Ethereum (ETH)

Leading blockchain data analytics platform Nansen recently released its quarterly analysis report, which revealed that the crypto market had witnessed a decline in 2022 compared to its 2021 activity volume. The report, however, pointed out that the performance of leading blockchain networks, Polygon, BNB Chain, and Avalanche, remained fairly stable, with Avalanche standing out as a rising star among the pack. Polygon Sees Adoption According to the Nansen report, Polygon’s...

After dropping below $40,000 earlier this weekend, bitcoin has been unable to reclaim that level despite a few attempts. The rest of the market is also relatively calm today, with ETH sitting beneath $3,000. Bitcoin Stalls Below $40K After the Monday crash, bitcoin went on the offensive and added several thousand dollars in about a few days. As a result, it broke above the January 2021 all-time high of $42,000 and kept climbing. This culminated in a price increase towards...

Silvergate Bank – a bank dedicated to serving crypto industry institutions – saw its Q1 income nearly double over last year’s figures. However, it also reports falling BTC and ETH spot trading volume from the last quarter. According to the bank’s Q1 earnings report unveiled on Tuesday, income for common shareholders increased 34% from the prior quarter, and 94% from last year. Meanwhile, revenue rose 22% and 93% from last quarter and last year, respectively. The company’s...

The adverse price developments continued in the past 24 hours, and bitcoin dropped below $40,000 for the second time this week. The alternative coins are also well in the red, at least most of them, but ApeCoin has defied the market sentiment and soared by double-digits. Bitcoin Lost $40K It was just a few days ago when the primary cryptocurrency spiked to almost $43,000, which became its highest price level in over ten days. This was a particularly impressive price tag...

Cash App adds Lightning as payment method. $cashtag Im Rahmen der Bitcoin-Konferenz in den Vereinigten Staaten von Amerika in der Stadt Miami, äußerte sich der CEO von Strike, Jack Mallers, am 07.04.2022 zu diversen Partnerschaften mit wichtigen Playern des Point of Sale. Bei Strike handelt es sich um eine Finanzgesellschaft, welche amerikanisch reguliert ist. Strike nutzt das Bitcoin-Lightning-Netzwerk, um mit Hilfe dieses Vehikels...

To many, 2021 was the year that saw tremendous growth in the popularity of non-fungible tokens and launched them into the mainstream. And even though the overall volume of NFT sales declined in 2022, the hype is far from over. During this year, however, the trend seems to have shifted from a fragmented market to one where blue-chip and high-end projects take center stage. And while some projects like the Bored Ape Yacht Club, CryptoPunks, Azuki, and others, continue to shadow...

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The National Basketball Association (NBA) revealed pausing minting of its new non-fungible token collection, dubbed – The Association – after a major loophole was detected by BlockSec. Less than a day after the league announced the minting of its Ethereum-based non-fungible token (NFT), it recognized the issues with the smart contract that triggered the “Allow List” supply to sell out prematurely. The Flaw Blockchain security firm, BlockSec revealed identifying a serious...

Ethereum increased 10% from its lowest level at the beginning of the week (below $2.9K), and the bulls regained some market control. But the big question is whether the bearish short-term sentiment is over? Technical Analysis Technical Analysis By Grizzly The Daily Chart On the daily timeframe, the bulls were able to push the price towards the resistance range of $3200-$3300. As the Taker Buy/Sell Ration and Volume Delta shows, the buyer takers have been more powerful in the...

Litecoin started a recovery wave above the $105 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $112 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears $115 and $118 in the near term. Litecoin price is showing positive signs above $100 against the US Dollar, similar to...