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Price analysis 8/13: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, SOL, LTC
13.8.2021
The sharp rebound in Bitcoin and most major altcoins proves that traders are buying aggressively on every minor dip
Ethereum alone not enough to disrupt Big Tech: Jack Dorsey
13.8.2021
Twitter CEO Jack Dorsey is doubling down on his Ether-skepticism by downplaying the network's potential to shake up the world of the social media giants
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
13.8.2021
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help...
Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago
13.8.2021
Over three years ago, a Netherlands native made headlines when he told the world he and his minimalist family sold everything for bitcoin. At that time, Didi Taihuttu and his family sold their home, valuables, and vehicles in order to accumulate the digital asset. Taihuttu recently discussed...
Ethereum price drops below $3K, but ETH options data reflects optimism
13.8.2021
$430 million in ETH options expire on Friday and derivatives data shows that bulls are in control and planning to push prices higher in the short term
Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Millions in Defi Tokens
12.8.2021
Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions worth of ether, thousands of uni tokens, 1,032 wrapped bitcoins, and 96 million in stablecoins. The day prior, after returning...
Here's How The Bitcoin Family Secures Their BTC, ETH & LTC Fortune
12.8.2021
The Bitcoin Family. Source: a video screenshot, Youtube, The Bitcoinfamily
The Bitcoin Family has risen to international prominence after the Dutch family of five (parents Didi and Romaine Taihuttu, and their children Joli, Juna, and Jessa) sold everything they owned, including their house, in 2017...
Ethereum’s London hard fork sets ETH on a more deflationary path
12.8.2021
The London hard fork sets Ethereum up for a new era as ETH price continues to make gains alongside a positive community reaction
Troop of Bored Ape NFTs Rises Above the Competition, BAYC Donates $200K in ETH to Orangutan Outreach
12.8.2021
While non-fungible token (NFT) assets have been raking in millions, numerous NFT projects like Cryptopunks, Meebits, and Bored Ape Yacht Club (BAYC) have been outpacing the competition. The BAYC NFT collectibles is a collection of 10,000 Bored Ape NFTs and just recently the project sales volume...
Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements
12.8.2021
On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker...
Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum
11.8.2021
The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order...
Price analysis 8/11: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, LINK, SOL
11.8.2021
Bitcoin and most major altcoins remain above their respective 200-day moving average but the market's momentum will depend on whether BTC can pierce the $48,000 level
Poly Network Hacker Returns $4.7M in Funds — Attacker Asks Devs to Unlock Frozen Tether Stash
11.8.2021
On Tuesday, the decentralized finance (defi) project Poly Network was hacked for over $600 million in digital assets. The attack was the largest defi hack to date eclipsing all of 2021’s defi hacks combined. The very next day, however, the hacker started to send funds back to the Poly Network...
Ethereum supply flips briefly into deflation as gas fees spike
11.8.2021
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far
Coinbase's Q2 profits top $1.6B as ETH volume surpasses BTC’s for the first time
11.8.2021
Coinbase beat analyst estimates in Q2, after it generated $2.23 billion in revenue compared to estimates of $1.78 billion
Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been a Billion’
10.8.2021
On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above...
Ethereum (ETH) Indicates a Possible Retest of an ATH
10.8.2021
Ethereum is the second-largest cryptocurrency in the world right now, with a market cap of $365 billion with a value of $3119 as of August 10, 2021. Over the last seven days, the ETH price has climbed by over 24%. Similarly, the bullish momentum has been retested as Ethereum broke its immediate...
The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
10.8.2021
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report...
Gold Rebounds After Sunday’s Flash Crash — Price Slide Blamed on Thin Trading Conditions, Leverage, Covid
9.8.2021
The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed...
Price analysis 8/9: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK
9.8.2021
Bitcoin’s break above the 200-day SMA suggests that the downtrend could be over and that may pull buyers back into altcoins