Day: December 2, 2023

Ethereum Price Sets New 2023 High, Sets Sights On $3,000

boss

Ethereum price action is pushing higher over the weekend, setting a new 2023 high. The move is also a significant sign that an uptrend is forming. Could $3,000 be the next stop for Ether? Ethereum Sets New 2023 High, Uptrend In Progress ETHUSD has struggled to catch up to Bitcoin’s unstoppable dominance throughout most of 2023, but that could soon change. That’s because Ethereum is finally joining in on the bullish price action across crypto, making a new 2023 high. The move is also a local higher high. A series…

Coinbase market share grows outside US trading hours amid Binance saga: Report

boss

Following cryptocurrency exchange Binance reaching a substantial multi-billion-dollar settlement with United States regulators last week, an on-chain data analytics firm reported a surge in Coinbase’s market share. On November 21, Binance and the United States Department of Justice (DoJ) reached a settlement of $4.3 billion, settling allegations related to anti-money laundering. However, the legal challenges have led to other crypto exchanges seeing an increase in market share, according to research firm Kaiko Research. The firm recently published a report that indicates that Coinbase has seen an uptick in its trading…

Crypto Pundit Predicts When Bitcoin Will Reach A New ATH

boss

The Bitcoin future price trajectory has been the talk for many months, as many analysts expect the next surge anytime soon. According to crypto analyst Mags, the cryptocurrency’s past history around its halvings gives a timeline on when to expect the next Bitcoin price milestone.  Mags made this known in a social media post on X, detailing how Bitcoin surged between 234 and 216 days after the past two halvings to reach new all-time highs.  Crypto Analyst’s Prediction Model Based On Past Halvings Crypto analysts have developed different models in…

What Is Polygon Matic: An Explainer

boss

Polygon (MATIC) is one of Ethereum’s premier scaling solutions. This article addresses critical questions such as “What is Polygon?”, “What is Polygon crypto?” and the specifics of “What is MATIC crypto?”. We look at Polygon’s unique blockchain architecture and its role in the evolution of the Ethereum blockchain. In addition, we take an in-depth look at MATIC, the blockchains’ native token, and its transformation into Polygon 2.0. Last but not least, we also examine key partnerships and try to make a MATIC price prediction. What Is Polygon MATIC? Polygon, birthed…

OKX Wallet integrates DeSyn defi protocol

The OKX Wallet is integrating DeSyn, a decentralized finance (defi) protocol powered by Ethereum (ETH), to enable users to generate synthetic assets and engage in decentralized asset management. The OKX Wallet is a cryptocurrency wallet from the stables of OKX exchange. It grants access to over 80 blockchains and incorporates MPC technology for convenient wallet recovery, the company says.  Operating on the Ethereum blockchain, DeSyn empowers users to effortlessly create diverse synthetic assets and trade seamlessly within genuine market dynamics. Users can efficiently manage personalized pool-based portfolios incorporating a range…

North Korean hackers have pilfered $3B of crypto over past six years: Report

boss

According to United States cybersecurity firm Recorded Future, North Korean hackers have stolen around $3 billion in cryptocurrency since 2017, with more than half of that amount stolen in the past year alone. Recorded Future indicated in a recent report that the amount of stolen crypto equates to approximately half of North Korea’s entire military expenses for the year: “North Korean threat actors were accused of stealing an estimated $1.7 billion worth of cryptocurrency in 2022 alone, a sum equivalent to approximately 5% of North Korea’s economy or 45% of its military…

What Happened To The Terra Luna Founder?

boss

Few names have sparked as much intrigue and controversy as Do Kwon (sometimes called Kwon Do). From the meteoric rise of Terra Luna to its sudden and tumultuous downfall, Do Kwon has become a figure of significant interest and speculation. In this comprehensive exploration, we delve into the journey of Terra Luna’s Do Kwon, the mastermind behind one of the most talked-about projects in the crypto world. We’ll uncover the latest Do Kwon news that has kept the crypto community on its toes, analyze the Do Kwon net worth, and…

Vitalik Buterin NFTs triggers surge in Ethereum gas fees

The Buterin Cards NFT collection triggered a 13% gas fee increase on the Ethereum (ETH) network. In the past 24 hours, transactions linked to the collection resulted in fees totaling 318.31 ETH, equivalent to $665,670. Buterin-themed NFTs   As of 3:00 p.m. ET on Dec. 2, transactions linked to a new non-fungible token (NFT) project known as Buterin Cards reportedly accounted for over 13% of the total Ethereum network gas fees within three hours, surpassing fees from the Uniswap universal router address and Tether’s public address, according to Etherscan data. …

Bitcoin’s latest price surge puts 80% of holders at profit

boss

Bitcoin’s (BTC) recent positive price movement has put most holders in the green, according to blockchain analytics firm IntoTheBlock. Over 80% of Bitcoin holders are currently in profit, marking the highest profitability level since December 2021. Bitcoin’s highest level since December 2021 In a recent post, IntoTheBlock disclosed that this milestone is particularly significant, as it represents the highest profitability level recorded by the flagship cryptocurrency in the last two years. Market participants and expert analysts believe that BTC could ascend further, with indicators hinting at the possibility of the…

Analyst Identifies Trigger For Next Parabolic Move

boss

Crypto analyst JD has once again commented on XRP making a “parabolic” move. This time around, he has identified exactly what needs to happen for the crypto token to enjoy a significant rally.  All Eyes On The MACD In a post shared on his X (formerly Twitter) platform, JD highlighted the MACD (Moving Average Convergence Divergence) as the trigger for the crypto to enjoy a significant rally. He noted how XRP went “parabolic” the last time the MACD crossed the 0 level. According to him, that hasn’t happened this time,…