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Ethereum (ETH)

FTX Addresses Send $21M Worth of SOL to Exchanges: Solana Price Rally in Danger?

The crypto wallets associated with the now-defunct crypto exchange FTX and its sister trading firm, Alameda Research, persist in diversifying their investments across various altcoins on numerous crypto exchanges. According to Spot On Chain data, FTX and Alameda’s addresses recently transferred nine assets amounting to $46 million to Kraken, Binance, and Coinbase once again. FTX and Alameda’s Massive Transfers Earlier today, FTX deposited $46 million worth of assets to...

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Here’s Why Solana (SOL) Price is Up 80% in a Month, Outpacing Bitcoin and Ripple (XRP)

Solana (SOL) has emerged as the top-performing crypto asset, rallying to a level last seen in August 2022. The seventh-largest crypto by market cap surged nearly 14% over the past day, surpassing $44 on November 2nd. The latest price action has pushed its yearly gains to 40% and its monthly gains to 80%. It has outpaced many of the leading coins, such as BTC, ETH, and XRP. Source: CoinGeckoSolana’s Recovery Since FTX Debacle Solana, which had attracted users and buzz with its...

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Litecoin (LTC) Price Analysis: Indicators Suggest Decent 10% Increase

Litecoin started a steady increase above $67.50 against the US Dollar. LTC price is now trading above $68 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $67.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.20 and $72.85 resistance levels. Litecoin price is recovering from the $67.00 zone against the US Dollar, like Bitcoin. LTC...

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Volatility Incoming for ETH Following Consolidation Around $1.8K? (Ethereum Price Analysis)

Technical Analysis By Shayan Ethereum’s recent market activity has introduced a sense of uncertainty, with the price consolidating within a narrow range and lacking a clear direction. The situation becomes pivotal if the price manages to surpass the 200-day moving average, indicating the potential for a significant surge. Examining the daily chart, Ethereum encountered a substantial resistance zone at the 200-day moving average, positioned at $1.8K. This led to a sideways...

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TON Becomes World’s Fastest Blockchain

The rise of TON began gaining momentum in September, coinciding with the introduction of the TON wallet within the Telegram messenger platform. The Open Network (TON) has taken the blockchain world by storm as it became the world’s fastest blockchain. With a remarkable achievement in speed during recent public testing, the TON development team reported that in a 12-minute experiment, an astounding 42 million transactions were conducted, setting a new record of 104,715 Transactions Per...

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Solana Blockchain Nodes Now Available to DeFi and Dapp Developers on AWS Repository

The AWS Blockchain Node Runners has so far integrated Ethereum (ETH) and Solana (SOL), thus making it a major step for the latter to become a Web 3.0 hub that supports scalable smart contracts. Solana (SOL), a leading smart contract blockchain with a smartphone in the market dubbed Saga mobile, has announced that infrastructure nodes are now available on the Amazon Web Services (AWS) Blockchain Node Runners repository for easy access by Web 3.0 developers. The Solana team announced the...

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Bitcoin Dominates Institutional Inflows on the Back of Recent BTC Price Rally

According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, digital asset investment products received a total of $326 million in inflows, marking the highest weekly influx since July 2022. The asset manager speculated that the rising optimism from investors that the US Securities and Exchange Commission would approve a spot-based Bitcoin ETF in the country could be the reason behind the massive inflows. Inflows Spike Bitcoin dominated the inflows,...

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The Most Interesting Insights in OKX’s 12th Proof of Reserves Report

OKX has released yet another monthly Proof of Reserves (PoR), which reveals that the Seychelles-registered cryptocurrency exchange is over-collateralized with $12.5 billion in primary assets backing user funds. The latest disclosure marks a full year of PoR reports beginning right after the collapse of FTX. OKX’s Proof of Reserves (PoR) encompasses 22 widely-used digital assets including Bitcoin, Ethereum, and Tether. It also indicated that the platform has consistently...

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Worldline Crypto Payments bekommt dank PostFinance mehr Reichweite in der Schweiz

Worldline Crypto Payments bekommt dank PostFinance mehr Reichweite in der Schweiz Worldline freut sich bekannt zu geben, dass mit PostFinance ein weiterer wichtiger Schweizer Zahlungsdienstleister die Zahllösung Worldline Crypto Payments ab sofort anbieten wird. Durch den Vertrieb von Worldline Crypto Payments durch PostFinance wird neben der bewährten Zusammenarbeit via Worldlines Saferpay das Angebot auch auf der Plattform eines weiteren...

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Ethereum Price Analysis: ETH Holds Key Uptrend Support

Ethereum price started a downside correction from the $1,865 resistance against the US Dollar. ETH price is now trading above $1,750 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $1,785 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $1,785 support zone. Ethereum price is declining below $1,820 against the US Dollar. ETH/USD remains at a risk of more...

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