Cardano climbed for a second consecutive session on Dec. 23, as the token surged to its highest point since Monday. Overall, crypto prices were marginally higher as of writing, with the global market cap currently up 0.49%. Xrp, formerly known as ripple, also rose, with prices nearing a key resistance level. Cardano (ADA) Cardano (ADA) […]
FTX Token Jumps 65% As SBF Returns Home, Can FTT Hold The Gains?
FTX Token (FTT) saw massive gains on Thursday as news of former CEO Sam Bankman-Fried making bail spread across the space. The rapid uptick in the price of the token showed the positivity, albeit brief, that had spread across investors in the token. However, as the dust settles on the disgraced founder, the question now […]
Bitcoin closes year with 26th largest market cap globally
Bitcoin (BTC) heads into the Christmas period with the 26th largest market cap at $324.68 billion, just below Mastercard with $328.35 billion. Ethereum (ETH), on the other hand, ranks 77th on the list with a $147.60 billion market cap, while Tesla loses its place amongst the top 10 and places 13th with $395.82 billion. Ranking […]
Crypto.com Sends Lots of Money to the Wrong Place
Popular digital currency exchange Crypto.com is in hot water after it allegedly sent a lot of digital money to the wrong account. Crypto.com Sent Money to the Wrong Area At the time of writing, Crypto.com is purported to have sent as much as $400 million in Ethereum funds to a wallet stationed on the platform […]
North Korean Hackers Have Stolen $1.2B in Crypto Since 2017
According to South Korea’s main spy agency, North Korea is suspected of using these funds for its nuclear and missile programs.
SPAC Deal of Crypto Exchange Bullish Called Off
With the merger agreement reached in July 2021, Far Peak and Bullish planned IPO listing. The company’s CEO acknowledged that the journey was taking longer than expected. The proposed merger between Bullish, a cryptocurrency exchange backed by Peter Thiel, and Far Peak Acquisition Corporation, a special purpose acquisition company (SPAC), has been called off. With […]
Machine learning algorithm sets Ethereum (ETH) price for January 1, 2023
The post Machine learning algorithm sets Ethereum (ETH) price for January 1, 2023 appeared on BitcoinEthereumNews.com. As the turn of the year is approaching, the cryptocurrency sector is still struggling with the consequences of the collapse of the crypto trading platform FTX, including Ethereum (ETH), which…
Aave To Introduce Proof of Reserve Approach To Secure Bridging Assets
The post Aave To Introduce Proof of Reserve Approach To Secure Bridging Assets appeared on BitcoinEthereumNews.com. 2 hours ago | 2 mins read Defi News Over 99% of participants voted in support of the proposal. The proposed solution is Aave using the aggregator smart contract in…
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,230 Resistance, Following Strong US GDP Data
Ethereum edged closer to a key resistance level of $1,230 on Dec. 23, as markets continued to react to better than expected U.S. GDP data. Gross domestic product in the United States was revised higher to 3.2%, better than the 2.9% expected. Bitcoin mostly consolidated in today’s session, with prices trading near the $16,800 mark. […]
ETH Needs to Break This Level to Initiate a Rally (Ethereum Price Analysis)
Ethereum’s price has dropped below a significant resistance zone where the 100-day and 50-day moving averages and a recently formed channel’s middle boundary had a stronger confluence. Therefore, a possible uptrend will be possible only if the price exceeds this range. Oppositely, a rejection might trigger another bearish leg. Technical Analysis By Shayan The Daily […]