14:30 Bitcoin, Ethereum Technical Analysis: BTC Back Above $23,000 Following Tesla Q4 Earnings Report
Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet Ethereum corrected lower sharply and tested $1,500 against the US Dollar. ETH started a fresh increase and is now trading above the $1,600 pivot level. Ethereum is gaining pace above the $1,580 and $1,600 levels. The price is now trading above $1,600 and the 100 hourly simple moving average. There was a break above a […]
Proof Founder Kevin Rose Just Had Over $1M Worth of NFTs Stolen From His Wallet The crypto world still feels like the Wild West at times, especially when even seasoned Web3 creators and NFT collectors fall victim to exploits that typically claim less-experienced traders. That happened again Wednesday afternoon as Kevin Rose, co-founder of Moonbirds creator Proof, said that his Ethereum wallet was “hacked” after valuable assets were swiped. A […]
Nifty Gateway Co-Founders Step Down as Cock Foster Twins Seek to Start New Company Co-founders of NFT Marketplace Nifty Gateway Duncan and Griffin Cock Foster announced their departure from Gemini Wednesday as the set of high-profile twins prepares to embark on a new venture. The twins’ departure comes after launching the startup five years ago and selling Nifty Gateway to cryptocurrency exchange Gemini in June of 2019, long before […]
Ethereum Price Analysis & Prediction (Jan 25th) – ETH Soars to 3-Month High Amid Fresh Market Recovery But Facing Rejection As Bitcoin breaks higher, major altcoin like Ethereum is seriously driving more into greens. As a result of this, the bulls have continued to take the bears by surprise as Ethereum soared to a 3-month level. Just as expected, Ethereum found support above $1,500 and bounced higher to the important level of $1,678. This level […]
Number of New Ethereum Smart Contracts Falls 60% in 2023 Ethereum prices might be solid, and bulls are looking to drive the coin toward $1,700, but on-chain data points to dropping activity from developers judging from the number of new smart contracts deployed in the first three weeks of January. Number Of Smart Contracts Deployed On Ethereum Falling The number of new smart contracts deployed […]
Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support Ethereum started a downside correction below $1,600 against the US Dollar. ETH is down over 6% and remains at a risk of a drop below the $1,480 support. Ethereum is showing a few bearish signs below the $1,600 and $1,580 levels. The price is now trading below $1,600 and the 100 hourly simple moving average. […]
Firm Taps NFTs to Token Gate Bars, Bathrooms at Mardi Gras Finding a decent bathroom amid the chaos and revelry of Mardi Gras can be tricky. But this year, when you gotta go, at least one venue in New Orleans will be happy to let you use theirs—if you have the NFT pass. Several perks offered as part of a new Mardi Gras-themed NFT collection coming […]
Actor and Filmmaker David Bianchi Previews His Web3 Series ‘RZR’ As Hollywood continues rolling out the red carpet for awards season, another red carpet rolled out Monday night for Web3 as actor and filmmaker David Bianchi invited celebrities and guests to attend a public table reading for his upcoming series, “RZR.” “I am absolutely convinced that within the next three to five years, everything that […]
80% Of Uniswap Holders Support BNB PoS Chain For Deploying V3 Protocol Uniswap (UNI), a decentralized protocol, is ready to roll out the third version of its platform. The protocol aims to provide a suitable platform where users can seamlessly swap ERC-20 tokens without using an order book. For the v3 launch, the protocol carried out a ‘temperature test’ for a possible blockchain to use. The proposal […]
Are DeFi Degens in Good Hands? Insurance Companies Want to Help Distressed crypto markets might finally give DeFi insurance a chance to flourish, but only if it can overcome some headwinds. At the moment, less than 1% of all the assets in the $47 billion DeFi ecosystem are covered by a policy that’ll help replace them after a hack or code error. That was also true […]
How the Porsche NFT Drop Crashed and Burned A major player like auto brand Porsche entering the Web3 space is typically a cause for celebration among NFT collectors. However, pre-launch concern quickly evolved into a 1,800-NFT pileup this week when Porsche’s pricey NFT drop fell well short of selling out, forcing the brand to announce plans to shift gears and cut the supply. […]
Here’s how portfolios of crypto prominent figures and VCs performed in 2022: analysis Until the very end, 2022 proved to be a hard year for the cryptocurrency industry and resulted in the bankruptcy of many companies and investors — but how did portfolios of top institutions and insiders perform? Vitalik Buterin — a co-founder of ethereum (ETH) and the unquestionable frontman of the ecosystem — held $1.3 billion […]
Ethereum futures and options data reflect investors’ growing confidence in ETH price The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late August 2022 and again in early November 2022. Ether/USD price index, 2-day. Source: TradingView From one side, traders are relieved that Ether […]
Ethereum vs. Bitcoin: ETH price risks 20% drop if key support level breaks Ether's (ETH) rally versus Bitcoin (BTC) is not only showing signs of exhaustion, but is also in danger of breaking below a key technical support level. ETH slides vs. BTC in second half of January The ETH/BTC pair declined nearly 9.25% on Jan. 24 from its local top of 0.0779 BTC established on Jan. 11. […]
Ethereum Developers Commence Finalizing Shanghai Upgrade ‘Shadow Fork’ for Testing and Bug Identification Ethereum developers have begun finalizing the Shanghai upgrade “shadow fork,” according to software engineer Marius van der Wijden. The “shadow fork” will serve as a testing environment for the Shanghai upgrade, allowing developers to identify bugs and any potential issues. Ethereum’s Shanghai Upgrade ‘Shadow Fork’ Launches As the cryptocurrency community awaits the upcoming Shanghai hard […]
Over 50% of Genesis portfolio is ETH Out of the over $414m of Genesis portfolio assets, 74% are ethereum (ETH) and ERC-20 tokens, on-chain data from Jan. 23 shows. Genesis assets According to the data, 51.4% of Genesis’ assets are ETH, while 32.68% are USDC. ETH is the native token of the second most valuable cryptocurrency network, Ethereum. USDC is the fiat-pegged stablecoin […]
Ethereum Could Benefit From Stealth Addresses Implementation, Says Vitalik Buterin Ethereum co-founder Vitalik Buterin published a research post that suggests using stealth addresses to enhance privacy-preserving transfers. Buterin detailed that stealth addresses can be implemented fairly quickly today on Ethereum and would significantly boost user privacy on the blockchain network. Buterin Suggests Stealth Addresses as a Solution to the Privacy Challenges in Ethereum Ecosystem Three […]
Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment applications, increasing their transparency. Bank of […]
Ethereum Price Consolidates Below $1,650 As The Bulls Aim Another Rally Ethereum climbed further higher above $1,620 against the US Dollar. ETH is consolidating gains and might aim another rally towards the $1,720 level. Ethereum is correcting gains from the $1,655 and $1,665 resistance levels. The price is now trading above $1,600 and the 100 hourly simple moving average. There was a break below a key […]
Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40% On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise has led to the crypto asset’s dominance level surpassing the 40% region among […]
