Ethereum (ETH)

After the DXY index rebounded off the support at 104, the crypto market entered a correction phase. In the past few days, Ethereum experienced an uptrend after touching $1,523 on August 20 and rallied today as new updates on the Merge were announced. Can the bulls reclaim $2,000? Technical Analysis By Grizzly The Daily Chart On the daily time frame, buyers have stepped up. Defending the support at $1,500 caused the bears to pull back a bit. Now, the buyers have to flip the...

Im Laufe der letzten Woche fielen die Kurse und damit einhergehend das in ihnen angelegte Vermögen nach Total Value Locked (TVL) der wichtigsten Krypto-Assets: Bitcoin und Ethereum fielen um 12,6 bzw. 18,9 Prozent. Die beste Performance war bei den Assets Binance Coin, Polygon und Maker zu beobachten, die um 7,4 Prozent, 21,5 Prozent und 20,8 Prozent an Wert verloren. Als einziges Asset legte Polygon um 0,24 Prozent in TVL zu. In diesem Blogpost wollen wir dieser Entwicklung mit einem...

Litecoin started a fresh decline from well above the $62 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $58 and $60 levels. Litecoin price is struggling below $60 against the US Dollar, similar to bitcoin. LTC...

Ethereum’s merge is undoubtedly the most highly-anticipated event in the cryptocurrency industry in 2022. Scheduled for September, the anticipation also caused a considerable increase in the price of ETH, which is up about 90% since the lows in June. Many believe that this increase is largely due to the Merge, and some are speculating that the event might already be priced in. But is it really? To get to the bottom of this, there are a few other questions that need an...

Tornado Cash, service de mixage opérant sur le réseau Ethereum, a récemment été pris pour cible par l’Office of Foreign Assets Control (OFAC) et le 10 août dernier, Alexey Pertsev, principal développeur du service, a été arrêté par les autorités néerlandaises aux Pays-Bas. Si cette arrestation a suscité une vague d’indignations (une pétition est ouverte sur change.org), l’affaire a également soulevé un certain nombre d’interrogations...

Ethereum’s Übergang zu Proof-of-Stake - The Merge In wenigen Wochen findet das spannende Ethereum-Update, der sogenannte Ethereum Merge statt. Die alles entscheidende Frage ist nun, wie gehen die ganz grossen Bitcoin-Börsen mit diesem Update um? Kann man einfach die Coins halten und erhällt sein Guthaben in die neuen ETH umgewandelt? Oder werden die eigenen Coins zu einer Art Ethereum Core Token, wie dies schon mal der Fall war und man muss selber...

An attacker trying to steal funds from Rainbow Bridge on Saturday was stopped within 31 seconds, losing 5 ETH in the process. Alex Shevchenko – CEO of Aurora Labs – broke down how the protocol mounted its automated defense, without needing an immediate response from the security team.  Another Successful Bridge Defense In a Twitter thread on Monday, Shevchenko said that someone attempted to send a fabricated NEAR block to the Rainbow Bridge smart contract.  Rainbow Bridge is...

SudoRare – a decentralized non-fungible token (NFT) marketplace – is reportedly the latest crypto project that had rug-pulled its customers. The project, established earlier today, shut down its operations six hours after launch after it was rug-pulled for 519 ETH (around $850,000 going by current prices). The blockchain security company – PeckShield – indicated that the wrongdoers behind the protocol have already sent the drained funds to three different wallets, each...

The market has calmed down a bit in the past few days, even though it seems clear that the bears are in the driving seat. This happened as the bulls managed to defend the $1,500 level and are currently trying to recoup. Even though the negative momentum decreased, it’s still early to weave the possibility of a subsequent collapse out. Technical Analysis By Grizzly The Daily Chart The intersecting of the 100-day (in white) and 50-day (in yellow) moving average lines served as...

XP Inc – a brokerage firm in Brazil – is allowing its clients to invest in digital currencies, suggesting that despite prices crashing in recent months, these new assets are still as popular and as sought after as ever. At the time of writing, the company will purely offer access to both bitcoin and Ethereum, though executives say they have every intention of expanding their listings by the end of the year. XP Inc Is Allowing Users to Trade Crypto Lucas Rabechini – the...