Tag: ETH

Ethereum Freefalls 20% Following $600 Million ETH Liquidation

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Ethereum has been on a wild ride lately. The cryptocurrency took a nosedive and crashed to a point where ETH changed hands around $2,550, having lost more than 20% of its value in the last 30 days. But despite this massive liquidation, Ethereum’s price forecast still looks rosy. According to Cryptorphic, Ethereum’s future could see it rebound, and that critical support levels create a leeway toward a bullish turn. Related Reading There are a couple of critical reasons for such a slump, especially in the last weeks. According to a…

Bitcoin Price (BTC) Rose 0.5% While Ether Price (ETH) Stayed Flat

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

The Next ETH Moonshot? Solana Investors Are Going Wild!

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In the fast-paced world of cryptocurrency, new tokens emerge regularly, each with the potential to disrupt the market and deliver staggering returns. Among the most talked-about tokens recently is Mpeppe (MPEPE), a memecoin that is quickly becoming the talk of the town, especially among investors who are traditionally more aligned with Ethereum (ETH) and Solana (SOL). With the rapid adoption of Mpeppe and its promising trajectory, Solana investors, in particular, are going wild over its potential. The Solana vs. Ethereum Debate: Why Mpeppe Is Gaining Traction Solana (SOL) and Ethereum…

Bitcoin Price (BTC) Gained 1.5% While Ether Price (ETH) Rose 1.8%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Binance saw $3.7b worth of BTC, ETH leave in 30 days

Following the latest allegations, Binance, the leading cryptocurrency exchange, witnessed a huge number of Bitcoin and Ethereum outflows. According to data provided by Coinglass, a total of 51398 Bitcoin (BTC) tokens left Binance over the past month. Data shows that the majority of the outflows, around 48,000 coins, happened on Aug. 27 as many Palestinian users complained of frozen assets on the exchange. BTC balance on Binance – Aug. 29 | Source: Coinglass In addition, Binance, the largest crypto exchange by trading volume, saw over 275,200 Ethereum (ETH) tokens leave…

This New ETH ICO Has Got The Dogecoin Community In a Frenzy, Here’s Why

Recently, Mpeppe (MPEPE), a new Ethereum-based ICO, has managed to generate significant buzz within the Dogecoin (DOGE) community. This article delves into why Mpeppe (MPEPE) has become a hot topic among Dogecoin (DOGE) supporters and explores what sets it apart in the crypto landscape. Dogecoin Community Buzzes Over Mpeppe’s Arrival A New Contender Stirs Excitement Among DOGE Holders The Dogecoin (DOGE) community, known for its enthusiasm and meme-driven investments, is abuzz with the arrival of Mpeppe (MPEPE). As an Ethereum-based ICO, Mpeppe is tapping into the same meme-driven culture that…

Why BTC and ETH Outshine, While Altcoins Struggle in 2024

However, the collapse of many key institutional lenders (e.g. BlockFi, Celsius, Voyager, Genesis) hampered the speculative demand these same lenders helped fuel. Though we’ve started to see signs of a recovery, with new entrants like Coinbase’s institutional financing business, this area remains tepid compared to just a few years ago. In addition, today’s higher rate environment offers less incentive to move money on-chain into a choppy market, especially when the alternative is getting paid 5% on your cash or stablecoin holdings to wait and see. Source

Bitcoin Price (BTC) Falls 1.8% While Ether Price (ETH) Drops 2.6%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…