The popular DeFi protocol Cream Finance, which became the latest hack victim earlier this week, will allocate 20% of all the fees it charges to repay the affected customers. Additionally, the project has offered a bug bounty to the still unknown perpetrators and up to 50% for third parties who can assist with recovering the...Read More
Ethereum Price Action Ethereum price has risen 8.32% in the last 24 hours to $3522.63. This rekindles its upward trajectory from the previous week when it gained 6.0% going from $3253.03 to its present level. For the previous two weeks, ETH price has been trading inside this triangle pattern, dipping as low as $3000. It...Read More
The success of DeFi (decentralized finance) blockchain apps has not escaped the notice of Square Payments (NYSE: SQ) CEO Jack Dorsey. The engineer, businessman, and BTC advocate recently announced that his blockchain project, TBD, will enter the space by creating a Bitcoin DEX. Vitalik Buterin “Skeptical” About Bitcoin DEX In a recent interview, Ethereum co-founder...Read More
Despite the massive rally of crypto assets this year, their prices have plunged yet again due to the market crash on May 19th. Ethereum has also taken a turn for the worse, with its price dip by nearly 60%. Thereafter Ethereum price consolidated around $2000 till mid-July. August turned out to be a gamechanger for...Read More
The Ethereum blockchain recently split in two due to exploitations induced by a consensus flaw on the network’s nodes. However, the price action has remained largely unaffected. Over the previous 24 hours, ETH traded in a range of $3,217.40 to $3,284.85, exhibiting minimal volatility. The trading volume has declined by 16 percent to $14.95 billion,...Read More
Solana gained immense traders attention with a gigantic surge of more than 120% in a very short time frame. Due to the upgrades on its blockchain, the SOL price was uplifted to a greater extent. Moreover, the price is expected to hit a 3-digit figure soon which could have generated immense curiosity among the traders. ...Read More
Following an overnight sell-off across the whole cryptocurrency market, Ethereum is now trading at the $3100 level. The leader of altcoins has had a profitable month, climbing from $1,700 in July to a monthly high of $3,390 in August. The key levels of support remain $3,000 and $2,880. Yet given the number of short positions...Read More
After successfully launching its “London” upgrade earlier this month, the Ethereum price has exhibited tremendous growth. After the London upgrade, Ethereum’s market share climbed from 15% to 18%. For ETH, the overall trend is very bullish. The Bulls have ignited another rally and ETH is currently trading in green at $3259. For the past two...Read More
According to a recent survey, millennial investors have allocated 12% of their wealth in the digital asset market while xennials and generation X have respectively distributed 9.2% and 6.3%. However, those born between the late 1970s and the early 1980s have profited the most from those investments. Crypto Trends among The Generations The cryptocurrency exchange...Read More
This week was entirely positive in the cryptocurrency market as almost everything is trading well in the green. It wasn’t without its hurdles, so let’s jump straight to it. Bitcoin managed to push towards $48K last Friday, but the week was filled with choppy price action and a somewhat expected downturn. By Thursday, BTC’s price...Read More
Over 95,000 ETH – over 287 million – have been staked in the ETH 2.0 contract in a day, as per data from on-chain and market data platform CryptoQuant. It seems the number of new depositors is fewer compared to the number of deposits, which, according to Young Ju, CEO of CryptoQuant, is a firm...Read More
On-chain analytics provider, Glassnode, has reported that Bitcoin exchange flows have returned to the dominance of outflows through August as investors withdraw the digital asset. It added that the market has transitioned through a number of phases of exchange flow dominance over the last year. The previous outflow dominance was last seen in late 2020,...Read More
Crypto Analyst Justin Bennett Maps The Next Major Levels For Three altcoins! With the market worth just hitting $2 trillion, the cryptocurrency bull market appears to be returning. The rise coincided with a rally in bitcoin and other digital tokens. As crypto market improved for the fourth week, Bitcoin is currently trading around $47.5K and...Read More
A $400 billion investment management firm, Neuberger Berman, recently announced adding exposure to Bitcoin and Ether derivatives and investment vehicles as part of the firm’s fund strategy. Another Hedge Fund to Join Crypto The SEC filing outlines that the asset manager will receive exposure to cryptocurrency via a subsidiary firm —with a minimum investment of...Read More
Ethereum price has held up well in the last 24 hours and steered clear of a major pullback. It has retested $3200 again and is on an uptrend. Over the weekend, ETH broke through the $3,200 resistance level and retraced to $2,900, forming a new higher low. Since then, the price again rose back to...Read More
It was an exciting week in the cryptocurrency market with a lot of developments – both in terms of price and otherwise. Bitcoin went through a correction but managed to recover, while Ethereum’s long-anticipated London hard fork went live officially. Starting off with BTC’s price, the week was rather intense. Last weekend, we saw the...Read More
Just a day after the highly-anticipated upgrade to the Ethereum blockchain, Buterin commented that the event had paved the way for the migration to proof of stake (ETH 2.0). He also outlined EIP-1559 as the “most important part of London.” As reported yesterday, the Ethereum network went through one of its most-awaited and crucial hard...Read More
Most of the cryptocurrencies since the beginning of 2021 showcased a marvellous rally by achieving heights beyond everyone’s expectations. Yet they failed to stand on one’s aspiration as the mid-may crash drained more than 60% gains. However, without being dejected, the assets registered nearly 15% to 20% jump and many more yet to come. As...Read More
The Ethereum London upgrade has been eagerly awaited, not because it will reduce fees (gas has actually gone up since it launched), but because it is burning them. EIP-1559 introduced a mechanism that burns some of the gas or base fee. This is very important for supply and issuance economics which are currently inflationary for...Read More
Anthony Di Iorio is a well-known figure in the cryptocurrency space. He got into Bitcoin back in its early days, went on to become one of the co-founders of Ethereum, and also founded and spearheaded the popular crypto infrastructure provider – Decentral. In this interview, we go in-depth on all of the above, and we...Read More
The price of Ethereum has risen by 8% in the last 24 hours to about $2,700, in anticipation of today’s major upgrade. With five Ethereum Improvement Proposals scheduled to be integrated into the blockchain’s code today. EIP-1559 is the most widely discussed of these, with the goal of making Ethereum transaction costs more stable. Analyst...Read More
The Ethereum London hard fork is a blockchain update that was originally slated for August 4 but has subsequently been delayed for August 5. The Ethereum London fork will begin with block 12,965,000 on August 5th. It might be a watershed moment for Ethereum. It will be crucial for a variety of reasons, the most...Read More
The cryptocurrency platform Bitbns intends to open a systematic investment plan (SIP) in digital assets for Indian athletes who win medals at the ongoing Tokyo Olympics. The exchange will reportedly grant around $2,700 in crypto for gold medal winners. ‘Faster, Higher, Stronger’ And Earn Crypto The Economic Times reported that Indian athletes at the Olympic...Read More
The Ethereum blockchain is scheduled to undergo the London hard fork, and several exchanges are taking precautions to ensure users’ funds remain secured once the hard fork is successfully deployed. At block height 12,965,000, estimated to take place tomorrow (August 8th, 2021), Ethereum was scheduled to undergo the hard fork, and two scenarios are likely...Read More
Ethereum price over the weekend has decoupled from BTC and continued to be on a rising trend. Even as it faced minor retracements it still traded in the green for the entire weekend. At the beginning of the weekend, buyers pumped ETH above the $2,500 resistance and lift the ETH/USD pair out of short-term consolidation....Read More
As the larger crypto markets continue to surge, a well-known crypto trader and analyst is laying out his predictions for Bitcoin, Ethereum, and Chainlink. Bitcoin Price Pentoshi, a pseudonymous crypto analyst, tells his 202,700 Twitter followers that he’s keeping a careful eye on Bitcoin (BTC), which is poised to break through previous resistance at $40,000...Read More
Most cryptocurrencies closed higher in the last 24 hours, indicating that the upward momentum is still strong. Given the current technical price of Ether, one cannot help but expect further price increases. This is in line with the overall cryptocurrency market’s upbeat outlook. Following the recent crypto market crisis, Ether prices entered a period of...Read More
The financial institution Wealthfront announced it would expand its menu of digital asset investments by including Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). Additionally, the company would provide more solutions to its customers with cryptocurrencies different than BTC and ETH. Wealthfront Customers Can Now Invest in GBTC and ETHE The California-based investment provider...Read More
After weeks of prolonged consolidation and choppy sideways action in a very squeezed and narrow range, Bitcoin finally broke out. Fortunately, it was to the upside. Over the past week, BTC is up by a considerable 20%. At the time of this writing, it’s trading at around $39K, having pulled back slightly from the psychological...Read More
During the first half of 2021, the ETH volume surged by more than 1,400% totaling $1.4 trillion, while BTC’s increased by 489%, reaching a total of $2.1 trillion. ETH Beats BTC for The First Time Coinbase took data from 20 trading venues and released a report, where it informed that Ether’s trading volume spiked by...Read More
