The SEC launches a groundbreaking crypto task force, aiming to replace 
reactive enforcement with clear, innovation-friendly regulations. Led by 
&#8220;Crypto Mom,&#8221; Hester Peirce, this initiative promises seismic shifts in the 
digital asset landscape. Clearer Crypto Guidelines Ahead as SEC Forms New Task 
Force: &#8216;The SEC Can Do Better&#8217; The U.S. Securities and Exchange Commission 
(SEC) […]

SEC Forms Task Force to Establish Clearer Crypto Regulations

Ross Ulbricht Is Free: A Victory for Bitcoin and Freedom

Ethereum price is struggling below the $3,500 resistance while Bitcoin gains. 
ETH is consolidating above $3,150 and might aim for an upside break. Ethereum 
failed to gain pace for a close above $3,400 and $3,450. The price is trading 
above $3,300 and the 100-hourly Simple Moving Average. There is a key 
contracting triangle forming with resistance at $3,355 on the hourly chart of 
ETH/USD (data feed via Kraken). The pair could start another increase if it 
clears the $3,400 resistance level. Ethereum Price Aims Key Upside Break 
Ethereum price started a decent upward move from the $3,200 level but upsides 
were limited compared to Bitcoin. ETH cleared the $3,250 resistance to move 
into a short-term bullish zone. The bulls were able to push the price above 
the $3,300 resistance zone. Besides, there was a clear move above the 50% Fib 
retracement level of the downward move from the $3,445 swing high to the 
$3,203 low. However, the bears are still active below $3,400. Ethereum price 
is now trading above $3,300 and the 100-hourly Simple Moving Average. On the 
upside, the price seems to be facing hurdles near the $3,350 level or the 
61.8% Fib retracement level of the downward move from the $3,445 swing high to 
the $3,203 low. There is also a key contracting triangle forming with 
resistance at $3,355 on the hourly chart of ETH/USD. The first major 
resistance is near the $3,400 level. The main resistance is now forming near 
$3,445. A clear move above the $3,445 resistance might send the price toward 
the $3,550 resistance. An upside break above the $3,550 resistance might call 
for more gains in the coming sessions. In the stated case, Ether could rise 
toward the $3,650 resistance zone or even $3,720 in the near term. Another 
Decline In ETH? If Ethereum fails to clear the $3,400 resistance, it could 
start another decline. Initial support on the downside is near the $3,300 
level. The first major support sits near the $3,250. A clear move below the 
$3,250 support might push the price toward the $3,200 support. Any more losses 
might send the price toward the $3,120 support level in the near term. The 
next key support sits at $3,050. Technical Indicators Hourly MACD – The MACD 
for ETH/USD is losing momentum in the bullish zone. Hourly RSI &#8211; The RSI for 
ETH/USD is now above the 50 zone. Major Support Level – $3,200 Major 
Resistance Level – $3,400

Ethereum Price Poised for Lift-Off: Will an Upside Break Spark a Surge?

The Stargate project will be led by OpenAI, SoftBank and Oracle, while 
Microsoft and Nvidia will be key initial technology partners.

Trump announces $500B AI infrastructure venture ‘Stargate’

Franklin Templeton CEO Jenny Johnson predicts that blockchain will ultimately 
be used to build ETFs and mutual funds because of the technology’s efficiency.

Cryptocurrency price in BDT