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Banking Behemoth's Crypto Wallet, Ethereum Outflows, Bitcoin's Milestone, Cheap NFT Ape + More News
13.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Banking Behemoth's Crypto Wallet, Ethereum Outflows, Bitcoin's Milestone, Cheap NFT Ape + More News
Ethereum (ETH) is Consolidating After a Long Bullish Run!
13.12.2021
Ethereum is the second most popular cryptocurrency after Bitcoin. Indeed it is backed by large corporations such as Microsoft, JP Morgan, and Intel. It means that ETH has a great future ahead, and it offers some unique features and applications. Ethereum is a blockchain computing platform that...
Crypto Market Sentiment Drops Again, Bitcoin Out of Positive Zone
13.12.2021
After hovering above the border between the scores of 4 and 5 for about a month, the market sentiment dropped below 5 over the past week. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stands today at 4.96, while a week ago it stood at 5.18...
Bitcoin and Ethereum Bears Remain In Control, OHM and SUSHI Rally
13.12.2021
Bitcoin price settled below the USD 50,000 pivot level. BTC could extend losses below USD 47,200 if it stays below USD 50,000. It is currently (11:54 UTC) showing bearish signs below USD 48,900, and only a close above USD 52,000 might start a steady increase.
Similarly, most major altcoins...
Hacked AscendEX to Reimburse Users, Says 'Relatively Small Percentage' Impacted
13.12.2021
Crypto trading platform AscendEX, formerly known as BitMax, which was hacked for an estimated USD 78m worth of digital assets on Saturday, intends to "100%" reimburse all the affected users.
Updating users on the incident, the AscendEX team said that hackers compromised one of the exchange's...
Bitcoin and Ethereum Consolidate Losses, DOT, LUNA, and AVAX Gain Momentum
13.12.2021
Bitcoin price attempted a recovery wave above USD 50,800 zone but failed to continue. It is currently (04:27 UTC) trading near USD 48,800, with a key support at USD 48,500.
Similarly, most major altcoins are struggling to recover. ETH could extend losses if there is a close below USD 3,880. XRP...
ZK-rollups step into the limelight after the quest to scale Ethereum evolves
13.12.2021
ZK-rollups become the latest trending solution for scalability on the Ethereum network as developers strive to increase throughput capabilities while decreases transaction costs
Ascendex Hacked — Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens
12.12.2021
Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse...
Peter Molyneux's Next Game Is A 'Blockchain Business Sim' Featuring NFTs Because The Future Sucks
12.12.2021
Have you been wondering what ol’ Peter Molyneux has been up to lately? Well, in a move that very few will find surprising, the infamous designer is jumping into the world of blockchain gaming and NFT bullshit. His next game, Legacy, is built entirely around the technology and “crypto gaming.”Read...
3 reasons why Ethereum price can drop below $3K by the end of 2021
12.12.2021
The bearish setup appears amid growing divergence between the Ether price and momentum
Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’
12.12.2021
On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup”...
How Global Economy Might Affect Bitcoin, Ethereum, and Crypto in 2022
12.12.2021
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The crypto market has had one of its best years on record, and it largely has the global macroeconomic environment to thank for this. With inflation rising and interest rates historically low, those of us fortunate enough to have savings have looked for somewhere more profitable...
Rich Dad Poor Dad’s Robert Kiyosaki Insists Depression Is Coming – Predicts ‘Gold, Silver, Bitcoin, Real Estate Will Crash Too’
12.12.2021
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready to buy all four types of investments after the crash. Robert...
Ethereum Co-Founder Vitalik Buterin Publishes ‘Plausible Roadmap’ Addressing Scalability
11.12.2021
In recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a blog post called “Endgame,” published on December 6, the co-founder of Ethereum, Vitalik Buterin discussed plans to improve scaling, the upcoming...
Gitcoin Deactivates Grant for Farsi Speaking Communities Due to U.S. Sanctions
10.12.2021
Gitcoin, an organization that helps fund open source projects around the Ethereum blockchain, has deactivated a grant due to it being directed to individuals from a sanctioned country. The grant, called “Free Smart Contract Development Course for Farsi Speaking Communities,”...
Virtue Gaming launches play-to-earn crypto model to bring online poker to US players
10.12.2021
The platform is backed by World Poker Tour champion and professional poker celebrity Phil Ivey
Bitcoin and Ethereum Hold Support, Altcoins Consolidate
10.12.2021
Bitcoin price started a fresh decline below the USD 48,500 support. BTC even traded below USD 48,000, but it remained stable above USD 47,500. It is currently (12:18 PM UTC) recovering, but there are many hurdles near USD 49,500 and USD 50,000.
Similarly, most major altcoins are trying...
Crypto.com to Support Ethereum Arrow Glacier Network Upgrade
10.12.2021
Crypto.com recently announced its support of the Ethereum Arrow Glacier Network upgrades. The well-known crypto and payment platform suspended the withdrawal and deposit functionalities for Ethereum on 9th December to support the upgrade. It has not been long since Ethereum released...
Ross Ulbricht NFT Collection Raises Over $6 Million in Ethereum, Free Ross DAO Wins Auction
10.12.2021
The Ross Ulbricht Genesis non-fungible token (NFT) collection auction has come to an end and the auction winner was the “Free Ross DAO,” backed by the Pleasrdao project. The NFT collection raised 1,446 ether or $6.27 million at the time of settlement. Free Ross Decentralized...
Ethereum, Major Altcoins Drop Against Bitcoin
10.12.2021
Bitcoin price failed to clear the USD 50,000 resistance zone and corrected gains. BTC traded below the USD 49,000 support level. It is currently (04:26 UTC) showing bearish signs near USD 48,500 and is down over 2% in a day....
Read More: Ethereum, Major Altcoins Drop Against Bitcoin