Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250
Ethereum is holding the key $1,150 support against the US Dollar. ETH is rising and might even clear the $1,250 resistance zone in the near term. Ethereum corrected lower, but the bulls were active near $1,150. The price is now trading above $1,180 and the 100 hourly simple moving average. There is a key bearish…
Coronavirus Spreading In Crypto: Ex-Ethereum Dev Afri Schoedon Infected
The novel coronavirus has started to affect crypto communities, specifically that of Ethereum. After a number of ETH-related events took place in Europe earlier this month, two individuals have announced that they have contracted COVID-19, the illness that is caused by the novel coronavirus that originated in China late last year. Ethereum Community Members Catch…
SEC Hasn’t Met Requirements to Argue for an Appeal, Ripple Says
Ripple made its case to a federal judge for why the U.S. Securities and Exchange Commission shouldn't be able to appeal her ruling on its programmatic sales of XRP on Friday.
Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Nate Chastain, the former head of product at NFT platform OpenSea, has received a three month prison sentence for making tens of thousands of dollars worth of insider trades during his tenure at the NFT company.
‘Microraiden’ Payment Channels Go Live on Ethereum Network
A streamlined version of the Raiden payments channel network has been launched on the main ethereum blockchain.
Is Friend.tech a Friend or Foe? A Dive Into the New Social App Driving...
The new social app has driven over 4,400 ETH ($8.1 million) in trading volume in less than 24 hours since its launch, far surpassing OpenSea’s in the same time frame. But with its mysterious origins, lack of privacy policy and lagging network, it raises some red flags.
BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat...
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, explains the difference between long-term holders and short-term holders in order to analyze the behaviors of these types of investors. Assessing…
Market Wrap: Bitcoin Price Falls as Markets Await Fed Chair Powell’s Comments
Bitcoin (BTC) sold off mildly in Monday trading, declining 0.65% on average trading volume. The largest cryptocurrency by market capitalization rose 3% over the weekend, and has settled in near the $21,000 mark after plunging Friday. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
Is Ethereum Stronger Than Bearish Macro Factors? Why ETH Will Be Tested This Week
Ethereum has lost bullish momentum over the weekend and hints at a pullback in the short term. The cryptocurrency is still leading the current crypto market recovery with a 14% profit over the past week but might be negatively impacted by macroeconomic factors. Related Reading | Bitcoin Bulls Try To Recoup As BTC Dislodged From $22,000…
Crypto Hedge Fund Arca Nearly Doubles Sales for Flagship Fund Despite LUNA Exposure
The Digital Asset Fund, which had Terra’s collapsed token as a core holding, now has $191.7 million in sales