Ethereum, the second-largest cryptocurrency, just hours ago reached a four-month high of $1,929, breaking the key resistance level of $1,900. At present, it is trading at $1,919, reflecting a 3% gain over the past 24 hours. Data from IntoBlockchain indicates that Ethereum remains in a “mostly bullish” position, with strong
The EU’s banking regulator, the European Banking Authority (EBA), has suggested new rules for stablecoin issuers that would establish minimum capital and liquidity criteria. With the new liquidity requirements in place, the stablecoin should be easily redeemable even when markets are volatile, mitigating the risks of bank runs and contagion.
When comparing the blockchains with the highest total value locked (TVL) in DeFi, Ethereum, the leading altcoin and smart contract platform, had its TVL drop by 0.25%, to $24.05 billion, but it still leads the pack. Moreover, according to CoinShares’ most recent weekly report, $767 million has flowed into digital
The blockchain analytics firm Nansen reports that the amount of weekly Ether sales of NFTs has been rising steadily. For the week ending October 9, Nansen said on Twitter that NFT sales totaled 29,704 ETH, or almost $56 million. Week after week, more and more people bought and sold until
As of Monday morning, there were almost 400 unique GROK tokens in circulation, with a total market value in the tens of millions of dollars. This allowed early investors to invest in multiples of their first token purchases. Several blockchains make it possible for anybody to make a call to
The parent business of Bored Ape Yacht Club (BAYC), Yuga Labs, hosted the much awaited return of its big in-person event, ApeFest 2023, which was held in Hong Kong from November 3 to November 5. This year’s Hong Kong event did not focus on music in the same way that
Whale Alert has discovered yet another incredible transaction of SHIB from cryptocurrency exchange Bitvavo. A whopping 4.4 trillion SHIB were moved from Bitvavo to a wallet owned by an unknown user. 🚨 🚨 4,454,530,677,374 #SHIB (34,314,122 USD) transferred from #Bitvavo to unknown wallethttps://t.co/vySQ16pctv — Whale Alert (@whale_alert) November 3, 2023
In October, Ethereum, the second-largest cryptocurrency, experienced a bullish run that extended into November, breaking through the $1800 resistance and reaching a three-month high of $1873 just hours ago. This surge has been a game-changer for Ethereum, which was in a prolonged bearish phase before taking a bullish break in
Things are starting to look up for XRP as the price continues its upward pace. For the last several weeks, the price has been rising. The XRP price has broken over the $0.6 level, as well as the 50-day and 200-day moving averages. In addition, the relative strength indicator has
Since October 24, the world’s largest cryptocurrency, Bitcoin (BTC), has ignited a bullish trend across the broader crypto market. Also, Bitcoin enthusiasts and investors have been on the edge of their seats as BTC surges above the $34,300 range, and the excitement is solid. The surge in Bitcoin’s value is
