On April 15, 2024, ethereum trades in a broad range between $2,991 and $3,266. Important technical indicators and chart patterns point to a possible but subtle change in market sentiment. Although there has been a bearish trend for the last week, oscillator and moving average signals suggest that there may be a bullish turnaround coming. … Read more
Blockchain analytics show that a $100,000 ether transaction using the Ethereum Name Service (ENS) domain “vitalik.eth” resulted in the conversion of that amount of ether into an equivalent number of stablecoins on the Base blockchain. The address, which is allegedly owned by Vitalik Buterin, one of Ethereum’s co-founders, presently has 955.58 ether, valued at approximately … Read more
As the price of bitcoin surged on Monday, nine freshly created spot exchange-traded funds (ETFs) for the cryptocurrency smashed their all-time daily volume record. A Bloomberg ETF analyst stated, “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” adding that Blackrock’s Ishares Bitcoin Trust (IBIT) “went wild,” shattering its record … Read more
An unidentified hacker gained access to Fixedfloat, an automated cryptocurrency exchange, and stole about $26 million in Bitcoin and Ethereum. The exchange is looking into the incident and trying to close any potential weaknesses; it has already recognized the hack. Until further notice, Fixedfloat’s platform is still closed. $26 million in ETH and BTC are … Read more
Lucas Nuzzi, Kyle Waters, and Matias Andrade have published a paper on the Social Science Research Network (SSRN) that presents a new method for determining the Total Cost to Attack (TCA) of Ethereum and Bitcoin. The thorough investigation challenges preconceived notions about blockchain vulnerability by illuminating the financial obstacles to 51% attacks. Exposing the Cost … Read more
The community’s announcement of plans to deploy the FETCH multichain bridge has led to a notable increase in interest in Shiba Inus. A storm of advances was recently marked by the announcement of the Shiba Inu community’s leading coin, Sharbi, that it will create FETCH, a unique multichain bridge that joins Ethereum, Arnitrum, and Shibarium … Read more
Sometime in the second half of 2023, the billionaire Peter Thiel’s venture capital (VC) firm Founders Fund is said to have purchased bitcoin and ethereum for $200 million. According to reports, the venture capital firm started buying bitcoin when its value was less than $30,000. New Interest in Crypto from Founders Fund Bitcoin (BTC) and … Read more
Ethereum’s daily price swings, which have ranged from $2,309 to $2,541, at $2,485, demonstrate the market’s volatility and dynamic nature. Ethereum has a market valuation of over $299.25 billion at the moment, and over the past day, $6.91 billion worth of trades have taken place globally. After reaching a top in the $2,541 range, bulls … Read more