Ethereum – Page 17

Shiba Inu: Here’s where SHIB stands after whales dump $5M

Ethereum whales sold off a good number of SHIB tokens amid abysmal performance The long-term sentiment of SHIB could be positive as investors remained hopeful about their actions Shiba Inu’s [SHIB] stay at the top of the holdings by Ethereum [ETH] whales could be threatened due to a notable reduction in holdings. This was because, over the last four days, these whales have sold off about $5 million worth of tokens. Read Shiba Inu’s Price Prediction for 2023-2024 According to WhaleStats, the top...

FTX During Bankruptcy Hearing: Substantial Assets Stolen/Missing

FTX Bankruptcy Hearing News: The attorney representing FTX said during the bankruptcy hearing that a substantial amount of assets were stolen or missing. Attorney Bromley also said that unfortunately the FTX debtors were not particularly well run. In his opening remarks, the attorney described the FTX case as ‘unprecedented’. He further said top FTX executives including Sam Bankman-Fried kept unreliable records. “There was a run on the bank in November, and FTX is controlled by a very small group of...

Ethereum investors must consider this ‘catch’ before going short on ETH

ETH’s press time market structure stood hounded by the bears Immense selling pressure could push funding rates further into the negative territory Ethereum [ETH] broke through several support levels and plunged even lower as FUD spread around the alleged FTX exploiter dumping ETH for BTC. The alleged FTX exploiter sold 50,000 ETH for BTC over the weekend, knocking ETH off the $1,200 mark. Read Ethereum’s [ETH] price prediction 2023-2024 At press time, ETH, the altcoin king, was trading at $1,081, having lost the psychological...

Ethereum Whales are ‘Rapidly’ Accumulating $ETH As Crypto Prices Drop, Says Analytics Firm

Ethereum ($ETH) whale and shark addresses are reportedly “rapidly” accumulating the second-largest cryptocurrency by market capitalization at a time in which cryptocurrency prices have taken a bearish turn. According to cryptocurrency analytics firm Santiment, Ethereum wallets with between 100 and 100,000 $ETH in their wallets have been increasing...

Worldwide Webb Review: Not a Perfect Metaverse, but Better Than Meta’s

Key Takeaways

Worldwide Webb is a pixel art metaverse game that enables users to customize their avatars into NFTs they own. The platform supports over 40 different Ethereum NFT collections; enthusiasts can also buy land plots and in-game items. While Worldwide Webb’s quests and mini-games quickly become repetitive, players may enjoy the platform’s social aspect.

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Worldwide Webb leans heavily into crypto lore and integrations to offer Web3 enthusiasts a metaverse experience that feels pleasant and familiar, if at times boring.

Ready Player...

JPMorgan Chase Crypto Wallet Trademark Is Approved

Key Takeaways

JP Morgan has registered a trademark for a digital wallet and related cryptocurrency processing services. The trademark does not exclusively apply to crypto but can also be applied to other financial services. Currently, the company is using the trademark with a service that provides business subledgers.

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Banking giant JPMorgan Chase’s application for a trademark for a digital wallet with crypto features has been awarded by the U.S. Patent Office after more than two years in application status.

JPM Trademarks...

Barry Silbert’s DCG, Genesis Fallout Could Be Worse Than FTX, Here’s Why

Crypto trading firm Genesis’ exposure to bankrupt crypto firms FTX and Three Arrows Capital is pulling its parent Digital Currency Group (DCG) and Grayscale into the contagion. Now, it has come to light that Barry Silbert’s DCG owes over $1.1 billion to Genesis. Some claim DCG fallout could have more ripple effects than FTX.

DCG Owes Over Billion To Genesis

Andrew Parish, co-founder of ArchPublic, in a tweet on November 21 claimed that Barry Silbert’s DCG owes...

Ethereum Under Free Fall As FTX Hackers Sells Massive Quantity

The world’s second-largest cryptocurrency is under strong selling pressure on Sunday evening. As of press time, Ethereum (ETH) is trading 8.09% down at a price of $1,120 and a market cap of $137 billion. On Sunday, November 20, reports emerged that the FTX hacker who stole $600 million from the exchange is converting his ETH stash to Bitcoin. Last week, the hacker converted all the stablecoins to Ethereum accumulating $288 million worth of ETH. Citing data from Etherscan, crypto journalist...

Pullback Opportunity Shine On Spain National Fan Token (SNFT)

Published 31 mins ago The Spain National Fan Token shows a minor pullback after witnessing a massive rally last week. This pullback should stabilize the price from aggressive buying pressure and eventually lead to a bullish upswing to surpass $0.545; however, far may this pullback go?

Key Points:

A low volume reversal hints at a temporary rpullback in Spain National Fan Token(SNFT) price The $0.4 support could offer a strong launchpad to resume the prior rally. The 24-hour trading volume in the Spain...

$SOL: Coin Bureau Explains Why Solana Price Could Go As Low as $8

In an update released two days ago, Coin Bureau looked at how the collapse of SBF’s FTX empire could impact the price of $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses...