Tag Archives: ETHBTC

Happy about the increase in the price of Bitcoin? Share some of your wealth with the miners. Bitcoin’s transaction fees are rising at a frantic pace, following the bull run and the general optimism in the crypto markets.During the last week, Bitcoin’s prices spiked significantly, breaking the previous ATH and hovering above $23100. But transaction fees rose almost in line with Bitcoin’s prices.The price of Bitcoin during 2020. Image: CoingeckoBitcoin Fees Follow The PriceIn a matter of about...

The last week saw the entire cryptocurrency market painted in green. Interestingly enough, Litecoin is the major altcoin that gained the most, with BTC following in second place. Unfortunately for XRP bulls, it failed to realize any substantial profits over the past seven days. BitcoinBitcoin saw an impressive growth over the past few days, resuming its long-term bullish trend with full speed. From around the $17,100 correction level, the leading cryptocurrency bounced back with roughly 25%...

Following the massive surge towards a new all-time high of nearly $24,000, bitcoin dipped and calmed around $23,000. Some alternative coins, such as Litecoin and Ripple, have added value in the past day resulting in the total market cap tapping $670 billion.Bitcoin Paints A New ATH And Slides To $23KBitcoin consolidated around the $19,000 mark for a few days before initiating an impressive leg up that resulted in breaking a few records.Initially, the primary cryptocurrency breached above...

ETH/USD: Ethereum Resumes Bullish RunKey Resistance Levels: $700, $720, $750Key Support Levels: $636, $600, $538ETH/USD. Source: TradingViewFollowing Bitcoin, Ethereum finally resumed its bullish run after recording a substantial 18% increase in the past 7 days. It broke to a new yearly high (where it now trades around $666) with a 12% gains overnight. Because of this, its market cap is now up to roughly $75 billion, at the time of writing. This is also the highest price for ETH since May...

The large bitcoin institutional investments keep emerging frequently, and the latest one has come from the US-based hedge fund One River Asset Management. After establishing a new company oriented in digital asset investments, the fund has purchased $600 million in BTC and plans to add ETH and expand its holdings to $1 billion in the next few months.One River Digital Asset Management Invests $600M In BTCBitcoin has seen a massive spike in interest from institutional investments in the past...

The attacker that drained over $8 million in NXM from the founder of Nexus Mutual had requested $2.8 million in ETH to stop disposing of the funds. As such, it seems that he has rejected the bounty offer from Hugh Karp of $300,000.What Happened With The Funds Of The Hack?CryptoPotato reported earlier this week that an unknown perpetrator drained over $8 million worth of the NXM token from Hugh Karp – the founder of the popular DeFi insurance provider – Nexus Mutual.The attacker duped Karp by...

The price of Ethereum (ETH) has surged past $600, following the latest increase in bitcoin’s price. However, another major stepping stone for its latest rally might be the fact that the Chicago Mercantile Exchange (CME) Group has announced plans to launch ETH futures.ETH Price Shoots Past $600The cryptocurrency market is in full charge mode today, and Ethereum doesn’t lag behind. ETH’s price has surged above $600, and it currently trades at around $617, charting an increase of about 5.5% on...

ETH/USD: Price Consolidates After A ReboundKey Resistance Levels: $600, $636, $700Key Support Levels: $530, $489, $450ETH/USD. Source: TradingViewEthereum saw a 2% increase over the past hours following recovery from $530 over the weekend. These gains have pushed the second largest coin by market cap to its current price of $586. ETH is likely to face critical resistance at $600.Volatility may be low at the moment but its bullish trend is still looking strong in the long-term. Meanwhile, the...

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...

The world of decentralized finance continues to amaze. Roughly around 12 hours ago, someone bid almost $800,000 for a collection of nun-fungible tokens (NFT) in what seems to be the most expensive purchase of digital art in the cryptocurrency industry.$800,000 Paid for NFT Digital Art CollectionMike Winklemann is a graphic designer from Charleston, USA, who uses the artistic pseudonym Beeple. His work spans a broader field and includes short films, VR and AR work, as well as Creative Commons...