Crypto news

Just four days ago, one Bitcoin was trading for over $12,000. However, the cryptocurrency markets followed the global markets, and as of writing these lines Bitcoin fights to close the daily candle above $10,000.If the bad blood coming from the equity markets was not enough, then came the SUSHI sell-off by its creator. This led the defi tokens, mainly Ethereum, to severe drops, which did not skip Bitcoin as the primary cryptocurrency.As of now, Bitcoin marks $9850 as of today’s low, which is...

Earlier on Saturday, the lead developer behind the popular Sushiswap protocol sold all of his tokens, causing a massive drop upwards of 50% in the token’s price.Elsewhere, the entire cryptocurrency market is feeling the pressure as the total capitalization is down by more than $11 billion in the last few hours.Sushi Seloff Headstarts a Market CollapseCryptoPotato reported earlier that the lead developer of the popular Uniswap fork, Sushiswap, swapped all of his tokens for ETH. In a trade...

Bitcoin has been having a hard week. Following a meteoric rise to $12,000 that lasted what felt like five seconds, the currency dropped deep into bearish territory, slipping initially into the low $11,000 range. From there, the currency was trading for about $10,800, while today, another $500 drop has occurred, bringing BTC down to about $10,300.Bitcoin Is Slip, Sliding AwayOverall, bitcoin has lost close to $2,000 in just the past few days alone, and many analysts now say that the world’s...

With the latest bitcoin crash making headlines, many analysts are sharing their opinions on social media and on related platforms to try and give traders and crypto enthusiasts an idea of where the currency will potentially go in the coming weeks and months.Mike McGlone on Bitcoin: Where Will It Go?Recently, the Winklevoss Twins stated that bitcoin could reach a price of $500,000 in the future. They laid their case out, and it appears to be a very solid case considering Bloomberg analyst Mike...

This week has been great for SushiSwap’s leading developer, not so much for the token hodlers. A few hours ago, Chef Nomi, the anonymous character behind the project, sold all his tokens and cashed out.The self-proclaimed “head chef” sold millions SUSHI tokens over the weekend. Money is a “Distraction”Following what many call a rug pull, the token’s price has dropped more than 50%. The move caused strong reactions within the community, especially from critics and analysts who rushed to call...

Bitcoin has crashed again. The world’s number one cryptocurrency by market cap is now trading in the $10,300 range, meaning it’s roughly $2,000 less than where it was just a week ago when it rose beyond the $12,000 range.Bitcoin Has Fallen Even FurtherWhat could have caused bitcoin to fall so suddenly? Why now, and why such a big drop? Clearly, bitcoin wasn’t happy just falling back into the $11,000 range. It had to retreat further and lose all its gains since the announcement that banks...

A recent report indicated that as proof-of-work-based cryptocurrencies such as Bitcoin and Monero were increasing in value in 2020, the cryptojacking cases worldwide have surged after a year of continuous decline.Cryptojacking On The Rise In 2020The term cryptojacking refers to when an unauthorized person gains access to a computer for mining (or minting) digital assets. These attacks can sometimes be so precise and critical that the victim fails to comprehend what is draining his device’s...

The only way to know if Ethereum can outperform Bitcoin in 2020 or 2021 is to ask — is Ethereum a good investment? Because a good investment is more than just the price of something versus something else. A good investment requires a number of boxes to be checked. Let’s see how many of these boxes Ethereum can check off. Ethereum’s Price — Is it Accurate? The price of an investment should reflect its value. If the price is lower than it’s value then an investor will typically...

Der BTC verliert erneut. Zwischenzeitlich fiel der Kurs des Marktführers sogar wieder in den 4-stelligen Bereich – mit einem Abfall von ungefähr 12 Prozent in der Spitze. Wie weit geht es noch runter für den Bitcoin?Bitcoin News: Wie weit wird der Bitcoin noch abfallen?Auf bis zu 9.750 US-Dollar ging es wieder runter, wodurch das Plus der letzten Wochen pulverisiert wurde. Analysten sehen genau bei diesem Preis jedoch eine sichere Long-Position:We’ll get a glorious $btc long in at 9.6k okay?...

The number of web developers building applications on Ethereum has increased year-on-year since 2018. According to data from npm.stat, which displays the number of times a JavaScript code library has been downloaded, more Ethereum-specific code packages were downloaded in 2020 than in 2018 and 2019 combined.Ethereum ‘Buidlers’ Keep on BuildingThe two most commonly used JavaScript libraries in Ethereum are Ethers.js and Web3.js. Seen below, courtesy of ChainShot.com, the use of both code...