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I have dropped down to an hourly chart of ETH. The price path is starting to look impulsive to the downside, despite US Dollar weakness – I still expect a bottom very soon which implies macro regime change and crypto bearish.

ETH was strongly rejected at key resistance yesterday and is starting to cascade lower. There has a been a failed retest higher and negative reversal in RSI (hourly) – price down, RSI up, poor ease of movement higher. Keep looking down near term.

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CertiK: White Hat or Black Sheep?

CertiK: White Hat or Black Sheep?

The security firm faces accusations of extortion after exploiting a vulnerability in Kraken, a major cryptocurrency exchange. CertiK allegedly demanded a ransom for the return of stolen funds instead of following responsible disclosure procedures.