Bulls Struggle to Hold Support

Este artículo también está disponible en español. Ethereum price failed to clear the $3,400 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,400. Ethereum started a fresh decline from the $3,400 zone. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to start a fresh increase above the $3,300 resistance level. Ethereum…

Bitcoin Price Under Pressure: BTC Struggles to Stay Afloat

Bitcoin price extended losses and traded below the $93,500 zone. BTC is correcting gains and might struggle to recover above the $95,000 level. Bitcoin started a fresh decline from the $95,500 resistance zone. The price is trading below $95,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $93,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $91,200 support zone. Bitcoin Price Turns Red Below $95K…

Phantom faces backlash for allegedly misleading investors over Ace of AI partnership

Key Takeaways Phantom faced criticism after Ace of AI announced a supposed partnership, causing investment in ACE. Clarification by Phantom that it was not an official partnership led to ACE token’s value drop. Share this article Phantom, a prominent multi-chain crypto wallet provider, faced criticism after their social interaction with Ace of AI, which many interpreted as a formal partnership between the two projects, led to confusion and investor losses. On Jan. 9, Ace of AI announced on X that they were “excited to partner with Phantom” as part of…