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DeFi platforms see profits amid FTX collapse and CEX exodus
16.11.2022
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency
Price analysis 11/16: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTC
16.11.2022
The recovery in BTC and altcoins fizzled out fast, suggesting that investors continue to maintain a risk-off stance to all cryptocurrencies
Ethereum Price Prediction as Bulls Target 30% Move – Pump Incoming?
16.11.2022
The Ethereum price is currently in the red, along with the wider crypto markets, as the market continues to deal with the knock-on effects of the FTX collapse. However, recent price action suggests that bulls are looking for a 30% move to the upside.
The House Financial Services Committee...
Ethereum price weakens near key support, but traders are afraid to open short positions
16.11.2022
ETH price hovers at a key support level and while it is softening, data shows pro traders are reluctant to go short
StarkWare Deploys StarkNet Crypto Token on Ethereum Blockchain
16.11.2022
The tokens are not yet available for sale
Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days
16.11.2022
Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi...
Matter Labs Nets $200M to Build zkSync Ethereum Scaling Platform
16.11.2022
A week after zkSync V2’s “baby alpha” launch, Matter Labs said it would open-source its code and push for improved standards around rollup development
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
16.11.2022
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets React to Missile Exploding in Poland
16.11.2022
Ethereum moved into the red on Nov. 16, as markets became nervous, following a missile accidentally exploding in Poland. Fears grew of potential escalation in the war between Russia and Ukraine, as the missile hit Poland, which is a NATO-backed country. Poland and NATO have both downplayed...
Bitcoin Price Prediction as Ukraine Conflict Escalation Fears Send Prices Lower – Time to Buy the Dip?
16.11.2022
A few hours ago, Bitcoin attempted to break the $17,000 barrier but was stopped by the release of UK inflation figures. Most alternative cryptocurrencies are also slightly down today. SBF, the former CEO of FTX, has been venting on Twitter about how he plans to make customers whole and how he plans...
Bitcoin Price and Ethereum Unchanged, Chiliz Rockets 16%
16.11.2022
Bitcoin is mostly unchanged on November 16 as it continues to consolidate below the 23.6% Fibonacci retracement level of $17,200, which is now acting as resistance. Ethereum, the second-most valuable cryptocurrency, is also trading sideways, with a price range of $1,200 to $1,285....
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FTX hacker is now the 35th largest holder of ETH
16.11.2022
The exploiter's Ethereum haul is worth an estimated $288 million at current market prices
Elliptic Analysis Says $477 Million Stolen From FTX, ‘Accounts Drainer’ Becomes 35th Largest ETH Holder
15.11.2022
Three days ago, on Nov. 11, 2022, it was reported that FTX’s wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confirmed there were “unauthorized transactions.” A report by...
Bitcoin, Ethereum Technical Analysis: BTC Climbs to $17,000 as Weaker USD Overshadows SBF’s Cryptic Tweets
15.11.2022
Bitcoin was trading marginally higher on Nov. 15, as the U.S. dollar continued to weaken, dropping to multi-month lows versus several G7 currencies. The decline of the dollar overshadowed tweets from FTX’s Sam Bankman-Fried, who cryptically tweeted “What happened” to his...
Ethereum Price Prediction as ETH Pumps 15% From Recent Crash – Here’s Where It’s Headed Next
15.11.2022
The ethereum price has risen by 1% in the past 24 hours, with its current level of $1,269 marking a 15.8% rebound since reaching a five-month low of $1,095.18 on Thursday. This low came amid fallout from the FTX collapse, which continues to threaten the market with the possibility...
Bitcoin Price and Ethereum Hold Strong, Cronos Pumps 25%
15.11.2022
On November 15, Bitcoin bounced off a support level of $15,800 along with resistance near $17,150, gaining more than 5%. On the other hand, Ethereum, the second-most valuable cryptocurrency, has recovered over 6% in the last 24 hours to trade at $1,257....
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Elon Musk: Bitcoin Will Make It — Dogecoin to the Moon
15.11.2022
Tesla CEO and Twitter chief Elon Musk has made bullish statements about bitcoin and dogecoin despite crypto market sell-offs. He said bitcoin “will make it” and “DOGE to the moon.” Amid crypto winter and the chaos surrounding bankrupt crypto exchange FTX, Musk believes...
FTX collapse followed by an uptick in stablecoin inflows and DEX activity
14.11.2022
Investors piled into stablecoins following FTX’s collapse and an uptick in DEX activity suggests a rising interest in self-custody options
Is GPU mining profitable after the Ethereum Merge?
14.11.2022
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
14.11.2022
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency...