BITCOIN

Cardano consolidated after the coin attempted to rise on the one day chart. Bitcoin extended losses so broader market continued to flash signs of weakness. The one day chart displays mixed signals which could also mean that the coin might be attempting to head north. Over the last 24 hours, ADA gained just 1% as it was primarily consolidating. In the last week, the coin substantially gained over 22%. Buyers in the market also attempted to display strength as the coin saw bullish presence over the past week. If buyers continue to remain in the market then ADA might push and trade near immediate resistance of $0.60. The price of ADA might fluctuate if sellers regain strength which could make the bears take over the market. Cardano Price Analysis: One Day Chart Cardano was priced at $0.54 on the one day chart | Source: ADAUSD on TradingView ADA was trading at $0.54 at the time of writing. After soaring by almost 22% over the last week the coin registered mundane price action. Its immed

Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST), according to legal experts. They explained that civil charges are more likely, including lawsuits by cryptocurrency investors. Do Kwon Unlikely to Face Criminal Charges The recent collapse of cryptocurrency terra (LUNA) and algorithmic stablecoin terrausd (UST) has raised questions about whether their creator, Do Kwon, can be held accountable. Randall Eliason, a professorial lecturer in law at the George Washington University Law School who spent 12 years as an assistant U.S. attorney for the District of Columbia, explained that Kwon is unlikely to be criminally prosecuted, CNBC reported Thursday. Emphasizing that prosecutors have to prove criminal wrongdoing beyond a reasonable doubt, he was quoted as saying, “It’s not like a homicide where you bring in witnesses to testify to who pulled the trigger.” The legal expert describ

Global investment bank Goldman Sachs’ president and chief operating officer has warned of unprecedented economic shocks and tougher times ahead. His statement echoes JPMorgan CEO Jamie Dimon’s warning that a “hurricane” is coming our way. Goldman Sachs President’s Warning About the U.S. Economy Goldman Sachs President and Chief Operating Officer John Waldron shared his outlook for the U.S. economy at a banking conference Thursday. Commenting on current economic conditions, he said: “This is among — if not the most — complex, dynamic environment I’ve ever seen in my career.” The top Goldman Sachs executive elaborated: We’ve obviously been through lots of cycles, but the confluence of the number of shocks to the system, to me, is unprecedented. Waldron’s comments echoed a similar warning by JPMorgan Chase CEO Jamie Dimon , who said Wednesday that there is a “hurricane” coming our way. “You better brace yourself,” he advised. Noting that he will refrain from “using any weather an