could impact the global cryptocurrency market, even in Latin American countries such as Argentina. The agency determined that Liquid Staking Tokens (LST) that fulfill administrative functions and transfer direct rewards are not considered values. Through the liquid staking, users can…

The last word is the Court of Appeals

The long and publicized case of the United States stock and values commission against Ripple Labs seems to approach its end. However, a new document presented by the SEC on August 15 before the Court of Appeals of the Second Circuit of the United States serves as a crucial reminder: despite the agreement of the…