The native token of a privacy-focused zero-knowledge layer-1 blockchain is on the rise after being listed on the top US crypto exchange by trading volume. Less than 24 hours ago, Coinbase listed Aleo (ALEO) under the experimental label. “Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” The experimental The post Layer-1 Zero-Knowledge Platform Leaps After Sudden Surprise Coinbase Listing appeared first on The Daily Hodl .
Ton active addresses hit a daily average of 3 million, outpacing other major layer 1 blockchains.
As the world of cryptocurrency continues to evolve, several new methods are being developed by cybercriminals to scam crypto users. One of the latest methods reported to be widely used by these imposters to steal users’ funds is the Clipper Malware. Beware Of Rising Clipper Malware Scam In a cautionary post on the X (formerly
Terraform Labs gets court approval to wind down its operations in the latest bankruptcy hearing, gaining investors’ attention. A US Bankruptcy judge has approved the firm’s plan, which came after its settlement with the US SEC. Notably, the news appears to have boosted the market sentiment, as evidenced by the rally the LUNA and LUNC The post Terraform Labs Gets Court Approval To Wind Down Operations, LUNC & LUNA Rally appeared first on CoinGape .
So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable? Before the US Federal Reserve announcement of the rate cuts, Bitcoin experienced a slight dip in its trading price. However, following the announcement, the leading crypto saw a sudden price surge, reclaiming the $60,000 mark. Bitcoin continues to show bullish strength, trading at $63,006, reflecting a 5.6% increase over the past 24 hours. Related Reading: CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms Is This Bitcoin Rally For Real? The sudden bullish performance from Bitcoin recorded over the past day has had several traders and analysts sharing their respective outlooks on the asset, with many focusing on the next potential trajectory of Bitcoin’s price. Despite the ongoing upward momentum, some experts urge caution, highlighting underlying market signals that could impact the sustainability of this bullish trend. One such expert, crypto trader Josh Olszewicz, shared his insights on this matter, suggesting that while the current picture appears optimistic, there are still some concerns to consider before expecting a continued uptrend. According to Olszewicz, Bitcoin’s recent move led it above the daily Ichimoku Cloud—a technical analysis indicator used to gauge market trends—signaling a potential bullish scenario. However, he emphasized that this indicator alone does not guarantee a sustained upward trend. Specifically, Olszewicz pointed out that the Cloud and the Tenkan-Sen and Kijun-Sen (TK) cross are still in a bearish formation. $BTC We are once again back above the daily Cloud, although we still have a bearish Cloud and bearish TK cross. Additionally, the previous three Kumo breakouts this year have gone no where. So although this is a certainly more bullish picture than a few days ago, Cloud does… pic.twitter.com/bmlqKM9g6c — #333kByJuly2025 (@CarpeNoctom) September 19, 2024 What Will Result In A Sustainable Rally? For a more definitive bullish signal, the Cloud needs to flip into a bullish mode, along with a bullish TK cross, Olszewicz disclosed. This setup would provide a stronger confirmation for a bullish continuation. Olszewicz also noted that previous Kumo breakouts this year have failed to lead to significant price gains, adding uncertainty to the current breakout. He suggested that analyzing Bitcoin on a longer timeframe, such as the two-day Ichimoku Cloud, might offer a clearer perspective. Related Reading: Crypto Analyst Reveals Key Insights into Bitcoin’s Bull-Bear Transition Phase A bullish breakout on this timeframe and an eventual bullish TK cross could provide a more reliable indication of a sustained bullish trend for Bitcoin. Featured image created with DALL-E, Chart from TradingView
**Consensys’ Lawsuit Against SEC Over Ethereum Dismissed** In a significant legal development, Consensys’ lawsuit against the U.S. Securities and Exchange Commission (SEC) concerning Ethereum has been dismissed. This case raised
After collapsing in 2022, facing an SEC lawsuit in 2023, and filing for bankruptcy in 2024, many of Terraform’s legal cases in the US are beginning to wind down.
A judge dismissed the lawsuit that Consensys filed against the SEC over Ethereum, due to a lack of "final" relevant actions by the regulator.
Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.
Turkey's new rules aim to increase security in cryptocurrency trading. SPK outlines strict regulations for exchanges to protect customers. Continue Reading: Turkey Sets New Standards to Safeguard Cryptocurrency Transactions The post Turkey Sets New Standards to Safeguard Cryptocurrency Transactions appeared first on COINTURK NEWS .