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After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates. Mega Ethereum Whale Distributes 145,000 Ether to 9 Different Addresses On August 14, 2022, onchain data […]Powered by WPeMatico
Bitcoin and altcoins met selling at key overhead resistance levels and investors are unsure whether traders will buy the current dip.
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Bitcoin was trading lower to start the week, after the token briefly rose above $25,000 during Sunday’s session. As of writing, the global cryptocurrency market cap is currently trading 2.85% lower. Ethereum also dropped lower on Monday, with prices moving away from a recent high above $2,000. Bitcoin After a brief stint above $25,000 over […]Powered by WPeMatico
After a bullish rally last week and a weekend of sideways trading, Bitcoin price is struggling to hold the $24k support level this Monday as trading volume shows a substantial increase. Bitcoin is trading at $24,090, with a 24-hour trading volume increase of 50%. Ethereum’s price dipped below $1,900 this Monday, with its market cap hovering at half of Bitcoin’s. Key Points: Bitcoin price tests support at $24k, while Ethereum struggles to hold above $1.9k The 24-hour trading volume for BTCUSD and ETHUSD shows a significant increase, suggesting a price continuation pattern for the digital assets. Bitcoin briefly surpasses $25k
The post Bitcoin Price Struggles to Hold Support as Trading Volume Rises appeared first on The Merkle News.
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The city of Buenos Aires will deploy a number of Ethereum validator nodes in 2023. The statements were made by Diego Fernandez, secretary of Innovation and Digital Transformation of the city, who clarified this deployment will pursue exploratory and regulatory purposes and will help the city to develop regulations for cryptocurrencies. Buenos Aires to Deploy […]Powered by WPeMatico
Vaculug, a British company that brands itself as Europe’s largest independent tire retreader, will now accept cryptocurrencies for its products and services. Its management says the business must move with the times and offer customers more options than pounds and pence. Vaculug to Take Major Coins, Offer Contracts in Cryptocurrency U.K.-based tire retreading firm Vaculug […]Powered by WPeMatico
Non-fungible token (NFT) sales managed to climb higher during the last seven days than the previous week’s overall sales. This week’s NFT sales managed to jump over 6.3% after recording more than $153 million in sales compared to last week’s $144 million. Non-Fungible Token Sales This Week Climb More Than 6% Higher, 2 NFT Collections […]Powered by WPeMatico
Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of the Curve Finance Hack Funds, Domain Provider Says Exploit Was DNS […]Powered by WPeMatico
Liquidity is strong on alt markets as Bitcoin gives way to Ethereum after a battle which has raged throughout 2022.
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After testing support on Friday, Bitcoin and Ethereum prices rise this Saturday as BTC rallies past $24k and ETH pushes closer to the $2k level, attempting to break its 3-month high. While the overall trading volume for BTCUSD and ETHUSD is declining, the market is showing significant upside, with the global cryptocurrency market cap rising by 3.53%, currently at $1.17 trillion. Key Points: Bitcoin Price Rises to $24.8k, attempting to breach $25k. Ethereum Price rallies past $1.9k, looking to break a 3-month high. Tornado Cash developer arrested in Amsterdam after U.S. Treasury sanctions crypto mixer. Ethereum surpasses 50% of Bitcoin’s
The post Bitcoin and Ethereum Prices Rise, Tornado Cash Developer Arrested appeared first on The Merkle News.
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