While North Korean hackers have mostly moved to other Bitcoin mixers, some illicit use of Tornado Cash continues, a report from TRM Labs says. Source
Tornado Cash Trading Volumes Nosedived 90% After U.S. Sanctions
Tag: Nosedived
30-Day NFT Sales Are 88% Lower Than They Were 8 Months Ago, Google Searches Nosedived – Markets and Prices Bitcoin News
At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows monthly NFT sales are more than 88% lower than they were in January. Furthermore, after the search term “NFT” reached the highest score on Google Trends last January, tapping a score of 100, the last week of September’s score was 12, which is also 88% lower in terms of interest. NFT Trade Volume…
Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened
Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like bitcoin, ethereum and tether have depleted considerably during the last ten days. Over the years a number of exchanges have had issues and have worried customers by stopping deposits and withdrawals for a period of time. Okex joined the list of exchanges that have halted withdrawals, as the cryptocurrency trading…
Bitcoin & Crypto Market Cap Nosedived: LTC, BNB, BCH, TRX Analysis
The total crypto market cap extended its decline and broke the key $265.0B support area. Bitcoin price is down more than 5% and it tested the $10,000 support area. Binance coin (BNB) price broke the key $28.50 support level to move into a bearish zone. Litecoin (LTC) price is down 10% and it broke the key $80.00 support area. BCH price declined heavily below the $330 and $320 support levels. Tron (TRX) price tumbled below $0.0200 and even broke the $0.0185 support level. The crypto market cap and bitcoin (BTC)…
Ethereum Price Analysis: ETH Nosedived, More Declines Likely
Key Highlights ETH price failed to stay above the $146 support and declined heavily against the US Dollar. There is a short term bearish trend line formed with resistance at $128 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct a few points towards $130, but it is likely to extend declines below $120. Ethereum price declined heavily during the past few hours against the US Dollar and bitcoin. ETH/USD could test $110 or $105 if it fails to recover above $128 and $136. Ethereum…
Bitcoin Cash Price Analysis: BCH/USD Nosedived Below $475
Key Points Bitcoin cash price failed to bounce back and broke the $500 support against the US Dollar. There was a break below a declining channel with support at $495 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair declined sharply and broke the $475 and $460 support levels. Bitcoin cash price nosedived below key supports against the US Dollar. BCH/USD is currently under pressure as it turned sell on rallies near $470-475. Bitcoin Cash Price Analysis Yesterday, we saw how bitcoin cash price failed…