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Ethereum (ETH)

Pre-Halving Rally: Why Green Bitcoin and Bitcoin Minetrix are Going Up?

The pre-halving rally is taking new turns. Despite the short-term downticks, analysts are optimistic that established cryptocurrencies will reclaim their all-time highs in the coming weeks. But new crypto coins with low initial market caps are stealing the spotlight. The prospect of exponential gains, ranging from 1200% to 2000% over the month, is too compelling to ignore. High-cap assets like BTC, ETH, SOL, and ADA will fail to match that. It is unrealistic to expect them to...

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Seneca Recovers 80% of Funds After $6.4M Exploit

The Seneca Protocol hacker has given back $5.3 million worth of Ether tokens after draining $6.4 million on Ethereum and Arbitrum networks. Initial investigations suggested that an approval mechanism bug in the protocol’s smart contract was exploited. The stablecoin protocol had recently confirmed roping in with law enforcement but offered leniency, stating the team wouldn’t take legal steps if the hacker returned 80% of the funds, keeping 20% as a reward. Seneca Hacker...

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QuickNode Unveils Streams to Herald a New Frontier for Blockchain Data Streaming

[PRESS RELEASE – Miami, USA, February 29th, 2024] Blockchain infrastructure provider QuickNode has today announced the launch of Streams, a cutting-edge solution for real-time blockchain data streaming. With the innovative venture, QuickNode aims to redefine the standards of speed, reliability, and simplicity in blockchain infrastructure, enabling users to build robust data models instantly. The product will complement the provider’s ETL portfolio by letting users utilize...

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Robinhood Partners With Arbitrum to Optimize Swaps on Web3 Wallet

Online stock and crypto brokerage firm Robinhood has teamed up with the management team of the Ethereum-based layer-2 network Arbitrum to give its wallet users access to swaps on the protocol. According to a release seen by CryptoPotato, the duo announced the alliance on February 29 at the ETHDenver 2024 event in Colorado, saying the collaboration would simplify the path to layer-2 networks. Robinhood Wallet Taps Arbitrum for Coin Swaps Robinhood Wallet users will be able to...

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Scotty the AI ICO Raises $1M As Crypto Prices Explode

Decentralized AI is rising, with the ecosystem’s market cap recently crossing $28.5 billion, jumping 3.16% today. New presale meme coin-cross AI solution Scotty the AI is benefitting, having soared past the $1 million total raise milestone. Investment is flooding the ICO, raising over $400K in the last five days. The accelerating rate of growth illustrates a rising investor confidence that Scotty the AI is a crypto to watch. Market participants can buy the presale from the...

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Litecoin (LTC) Price Analysis: Bulls In Action Above $72

Litecoin started a steady increase above $72 against the US Dollar. LTC price is now trading above $74.50 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $70 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $78.00 and $80.00 resistance levels. Litecoin price is showing positive signs above $75 against the US Dollar, like Bitcoin. LTC...

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BTC Rejected Off $64,000 As Crypto Market Suffers $600 Million Of Liquidations

The price of Bitcoin (BTC) experienced massive volatility on Wednesday, soaring to nearly $64,000 before sinking again to $60,500 within one hour. Amid the chaos, crypto traders have experienced $638 million in liquidation over the past 24 hours, including $391 million of liquidations in the past 4 hours alone. According to Coinglass, about $55 million of liquidations in the last hour impacted a consortium of little-known altcoins, while $96 million was liquidated on BTC...

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