For what appears to be the first time in about 24 months, many crypto heads and analysts are saying bitcoin – the world’s number one digital currency by market cap – will be more volatile in the coming future than its closest relative Ethereum, which has long been the number two crypto and bitcoin’s primary competitor. Bitcoin Is on the Verge of Beating Ethereum in the Volatility Dept. The funny thing about a statement like this is that throughout its short history,...
Read More »KuCoin Loses $22,000 due to Twitter Hack, Exchange Announces Reimbursement
KuCoin has assured all the impacted users that it would reimburse them the amount lost while also pledging additional security measures. In the latest development, the hackers managed to briefly breach the Twitter account of the crypto exchange KuCoin thereby causing the exchange users to lose more than $22,000. Earlier today on April 24, hackers took over KuCoin’s Twitter account for 45 minutes, promoting a fake activity. Although the incident was brief, KuCoin has acknowledged that it...
Read More »Here’s the Critical Support for ETH Following a 14% Weekly Plunge (Ethereum Price Analysis)
After a prolonged period of consolidation without a clear direction, the cryptocurrency market has finally undergone a correction, with most coins decreasing in value. Ethereum was no exception, as its price has plunged by 14%, hitting a significant support zone. Technical Analysis By Shayan The Daily Chart Ethereum recently surpassed its prior major swing high at $2K due to its impulsive uptrend, providing a significant bullish sentiment by indicating a positive trend...
Read More »Bitcoin Billionaires Are Making a Serious Return to Form
Bitcoin billionaires are back. Given how hairy 2022 was, we put out an article not too long ago talking about how badly these crypto-laden individuals were hit during the previous bear market, but at the time of writing, the world’s number one digital currency by market cap is on the verge of striking $30K per unit, and it’s largely benefited from the recent banking crisis that’s occurred. Bitcoin Billionaires Are Here Again Over the course of just seven days in late...
Read More »Bitcoin (BTC) Price Projections to $50K Grows Ahead of Next Year’s Halving
Bitcoin price is hinged on the current perception of the macroeconomic outlook and monetary policies from the United States Federal Reserve. The forthcoming Bitcoin (BTC) halving slated for April 2023 might have a significant impact in helping to push the price of digital currency to a new pedestal. The anticipation of the Bitcoin network event has spurred a renewed bullish projection from the top industry analyst. According to insight from Bloomberg Intelligence and Matrixport, the...
Read More »Ethereum ICO Participant Wakes Up to $4.42M in ETH After 8 Years
A wallet that participated in Ethereum’s initial coin offering (ICO) in 2016, which remained dormant since then, has finally woken up after seven years and seven months. According to a tweet by on-chain analysis firm Lookonchain, the address transferred one ether (ETH) to a new address about 13 hours ago, marking its first transaction. The crypto community speculates that it is a test transaction. However, the ICO wallet has not made any other transactions since. At the time...
Read More »KuCoin’s Twitter Account Hack Led to Asset Losses Worth Over $22,000
KuCoin’s Twitter account was briefly compromised, causing the platform’s users to lose over 22,000 USDT to hackers through fake activity. The crypto exchange was able to recover its account and promised to reimburse affected users. KuCoin revealed that hackers took over its Twitter account for 45 minutes to promote a fake activity on Monday, April 24. While the incident was brief, the company said that it identified 22 transactions in connection with the fraudulent activity,...
Read More »Ethereum-Preis: 5’000?
In den letzten Jahren hat sich Ethereum als eine der führenden Kryptowährungen der Welt etabliert. Die Blockchain-Technologie, auf der Ethereum basiert, hat sich als äusserst vielseitig erwiesen und bietet eine Vielzahl von Anwendungsmöglichkeiten. Als Ergebnis dieser Leistung hat Ethereum in letzter Zeit auch ein stetiges Wachstum in Bezug auf den Preis erfahren. Für viele Investoren hat sich eine Investition in die Ethereum Community bezahlt gemacht. Angesichts der jüngsten Entwicklungen...
Read More »Wie viel Bitcoin darf es denn sein?
Die ETC Group, Anbieter von unter anderem Europa´s größtem Bitcoin-ETP (ETPs sind börsengehandelte Produkte, die die Performance von Kryptowährungen nachbilden) –, wollte es genauer wissen und hat eine ausführliche Analyse mit Musterportfolios über die letzten fünf und zehn Jahre durchgeführt. Die schwelende Bankenkrise hat dem Bitcoin 2023 ein Comeback beschert: Seit Jahresanfang ist der Kurs bereits um mehr als 80 Prozent gestiegen. Und...
Read More »An diesem Tag: Ethereum-Allzeithoch
21Shares launches Short Ethereum ETP and Ethereum Core ETP Am 9. November 2021 erreichte die Kryptowährung Ethereum ihr bisheriges Allzeithoch von über 4’300 US-Dollar. Dies war ein wichtiger Meilenstein für Ethereum und die Krypto-Community. Ethereum ist eine dezentrale Plattform, die es Entwicklern ermöglicht, Smart Contracts und dezentrale Anwendungen (dApps) zu erstellen. Es ist auch die Heimat von Ethereum, der zweitgrößten Kryptowährung nach...
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