Tag: ETH

Ethereum (ETH) Bulls And Bears Tussle At $1,000; Will Bears Come Top?

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 ETH’s price lost its demand zone of $1,200 as the price struggled to hold above $1,000.   ETH’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  ETH’s price looks weak as the price struggles to hold above $1,000, with the possibility of reclaiming the daily and weekly 50 and 200 Exponential Moving Averages (EMA) remaining bleak. The price action displayed by Ethereum (ETH) has continued to look like a fairytale, with many traders and investors disheartened, following the collapse of…

XRP Price Holds Ground While BTC and ETH Slide, Here’s Breakout Zone

Ripple failed to clear $0.40 and corrected lower against the US Dollar. XRP price could start a decent increase if it stays above the $0.345 support zone. Ripple started a fresh decline from the $0.40 resistance zone against the US dollar. The price is now trading below $0.380 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.371 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could start a strong increase if it clears the…

Ethereum Price Plunges, Why ETH Could Soon Dive Below $1,000

Ethereum traded below the $1,150 support against the US Dollar. ETH is gaining bearish momentum and might dive below the $1,000 support zone. Ethereum remained in a bearish zone below the $1,150 and $1,120 support levels. The price is now trading below $1,150 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses below $1,050 and $1,000 in the near term. Ethereum…

FTX hacker splits nearly $200M in ETH across 12 wallets

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The hacker behind the theft of more than $447 million of crypto from the crypto exchange FTX has been again spotted moving their ill-gotten funds.  According to Etherscan data, between 4:11 to 4:17 pm UTC on November 21, the attacker moved a total of 180,000 Ether (ETH) across 12 newly created wallets — each receiving 15,000 ETH. The total amount moved totaled $199.3 million at current prices. Recent transactions from wallet labeled “FTX Accounts Drainer” — Source: Etherscan At the time of publication, the ETH has not moved from any…

BUY THIS?! A Crypto Mining Rig That Earns $59 PER DAY?!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io There is a new cryptocurrency mining rig that is one of the most profitable miners you can buy right now, most miners don’t even know about it! This miner earns $59 per day and only costs $5 per day to run when you are mining out of your house earning passive income! Subscribe! Buy better mining rigs here – You would earn over $59 a day mining Ethereum with the Antminer E9 and that’s after paying a residential electricity bill. But is…

Ethereum Price Dips As ETH Moved From Crypto Exchanges

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Ethereum has seen a decline over the past 24 hours. Being hit with new selling pressure, the world’s second-largest crypto asset has plummeted by over 8%. Despite its recent pressure, the whales have become more intense on ETH. The crypto market is still red, with most crypto assets declining. The bearish trend from the collapse of the FTX crypto exchange is getting more intense. Most of the prominent crypto tokens have seen a drop in their performance. Notably, the broader crypto market is passing through some corrections. The cumulative market…

FTX hacker dumps 50,000 ETH, still among top 40 Ether holders

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The hacker behind the bankrupt cryptocurrency exchange FTX started transferring their Ether (ETH) holding to a new wallet address on Nov. 20. The FTX wallet drainer was the 27th largest ETH holder after the hack but dropped by 10 positions after the weekend ETH dump. The FTX hacker drained nearly $447 million out of multiple FTX global and FTX.US exchange wallets just hours after the crypto exchange filed for Chapter 11 bankruptcy on Nov. 11. Majority of the stolen funds were in ETH, making the exploiter the 27th largest ETH…

Ethereum Price Dives 8%, Why ETH Might Soon Test $1K

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Ethereum started another decline below the $1,180 support against the US Dollar. ETH is down over 8% and there is a risk of a move towards the $1,000 support. Ethereum started a major decline below the $1,180 and $1,170 support levels. The price is now trading below $1,150 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct losses, but there is a risk of…

Elon Musk on Crypto, Bitcoin, Ftx, Mining and Twitter. Why Crypto is CRASHING!? | LIVE EVENT

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining…

FTX funds on the move as thief converts thousands of ETH into Bitcoin

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According to blockchain analysis company Chainalysis, funds stolen from the FTX crypto exchange are now being converted from ETH into Bitcoin. On Nov. 20, Chainalysis took to Twitter to encourage exchanges to freeze these coins, should the thief attempt to convert them into fiat or further obfuscate the assets through other means. 1/ Funds stolen from FTX are on the move and exchanges should be on high alert to freeze them if the hacker attempts to cash out — Chainalysis (@chainalysis) November 20, 2022 Amid the controversial collapse and bankruptcy…