Backpack founder Armani Ferrante says the company’s staff and investors won’t 
get an allocation at its upcoming token launch to avoid insiders “dumping on 
retail.”

Crypto exchange Backpack to launch token with unlocks tied to IPO goal

The Ethereum co-founder sees crypto providing privacy rails, verification 
systems and economic layers to help decentralize AI and benefit society.

Vitalik Buterin details how Ethereum could work alongside AI

Hedge fund manager Ray Dalio warns that CBDCs will eliminate financial privacy 
and enable governments to tax, seize funds, and cut off political opponents.

‘No privacy’ CBDCs will come, warns billionaire Ray Dalio

Crypto adviser sentiment remains broadly bullish despite recent volatility, 
with pullbacks viewed as buying opportunities by some and long-term crypto- 
native investors continuing to exert influence over market direction, 
according to insights from Bitwise Asset Management’s Matt Hougan. Advisers 
Stay Bullish as Crypto-Native Investors Drive Market Bitwise Asset Management 
Chief Investment Officer Matt Hougan shared on […]

Financial Advisors Stay Bullish on Crypto as the Market Loads for Next Run Higher

Ethereum price started a recovery wave above $2,050. ETH is now consolidating 
and eyeing an upside break above the $2,150 resistance. Ethereum managed to 
stay above $1,950 and recovered some losses. The price is trading above $2,020 
and the 100-hourly Simple Moving Average. There was a break above a major 
bearish trend line with resistance at $2,070 on the hourly chart of ETH/USD 
(data feed via Kraken). The pair could start a fresh decline if it stays below 
the $2,165 zone. Ethereum Price Eyes Upside Break Ethereum price managed to 
form a base above $1,950 and started a recovery wave, like Bitcoin. ETH price 
traded above the $1,980 and $2,000 resistance levels. Besides, there was a 
break above a major bearish trend line with resistance at $2,070 on the hourly 
chart of ETH/USD. The pair even spiked above $2,150. A high was formed at 
$2,168, and the price is now consolidating gains above the 23.6% Fib 
retracement level of the upward move from the $1,744 swing low to the $2,168 
high. Ethereum price is now trading above $2,050 and the 100-hourly Simple 
Moving Average. If the bulls remain in action above $2,020, the price could 
attempt another increase. Immediate resistance is seen near the $2,150 level. 
The first key resistance is near the $2,165 level. The next major resistance 
is near the $2,250 level. A clear move above the $2,250 resistance might send 
the price toward the $2,350 resistance. An upside break above the $2,350 
region might call for more gains in the coming days. In the stated case, Ether 
could rise toward the $2,550 resistance zone or even $2,665 in the near term. 
Another Decline In ETH? If Ethereum fails to clear the $2,150 resistance, it 
could start a fresh decline. Initial support on the downside is near the 
$2,050 level. The first major support sits near the $2,020 zone. A clear move 
below the $2,020 support might push the price toward the $1,950 support or the 
50% Fib retracement level of the upward move from the $1,744 swing low to the 
$2,168 high. Any more losses might send the price toward the $1,845 region. 
The main support could be $1,800. Technical Indicators Hourly MACD – The MACD 
for ETH/USD is losing momentum in the bearish zone. Hourly RSI &#8211; The RSI for 
ETH/USD is now above the 50 zone. Major Support Level – $2,020 Major 
Resistance Level – $2,165

Cryptocurrency price in VEF