Ethereum (ETH)

Although Dogecoin’s popularity might be declining lately, other copycats continue to garner people’s attention, especially in the USA. CoinMarketCap’s stats show that tokens like Doge Killer, Baby Doge Coin, and Shiba Inu were among the most trending ones last week in the States, while Bitcoin and Ethereum were down the list. What Do Americans Look For? Ever since the start of the year, meme coins have caught the attention of cryptocurrency insiders and outsiders. The trend...

Following the positive weekend in terms of trading action, bitcoin has retraced by a few thousand dollars to just above $34,000. Most altcoins have also failed to continue upwards as ETH has dipped below $2,300, and BNB is close to breaking beneath $300. Bitcoin’s Trading Volume Drops as BTC Retraces Bitcoin proved most assumptions wrong in the past few days. There were concerns that history is to repeat itself and the asset could lose traction during the weekend as it did in...

ETH/USD – New 16-Day High. Key Support Levels: $2300, $2250, $2130. Key Resistance Levels: $2350, $2440, $2540, $2640. Ethereum rebounded from support at $1700 (mid-March support) at the beginning of last week and surged into resistance at $2300 (bearish .5 Fib) on the first day of July. However, the second-largest crypto quickly got rejected and found support on top of the $2K mark on Friday. Over the weekend, ETH managed to break back above the 20-day MA (yesterday) and,...

Bitcoin’s weekend struggles seem to be nowhere near as the cryptocurrency initiated another leg up and reclaimed $35,000. Most of the altcoins have charted gains as well, with Ethereum jumping above $2,300 for the first time since mid-June. Bitcoin Reconquers $35K After the volatile week in which BTC reached a multi-day high of $36,600 and then retraced to below $33,000, all eyes were on the weekend as recent history showed that the asset tends to head south when the workweek...

Coinfirm revealed that some users on the notorious Darkweb have been selling falsified vaccine certificates for COVID-19 and stolen doses of vaccines in exchange for a variety of cryptocurrencies. Per the report, one can buy 10 shots of the AstraZeneca product for $250 or its crypto equivalent. BTC in Exchange for a Coronavirus Shot Criminals see the anonymous nature of the Darkweb as an attractive marketplace where they can execute a variety of illegal deals. The blockchain...

ADA – the cryptocurrency fueling the Cardano blockchain – now has over $30B worth staked on the network. That’s over 70% of the token’s circulating supply while making Cardano the most capitalized blockchain by staked value, with Ethereum in a distant second at about $12B. Anticipating Smart Contracts The $31.4B figure is gleaned from PoolTool’s recent data, an app that regularly tracks and streamlines interaction between stakeholders and SPO’s. The milestone is reached...

The past seven days turned out to be yet another period where bitcoin’s price went through a rather choppy action. The cryptocurrency is down about 3 percent in the last week, but it wasn’t without its ups and downs. Last Saturday, we saw BTC tanking to a low slightly above $30K, causing panic and a lot of worries amid the cryptocurrency community. However, right on the following day, on Sunday, the price surged, and a massive green candle took us all the way up to $35,000. A...

The detected error, however, doesn’t render the NFT worthless. A research article published in 2017 by Harvard Business Review suggested that even when a piece of digital art contains errors, consumers will not shy away from purchasing it.Only two days ago, the web’s inventor Tim Berners-Lee auctioned his source code to raise funds for charities associated with him. The wide world web’s Ethereum-based NFT that was sold to an unknown buyer for $5.4 million is now believed to be having a coding...

Grayscale, the world’s leading digital asset management fund, revealed that it had rebalanced its portfolio in a way where Cardano’s ADA is now the company’s third-largest holding. According to an announcement from earlier today, Grayscale – the world’s leading digital asset manager, has adjusted the portfolio of the Grayscale Digital Large Cap Fund “by selling certain amounts of the existing Fund components in proportion to their respective weightings and using the cash...

SkyBridge Capital’s Scaramucci plans to seek expansion from Bitcoin and is set to launch a private Ethereum fund with an ETF to branch out crypto operations.SkyBridge Capital’s Anthony Scaramucci stated in a podcast that he will be launching a private Ethereum fund and consecutively will file an Ethereum ETF to shift focus on other crypto alternatives available. Earlier, SkyBridge Capital’s sole focus was on bitcoin and had also filed for Bitcoin ETFs and has investments amounting to US$ 500...