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Bitcoin and Ethereum Still Rangebound, ATOM and QNT Rally
4.2.2022
Bitcoin price started a downside correction below the USD 38,000 level. BTC even traded below USD 36,500, but there was no test of USD 36,000. It is currently (04:11 UTC) recovering and trading above USD 37,300.
Similarly, most major altcoins are also moving higher. ETH spiked below USD 2,600...
Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit
4.2.2022
On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
3.2.2022
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established...
Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns
3.2.2022
Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declined during today’s session. Solana was also in the red, trading nearly 15% lower today. Bitcoin Following Wednesday’s drop in prices, BTC/USD declined for the second consecutive session...
Solana price 'bear flag' paints $50 target as Wormhole hack exposes security hole
3.2.2022
The bearish continuation setup could push Solana price dropping to nearly $50 in the sessions ahead
Bitcoin and Ethereum Move Lower, QNT Rallies
3.2.2022
Bitcoin price started a downside correction below the USD 38,000 level. BTC even traded below the USD 37,000 level. It is currently (11:53 UTC) struggling to rise above the USD 37,500 resistance level.
Similarly, most major altcoins are facing hurdles. ETH could accelerate if there is a clear...
BTC, ETH, and NFT Won’t Be Legalised, Says Finance Secretary of India
3.2.2022
India has always been one of the few countries that have expressed hostility towards cryptocurrencies as a threat to the nation’s economy. In a public speech a few months ago, the prime minister of India, Narendra Modi, expressed the government’s stance against decentralized finance....
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
3.2.2022
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been...
Bitcoin and Ethereum Trim Gains, Altcoins Drop Even More
3.2.2022
Bitcoin price failed to make a move towards the USD 40,000 resistance. BTC started a fresh decline from USD 39,200 and declined below USD 37,000. It is currently (04:11 UTC) down 4% and there is a risk of more losses below USD 36,800.
Similarly, most major altcoins are moving lower. ETH topped...
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
3.2.2022
Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network...
Price analysis 2/2: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
2.2.2022
Bitcoin and altcoins took an unexpected dip today, signalling that even with $40,000 in sight, the overall sentiment remains negative
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates After Yesterday’s Rally
2.2.2022
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD followed up yesterday’s rally with a weak showing on Wednesday, falling by as much...
Smaller Altcoins Extend Gains while Bitcoin and Ethereum Look for Direction
2.2.2022
Bitcoin price is currently (11:58 UTC) consolidating near the USD 38,500 level. If the bulls remain active, the price could rise towards the USD 40,000 level.
Similarly, most major altcoins are attempting a key upside break. ETH could accelerate higher if there is a move above USD 2,800. XRP might...
Kiss this: You can buy Gene Simmons’ Las Vegas mansion with crypto
2.2.2022
The Israeli-American musician has been a long-time supporter of crypto, and says he will accept payments in a number of cryptocurrencies including BTC, ETH, and LTC for the sale of his $13.5 million Nevada mansion
Bitcoin and Ethereum Still Consolidate, ETC and LEO Rally
2.2.2022
Bitcoin price started a steady increase above the USD 38,000 resistance. BTC even traded above the USD 38,800 but faced sellers near USD 39,200. It is currently (04:19 UTC) consolidating, with a strong support near USD 37,800.
Similarly, most major altcoins are showing positive signs. ETH spiked...
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet
1.2.2022
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further...
First cross-chain governance proposal passes on Aave
1.2.2022
"It's a major step forward in multi-chain governance systems," said the team at Aave
Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet
1.2.2022
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds...
$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
1.2.2022
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3
Bitcoin, Ethereum Technical Analysis: Ethereum Surges 10% to Start February
1.2.2022
Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close to 10% higher as of writing, with bitcoin gaining almost 4% today. Bitcoin Bitcoin, which fell by as much as $16,000 last month, has recently started to regain...