Ethereum whales have registered a sharp uptick in activity in the past few days, making nearly 2,600 transactions worth over $1 million each yesterday alone. This is the highest number of such transaction activities in a day since January. 🐳 #Ethereum‘s whales have been extremely active today, firing off 2,596 transactions valued at $1M or...Read More
The most primitive crypto Bitcoin is yet again standing strong quashing all the FUD’s created on its way towards superiority. The asset withstood multiple external FUD’s like ban, regulation, stock market turbulence, negative mentions, etc and the very recent one of a whale dump. No doubt the asset faced extreme plunge for a while but...Read More
São Paulo-based Nubank, Latin America’s largest digital bank, has signed a partnership deal with blockchain infrastructure platform Paxos to support cryptocurrency trading services within its banking app. Nubank Supports Direct Bitcoin and Ether Trading In a press release on Wednesday (May 11, 2022), Nubank said its customers will be able to buy, sell, and hold...Read More
After the Fed raised interest rates to unprecedented levels last week, the stock and crypto markets experienced significant losses. This week, Bitcoin, Ethereum, XRP, Solana, and other major cryptocurrencies showed double-digit percent price losses. However, after bottoming out at $29k on May 9th, Bitcoin shows signs of life as the cryptocurrency is currently trading above...Read More
With the recent cryptocurrency market crash, where the price of most major coins like Bitcoin, Ethereum, BNB, XRP, and Solana has been down between 12-18% in the past week, is this the ultimate buying opportunity for those brave enough to buy the dip? Let’s look at why the price is crashing and whether this could...Read More
Cryptocurrency markets have been full of volatility and uncertainty in recent weeks. With Bitcoin prices falling sharply last week, most other cryptocurrencies followed suit by showing double-digit percent price losses in a matter of days. Ethereum is down 10.48% in the past seven days, XRP is down 7%, and ApeCoin is down a massive 35%....Read More
After a massive price drop over the last two days, the cryptocurrency market has calmed down. ETH is now trading at a significant support level. The weekend has been rather stable on the daily timeframe, after the bears forced the price down more than 10% in the previous two days. Ethereum – Calm Before the...Read More
The crypto-verse has born the thwarts of the turbulence over the past 24-hours. Wherefore, at press time, the market capitalization of the business has dropped close to 7% around the clock. That now has left the numbers hovering around $1.76 Trillion. The consequences of the torments have been evident with the market leader Bitcoin. Which...Read More
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to...Read More
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel freely His lawyers have also asked for probation with no home detention or community confinement Arthur Hayes had struck a plea deal...Read More
Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value locked Approximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billion Lido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi...Read More
The price of bitcoin concluded April on a bearish note, with fears that more downside pressure will persist. The Ethereum price continues to trade in a narrow range. After a sell-off in April, Bitcoin price activity picks up in May. April has historically been one of the greatest months for Bitcoin. April 2022, on the...Read More
Ethereum is one of the most popular cryptocurrencies on the market, despite its present pricing, which is far from ideal. It has been hit by the general market downturn that has wracked the crypto industry, and it has now lost its footing above $3,000, a critical level for the digital currency. Nonetheless, according to reports...Read More
As global threats continue to rise, the overall cryptocurrency market is treading water. The second-largest cryptocurrency by market capitalization, Ethereum (ETH), is still being impacted by the crypto-wide sell-off. ETH has lost over 4% in the last 24 hours and over 5% weekly, outperforming other altcoins with diverse dynamics. After failing to break above the...Read More
After a brief rebound on Thursday, crypto prices continued to swing on Friday, with both bitcoin and ethereum falling into the red. During the day, bitcoin fell below $40,000 for the second time, while ethereum continued its recent trend of trading below $3,000. Bitcoin (BTC), Ethereum (ETH), and VeChain (VET) are expected to have more...Read More
Ethereum price had tested $2,800 level in the recent days before managing to bounce back towards $2,950. The Ethereum bulls were quick enough to push the price back at $3,000 level. Hence the surge in buying activity has pushed the price above the $3,000 range. However, today though the currency is signaling green, it has...Read More
San Francisco-based fintech giant Stripe announced its latest advance into cryptocurrency by partnering with Twitter. According to the new pilot program, Stripe will let a small group of creators send and receive payments in USDC via its payment platform, Connect. Creators can thus directly manage their account details through the Stripe Express app. Stripe’s Crypto...Read More
After a notable rally in 2021 a couple of times, 2022 appears to be pretty relaxed, maintaining a squeezed rally. Traders appear to extract their profits with just a minor spike and compel the prices to chop around the lower levels. However, in the upcoming days, the space may witness a significant change which may...Read More
Ridley Scott – one of the greatest film directors of all time – will be the next celebrity to dive into the cryptocurrency universe by producing “The Infinite Machine,” a movie about the founding of the Ethereum network. Gladiator’s Ridley Scott to Take Ethereum to Hollywood Camila Russo’s book “The Infinite Machine,” which tells about...Read More
Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey TLDR: Despite the market downturn, Q1 was another highly active quarter for crypto venture funding. On the infrastructure side, we’re seeing a ton of activity within cross-chain solutions and DAO tooling. New layer-1s are still being incubated. Familiar...Read More
The web 3.0 dapp platform EOS has finished the work needed to bring the Ethereum Virtual Machine (EVM) to the network. That means developers will be able to build and transfer more blockchain applications to the network using familiar tools and coding language. EVM Meets EOS EVM is the software platform used to create decentralized...Read More
There are now a total of 80,300 NFT collections on the Ethereum blockchain, up from 15,540 year over year. Meanwhile, Ethereum addresses holding one or more NFTs have also skyrocketed as the industry is getting widely adopted, despite the recent market turbulence in the crypto space. Interest in NFTs Continues to Increase Though the broader...Read More
The Ethereum Foundation (EF) – a non-profit organization that supports the second-largest blockchain protocol – disclosed that its treasury equals around $1.6 billion. $1.3 billion of it is distributed in digital assets (primarily ETH), while approximately $300 million belong to non-crypto investments. The EF Sold ETH at the ATH In its financial report, the Ethereum...Read More
The theft of $620 million in cryptocurrency, related to the bridge hack against the Ronin Network on March 23th, is the latest cybercrime committed by Pyongyang to fund its domestic programs, claimed the FBI. North Korea Responsible for the Ronin Network Hack The FBI issued a statement on Thursday, indicating that cyber actors APT38, also...Read More
On April 12, 2022; Virgil Griffith, a former developer at the Ethereum Foundation, was sentenced to more than 5 years in prison on the charge of conspiracy, after traveling to Pyongyang in 2019, in violation of the international sanctions framed under The International Emergency Economic Powers Act imposed by the government of the United States...Read More
Asset manager IDEG has unveiled Ethereum Enhanced Portfolio as part of its new TIMES suite of products with Coinbase Prime as its strategic partner. The new fund will be part of the “TIMES” suite of products, which stands for – Trust, Interest, Mining, Yield Earnings, and Structured Solutions. TIMES Suite of Products The new actively...Read More
As Ethereum approaches its long-awaited transition to proof of stake, developers have launched the mainnet’s first “shadow fork”. Its purpose is to stress-test existing assumptions about testnests and the mainnet. Preparing for the Merge According to Ethereum Foundation Developer Parithosh Jayanthi, the fork adds merge related fields to the configs of existing testnets. “In doing...Read More
Of late the crypto market is submerged into a bearish pull with Bitcoin retracing below $42,000. This has forced other altcoins too to follow Bitcoin. The global cryptocurrency market capitalization has drastically fallen below $2 trillion positioning at $1.88 trillion with a fall of 4.63% over the last 24hrs. Where Is Bitcoin, Ethereum & Ripple...Read More
PayMaya – one of the leading digital financial services platforms in the Philippines – rolled out a cryptocurrency feature on its app, allowing customers to deal with bitcoin and altcoins. The initiative aims to educate locals about the merits of the asset class and grant them access to it. PayMaya Enters the World of Crypto...Read More
For a long time, Ethereum has been struggling to break between the $3,525 and $3,530 resistance levels. In recent days, the altcoin did reach $3,525 and began retracing. The price also fell below the support level of $3,450, $3,420, and $3,400 before dropping below $3,300. At press time ETH price is changing hands at $3,335...Read More
