TREE, the native token of DeFi protocol Treehouse, crashed 40% shortly after its TGE event and listing on multiple exchanges, including Binance, Coinbase, and Bitget. Binance was the first platform to list the TREE token on July 29, which followed…

Treehouse crypto crashes 40% a day after listing on Binance and Coinbase

Over 10 million have been potentially targeted by a malware campaign designed 
to steal crypto and credentials, say cybersecurity researchers at Check Point.

Crypto users warned as ads push malware-laden crypto apps

Ethena’s total value locked has surged by an impressive 50% in the past month, 
with ENA posting significant price gains. According to DeFiLlama data, 
Ethena&#8217;s (ENA) TVL was $8.44 billion at the end of July. Compared to $5.46 
billion at…

Ethena’s TVL tops $8B after 50% monthly gain — can ENA sustain uptrend above $0.60?

A high-profile crypto fraud imploded as AML Bitcoin’s founder was sentenced to 
seven years in prison after duping investors with fake tech, fake deals, and 
lavish spending. AML Bitcoin Crashes With 7-Year Prison Verdict and No Real 
Tech Behind It The U.S. Department of Justice (DOJ) announced on July 29 that 
Rowland Marcus Andrade, founder […]

AML Bitcoin Founder Sentenced as DOJ Uncovers Lavish Fraud Fueled by Lies

XRP price started a downside correction below the $3.120 zone. The price is 
now attempting a recovery and might aim for a move above the $3.1650 level. 
XRP price is attempting to start a fresh increase from the $3.00 zone. The 
price is now trading below $3.180 and the 100-hourly Simple Moving Average. 
There is a bearish trend line forming with resistance at $3.150 on the hourly 
chart of the XRP/USD pair (data source from Kraken). The pair could start 
another increase if it stays above the $3.00 zone. XRP Price Eyes Upside Break 
XRP price started a fresh decline below the $3.20 zone, unlike Bitcoin and 
Ethereum. The price declined below the $3.120 and $3.080 support levels. The 
bears even pushed the price below the $3.020 support zone. Finally, the bulls 
appeared near the $3.00 level. A low was formed at $2.999 and the price is now 
attempting a recovery wave. There was a move above the $3.050 and $3.080 
levels. The price surpassed the 23.6% Fib retracement level of the downward 
move from the $3.330 swing high to the $2.999 low. The price is now trading 
below $3.150 and the 100-hourly Simple Moving Average. There is also a bearish 
trend line forming with resistance at $3.150 on the hourly chart of the 
XRP/USD pair. On the upside, the price might face resistance near the $3.150 
level. The first major resistance is near the $3.1650 level. A clear move 
above the $3.1650 resistance might send the price toward the $3.20 resistance. 
Any more gains might send the price toward the $3.250 resistance or even $3.30 
in the near term. The next major hurdle for the bulls might be near the $3.350 
zone. Another Drop? If XRP fails to clear the $3.1650 resistance zone, it 
could start another decline. Initial support on the downside is near the 
$3.080 level. The next major support is near the $3.00 level. If there is a 
downside break and a close below the $3.00 level, the price might continue to 
decline toward the $2.920 support. The next major support sits near the $2.850 
zone where the bulls might take a stand. Technical Indicators Hourly MACD – 
The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI 
(Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. 
Major Support Levels – $3.080 and $3.00. Major Resistance Levels – $3.1650 and 
$3.20.

XRP Price Consolidation Deepens – Resistance Still Capping Upside

Ethereum price found support near the $3,680 zone. ETH is now rising and might 
soon aim for a move toward the $4,000 zone. Ethereum started a fresh increase 
above the $3,740 and $3,800 levels. The price is trading above $3,820 and the 
100-hourly Simple Moving Average. There was a break above a bearish trend line 
with resistance at $3,810 on the hourly chart of ETH/USD (data feed via 
Kraken). The pair could start a fresh increase if it remains supported above 
the $3,800 zone in the near term. Ethereum Price Eyes Fresh Gains Ethereum 
price started a downside correction from the $3,940 level, like Bitcoin. ETH 
price declined below the $3,900 and $3,800 support levels. The bears even 
pushed the price below the 50% Fib retracement level of the upward move from 
the $3,515 swing low to the $3,940 high. Finally, the price spiked below 
$3,700 and the 100-hourly Simple Moving Average. It tested the $3,680 support 
zone. The bulls protected the 61.8% Fib retracement level of the upward move 
from the $3,515 swing low to the $3,940 high. The price is again rising above 
the $3,750 level. There was a break above a bearish trend line with resistance 
at $3,810 on the hourly chart of ETH/USD. Ethereum price is now trading above 
$3,820 and the 100-hourly Simple Moving Average. On the upside, the price 
could face resistance near the $3,880 level. The next key resistance is near 
the $3,920 level. The first major resistance is near the $3,940 level. A clear 
move above the $3,940 resistance might send the price toward the $3,980 
resistance. An upside break above the $3,980 resistance might call for more 
gains in the coming sessions. In the stated case, Ether could rise toward the 
$4,050 resistance zone or even $4,120 in the near term. Another Drop In ETH? 
If Ethereum fails to clear the $3,880 resistance, it could start a downside 
correction. Initial support on the downside is near the $3,800 level. The 
first major support sits near the $3,720 zone. A clear move below the $3,720 
support might push the price toward the $3,680 support. Any more losses might 
send the price toward the $3,565 support level in the near term. The next key 
support sits at $3,500. Technical Indicators Hourly MACD – The MACD for 
ETH/USD is gaining momentum in the bullish zone. Hourly RSI &#8211; The RSI for 
ETH/USD is now above the 50 zone. Major Support Level – $3,800 Major 
Resistance Level – $3,880