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Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop
11.11.2022
A bearish technical setup and a declining number of Ethereum whales pose downside risks for ETH price
FTX contagion victim Deepak.eth puts NFT collection up for sale
11.11.2022
Deepak.eth, the founder of the blockchain infrastructure Chain, listed their NFT collection for sale on OpenSea starting at 8,000 ETH
Ether Turns Deflationary as Amount of ETH Burned Spikes Amid FTX-Induced Market Volatility
11.11.2022
Ether's net supply increase has turned negative for the first time since Merge
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines Following FTX Saga, Markets Now Look Towards US Inflation Report
10.11.2022
Cryptocurrencies continued to crash on Thursday, as market sentiment surrounding the FTX saga remained on the minds of traders. Bitcoin fell below $16,000 late on Wednesday, with prices remaining close to two-year lows today. Ethereum slipped below $1,100, with attention now focused...
Ethereum price plunges 23%: Can ETH revive this fall?
10.11.2022
Even after the Merge upgrade, investors were optimistic for an uptrend, but the external factors such as US Fed regular rate hikes, supply chain issues, inflation, and now FTX ‘liquidity crunch’ has reduced the market cap of Ethereum, at least for the short term. Indeed, ETH is a popular coin,...
Ethereum Price Prediction – ETH Plummets 23%, Is It All Over for Crypto?
9.11.2022
The crypto markets have been hit with yet another black swan event – the collapse of one of the largest crypto exchanges in the world, FTX.
Ethereum, along with the wider crypto markets, has shed a significant percentage of its value over the past few hours as recent events have...
Bitcoin, Ethereum Technical Analysis: BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath
9.11.2022
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirmed its intention to absorb the failing exchange. Ethereum was also lower, dropping below $1,200....
Three Ethereum alternatives to consider amid the ongoing bear market: Algorand, VeChain, and Big Eyes Coin
9.11.2022
The ongoing bear market has significantly affected most cryptocurrencies within the industry, particularly the industry giants. The world’s largest cryptocurrencies by market cap have been significantly affected by the bear market and are by far the biggest losers. Cryptos like Bitcoin (BTC)...
Bitcoin Price and Ethereum Hold Crucial Support, FTX Token Sheds 84%
9.11.2022
The cryptocurrency market continues to shed blood, with the majority of cryptocurrencies trading in the red on November 9 due to panic selling yesterday, fueled by rumors of FTX's insolvency. While Bitcoin fell to nearly $18,000, Ethereum was on the verge of a significant loss below $1,300....
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Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’
9.11.2022
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov. 3, 2022. McGlone detailed that volatility in bitcoin and ethereum...
Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals
8.11.2022
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 2-Week Lows, Ahead of US Midterms
8.11.2022
Bitcoin fell below $20,000 on Tuesday, as markets prepared for the U.S. midterm elections. Cryptocurrencies were swept by a red wave today, as some Democratic investors expect that American voters will also be favoring such a wave in the political arena. Ethereum also moved lower, dropping below...
TinyTap publisher NFTs generate 67.7 ETH for 6 teachers
8.11.2022
TinyTap’s first-ever publisher NFTs were all sold off, lock, stock, and barrel. However, this helped bring home an amount of 138.926 ETH, equivalent to U S $228,000. Incidentally, all the amount generated due to the sale will ultimately be distributed amongst six selected teachers, per the plans....
Crypto Fraudsters Bait Victims with Promises of Free ETH and Rolex Watches
7.11.2022
The ringleaders of a South Korean crypto fraud ring that sucked victims in with promises of Rolex watches and etheruem (ETH) giveaways have been sentenced to jail.
Money Today reported that three individuals were sentenced at a branch of the Seoul Central District Court’s Criminal Division...
BC.GAME invests 700 ETH in NFTs for a better Metaverse
7.11.2022
BC.GAME has invested 700 ETH in multiple NFTs with the ultimate goal of boosting the metaverse and iGaming sector. The ETH amount has been spread into 5 BAYC, 3 CryptoPunks, 1 Clonex, 2 Azuki, and 3 latest Art Gobblers. The cost of 700 ETH is believed to help the crypto industry provide a better...
Bitcoin Price and Ethereum Might Recover, CHZ and APE Rallies
6.11.2022
The Bitcoin price consolidated near the $21,158 level on November 6, but a closing of candles above the $21,000 level has increased the odds of a bullish trend continuation. Whereas Ethereum is also struggling below the $1,665 resistance level, it is now attempting to complete a retracement at...
Bitcoin Price and Ethereum Prediction – Triangle Breakout Set to Drive 10% BTC Pump
5.11.2022
On November 5, the Bitcoin price exhibited a sharp bullish trend, following the bullish breakout of descending triangle pattern. So far, BTC is up more than 5% to $21,375, and the technical outlook is signaling more upside potential.
Similarly, Ethereum is following in the footsteps of Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, as NFP Report Looms
4.11.2022
Cryptocurrency prices rebounded on Friday, as markets prepared for the latest U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs will have been added to the United States workforce, which comes as job openings once again trended higher. Bitcoin moved away from a recent floor...
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
4.11.2022
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand...
Fidelity offers retail investors commission-free BTC and ETH trading
3.11.2022
Fidelity Crypto will focus on Bitcoin and Ether initially. The brokerage will make money by charging a 1% spread on trades