U.S. Urges Supreme Court to Dismiss Coinbase Privacy Case
IRS and Coinbase User Case: The U.S. government is urging the Supreme Court not to hear a case from James Harper, who opposes the IRS accessing his cryptocurrency trading records, arguing that he forfeited privacy rights by sharing data with Coinbase. Lower courts have ruled that the IRS acted legally in obtaining these records through a "John Doe" summons.
Coinbase Security Breach: Coinbase revealed that hackers compromised its support staff in India to steal user information, affecting about 1% of active users, which has led to multiple lawsuits against the company for inadequate security measures and poor handling of the breach.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
About the author
