Ethereum (ETH)

Ethereum’s price has been correcting over the past few weeks after setting a local high around the $4,000 mark. While the price is yet to recover, the bull market may be far from over. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been consolidating between $3,000 and $3,600. Following the recent rejection from $3,600, the market is once again targeting the support at $3,000. The Relative Strength Index has also dropped below 50%, as...

Tether Treasury has been actively minting USDT tokens amidst choppy market conditions. In the latest development, $3 billion worth of USDT tokens were mined by the Tether Treasury within a period of three days, according to an update by Lookonchain. The tokens were then distributed across the Ethereum and TRON blockchains. This surge in USDT minting has sparked curiosity regarding the destination. Since April 1st, approximately $2.55 billion USDT has flowed into prominent...

What’s the big deal? Why are investors so interested in NFTFN’s presale? It appears as though investors have been pouring in their hard earned Ether. With more than 30 of them each spending at least 1 ETH, it’s safe to say this project means business. It would seem the allure of trading NFTs and providing liquidity is too much for these investors to handle. Whatever the case may be, NFTFN finds itself on the right side of a movement that could reshape the future...

CoinspeakerRipple Announces Plan to Launch a Multichain USD-backed Stablecoin The new Ripple-backed stablecoin on the XRPL and Ethereum networks will significantly improve XRP’s liquidity through the recently unveiled AMM. Ripple Announces Plan to Launch a Multichain USD-backed Stablecoin

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin. Ethereum (ETH) Ethereum is found in a difficult position. The price fell by 7% this week, and now all the pressure is on the key support at $3,350. If this level fails, then the price might retreat below $3,000. The rally that started in October 2023 has finally found a local top at $4,000, which is a key resistance. For this reason, this correction is significant and may last for quite a...

CoinspeakerWormhole Bridge Hacker Was Eligible for $50,000 in W Tokens from Recent Airdrop The hacker involved in the 2022 exploit of the Wormhole ETH-SOL bridge could have received up to $50,000 from Wormhole's recent airdrop. Wormhole Bridge Hacker Was Eligible for $50,000 in W Tokens from Recent Airdrop

Litecoin is gaining pace above the $90.00 resistance against the US Dollar. LTC price is now trading above $95.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $97.40 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $103.20 and $105.00 resistance levels. Litecoin price is holding gains above $90 against the US Dollar, like Bitcoin. LTC...

Digital asset investment products experienced a positive shift in sentiment during the last week of March, with inflows reaching $862 million, nearly recovering from the previous week’s record outflows of $931 million. Despite this encouraging rebound, CoinShares revealed that ETF activity appears to be slowing down. In fact, the latest data shows that the daily trading turnover now stands at $5.4 billion, representing a 36% decline from its peak three weeks ago. However,...

On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen victim to a hack. The prominent blockchain investigator’s findings instead strongly suggested a deliberate transfer of funds rather than an external hack. Kyle Accused of Faking Hack While investigating an alleged hack involving a “social gamer,” Kyle, and a less-known NFT project called ‘NuddiesNFT,’ ZachXBT found a disturbing narrative of lies and...

CoinspeakerBitfinex Rolls Out Volatility Futures for Bitcoin and Ethereum Bitfinex, a Seychelles-based cryptocurrency exchange has expanded its product offerings to include volatility futures for Bitcoin (BTC) and Ethereum (ETH), giving users the opportunity to bet on expected price performance of the two leading digital assets. Bitfinex Rolls Out Volatility Futures for Bitcoin and Ethereum