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Ethereum Price Analysis: ETH Holds Key Uptrend Support

Ethereum price started a downside correction from the $2,135 resistance against the US Dollar. ETH price is now trading below $2,050 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $1,975 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $1,975 support zone. Ethereum price is declining below $2,050 against the US Dollar. ETH/USD remains at a risk of more...

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Ripple (XRP) Tops an Important List on a Popular Exchange

TL;DR XRP Leads on Uphold: Ripple’s XRP has become the most traded digital asset on Uphold, surpassing major cryptocurrencies like Bitcoin and Ether, with significant user engagement. Dominance in U.S. Markets: Earlier, XRP emerged as the most traded altcoin on US-based cryptocurrency exchanges, indicating its growing popularity. Ripple-Uphold Partnership: The partnership between Ripple and Uphold has led to promotional activities like increased XRP airdrops and giveaways....

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Binance Futures Unveils Its Grand Trading Tournament with $2 Million USDT in Prize

Alongside the traditional trading competition, Binance futures participants can engage in a Copy Trading Competition and a Trading Bots Competition. On Monday, September 27, Binance Futures, the leading crypto derivatives exchange globally, has unveiled the highly anticipated Binance Futures Grand Trading Tournament. Boasting the largest prize pool in the tournament’s history, participants have the chance to compete for up to $2 million in USDT. In an exciting development, this edition of...

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KyberSwap Recovers $5.7M from $47M Hack, Gives Hackers 10% Bounty

KyberSwap has stated that it will continue to cooperate with law enforcement and cybersecurity experts to recover user funds and track down the perpetrators of the attack. The KyberSwap team has recovered approximately $5.7 million after last week’s $47 million hack on KyberSwap liquidity pools on Polygon and Avalanche. The company announced that it has negotiated a return of 90% of the user funds, with the remaining 10% serving as a bounty for the hackers. “The KyberSwap team has been in...

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Ethereum Co-Founder Outlines Roadmap for Improving ETH Network’s Staking and Upgrades

Buterin also touched on the roadmap for Ethereum’s technical upgrades, referring to an imminent transition called ‘Danksharding’ that expands data availability and enables more transactions per block. Speaking recently at the Turkey Blockchain Summit, Ethereum co-creator Vitalik Buterin discussed some of the platform’s plans for enhancing decentralization around staking while providing updates on upcoming network changes aimed at boosting usage capacity. Recognizing the growing...

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TRON Appears at Center of Militant Financing in Israel-Hamas War

Israeli security agencies note that the Tron network has become the preferred platform for crypto transfers by militant groups linked to Palestine, Hamas, etc. In Israel’s ongoing battle against the financing of Iran-backed militant groups such as Hamas and Hezbollah, a previously less scrutinized crypto network Tron has emerged as a significant player. Surpassing Bitcoin in terms of transaction speed and cost-effectiveness, the Tron network has become the preferred platform for crypto...

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Stellar Lumen (XLM) Price Signals Downtrend Below $0.120

Stellar lumen price is gaining pace below the $0.124 resistance zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line forming with support near $0.1205 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1165 support zone in the near term. Stellar lumen price is trading below $0.1250 against the US Dollar, like Bitcoin....

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XRP Price Analysis: XRP At Risk of Drop Toward $0.50

XRP price started a fresh decline below the $0.620 zone against the US dollar. The price is now trading below $0.600 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support at $0.6125 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.588 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could decline...

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TokenFi Rolls Out Easy Token Launch Solutions on Ethereum Goerli

Despite its positive trajectory, TokenFi has encountered challenges, particularly with Bitget’s recent decision to delist TOKEN from its platform amidst allegations of price manipulation. TokenFi, a sister project to the popular meme token Floki Inu, has announced the launch of its groundbreaking initiatives, marking a significant step in democratizing the process of token creation within the cryptocurrency market. According to an announcement on X, the platform has rolled out two new...

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Bitcoin Cash Analysis: Downtrend Resistance Sits at $230

Bitcoin cash is attempting a recovery wave from the $213 zone against the US Dollar. The price is now trading below the $230 zone and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $229 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $229 and $230 to start a steady upward movement in the near term. Bitcoin cash price is rising from $213 against the US Dollar, like...

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