Ethereum – Page 47

Bitcoin (BTC) Crashes With Trading Volumes At 3-Month High

After a strong push above $20,000 on Tuesday, Bitcoin has failed to hold those levels and crashed once again. the Bitcoin price is down 6.36% at press time and currently trading at $18,774 with a market cap of $358 billion. Along with Bitcoin, the broader crypto market is experiencing strong turbulence and volatility with trading volumes shooting up significantly. As on-chain data provider Santiment explains: Trading volume has heated up for #crypto markets, and especially #Bitcoin. During the...

Will Fantom [FTM]’s bullish streak of Q3 follow the altcoin as we enter Q4

Fantom, the scalable blockchain platform, in its latest general update, intimated its users of the growth registered on its network. According to the update, in the last three months, Fantom saw an average daily transactions count of 820,000. With new addresses registering on the network during Q3, unique wallet addresses on Fantom stood at a total of 3.5 million. It further added that all transactions completed on the network during the quarter cost a daily average gas fee of...

Bitcoin Slides Below $20,000 as S&P 500 Breaks Down

Key Takeaways

Bitcoin surged past $20,000 today, but then erased its gains. The top cryptocurrency’s price action was likely influenced by the S&P 500 breaking its summer lows. Bitcoin and other crypto assets have traded in close correlation with stocks throughout this year.

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Bitcoin surged by more than 5% today, but it’s now trading in the red. Its price action is likely correlated with the S&P500 trading at its lowest level since November 2020.

S&P 500 Drags Bitcoin Down

Bitcoin rallied...

Galaxy Digital CEO Mike Novogratz Explains Why ‘DeFi Is Going To Win’

Billionaire investor Mike Novogratz talked about why he is so bullish on decentralized finance (DeFi) while appearing as part of a panel at the SALT New York 2022 conference. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a technology-driven financial services and investment management firm that...

Have ETH whales altered their palate to the likes of SHIB’s ‘BONE’s

Ethereum [ETH] whales are usually known to invest a significant amount on popular memcoin Shiba Inu [SHIB]. However, this time around, whales have doubled down their exposure by investing heavily in their DeFI protocol (Bone). Whale tracking website, WhaleStats tweeted on 25 September that Shiba Inu’s BONE was one of the most used smart contracts. It stood among the top 1000 ETH whales in the last 24 hours.

A bone to pick

Ethereum whales have...

Bitcoin Skyrockets As Stock Market Crashes, Is It Breaking Correlation

The crypto market is experiencing a surprise bounce. Bitcoin has rallied from the $18K-$19K range to cross the $20K mark. It has increased by over 5% in the last 24 hours and is currently trading at $20.1K. However, since the stock markets are dumping, Bitcoin looks to break the correlation. Ethereum is also experiencing a strong rally for the first time after the merge. Ethereum has bounced over 6% in the last 24 hours and is set to cross the...

Mark Yusko: Once Fed Restarts QE, Crypto Market Will See ‘A Face Melter of a Rally’

Mark Yusko, the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management, explained in a recent interview why he believes that the Fed will soon need to stop its quantitative tightening program, which should bring in the next bull cycle. Yusko, who is also the Managing...

Profanity Vanity Addresses Suffer Another Exploit

Vanity addresses created using the Profanity vanity wallet address generator have suffered yet another hack leading to $966k in losses. The recent exploit follows a previous hack in similar fashion targeting Ethereum vanity addresses, with the Profanity tool as a common denominator.

The hacker moved 732 ETH to Tornado Cash

Leading security entity PeckShield uncovered the exploit through the official Twitter account of its PeckShieldAlert chrome extension. The firm brought the attention of the crypto community to the transfer of approximately...

“Cardano Doesn’t Need Cryptocurrency To Be Successful in Order To Succeed”, Says IOG CEO

Earlier today, Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s R&D, talked about Ethereum Foundation’s attitude toward him and Cardano.

Background

The original Ethereum white paper (titled: “Ethereum White Paper: A next-generation smart contract and decentralized application platform”) was written by Russian-Canadian...

Terra LUNA Classic [LUNC] Price Prediction 2025-2030: $5 on the cards for LUNC finally?

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. LUNA is a cryptocurrency that supported the now-defunct stablecoin TerraUSD (UST). Native to the Terra blockchain, the pair of crypto-tokens was launched in 2019. You must be aware that these twin coins collapsed in May 2022, precipitating the cryptocurrency crash witnessed in the second quarter of 2022. The journey of this audacious venture has been...