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Ethereum (ETH)

Trump Sells Off Millions in Ethereum Following Woeful NFT Business

Trump’s recent sell-offs have triggered speculations that he may have lost interest in crypto and may be seeking to cash in on all of his holdings. Former president of the United States of America Donald Trump has sold no less than $2.4 million worth of Ethereum (ETH) over the past three weeks. That is according to a report by blockchain intelligence firm Arkham. The latest report follows after Trump reportedly made the third attempt to recharge his NFT trading card business. However,...

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Litecoin (LTC) Price Analysis: Bulls Could Gain Strength Above This Hurdle

Litecoin is gaining pace above the $73.50 resistance against the US Dollar. LTC price is now trading above $74.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $72.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $76.80 and $78.00 resistance levels. Litecoin price is recovering from the $72.00 zone against the US Dollar,...

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XRP Price Pumps: Will Ripple Reclaim Market Cap Rank From Solana?

XRP tokens, the native cryptocurrency for the cross-border Ripple Labs network, have traded sideways in a narrow band with support around $0.62 since mid-November. At the same time, SOL used the opportunity, surged by an impressive percentage, and surpassed XRP in terms of market cap ranking. Ripple’s Turn Next After Solana? But the XRP price tested at $0.68 once on Friday, Dec. 8, before falling back to support lines, and resistance was again tested at $0.64 on Christmas...

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3 Indicators Shiba Inu (SHIB) Price Is Set to Rally

Shiba Inu is soaring up the 7-day, 14-day, and 30-day charts. Here are three signs that the SHIB price rally for the popular Ethereum ERC-20 meme coin continues. But real quick first, here is the most recent update on SHIB price: Shiba Inu Support Building аt $0.00001075 The Shiba Inu token has bounced along a sideways channel with support at the $0.00001075 level since Friday, Dec. 22. During that time, SHIB charted highs with resistance around the $0.00001100 level....

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GitHub Glory Returns to Cardano; Avalanche and Optimism Make an Entrance

New findings from crypto analytics firm Santiment provide interesting insights into the development activities of leading crypto assets. The data focuses on the top 10 crypto assets with significant GitHub commits in the last 30 days, with notable progress seen in Cardano, Polkadot, and Kusama. While Cardano reclaimed the top position, Avalanche has secured the fourth spot, indicating substantial development activity in December. Optimism, a notable Ethereum Layer 2 scaling...

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IOTA’s ShimmerEVM Bridge Goes Live in Strategic Linkup with LayerZero

The timing for the launch of the ShimmerEVM Bridge is a perfect one, considering the broader expansion underway in the IOTA ecosystem. The ShimmerEVM protocol from IOTA is advancing an impressive cross-chain interoperability protocol with the integration of LayerZero’s technology to enhance its bridging capabilities. As reported by Coindesk based on the scoop from the network’s developers, the Shimmer Bridge through which associated protocols can connect to other non-IOTA-based chains...

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Trading Platform Thunder Terminal Faces $240K Exploit, Says Funds Are SAFU

Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users. The on-chain trading platform Thunder Terminal successfully thwarted a $240,000 exploit that targeted 114 wallets on its platform, assuring users that their funds are secure. Despite this, the hacker refutes the claims, labeling them as “all lies” and is now...

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Ethereum Price Analysis: ETH Eyes Key Breakout To $2,500

Ethereum price started a downside correction from the $2,350 resistance against the US Dollar. ETH price is now trading above $2,260 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support at $2,260 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,300 resistance zone. Ethereum price is declining below $2,300 against the US Dollar. ETH/USD remains at a risk of more...

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Digital Asset Investments Stage a Comeback; Bitcoin Reigns Supreme With $87.6M Inflows

Digital asset investment products resumed inflows after breaking the 11-week streak of positive cash flows. According to the findings by CoinShares’ Head of Research, James Butterfill, the net inflows totaled $103 million over the last week. Bitcoin investment products, as usual, attracted the highest capital inflow. The digital asset manager revealed a net inflow of $87.6 million during the period. Short-bitcoin also experienced a minor inflow amounting to $0.3 million....

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Flippening: Ethereum (ETH) Surpasses Bitcoin (BTC) in This Key Metric

The amount of Ethereum owned by long-term hodlers reached a record of over 70% in December, according to data from blockchain analytics firm IntoTheBlock. These committed holders have refrained from selling their Ethereum stash, contributing to the altcoin’s new benchmark. The latest ITB data also reveals that Ethereum has surpassed Bitcoin in terms of the percentage held by long-term holders, with the latter a little below the 70% mark. HODLers, individuals who hold onto...

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