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Adam Forsyth

Movement Labs Files for Bankruptcy

The MOVE token is trading more than 99% below its all-time high of $1.45 and hit an all-time low barely two days ago. Movement Labs has filed for Chapter 11 insolvency protection in the U.S. Bankruptcy Court of Delaware. This follows months of controversy and a token scandal that left the network dealing with…

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Is Ethereum Poised for a Major Rally?

An ascent to $2,400 or crash to $1,000: what comes next for ETH? The second-largest cryptocurrency has staged a minor resurgence in the past few days, yet certain bullish signals suggest it could be on the verge of a further rally. Analysts speculate that the price may soon surpass $2,300, while others warn that…

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Polymarket takes France to court after regulators block website

Polymarket has announced a French court challenge five days after regulators ordered internet providers to block the platform over gambling-loss and market-manipulation concerns. Summary Polymarket will challenge France’s decision to block its website through the country’s courts. French regulators cited gambling losses, contract manipulation and suspected use of insider information. U.S. authorities are separately examining…

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ETH Holds Crucial Support as $2K Comes Into View

Ethereum has staged a notable recovery from its June lows. It has reclaimed some important support levels and is now pushing toward a major technical barrier. While short-term momentum continues to favor buyers, the broader trend remains challenged by overhead resistance and a still-negative Coinbase Premium Index, suggesting institutional demand from U.S. investors has yet…

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