Ethereum balance on crypto exchanges hits new lows as ETH price retakes $3K
Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH. Go to Source Powered by WPeMatico
Ethereum
Auto Added by WPeMatico
Axie Infinity (AXS) gains over 45%, but ‘death cross’ fears persist
AXS may form a death cross between its 20-day and 50-day exponential moving averages despite the latest rebound. Go to Source Powered by WPeMatico
Infrastructure Provider Blockdaemon Raises $155 Million With Participation of Goldman Sachs
Blockdaemon, a blockchain infrastructure provider, has raised $155 million in its Series B funding round, which will aid its expansion plans to make acquisitions in the crypto infrastructure market. The funding round had the participation of Goldman Sachs, Softbank Vision Fund 2, Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital, among others. Blockdaemon Raises … Read more
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been “affected by the attack.” Defi Project Vee Finance Suffers … Read more
Ethereum ‘head & shoulders’ chart pattern puts ETH price at risk of dropping to $2K
The bearish setup positions Ethereum price to extend the decline toward $2,000. Go to Source Powered by WPeMatico
Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX
Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls. Go to Source Powered by WPeMatico
Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears
The pattern’s neckline support near $1,984 emerges as Ethereum’s downside target. Go to Source Powered by WPeMatico
JPMorgan Strategist Estimates Ether’s Fair Value at $1,500 Amid Competition From ‘Ethereum Killers’
A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that Ethereum is not so unique anymore, and … Read more
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin held in TVL worth more than $13 billion and $15 billion has been … Read more
Finance Redefined: Maverick Vitalik in Time Mag, Sept. 13–17
Vitalik in Top-100 innovators, Cardano’s smart contract launch and carbon NFT’s — all coming to you this week in Finance Redefined. Go to Source Powered by WPeMatico