Bookmarking Crypto Insights
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Despite trading lower on Monday, bitcoin is up over 10% from the same point last week, with ETH also gaining within that period. In general, crypto markets were weaker to start the new week. Bitcoin Following some strong rallies over the weekend, BTC/USD gave back some of these gains on Monday, falling to an intraday … Read more
While the contract does wrap ETH sent to the address into WETH, the same is not true vice versa. Go to Source Powered by WPeMatico
The bearish outlook appears against the backdrop of the Federal Reserve’s tightening policies. Go to Source Powered by WPeMatico
The slated integrations with Bitcoin and Ethereum would displace the need to use a bridge, which can open the network up to malicious actors. Go to Source Powered by WPeMatico
Ethereum’s average network fees have dropped to the lowest value in 30 days at 0.0096 ether or $24.64 per transaction. Median-sized ethereum fees are lower today as well, as fees are between $8.37 to $10.82 per transaction as ether fees haven’t been this low since January 1. Onchain Ethereum Fees Drop, Current Bitcoin Fees 91% … Read more
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs More Than 5%, Ethereum Defi Dominance Still 60%, Cross-Chain … Read more
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped … Read more
Following two consecutive days of losses, bitcoin and ethereum both rebounded strongly to start the weekend. Crypto markets were trading close to 5% higher on Saturday. Bitcoin The world’s largest cryptocurrency regained some upward momentum on Saturday, as bitcoin bulls appeared to have re-entered the race. BTC/USD rose to an intraday high of $37,952.88 on … Read more
Technical analysis points toward early bottoming signs in BTC and altcoins, but analysts forecast another sharp downside move. Go to Source Powered by WPeMatico
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Data shows on January 27, 2022, an attacker siphoned a number of tokens from an exploit on Qubit Finance’s bridge and Certik says the hack … Read more