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Ethereum (ETH)

Ethereum Price in Danger? Dormant Whale Sparks Sell-Off Concerns After Moving $90M Worth of ETH to Kraken

TL;DR Massive ETH Whale Movement: A dormant ETH whale moved $90 million worth of ETH to Kraken, signaling potential selling pressure on the market. Market Impact: The transfer could affect ETH’s market by at least 2%, with implications for Kraken’s trading depth and broader market dynamics. Crypto Market Trends: The event aligns with increased whale activity and a bullish trend in altcoins, indicating a possible shift in market behavior. Massive Crypto Whale Wakes Up,...

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CEO of Franklin Templeton Reveals Their Cryptocurrency Holdings, New Altcoin Is Bringing AI To Real Estate

While legacy firms like Franklin Templeton reveal surprise crypto adoptions and holdings, A new disruptor – Everloge – aims to democratize elite asset classes for all. The AI-powered property fractionalization platform will ride the Web3 wave by allowing retail investors to own vacation homes previously accessible only to the wealthy. Franklin Templeton’s CEO is Bullish on Blockchain Tech In a recent interview, Franklin Templeton’s CEO Jenny Johnson shared that she invests...

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BitTorrent (BTT) Explodes by 100% In Hours Following Broader Market Rally

TL;DR BitTorrent (BTT) exploded by a whopping 100% in the past few hours. This follows a broader market increase where numerous cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA), experienced significant gains, with Bitcoin reaching $44,000 for the first time in 19 months and others hitting yearly peaks. Catching Crypto’s Green Wave Numerous crypto assets are well in the green today (December 6), with Bitcoin (BTC), Ether...

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Celsius Creditors May Get “Rug Pulled” Due To Rising Crypto Prices: Analysis

Though most crypto investors have good reason to be optimistic this week, Celsius creditors may be in for a bad deal if digital asset prices continue to climb. The bankrupt crypto lending firm may soon be able to pay its cash-based debts simply by liquidating its newly profitable Bitcoin (BTC) and Ethereum (ETH) holdings alone. That would mean the bankruptcy gets away with more assets, while its counterparties are repaid at a far more difficult time to enter the crypto...

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BTC, ORDI Explode Further Amid $190 Million In Liquidations

Bitcoin (BTC) tapped a new yearly high at $43,700 on Tuesday as the crypto market posted a new waterfall of short liquidations. Meanwhile, Ordinals-themed memecoin ORDI continued to skyrocket, climbing another 53% on the day to $63.26. The climb takes BTC up 15% over the past week, and has pushed its market dominance up to 54.8%, according to TradingView By contrast, Ethereum (ETH) has risen 1% on the day to $2,250 and sits at 17.5% dominance. The ongoing pump comes amidst...

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XRP Price at $0.6, Will XRP Follow Bitcoin Bull Run in December?

Although Bitcoin has outperformed XRP in 2023, there is the chance that XRP could follow in Bitcoin’s footsteps for a December bull run. Bitcoin has had a relatively good year, returning more than 144% to investors since January. The king coin has also climbed nearly 14% in the past month and about 10% since December 1st. Currently trading above $42,000 according to CoinMarketCap data, Bitcoin has gained almost 2% in the last 24 hours and seems to be on track to end the year impressively....

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Solana Price Drops 7% to $60 Amidst FTX Cold Wallet Transfers 

Crypto analyst Ali Martinez has warned of a potential correction for SOL. The price of Solana (SOL) has experienced a 7% decline over 24 hours. However, at the time of writing the fall is not so critical. The coin is around 1% down. The Solana price today is approximately $60 despite the recent market corrections that saw the price of Bitcoin (BTC) and Ethereum (ETH) rise to $42000 and $2200 respectively for the first time since last year. According to CoinMarketCap data, the crypto asset,...

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Ethereum Price Analysis: ETH Surges As Bulls Aim For $2,500

Ethereum price is moving higher above the $2,200 resistance against the US Dollar. ETH price is now trading above $2,150 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,130 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,130 support zone. Ethereum price is rising above the $2,200 level against the US Dollar. ETH/USD could rise further if it clears the...

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Mantle Launches Liquid Staking Protocol, Aiming for Top 3 in Decentralized Staking

Mantle, Ethereum’s Layer 2 platform, launched Mantle LSP, a liquid staking protocol. It positions itself among top providers, competing fiercely for the third spot in liquid staking volume, challenging rivals Lido and Rocket Pool. This Monday, Ethereum’s Layer 2 platform Mantle announced the launch of Mantle LSP “a permissionless, non-custodial ETH liquid staking protocol”. This marks the second key product from the Mantle ecosystem following the main Mantle network released in July 2022....

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Blur Commands 80% of NFT’s Market Share as OpenSea Retreats: Data

In a year marked by a massive recovery run in the broader crypto market, the non-fungible tokens (NFTs) sector has displayed a contrasting performance. While industry leaders like OpenSea have historically dominated the NFT space, relatively newer players, such as the Blur NFT marketplace, have emerged as formidable contenders. As of December 3, the Ethereum NFT market experienced a notable uptick in transaction volume, reaching an impressive $34.786 million. This surge...

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