Ethereum (ETH)

Yesterday’s inflation news from the US pushed bitcoin to $50,000 once more, but the asset failed and dropped by several thousand dollars. Most altcoins are also in the red on a daily scale, as ETH slid to $4,000. Bitcoin Rejected at $50K The past several days didn’t go all that well for the primary cryptocurrency. It tried to recover from last week’s massive crash and challenged the $50,000 mark on several occasions but to no avail. Its inability to break above had driven it...

2021 saw many Americans jumping into the crypto space. In fact, according to a new report from Grayscale Investments, more than half of Americans owning crypto began trading just this year. Grayscale Issues New Report Detailing Crypto Ownership It can be said for many reasons that 2021 was the era of crypto. One of the main reasons is because assets like bitcoin and Ethereum hit all-time highs, with the former reaching $68,000 per unit in November and the latter spiking...

Ethereum layer 2 scaling solution Polygon has announced the acquisition of zero-knowledge (ZK) technology developer Mir for $400 million. As per reports, the platform conducted the purchase with 250 million MATIC tokens for $1.60. The acquisition was announced at the backdrop of Polygon’s “zk day” virtual event. Since the transaction, MATIC’s price has risen by more than 50%. The New Acquisition According to the official blog post, Mir’s team will be joining Polygon to...

There’s no sugarcoating it, the past seven days have been very tough throughout the entire cryptocurrency market, with a few small exceptions. The total capitalization dropped to $2,375 billion, which represents a loss of about 13%. Let’s start with Bitcoin. The primary cryptocurrency is down 14% on a seven-day scale. It started the week at around $56K, but bears weren’t having it anymore and crashed the price during the early Saturday trading session when BTC dropped to...

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It’s happened again, folks. Another crypto exchange hack is in the books. This time, the alleged victim is Bit Mart, which appears to have lost $150 million in digital currency funds at the time of writing, though some firms – such as Peck Shield, a blockchain analytics company – believe the company may have lost closer to $200 million. Bit Mart Has Been Compromised Peck Shield was the first entity to notice the breach. Analysts saw that around $100 million in crypto was...

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

[PRESS RELEASE – Road Town, British Virgin Islands, 8th December 2021] OpenOcean, the world’s leading DeFi & CeFi full aggregation protocol, is delighted to announce the successful aggregation of Arbitrum as well as its leading decentralized exchanges – UniSwap v3, Balancer v2, SushiSwap, Curve, DODO, Synapse, and Swapr. It will enable OpenOcean users to trade with maximum returns on multiple Ethereum Layer-2 constructions. “On the one hand, we know our users are trading...

Key Support levels: $4,000  Key Resistance levels: $4,566, $4,868 (ATH) ETH rallied after touching the key support level at $4,000 and came close to reaching $4,500, where bears stepped up. It appears the resistance at $4,566 will be a hard one to crack, as the bulls don’t seem to have sufficient momentum at the time of this writing. On the ETH/BTC chart, the situation is looking better, and the price made a new local high at 0.088 BTC before retracing. Bitcoin’s market share...

Ethereum 2.0 rückt immer näher. Mit dem Update warten zahlreiche große Neuerungen auf uns. Die interessantesten betreffen sicherlich den Energieverbrauch und die Transaktionsgebühren des ETH. Gerade letztere waren im Rahmen der „Scalability“ oftmals Gegenstand der Kritik an Buterins Ethereum. Ethereum News: Vitalik Buterin veröffentlicht „Endgame“ für EthereumIm Markt war es ein erfolgreiches Jahr 2021 für den ETH. Der Preis stieg nicht nur auf ein Allzeithoch, sondern outperformte auch den...