A few days after being hacked and drained for $5.4 million worth of digital assets, the European cryptocurrency exchange Eterbase claimed that it had tracked part of the stolen funds to Binance, Huobi, and HitBTC.The company asked for assistance from those exchanges and reassured its users that Eterbase will endure.$5.4M In Crypto Stolen From EterbaseLaunched in 2019, Eterbase is a relatively small Slovakia-based platform that describes itself as “the first regulation-compliant European...
Read More »Bitcoin Continues to Chop Inside Tight Range, Can it Hold Above $10,000? (BTC Price Analysis)
Bitcoin’s price is still whipsawing between $10,420 and $9950, as of today, despite $11 billion which were flooding back into the global crypto market over the last 48 hours.It appears a vast majority of this new investment is pouring into Ethereum, which is enjoying a 7% daily price gain right now and is the best performing crypto-asset in the top 10 cryptos by market cap.According to recent Skew market data, there’s even been a notable uptick in ETH futures trading volume compared to BTC,...
Read More »Leaving Uniswap Behind: SushiSwap Holds 225% More In Total Value Locked Post Migration
Sushiswap has successfully migrated its liquidity away from Uniswap and the current numbers are interesting.Data shows that there’s currently around $1.3 billion of liquidity locked in Sushiswap where Uniswap only has around $400 million.SushiSwap Completing MigrationSushiswap, the Uniswap fork that took the DeFi space by a storm, has successfully completed its liquidity migration. The protocol is currently working on its own where liquidity providers no longer stake in Uniswap.The process...
Read More »EOS Price Analysis: Positive Signs Emerge Above $2.7
EOS is currently consolidating losses in a range above the $2.665 support against the US Dollar.The price is facing many hurdles near $2.850, $3.000, and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could nosedive if it continues to struggle near the $3.000 resistance zone.EOS price is showing a few recovery signs against the US Dollar, similar...
Read More »#967 Bitcoin Nachfrage steigt, DeFi User macht 250k aus $200 & staatliche Kryptowährungen
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 967. Im heutigen Video geht’s um folgende Themen: Bitcoin Nachfrage steigt weiter an, DeFi User macht 250k aus $200 & 3 Nationen führen bald staatliche Kryptowährungen ein. 1.) Bitcoin Nachfrage steigt weiter an – Grayscale erklärt wiesohttps://cryptomonday.de/bitcoin-nachfrage-steigt-weiter-an-grayscale-erklaert-wieso/ 2.) User von DeFi-Plattform macht aus 200 US-Dollar 250.000...
Read More »Ethereum Flips Bitcoin For Average Weekly Transfer Value
This year has certainly been a test of the Ethereum network, pushing it to its limits under unprecedented loads. Users have been disgruntled with sky-high gas fees, but other on-chain metrics have been good for the overall Ethereum ecosystem.Economic Activity SurgesA recent report by analytics firm CoinMetrics has revealed that Ethereum has flipped Bitcoin in terms of seven-day average weekly transfer, which has now reached $3.08 billion compared to $3.01 for BTC.ETH’s 7-day average adjusted...
Read More »Litecoin (LTC) Price Analysis: Fresh Bullish Breakout Likely Above $50
Litecoin price is currently consolidating losses above the $45.00 and $46.00 support levels against the US Dollar.LTC price is currently testing the $49.20 resistance level and it is well below the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $49.25 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $49.50 and $50.00 resistance levels to move into a positive zone.Litecoin price is currently...
Read More »Gemini Exchange Partners with Options for Added Security and Management
Options – which provides cloud services to financial firms all over the world – has announced it will be entering the crypto foray through its new client the Gemini Exchange in New York.The Gemini Exchange Is Becoming More Safe and SecureOptions has tied itself to monetary systems and companies across the globe. Among the services it offers are management solutions, market hosting, TCO reduction and top-of-the-line cybersecurity. Thus far, the company can claim more than 40 clients situated...
Read More »How a Phone Seller in Africa Changed His Business with BTC
Bitcoin is once again proving itself to be a major commodity on the continent of Africa. One small business owner – Abolaji Odunjo – can offer a testament to the cryptocurrency’s power. As a mobile phone provider, he recently did the unthinkable… He began paying his phone suppliers in bitcoin.Africa Continues to Remain Attractive to BTC EnthusiastsAt first, this might seem like a very risky move for both parties involved. For one thing, bitcoin remains very volatile, which means there’s...
Read More »This Support Level is Critical for XRP, What’s Next? (Ripple Price Analysis)
XRP saw a small 2.5% price increase today as the support at $0.236 continues to hold firm.The coin is trapped between $0.228 and $0.236 for the past 4-days of trading.Against Bitcoin, the 100-days EMA continues to show its strength as the bears fail to close beneath it.XRP/USD – Bulls Vehemently Defend $0.236 Support.Key Support Levels: $0.236, $0.22, $0.216.Key Resistance Levels: $0.244, $0.25, $0.264.After dropping from $0.3 earlier in the month, the bulls managed to defend the support at...
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