Ethereum lost more than 10% of its value within the last 12 hours dropping from a $42 billion market capitalization to a current low of $38 billion. Investors were unsure if Ethereum was forming a bear flag which formed its flag pole On September 1 and the upwards consolidation period started on Read more…
Ethereum was trading at $370.46 by 22:20 (02:20 GMT) on the Investing Index on Thursday, up 10.08% on the day. It was the largest one-day percentage gain since August 1. The move upwards pushed Ethereum’s market cap up to $41.31B, or 12.26% of the total cryptocurrency market cap. At its highest, Read more…
Ethereum price has seen quite a bit of volatility over the last month, and especially in the last two weeks. The coin saw a massive surge, followed by just as strong correction, that took it down by quite a bit. Right now, the coin seems ready to begin a recovery, Read more…
A cryptocurrency exchange in Slovakia is the latest platform to be victimized by hackers. This time, hackers made off with more than 5 million dollars according to early assessments by researchers at The Block. The victim, Eterbase, is a relatively small exchange with a trading volume of around $3 million Read more…
Binance pioneers XRP derivatives Bitcoin Futures turns one Binance Futures, the futures trading platform of the world’s largest cryptocurrency exchange by reported trading volumes, is set to launch two new perpetual contracts for XRP and Ethereum Classic (ETC), according to its Tuesday announcement. The contracts will be paired against the USD Read more…
Ethereum’s growth in the year 2020 has been quite astounding. Not only has the decentralized finance platform built on top of it prospered, but the integration of prominent stablecoins like Tether [USDT] has contributed to the same too. While the onboarding of projects did attract a lot of interest from crypto-users, Read more…
A recent report released by Chainalysis revealed how U.S officials including the FBI, among other agencies, investigated the recent case of cryptocurrencies stolen by the Lazarus Group, a North Korea-affiliated hacker group. It was published soon after the U.S. Department of Justice forfeited 280 crypto-accounts involved in the laundering of approximately $28.7 million worth Read more…
The correlation between Ethereum and Bitcoin has dropped off, data from Skew shows. It could suggest that the market is maturing as it enters a new phase. Researchers at Skew said: “Short-term correlation between Bitcoin and ether is dropping further. Is this officially the end of a nearly three years long Read more…
The Ethereum Foundation has released its staking launchpad, which helps users set up their own validator node in preparations for ETH 2.0. By staking ETH, users will eventually be able to earn interest on their holdings and contribute to the security of the Ethereum network. Last Step Before Mainnet Ethereum’s new launchpad Read more…
The key cryptocurrency pairs collectively opened higher and then strengthened to start the new week. Bitcoin (BTCUSD) broke the 10,000 mark four times and recorded 10,200, for an intraday increase of more than 3%; Ethereum (ETHUSD) opened higher at 310.01 and recorded a rise of more than 5% to 326.60; Litecoin (LTCUSD) opened higher at 46.93 and rose Read more…