Ethereum (ETH)

[PRESS RELEASE – Grand Cayman, Cayman Islands, May 30th, 2023] A decentralized token that will shape gaming as we know it today is going live on the Ethereum blockchain on May 31st with the support of key Web3 leaders. The QWAN, a gaming token enabling a decentralized economy for all gamers globally, is launching with the support of The QWAN Foundation and with Banger being onboarded to The QWAN Ecosystem as the first major gaming platform. The QWAN is a native token for...

VanEck analysts have explained in detail why ETH price could rise above $11K by 2030, with revenue of more than $50 billion. According to a VanEck report, the Ethereum (ETH) price could hit $11.8K by 2030. The global investment manager exposited its ETH price predictions earlier in the month. On May 9th, VanEck’s Digital Assets Research Head, Matthew Sigel, and Digital Assets Senior Investment Analyst Patrick Bush made the bold claims. The duo provided a detailed valuation methodology...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH price is now trading above $1,850 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1,880 on the 4-hours chart (data feed from Coinbase). The pair could climb further if...

Seychelles-based cryptocurrency exchange OKX published its seventh proof-of-reserves (PoR) report in line with efforts to push the new industry standard of transparency and trust within the crypto community. The new report shows that OKX has reserves of $10 billion in bitcoin (BTC), ether (ETH), Tether (USDT), and other assets. OKX Releases Seventh PoR Report The audit, which was concluded on May 19, 2023, shows that OKX’s current reserve ratios are 103% for BTC, 103% for...

Ethereum has recently flashed a bullish signal by finding support at the 100-day moving average of $1791 and experienced a spike in its price. Also, it has now encountered a crucial resistance level, and surpassing it would likely trigger another surge. Technical Analysis By Shayan The Daily Chart Ethereum had a period of steady price action around the 100-day moving average of $1790 before finding support and proceeding upward. However, during the recent consolidation...

[PRESS RELEASE – New York, New York, USA, May 29th, 2023] Memevengers coin ($MMVG) has been gaining attention following a Uniswap listing on May 25th. $MMVG reached a market cap of over $20 Million and a $1 Million trading volume. The Memevengers coin $MMVG can be traded on Uniswap, where it is paired against WETH. In addition, liquidity for the token is set to increase further when $MMVG lists on MEXC at 10am UTC on May 30th. The team hopes that Memevengers will improve...

There are currently a total of 9,909,465 million holders for the Reddit collectible avatars aka the Reddit NFTs. Just within 11 months since its launch in July 2022, Reddit Collectible Avatars have seen massive traction with more than 10 million holders of its collectible avatars. As per the data from Dune Analytics, there are currently a total of 9,909,465 million holders for the Reddit collectible avatars aka the Reddit NFTs. Of them, 7.7 million holders have been identified as single...

It appears that the DeFi industry continues to be a prime target for hackers. On the morning of May 28th, another exploit took place, this time taking aim at liquidity platform Jimbos Protocol. Jimbos Protocol got exploited today – May 28th. According to an update by PeckShield, the hack resulted in a loss of around 4,000 ETH, worth some $7.5 million at the time of the incident. Per PeckShield: This hack is due to the lack of slippage control of liquidity-shifting operation –...

China seems to be opening up to some parts of the industry. Despite its hard stance on trading and owning cryptocurrencies like Bitcoin and Ethereum, the country is pushing for the development of Web3. During the parallel forum of the 2023 Zhongguancun Forum called Web3: Future Internet Industry Development, the Beijing Municipal Science and Technology Commission, alongside the Zhongguancun Science and Technology Park Management Committee, released a joint paper called...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up CME Group in Chicago, one of the world’s biggest derivatives marketplaces, says it’s going to be expanding its Ethereum and bitcoin-based options across both standard and micro-sized contracts. CME Group to Establish All-Day Bitcoin Contract Trading The news comes right as several other Ethereum and...