By ItalianCannon Ethereum plunged to $1,300 amid market volatility triggered by external events, breaking its prolonged consolidation phase. The MVRV Z-Score, a key valuation metric, has dipped to 1.21, signaling weakening momentum and potential downside risk. Historical data shows MVRV levels above 3.00 indicate overbought conditions, while values below 1.03 may lead to further declines. […]
Tag: ETH
By Marco Piccolo A crypto wallet branded with Donald Trump’s name has ignited a controversy after its surprise launch triggered a backlash from the Trump family and led to a cease-and-desist order. Competing visions: Memecoin creators vs. Trump family Earlier this week, the team behind the TRUMP meme coin project, operated by Fight Fight Fight […]
By Marco Piccolo Metaplanet Inc., a Japanese investment firm turned Bitcoin treasury company, has launched a $5.4 billion equity raise to dramatically expand its Bitcoin reserves, an effort that could make it one of the largest corporate holders of the cryptocurrency globally. Trade Crypto on Kraken The “555 Million Plan”: A historic capital raise for […]