Chainlink (LINK) has been a topic of significant discussion among cryptocurrency enthusiasts lately, particularly after the insights shared by the pseudonymous analyst Rekt Capital on the social media platform X. Rekt Capital’s recent statement about Chainlink’s shift into the bull territory following an extended period of sideways movement has captured the attention of market observers. …
Ethereum price is slowly moving up toward the $2,000 resistance against the US dollar. ETH is in a better positive for a decent upward move than Bitcoin. Ethereum is still attempting to move toward the $2,000 level. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There is a connecting bullish trend…
After over two years of operation and maintenance by the Conflux Foundation, ShuttleFlow, a multi-asset bridge built on Conflux, is set to shut down. Per the announcement, the platform was pivotal in driving progress within the decentralized finance (DeFi) arena, enabling “seamless” asset transfers across various chains. Conflux Foundation Passes The Torch ShuttleFlow emerged as…
XRP, the popular cryptocurrency, has been making significant strides in recent trading hours. Investors and traders have witnessed remarkable gains, with the hourly chart indicating a bullish trend despite a sharp rise. As the price of XRP hovers around $0.696533, CoinGecko reports an impressive 8.9% increase in the past 24 hours, marking a seven-day rally…
A video has surfaced on social media where Ethereum founder Vitalik Buterin revealed he sold 70,000 ETH tokens during its price all-time high. Buterin Acknowledges Shorting Ethereum Crypto community member, MetaMan X, published a video post on X (formerly Twitter), disclosing a conversation where Ethereum Founder, Vitalik Buterin admitted that he had sold about 70,000…
Many had speculated that the rally in the crypto market was going to wane following the Spot Bitcoin ETF rumors fading out. That hasn’t been the case, though, and a recent revelation from a prominent crypto analyst suggests that the two largest cryptocurrencies by market cap, Bitcoin and Ethereum, could continue to see an upward…
Ethereum price is moving higher above $1,850 against the US dollar. ETH is outperforming Bitcoin and might climb further higher toward the $2,000 resistance. Ethereum is gaining pace for a move toward the $2,000 level. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming…
Partner at the Venture Capital firm Placeholder Capital and prominent figure in the crypto community, Chris Burniske, has given an instance where assets like Bitcoin and Ethereum could see a repeat of what happened in mid-2019. New Highs Before A “Final Wipeout” In a post shared on his X (formerly Twitter) platform, Burniske mentioned that…
A massive amount of ETH has made its way to centralized exchanges, increasing the Ethereum balances of these exchanges. Given the implications of exchange inflows, it could be a barrier to the cryptocurrency when it comes to claiming the $2,000 resistance. Investors Send 13,000 ETH To Exchanges Data from IntoTheBlock shows a massive amount of…
In recent developments, US authorities led by US Attorney Philip R. Sellinger successfully seized $54 million worth of Ethereum (ETH) from Christopher Castelluzzo, a convicted drug dealer operating in Lake Hopatcong, New Jersey. Massive Crypto Bust The US Attorney’s Office filed a civil forfeiture action to recover previously seized cryptocurrency that was determined to be…