Five members of an international crypto scam ring are accused of stealing nearly $37 million from American victims and sending the funds to Cambodia.

Crypto scammers plead guilty to $37M scheme targeting Americans

The XRP Ledger is now home to a groundbreaking new offering: Digital 
Commercial Paper (DCP). This innovative fixed-income asset is fully backed by 
U.S. Treasuries and carries a top-tier Prime-1 rating from Moody’s. Ripple 
Highlights XRP Ledger’s Role as Guggenheim Modernizes Commercial Paper 
Issuance Ripple announced on June 10 that Guggenheim Treasury Services, a 
subsidiary […]

XRP Ledger Powers Guggenheim’s Real-World Asset Tokenization

Ethereum is showing renewed strength after climbing above the $2,600 mark with 
ease, holding firmly above key support levels as bulls attempt to reclaim 
momentum. The move comes after weeks of range-bound price action, and while 
the breakout attempt has gained attention, traders are now watching closely 
for confirmation through a decisive push above the next resistance zone. 
Related Reading: Ethereum Weekly Structure Tightens – Tower Top Pattern In 
Play? So far, ETH has held up well despite broader market volatility. With 
buyers back in control, the focus has shifted to whether Ethereum can break 
through the upper boundary of its current range and begin a sustained move 
higher. Without follow-through, price risks slipping back into consolidation, 
frustrating bullish positioning. Top analyst Big Cheds recently shared a 
technical analysis highlighting that Ethereum is now pushing into weekly range 
highs, specifically a zone defined by a cluster of upper shadows and the 
underside of the 200-day moving average (DMA). This region has repeatedly 
acted as resistance, rejecting previous rally attempts. Ethereum Bulls Eye 
Breakout Confirmation Ethereum is at a critical juncture as bulls push price 
toward the $2,800 resistance — a level that must be decisively cleared to 
confirm a breakout and transition into a full bullish phase. After a sharp 
rebound from April’s low, where ETH traded near $1,400, the asset has surged 
more than 90%, reclaiming key moving averages and breaking through previous 
short-term resistance levels. Momentum is clearly building, but Ethereum now 
faces its most important test. The $2,800 zone marks the top of the current 
range and coincides with multiple technical barriers. Cheds highlighted that 
ETH is now trading into weekly range highs, where a cluster of upper shadows 
has repeatedly rejected price. This region also aligns with the underside of 
the 200-day moving average (DMA), reinforcing it as a major zone of 
resistance. According to Cheds, the bear thesis fails if ETH can flip $2,750 
into support — a level that would likely signal trend reversal and sustained 
upside. However, macro risks remain. US Treasury yields continue to climb, 
reflecting concerns over inflation and tighter financial conditions. Rising 
yields often put pressure on risk assets, including cryptocurrencies, by 
pulling liquidity out of speculative markets. Despite these headwinds, 
Ethereum’s structure remains strong. As long as bulls maintain pressure and 
defend higher lows, the path toward reclaiming $3,000 becomes more probable. A 
confirmed breakout above $2,800 would likely trigger increased participation, 
both from technical traders and investors sidelined by recent volatility. 
Until then, ETH remains rangebound — but the momentum is clearly shifting in 
favor of the bulls. Related Reading: Ethereum Consolidates As Momentum Builds 
– Analyst Has $3K In Sight For June ETH Reaches Key Resistance Zone After 
Breakout Ethereum is currently trading at $2,688 on the 4-hour chart, after a 
strong breakout from a multi-day ascending triangle structure. The move was 
backed by rising volume and a clean reclaim of all major moving averages — the 
50 SMA ($2,558), 100 SMA ($2,571), and 200 SMA ($2,535) — which now act as 
support beneath price. ETH has pushed directly into a key resistance zone 
between $2,690 and $2,735, highlighted by several previous rejection wicks. 
This area has acted as a supply zone since mid-May, capping every breakout 
attempt and leading to swift pullbacks. The current test marks Ethereum’s 
fifth attempt to break above this level in recent weeks, which increases the 
odds of a potential breakout, especially if bulls maintain momentum and volume 
remains elevated. Related Reading: Bitcoin And Ethereum Defend Key Moving 
Averages – Bullish Signal Or Temporary Relief? However, if ETH fails to clear 
this zone, a pullback toward the 200 SMA or the $2,600 level is likely, 
especially if volume tapers off. The structure remains bullish in the short 
term, with higher lows forming and buying pressure increasing. A confirmed 4H 
close above $2,735 would signal breakout confirmation and likely trigger a 
push toward $2,900–$3,000. Until then, ETH remains rangebound — but bulls are 
clearly pressing on the door. Featured image from Dall-E, chart from 
TradingView

Ethereum Approaches Decisive Level –  Trading Around 200 DMA Resistance

Societe Generale Group’s crypto asset-focused subsidiary is set to launch a 
new stablecoin called USD Coinvertible (USDCV) on Ethereum and Solana. 24/7 
Conversion Offered for Fiat, Stablecoins Societe Generale-FORGE (SG-FORGE), 
the crypto asset-focused subsidiary of Societe Generale Group, is set to 
launch a new stablecoin on Ethereum and Solana. Known as USD Coinvertible 
(USDCV), the […]

Societe Generale to Launch USD Stablecoin on Ethereum and Solana

Ether price continues to show strength at $2,800 even as some traders embrace 
bearish options strategies. What gives?

ETH price tops $2.8K as options traders open bearish positions: Are bears wrong?

According to the Ethereum Foundation, “a significant burden of security” still 
falls on users of digital assets.