Tag: Markets

Ethereum After The Merge

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Now that the #Ethereum merge (transition from proof of work to proof of stake) has come and gone, it is worthwhile to perform some type of price analysis. In this video, we continue to discuss the macro headwinds that #ETH faces in the short-term and discuss the outlook on #ETH / #USD and #ETH / #BTC pairs. Let me know what you think of this analysis in the comments! Sign up for the ITC newsletter: Every month, 1 person will be randomly…

Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit – Markets and Prices Bitcoin News

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Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit by the end of 2025 if Ripple Labs wins the lawsuit against the U.S. Securities and Exchange Commission (SEC). Finder’s Specialists Assume Ripple’s Lawsuit With SEC Will Determine Future Price 55 specialists chosen by Finder have shared their predictions concerning xrp’s (XRP) future value, and the…

Exchange Giant Coinbase Adds Support for Ethereum-Based Blockchain Video Game Altcoin As Markets Stumble

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Cryptocurrency exchange Coinbase is listing the utility and governance token of Illuvium (ILV), an open-world fantasy battle game built on the Ethereum (ETH) blockchain. According to the announcement by the largest crypto exchange in the US, consumers should only trade ILV on the ETH network. “Coinbase will add support for Illuvium (ILV) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. Inbound transfers for this asset are available on Coinbase and Coinbase Exchange in regions where trading is supported.”…

Crypto markets to see ‘explosive volatility’ soon: Arcane Research

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Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term. After weeks of reduced volatility, cryptocurrencies like Bitcoin (BTC) are likely to see sharp price changes in the short to medium term, according to one analyst. The current situation in cryptocurrency markets could potentially generate “explosive volatility” due to massive leverage and recent low volatility, Arcane Research analyst Vetle Lunde suggested. Lunde pointed to “leverage bonanza,” or leverage going parabolic in the crypto derivatives market, while Bitcoin has continued…

Devere CEO Expects Further Volatility in Crypto Market Before Year-End — Says Savvy Investors Will Benefit From Panic Sellers – Markets and Prices Bitcoin News

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The CEO of Devere Group, a financial advisory and asset management firm, anticipates further volatility in the crypto market before year-end. However, he stressed that “for serious investors, this will not necessarily be seen as a bad thing,” noting that “Savvy, long-term crypto investors will be looking to benefit from panic sellers by buying their digital currencies ‘on the cheap.’” Devere CEO’s Crypto Outlook The CEO of financial advisory and asset management firm Devere Group, Nigel Green, shared his view on the future outlook for bitcoin and ether Monday. “Markets…

Mango Markets hacker proposes steep settlement

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The Solana DeFi protocol suffered a $117 million exploit on Oct. 11, and the hacker wants 70M USDC in “bug bounty.” On Oct. 12, one day after $117 million was drained from Solana DeFi platform Mango Markets via a price feed exploit, the hacker responsible for the attack demanded a settlement. The proposal was filed on the Mango Markets decentralized autonomous organization (DAO) governance forum.  If passed, the procedure would involve the hacker sending stolen Mango Markets (MNGO), Solana (SOL) and Marinade Staked SOL tokens to an address provided by…

Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March – Bitcoin News

According to various reports, the Solana-based trading and lending platform Mango Markets was hacked as a malicious actor was able to siphon $117 million from the protocol. An analysis of the hack published by Certik explains that the attacker manipulated the price of the project’s native token mango (MNGO) which allowed them to borrow $117 million against the exploited collateral. Mango Markets Hacked for $117 Million, Blockchain Security Firm Summarizes the Attack Vector On Tuesday, the Solana-based Mango Markets platform was hacked for $117 million. The team tweeted about the…

Finder’s Specialists Predict Ethereum Will Slip to $963 This Year, but End 2022 at $1,377 per Unit – Markets and Prices Bitcoin News

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46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than three months left in 2022, Finder’s panelists predict that ethereum will drop as low as $963 per unit this year, and they also expect ethereum to end the year at $1,377 per unit. 46% of Finder’s Experts Think Ethereum Is Undervalued, While 31% Think the Price Is Fair On October 11, 2022, Finder.com, the product and price comparison web portal, published…