Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC
The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin. Go to Source Powered by WPeMatico
Ethereum
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‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ
At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called ‘Ethereum killers’ have surpassed the leading … Read more
Price analysis 12/30: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Bitcoin and select altcoins remain under pressure as bounces off support levels are being sold into. Go to Source Powered by WPeMatico
Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest
According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the funds were spent by SBF, it goes against the court’s release conditions that note the former FTX executive is not allowed to spend more than … Read more
Onchain Sleuths Discover Funds Linked to Alameda Swapped for ETH, USDT, BTC by a Mysterious Entity
On Dec. 27, 2022, a number of onchain researchers noticed that funds connected to Alameda Research and FTX have moved and have been swapped for other tokens. Reports show the hacker known as the ‘FTX Accounts Drainer,’ traded large sums of ERC20 tokens for digital assets like tether, ethereum, and bitcoin. Funds Tied to Sam … Read more
Price analysis 12/28: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control. Go to Source Powered by WPeMatico
More Than $19 Billion in BTC, ETH, Stablecoins Left Exchanges Since the Onset of FTX’s Collapse
For more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec. 26, roughly 356,848 bitcoin and 4.48 million ether were withdrawn from a myriad of crypto trading platforms worldwide. $6 Billion in Bitcoin, Over $5 Billion … Read more
2 NFT Projects Plan to Transition From Solana to Alternative Blockchains
Two prominent Solana projects have announced they are transitioning over to new blockchains. The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts NFT team detailed it is moving to Polygon. Both teams said the transitions will take place in 2023. Degods Says NFT Project Will Move … Read more
Price analysis 12/26: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
The S&P 500 may try to move up in the short term and that could trigger a recovery in Bitcoin and select altcoins. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Monday as Markets Remain Sluggish Following Christmas
Cryptocurrencies were mostly consolidating on Dec. 26, as markets remained muted following the Christmas weekend. Bitcoin remained marginally above a key support point at $16,800, whilst ethereum remained near a ceiling at the $1,230 mark. Overall, the global crypto market is up 0.20% as of writing. Bitcoin Bitcoin (BTC) remained slightly above a ceiling at … Read more