Federal authorities have arrested Christopher Alexander Delgado, the founder 
and CEO of Goliath Ventures, on federal charges tied to an alleged $328 
million Ponzi crypto scam, the U.S. Department of Justice announced. Goliath 
Ventures CEO arrested in $328M crypto scam…

Florida executive charged with wire fraud, money laundering in $328M crypto scam

As the end of the month approaches, Ethereum (ETH) is attempting to end 
February above the crucial $2,000 barrier. Some analysts have suggested that 
the upcoming monthly close could determine the fate of the King of Altcoin’s 
price trajectory. Related Reading: XRP Rally Incoming? Analyst Forecasts 
March-April Recovery If This Level Breaks Ethereum Trajectory Could Be Defined 
This Weekend On Thursday, Ethereum briefly fell from its recent highs and 
retested the $1,980 level before bouncing. Notably, the cryptocurrency surged 
11% on Wednesday morning, reaching a ten-day high of $2,148, then stabilized 
around the crucial $2,000 support. Amid this rebound, market observer Trader 
Tardigrade highlighted that ETH has momentarily reclaimed a critical monthly 
level, which had been lost in the shorter timeframes. The King of Altcoins is 
trading back above its multi-year trendline, suggesting that a potential price 
recovery rally could be coming if the level holds. Per the post, Ethereum “has 
a proven pattern: every time price holds above this ascending support 
trendline, it launches into a parabolic rally.” As the chart shows, the 
cryptocurrency displayed a similar trendline between 2018 and 2020, when the 
altcoin bounced from this support and embarked on a massive one-year rally 
toward its previous all-time high (ATH). Now, ETH shows a similar performance 
in the monthly timeframe, currently retesting the trendline that began forming 
in 2022. “If it holds here, history says we&#8217;re gearing up for another 
explosive climb,” the trader affirmed. Similarly, analyst Rekt Capital noted 
that this multi-year trendline has been “a structural level that has defined 
the broader macro trajectory for several years.” He stated that if Ethereum 
ends the month above this trendline, located around the $1,960-$1,970 area, 
“then price would have scope to rebound into the green region overhead,” 
between the $2,250-$2,500 levels. However, he warned that this key horizontal 
region has historically “not been kind to Ethereum across cycles.” Deeper 
Correction In The Books? Explaining ETH’s previous behavior around this level, 
Rekt Capital detailed that in 2022, once the price broke below this horizontal 
region in the monthly timeframe, it continued lower. Meanwhile, Ethereum 
closed below this level again in early 2025, retested it, turned it into 
resistance, and resumed its correction toward the April 2025 lows around 
$1,385. “So structurally, the green region remains a likely candidate for 
resistance unless Ethereum Monthly Closes above it and successfully turns it 
into support,” the analyst affirmed, cautioning that it seems less likely 
given the current bear market conditions. Moreover, he warned that if ETH 
Monthly Closes below the multi-year support trendline, the $1,570-$1,670 
horizontal zone, which was a prior demand cluster, could be revisited. Related 
Reading: The ‘Next-Generation Trading Chain’: BNB Chain Eyes 2026 Optimization 
Following Strong Ecosystem Momentum “We have already seen downside wicking 
toward that orange region, but not a clean, picture-perfect retest. Losing the 
trendline would likely force price into that orange region more decisively and 
potentially even result in its loss as support,” he added. As Rekt Capital 
stressed, if a macro uptrend is lost, there is limited buy-side momentum to 
support the price against further downside over time. As of this writing, ETH 
is trading at $2,026, a 4.7% increase in the weekly timeframe. Featured Image 
from Unsplash.com, Chart from TradingView.com

Ethereum’s Fate Hangs On This Multi-Year Support – Recovery Or Deeper Pullback Next?

Disgraced FTX founder Sam Bankman-Fried has reignited controversy from prison 
after publicly endorsing the proposed CLARITY Act, calling it a “huge 
milestone for crypto” and “a huge achievement” for Donald Trump. Sam Bankman- 
Fried backs CLARITY Act, draws swift rebuke from…

‘Looking for a pardon’: Senators fire back at Sam Bankman-Fried over CLARITY Act

Tether has made a strategic investment in Whop, a fast-growing online 
marketplace, to integrate stablecoin payments through its Wallet Development 
Kit. The move aims to expand digital dollar usage across millions of creators 
worldwide. Whop Integrates Tether Wallet for Global Settlements Tether is 
deepening its push into real-world commerce with a strategic investment in 
Whop, […]

Tether Invests in Whop to Expand Stablecoin Payments

Block, Inc. will reduce its workforce by nearly half, cutting more than 4,000 
jobs as CEO Jack Dorsey said the fintech firm restructures around artificial 
intelligence and leaner teams. Wall Street cheers Jack Dorsey&#8217;s AI restructure 
In a note shared…

Cryptocurrency price in EUR