Ethereum

Polkadot (DOT) Price Prediction 2025-2030: Is DOT’s $200-target even realistic?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Launched in 2020, Polkadot (DOT) is the 12th largest cryptocurrency in the world. It is an open-source blockchain that provides interconnectivity and interoperability between blockchains. The technology enables cross-chain transfers of data or assets between different blockchains. In a blogpost published last week, the Polkadot team put out its updates regarding its Roadmap...

Read more...

Ethereum’s next relief rally may be at the mercy of these ETH holders

Ethereum [ETH] has been on the receiving end of a lot of sell pressure, especially post the Merge. However, even after Ethereum’s decline in prices, validator interest and revenue had a different picture to convey. ____________________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum for 2022-2023. ____________________________________________________________________________________________ It should be noted that garnering interest from validators could […] Source link

Read more...

What FTX-Visa partnership may mean for investors and FTT

FTX [FTT] managed to get away from the woes of the downturns in the cryptocurrency market as the exchange was in the news for its recent partnership. As of 7 October, FTX confirmed that it had partnered with the payment platform Visa. According to the partnership details, Visa would provide debits across forty countries. This card would, in retrospect, allow users to make purchases with their crypto holdings. Crypto meets convenience. Unlock the ability to use crypto to fund everyday...

Read more...

Altcoins Tank As Inflation Soars

Cryptocurrency Price Today 8th Oct:—- The crypto market is down once again as the macroeconomic outlook keeps getting worse. Bitcoin fell below the $20k mark once again and is currently trading at $19,481. It fell close to 2.42% in the last 24 hours. Altcoins continue to face the major brunt of the sluggishness in the crypto market. Ethereum fell by 2.62% in the last 24 hours and is currently trading at $1327. Binance Coin or BNB was one of the biggest...

Read more...

Convex Finance [CVX]: All you need to know before last unlock takes place

According to the data from Dune Analytics, of the 16 unlocks scheduled to free up vote-locked 52.2 million CVX tokens, only one is left to go.  On 30 June, due to the limited liquidity issues that hindered its users from swapping CVX tokens for Ethereum (ETH), Convex Finance, a DeFi protocol built on Curve Finance, initiated the unlocking of some of its vote-locked tokens. However, investors feared that the planned unlocks might negatively impact the price of CVX.  Have they been...

Read more...

Lido Finance launches layer-2 Ethereum staking- Decoding its impact on LDO

In a series of tweets made by Lido Finance [LDO] on 6 October, the leading Ethereum [ETH] staking platform confirmed the launch of ETH staking on layer two scaling solutions with token bridging to Arbitrum One and Optimism.  Lido is now on L2 🏝️ Bridge your staked ETH to Layer 2 protocols at the click of a button to benefit from lower gas fees and exciting DeFi opportunities. — Lido (@LidoFinance)

Read more...

Here’s Why The Ethereum Price Is Likely To Break $1200 Support

Published 52 mins ago On October 8th, the higher price rejection at $1400 resistance level indicates the traders continue to face selling pressure. Today, the Ethereum price is down 1% and currently trades at $1338. However, this current sell-off could be aligned with the increasing possibility of another of 75 bps Fed rate hike in November.

Key points: 

The Ethereum price has been stuck in a no-trading zone since the last three weeks. A breakout from the range barrier will undermine the...

Read more...

BNB Chain’s $566M Hack: Binance Network’s Major Bridge Attack Unpacked

Key Takeaways

BNB Chain suffered a $566 million exploit Thursday after a hacker tricked the BSC Token Hub bridge into sending them two million BNB. The hacker took a novel approach to siphon the funds across other networks, making off with about $110 million. The BNB Chain halted the network and is weighing an asset freeze, highlighting major centralization issues.

Share this article

The BNB Chain team temporarily halted the network in response to the attack, which speaks volumes about the...

Read more...