On Saturday, several reports suggested that NFT and crypto staking protocol ParaSpace had encountered an attempted attack that put more than $4.5 million at risk. Later that day, the company confirmed those reports while announcing that it had paused its platform to find the vulnerability the attacker was trying to exploit. Hours after the announcement,…
Financial powerhouse JPMorgan, which just executed its 1st cross-border financial operation using the technology that has grown so popular in the cryptocurrency field, is giving the blockchain sector a significant boost. JPMorgan is strongly boosting DeFi One of the major monetary institutions in the world entered the field of autonomous banking as a result of the…
It has been over two weeks since the FTX exchange collapsed and almost two weeks since it filed for bankruptcy. Just when many thought that the worst outcome passed, the data revealed by the bankrupt cryptocurrency exchange dropped yet another bomb on the crypto industry. This time, it is not known what the outcome would…
Glassnode, a major on-chain data analytics firm has just shared a report that involves the movement of Bitcoin, which is quite surprising. Migration Recorded for Bitcoin (BTC) Bitcoin seems to have hit a new record in terms of movements that have caused the biggest net decline on exchanges. The aggregate BTC balances have experienced a…
It has been almost an entire week since the FTX fiasco took place. Unfortunately, the impact of the FTX crash is still being felt throughout the cryptocurrency. There does not seem to be any end to the constant market downtrend that the FTX crash has triggered. The recent crash has prompted investors to move their…
On October 17, the trading value of Ether (ETH) managed to make it into the symmetrical triangle pattern. It was after a while that the trading price of ETH hit a significant value. Bulls Failed to Sustain Bearish Pressure Even though the bulls tried their best to fight the bears at the same level but…
The crypto market has been seriously struggling as of late, similar to most of the other financial markets that are currently running. Not only prices for specific commodities and cryptocurrencies dropping exponentially, but investor sentiment is also worsening with time. Therefore, the market will continue to struggle until it is able to change how investors…
The trading price of Ether (ETH) has been recording a downward movement in recent days. In the past several days, ETH’s value has continued moving in the descending channel. ETH’s Price Continues Declining The trading price of ETH has been moving in a channel that has been declining, forming a bearish pattern. The price graph…
September 9 had proven to be a day of hope and joy for the Ether (ETH) investors as its price recorded a significant rise. For a while, Ether had found it difficult to push through the $1,700 level, which is the overhead resistance mark for the second-largest cryptocurrency. However, on September 9, Ether was able…
The trading price of Ether (ETH) is currently hovering in a particular range. The range is the 20-day EMA and the H&S pattern. The trading price of $1,605 is the 20-day EMA for Ether and the H&S value is at a lower level. This means that the trading price of ETH is moving within a…
The cryptocurrency market sees a rough start to May. The space encountered two massive dips following announcements by Fed Reserve. The latest crash saw the market losing 3.7% of its value. Besides that, there’s new data that emerged and might worry investors. Stablecoins, USD Coin, and Binance USD show enormous volumes today. Surprisingly, the assets…
Ethereum price revealed interesting price actions since last week. Though the leading alt crashed down, ETH appears ready to present impressive upticks this week, moving higher to explore significant price levels. Ethereum On Recovery Mood Ethereum lost around 23% within the past month to print a swing low near $2,714. This move saw the alt…
Bitcoin saw a plummet on Wednesday, losing a vital support floor and catalyzing colossal liquidation of the cryptocurrency marketplace. The crypto’s recent slump seems directly tied to the crash in US tech stocks. The previous 24 hours saw Bitcoin losing 5% of its value, changing hands near $38.5K at this publication. On the other part,…
Ethereum stretched upward past $3,080 and $3.1K. ETH trades above $3,050 and 100hr SMA. ETH/USD’s 1hr chart shows a move past a crucial bearish trend-line with resistance at $3,060. ETH should clear the levels at $3,120 and $3,130 for extended upside in the short term. Ethereum gained momentum beyond the resistance of $3,050. A clear…
The crypto market crashed today, alts such as Avalanche and Cardano tumbling more than Bitcoin. The world’s leading crypto lost more than 7% to $39,417. Remember, BTC has never crashed beneath $40K since 16 March. Ethereum, the 2nd-largest digital coin by market value, lost over 6% to lose the $3,000 mark. Also, the meme crypto…
Ethereum kick-started massive declines from the resistance area at $3,530. The price now hovers beneath $3,400 and 100-hourly SMA. ETH/USD’s 1hr chart shows a massive bearish trend-line emerging with resistance at $3,460. The altcoin might encounter massive hurdles around $3,425, then $3,450. Ethereum launched a sharp drop from the $3,530 level. The 2nd-largest crypto by…
ETH price overcame $3,000 as enthusiasts awaited for the Merge, a milestone update on the Ethereum mainnet. The alt’s platform has burned approximately 5 billion Ether tokens as the PoS transition nears Crypto analysts trust ETH is ready for a 20% ascent following a price bounce. The current upside move might see Ethereum price posting…
ETH had its price climbing past 50-day Simple Moving Average at $2,853, suggesting increased buying pressure. Success in retesting the 50-day Simple Moving Average will authorize a breakout, targeting $3,200. A 12Hr candle close beneath $2,558 will form lower lows and cancel ETH’s bullish thesis. Ethereum (ETH) has its price movements stuck between two massive…
The cryptocurrency market continued with upward movements. The world’s oldest digital coin, Bitcoin, gained more than 3% over the past day, trading around $44,811.17. Let us check the day’s losers and gainers. The global crypto market capitalized gained 1.15% within the past 24 hours towards $2.02 trillion. Meanwhile, trading volume dropped by 24.77% to $77.78…
DOT price lost over 5% within the last 24 hours, moving to the lows of $21.21. Trading volume surged around 25%, confirming the bearish case. Sellers set stop-losses at today’s peak of $23, eyeing profit-taking. Polkadot (DOT) remains largely bearish today as the alternative token lost more than 5%, hitting low levels of $21.21. The…
Ethereum began sliding after failing to overcome the resistance at $2.8K. For now, the prices hover around $2,650 and 100hr SMA. ETH’s 1-hr chart shows a critical bullish trend-line developing with the $2,645 support. A move beneath $2,645 and $2,600 might trigger a massive fall for Ether. Ethereum corrected its gains after failing to conquer…
Ethereum gas charges surge as NFTs saw tremendous growth in 2022’s first week. Non-fungible token projects on the Ethereum platform have reached nearly 250,000 transactions. A technical indicator shows that Ether bulls, contemplating reversing the underperformance period. Non-fungible tokens (NFTs) present continuous growth after tremendous upswings last year. The top NT market registered more than…
For delaying the “Ice Age” impact, Ethereum has several times upgraded protocols for the purpose. In recent times, Ethereum has employed an upgrade called “Arrow Glacier” and bought a further six months’ time to avoid the impact. While the impact has been delayed but also the profit-making for Ether miners too has skyrocketed. Nowadays, Ethereum…
The global crypto economy continues to be over-dominated by two of the best digital currencies of the world namely Bitcoin and Ethereum. However, Ethereum’s progress as compared to its rival, Bitcoin, has been such that Ethereum is overpowering Bitcoin in multiple aspects. For instance, as of today, Ethereum has halfway neared Bitcoin’s market capitalization of…
Ether (ETH) has reached a new high against BTC. ETH year-to-date returns have increased to slightly above 350%, all as a result of its new high achiever this week. For the first time this year, the ETH/BTC pair bid hit a record 0.0835 BTC on Coinbase. This bullish movement started sometime in October after Ethereum…
