Ethereum (ETH)

It was recently the 4th of July, aka Independence Day, in America, and let this serve as just another reminder of the independence that users can gain by incorporating digital currency into their lives. America, in Many Ways, IS Bitcoin Close to 250 years ago, the Founding Fathers of America created a new nation; one where everyone was created equal. A nation where people could pursue “life, liberty, and the pursuit of happiness” without oppression, without...

Litecoin started a downside correction from the $115 zone against the US Dollar. LTC price is now trading above $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $104.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $105 resistance. Litecoin price is correcting gains from $115 against the US Dollar, similar to Bitcoin. LTC price...

Two teenage boys from Hamilton, Ontario, have been busted for allegedly stealing over $4 million worth of bitcoin (BTC) and ether (ETH) from an American man through what authorities described as a “spear phishing attack.” According to local reports, Hamilton police started working with the United States Federal Bureau of Investigations (FBI) and the Secret Service Electronic Crimes Task Force to investigate the boys in June 2023. A Spear Phishing Attack Const. Krista-Lee...

The demand for Pepe Coin ROI is insatiable. 2.0 knockoffs have already racked up enormous gains in July. As Pepe 2.0 rallied through the roof on Ethereum during the last week in June, one trader made $175,000 in just a day of riveting profit-taking. Due to the relative anonymity of Web 3.0 users, we don’t know who the mystery trader is. But they left their tracks all over the blockchain. The on-chain transaction data tells the entire story. Using the popular decentralized...

Justin Bieber might be iconic on stage, but his investment strategy, at least in terms of NFTs, certainly missed the mark. The famous Canadian pop star paid $1.3 million for a Bored Ape NFT last year, which is now worth only around $59,000. Foraying the hyped NFT space during the digital asset bull run seemed like a lucrative and exciting addition to many celebrities’ investment portfolios. However, many who sang the praises of these non-fungible tokens have not managed to...

Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH price is now trading above $1,880 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $1,930 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,900 support zone. Ethereum price is rising above the $1,880 level against the US Dollar. ETH/USD could rise further if it clears the...

Nonfungible tokens (NFTs) have not recovered anywhere near the levels that crypto markets have. Even the largest collections in the industry, such as Yuga Labs’ Bored Ape Yacht Club, are heavily discounted. On July 3, Reflexivity Research co-founder Will Clemente revealed that BAYC was down 90% from its all-time high. Floor prices for the Ape-themed NFTs have slumped over the past few days, falling 23% over the last week. According to NFT marketplace OpenSea, the floor price...

Ethereum’s price has been trending upward over recent weeks, leading investors to feel optimistic that a new bull market is on the horizon. Yet, there are still key resistance levels to be taken out for ETH to experience a new long-term bullish trend. Technical Analysis By: Edris The Daily Chart On the daily chart, the price has been rallying higher following a decisive rebound from the 200-day moving average, along with a breakout from the 50-day moving average to the...

The crypto market had another strong day as the global market capitalization surged by 1%. While Bitcoin continues to trade sideways above $30k, Ethereum is dominating the bull rally. ETH is now up over 4% in the weekly time frame and is close to breaching the $2k price level. The strong inflows into the crypto market have boosted other major altcoins, such as Bitcoin Cash and Litecoin as well as newly launched tokens, such as yPredict and Ecoterra. Ethereum Inches Toward $2k...

Bankrupt crypto lender Celsius has been granted permission to begin liquidating its altcoins into Bitcoin (BTC) and Ether (ETH). This will occur before distributions to creditors take place, who expect to receive their assets denominated only in the top two cryptocurrencies by market cap.  According to Bankruptcy judge Martin Glenn, Celsius “may sell or convert any non-BTC and non-ETH cryptocurrency, crypto tokens, or other cryptocurrency assets other than such tokens that...