Ethereum price is eyeing an upside break above the $2,350 resistance against the US Dollar. ETH price is now trading above $2,280 and the 55 simple moving average (4 hours). There was a break above a key bullish flag pattern with resistance near $2,250 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,250 support zone. Ethereum price is consolidating above the $2,300 level against the US Dollar. ETH/USD could rise...
Read More »CoinShares Report: 2023 Became Third-Largest Year for Cryptocurrency Inflows
The digital asset investment products experienced inflows of $2.25 billion throughout the entire 2023. This places it as the third-best year based on data dating back to 2017, with 2020 recording $6.6 billion and 2021 reaching $10.7 billion, according to the latest report by CoinShares. As such, the inflows for 2023 were 2.7 times higher than those observed in 2022, marking a substantial rebound for the asset class. The majority of this recovery occurred in the final quarter,...
Read More »ETH Uncertain Above $2.2K but is a Drop Toward $2,000 in Play? (Ethereum Price Analysis)
Ethereum’s price is currently finding it difficult to rally higher following weeks of aggressively bullish price action. Yet, there are still several support levels nearby that could keep the cryptocurrency from dropping lower. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been on the rise since breaking above the 200-day moving average and the large descending channel. While ETH is still trading above the key $2,000 level, it is...
Read More »COQ Thrusts Avalanche To Limelight, Will NUGX Presale Attract Conservative Whales: What’s Going On?
The surge in crypto activity in late 2023 benefited Avalanche (AVAX) and NuggetRush (NUGX). Specifically, Avalanche, the modern, fourth-generation blockchain, reversed losses and emerged as one of the top-performing coins, even better than Ethereum (ETH) and Bitcoin (BTC), partly because of the success of COQ, a meme coin similar to PepeCoin (PEPE). On the other hand, as Ethereum’s decentralized finance (DeFi) and non-fungible token (NFT) activity recovered, investors have...
Read More »Bitcoin Rollecoasters Above $43K as Spot BTC ETF Decision Looms: This Week’s Market Update
This week has been quite eventful in terms of Bitcoin’s price action. In general, the total market capitalization increased by some $20 billion, which came on the back of a slight uptick in BTC. Most of the altcoins are trading in the red, so let’s have a look at what happened. First things first, Bitcoin is currently sitting at slightly below $44K, registering an increase of 2% for the past seven days. This also makes it the best performer from the top 10… by far. The week...
Read More »Mint and Trade Real-World Addresses Onchain with PropyKeys dApp, part of Propy ecosystem
January 3, 2024, 10 am EST, Miami, Florida – Today, PropyKeys, a new gamified application, part of Propy ecosystem, introduces a home addresses market onchain. It is a decentralized application (dApp) game, powered by the PRO token and launched on Base, a layer-2 network operating on top of Ethereum and part of the Coinbase ecosystem. Participants can mint their own or someone else’s home addresses onchain and stake or sell later. Real estate has long been...
Read More »Warum sich das Trading auf Bitpanda lohnt: Ein Einblick in moderne Krypto-Investitionen
In der Welt der digitalen Währungen hat sich Bitpanda als eine der führenden Handelsplattformen in Europa etabliert. Mit einer benutzerfreundlichen Oberfläche, einer breiten Palette an verfügbaren Kryptowährungen und innovativen Funktionen bietet Bitpanda eine attraktive Plattform für sowohl erfahrene als auch neue Trader. In diesem Artikel werfen wir einen Blick auf die Hauptgründe, warum sich das Trading auf Bitpanda lohnt. 1. Vielfältiges Angebot an Kryptowährungen und Assets Bitpanda...
Read More »DeFi Protocol Gamma Strategies Discloses Vulnerability After Preliminary Investigation
Gamma Strategies – a DeFi protocol built on the Ethereum blockchain – fell victim to an exploit, resulting in a loss of approximately $3.4 million. In response to the attack, the protocol swiftly implemented measures to prevent further losses, temporarily disabling deposits to all public DeFi vaults while keeping withdrawals active for users in need of accessing their funds. The exploit was initially identified by blockchain investigator PeckShield on January 4, which was...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Protect This Uptrend Support
Litecoin started a fresh decline from the $78.00 resistance zone against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There was a break below a key contracting triangle with support at $72.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $60.00 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...
Read More »Radiant Capital Flash Loan Attack Leads to $4.5 Million Loss
Cross-chain lending protocol Radiant Capital has suffered a hack resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million, according to blockchain security and analytics firm PeckShield Inc. Radiant Capital operates as a decentralized borrowing and lending protocol featuring cross-chain functionality built using LayerZero technology. As of the latest data from DefiLlama, the protocol has around $315 million in total value locked. Radiant Capital...
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