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...
Read More »Bitfinex Rolls Out Volatility Futures for Bitcoin and Ethereum
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
Read More »BEFE Coin: April’s Unstoppable Trending Crypto Champion
The meme coin market surged in the month of March following Bitcoin’s new all-time high. It is crucial to understand which coins can take advantage of this surge and grow further. Experts and investors have their eyes on one specific coin. What Surged the Markets in March? The main reason behind the surge in crypto markets in the month of March was the Bitcoin ETF. The ETF had an impressive $500M+ inflow which caused the coin to reach a fresh all-time high. Other...
Read More »Huge Ethereum VC Withdrawals Spotted, More ETH Selloff Underway?
CoinspeakerHuge Ethereum VC Withdrawals Spotted, More ETH Selloff Underway? The ongoing selloff witnessed in the Ethereum (ETH) market appears not to be stopping soon as huge VC withdrawals have been spotted. Huge Ethereum VC Withdrawals Spotted, More ETH Selloff Underway?
Read More »Vitalik Buterin Says Layer 3s Won’t Magically Increase Throughput
Ethereum co-founder Vitalik Buterin has re-upped his post from 1.5 years ago on “Layer 3s”, saying that L3s won’t magically increase throughput. Still, they can reduce certain fixed costs associated with batch publishing and deposits or withdrawals. His statement comes amid concerns that Layer 3 networks are taking away from Ethereum’s value and security. L3 Doesn’t Magically Increase Throughput According to Buterin’s X post, there are alternative, potentially “lighter”...
Read More »This April Fools Joke Ends With a 25% Loss for Crypto Investors
On April 1, Juicebox’s content manager appeared to have announced that the Ethereum-based crowdfunding platform had secured a fake $69 million funding round supported by the crypto venture capital company Paradigm. However, it was later revealed to be an April Fools’ Day prank, causing JBX speculators to incur losses exceeding 20%. JuiceBox’s April Fools’ Day Joke The news broke through a post on X by pseudonymous account Briliegh.eth, which has since been made private. The...
Read More »Ethereum Slides Near Three Year Low Against Bitcoin Amid Crypto Market Pullback
Ethereum (ETH) is losing a key support level against its larger crypto rival, Bitcoin (BTC), amid a broader crypto market selloff that began on Monday. Data from TradingView shows that 1 ETH is now worth less than 0.05 BTC, trading for 0.04961 BTC at writing time. The last time the ETH/BTC ratio traded so low was in January, after a brief crypto market selloff after Bitcoin ETFs went live. The last rare period at a similar ratio was when ETH skyrocketed in April 2021, after...
Read More »This Presale Token’s Price of $0.025 Is Set to Soar 50x as Ethereum Approaches $5000
As ETH gets closer and closer to hitting that enormous number of $5,000, a brand new opportunity has popped up in the NFT finance world. One that could help investors make life-changing money. NFTFN is holding a presale for its NFT lending platform, with tokens going for just $0.025. Considering the market is skyrocketing and the project is not just innovative but revolutionary, this token could jump to 50 times its current price. The New Era Last year alone, NFTs...
Read More »Digital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down
CoinspeakerDigital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down While the Bitcoin investment products registered strong inflows, the Ethereum products registered their fourht consecutive week of outflows. Digital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down
Read More »Ethereum Price Analysis: ETH Dips Again As Bears Aim $3,200
Ethereum price started a downside correction from the $3,680 resistance against the US Dollar. ETH price is now trading below $3,550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $3,535 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,550 resistance zone. Ethereum price is declining below $3,550 against the US Dollar. ETH/USD remains at a risk of...
Read More »