Ethereum (ETH)

Stablecoins remain the most traded assets in the crypto market. Fresh data from on-chain analytics firm CryptoQuant shows that nearly $2 billion worth of those tokens were recently moved into exchanges. According to Ki Young Ju, CEO of CryptoQuant, these massive deposits are actually a bullish sign for the industry. Ju noted that most crypto trading platforms usually fill the market to enable users to purchase different coins, including Bitcoin (BTC), Ethereum (ETH), and...

The strange and crazy circumstances surrounding the recent hacking of the Poly Network have reached an odd, yet definitive conclusion. The Poly Network Is Rich Again! Not long ago, the Poly Network – which hosts several blockchains including those of Ethereum, Binance and of course, Poly – stated that it was the victim of a hack that saw more than $610 million in digital funds practically vanish overnight. The company halted all withdrawals and deposits and said in a...

Bitcoin (BTC) Bitcoin is up a small 1% this week after getting rejected trying to breach above the $50,000 mark on Monday. The current high since May now lies at $50,500. Unfortunately, BTC was unable to sustain this level and ended up closing the daily candle beneath $50K. Following the rejection, BTC headed sharply lower: Yesterday it fell back beneath $47,800, recording its weekly low amid $46.3k, however, the bitcoin price managed to close the day on top of the crucial...

Bitcoin continued to trade around the $47,000 line in the past 24 hours after it dropped to a weekly low beneath $46,400. Most altcoins have stalled since yesterday, except for Solana. SOL has gone on to chart another all-time high above $83 after a double-digit surge. SOL’s Latest ATH The alternative coins, similarly to their leader, lost significant chunks of value in the past few days. Ethereum, for example, went from about $3,360 to beneath $3,100. As of now, it has...

“Hold On for Dear Life” will become the first scripted television show about digital assets. Interestingly, Rob Weiss – executive producer of the renowned TV series “Entourage” – will direct it. Virtual Assets Invade The TV Industry According to a recent report, modern cryptocurrency culture will be the theme of a new TV show. Its name: “Hold On for Dear Life.” The series will not focus on Bitcoin or Ethereum but on non-fungible tokens (NFTs) – unique digital assets designed...

Litecoin price failed to clear the $190-$192 resistance zone against the US Dollar. LTC price is now trading below $180 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $182 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must stay above the $162 support to avoid more downsides in the near term. Litecoin price is correcting gains from $192 against the US Dollar, similar to...

PayPal has been big on crypto over the past year, but now the company is pushing its digital currency agenda even further. The company has put out a statement saying that several countries – including the United Kingdom – outside the U.S. will be able to buy, sell and trade digital assets through its platform. PayPal Is Bringing Crypto Trading to the U.K. The new service will allow these countries to invest in four major cryptocurrencies: bitcoin, bitcoin cash, Ethereum...

ETH/USD – Will the 20-day MA Hold? Key Support Levels: $3150, $3080, $3000, $2960. Key Resistance Levels: $3190, $3350, $3400. Despite ETH is up by a solid 47% over the past month and 6% weekly (according to CoinGecko), it failed in breaching the critical resistance at $3350. The latter resistance is provided by a bearish .618 Fib Retracement level, and it prevented the market from pushing higher in mid-August. After the previous failed attempt, ETH retraced into the 20-day...

[PRESS RELEASE – Vancouver, Canada, 25th August 2021] In light of recent news stories, Netcoins.ca (Netcoins), has renewed its efforts to provide the most secure cryptocurrency transactions. Multiple news stories, including this Newsweek article, tell the story of the theft of over $600 Million in cryptocurrency. In response, Netcoins will be working with its partners, BitRank & QLUE, to make sure their customers are safe using the latest in blockchain analytic and...

The cryptocurrency space has repeatedly taught us that with time anything can be valuable, even a collection of ordinary, digital rocks with no “real” value or purpose. For the past few months, the entire industry has been raving about non-fungible tokens (NFTs), which are digital collectibles stored on the blockchain and can represent anything from art to music and real-world assets. The craze has seen Investors pay mad money just to acquire NFTs like the infamous Beeple’s...