Ethereum (ETH)

Ethereum price started a fresh increase above $570 and $580 against the US Dollar.ETH price is currently trading above the $585 pivot and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $570 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards the $608 and $622 resistance levels.Ethereum price is slowly gaining pace above $580 against the US Dollar. ETH/USD is likely remain in a positive...

Orion aggregates liquidity, order books, and trading pairs of every major CEX, DEX, and swap pool into one non-custodial, chain-agnostic, and decentralized platform, with the flexibility to facilitate seamless cross-chain trading that goes beyond just Ethereum. Orion Terminal, the decentralized gateway to the first hybrid cryptocurrency exchange aggregator, Orion Protocol, is set to launch Phase One of its mainnet on December 15. The platform will provide a singular, non-custodial portal to...

The personal address of Hugh Karp, the founder of the Ethereum-based insurance provider Nexus Mutual, has been drained for over $8 million worth of the NXM token by an already registered user. Despite the attack, Nexus Mutual has reassured that the customers’ funds are safe.Nexus Mutual Founder Drained For $8M In NXMThe popular project took it to Twitter earlier today to explain the situation. The undisclosed attacker completed a know-your-customer (KYC) procedure 11 days ago on the platform...

After reclaiming the $19,000 bitcoin’s chances to break above $19,400 seem more likely. Most altcoins have slightly increased their value in a day, with Ethereum closing down to $600.Bitcoin Stays Above $19KFollowing last week’s roller-coaster that resulted in bitcoin dipping to $17,500 on two occasions, the primary cryptocurrency started to gain value during the weekend.CryptoPotato reported that the asset firstly overcame $18,000 before doing the same with the $19,000 level. In the past 24...

The world wants crypto and Grayscale knows it. After announcing a massive purchase of over $280 Million in Bitcoin last week, Grayscale is now also betting on Ethereum.According to a report issued by Grayscale to the SEC, the company revealed having purchased 11455 ETH for a total of $74,135,609. The decision follows a terrific year for Ethereum, with the rise of DeFi projects and the launch of Ethereum 2.0 as the leading reasons behind the price rally of its native token, ETH.Genesis...

This week had the entire cryptocurrency market painted in red as Bitcoin withdrew to a low of $17,650 before recovering to where it currently trades at. All of the altcoins followed suit, and as a result, they’ve charted substantial decreases over the course of the past seven days, as seen in the graph below.Bitcoin lost roughly 5.6% over the past 7 days now. Following the latest drops, the leading cryptocurrency is now floating around $18,000.However, its long-term bullish trajectory is...

The Ethereum ETF is the first of its kind to be listed on a major stock exchange. It is backed by 3iQ with Gemini Custody Services managing the ETF. The Toronto Stock Exchange (TSX) on Thursday got its first Ethereum-based ETF. The fund, which made its debut at $10.80 per share, raised $76.5 million in its IPO and holds almost 134,000 ETH. This listing is a step towards bringing digital asset trusts to a new crowd of investors and traders. Canadian digital assets manager 3iQ was given the...

Although bitcoin reclaimed the $18,000 mark at first, the asset failed to sustain its run and has dipped below it. Most alternative coins have suffered in the past 24 hours as well, as Ethereum has dived beneath $550.Bitcoin Falls Below $18KBitcoin has suffered in the past several days. Following the relatively calm weekend when it traded around $19,000, the asset nosedived to $17,650 a few days later.The cryptocurrency bounced off initially from that low and took back the $18,000 level. In...

Chainlink has just received another endorsement —this time on behalf of the largest cryptocurrency exchange in the ecosystem: BinanceBinance announced the successful integration between the decentralized oracle platform Chainlink and its smart contract blockchain, Binance Smart Chain.The integration is on a root level; that is, the Oracles would need no support for the Ethereum network since they would be running directly on the Binance Smart Chain. This constitutes a significant advance in...

The massive attention that cryptocurrencies and blockchain technology have received in past months called the attention of DBS Bank.Singapore’s largest bank, DBS Bank, announced the arrival of crypto trading next week, with the integration of DBS Digital Exchange as a subsidiary of the bank. According to a recent press release, the platform will work with blockchain technology – offering assets tokenization and cryptocurrency trading.The exchange services include the tokenization of assets...