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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
Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts
9.8.2021
"If Bitcoin were to catch up to Ethereum's performance this year, the No. 1 crypto's price would approach $100,000," believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence
Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply
8.8.2021
According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects, the Wrapped Bitcoin protocol has 194,023 bitcoin-pegged ERC20 tokens in circulation. Over 250K...
Axie Infinity Hits 1 Million Daily Active Players, First NFT Project to Hit $1B All-Time Trade Volume
7.8.2021
The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily active players. Additionally, the game token utilized within the Axie Infinity gaming universe tapped an all-time high at $52 per unit 10 days ago. Despite...
Ethereum price soars above $3K into 'red zone' triggering sell-off fears
7.8.2021
An on-chain indicator, notorious for accurately predicting Ether tops, returns amid the ongoing price rally
Altcoin Roundup: Hodling Ethereum? Here’s how and where to stake your ETH
7.8.2021
The options for earning passive income from staking ETH continue to expand. Here are a few
Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Network Is Burning $16K in ETH per Minute
6.8.2021
The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London...
Price analysis 8/6: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK
6.8.2021
Bitcoin and most major altcoins are near critical overhead resistance levels, suggesting that the downtrend is very close to ending
Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
6.8.2021
One analyst says he is "not interested at all" in trading current levels as clear long-term resistance stays in play for both cryptocurrencies
TrustDice
6.8.2021
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Boomer brand changes NYSE ticker from 'ETH', acknowledging crypto’s ascendancy
6.8.2021
New York Stock Exchange (NYSE) listed company Ethan Allen Interiors Inc. has changed its ticker from “ETH” to “ETD” to avoid confusion with Ethereum
Vitalik: ‘More confident about the merge’ following ETH’s successful London upgrade
6.8.2021
The London upgrade has been a success, and now eyes are on the even more eagerly awaited merge with Eth 2.0
Ethereum network burns $395K ETH per hour after London upgrade
6.8.2021
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke
London is live and Ethereum bulls control Friday’s $357M ETH options expiry
5.8.2021
$357 million in ETH options expire on August 6 and bears don’t stand a chance given that every neutral-to-bearish put is underwater
Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K
5.8.2021
A sudden change of sentiment on lower timeframes gives bulls something to smile about after a downtrend is swiftly cancelled out
Ethereum eyes 3-week winning streak vs. Bitcoin as BTC price drifts below $39K
5.8.2021
Another comedown comes as bulls fail to recapture $40,000, adding to the curious contrast between spot price action and bullish on-chain metrics