Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ETH
Amid Ethereum (ETH) $3.3k Correction, Analysts Suggest DeeStream (DST) Presale Could Hit 100X, Drawing Dogecoin (DOGE) & Polkadot (DOT) Investors
As Ethereum (ETH) corrects around $3.3K, many cryptocurrency enthusiasts are watching DeeStream (DST) as speculation of 100x seems likely. This unheard potential has lured interest from investors seeking alternatives to Dogecoin (DOGE) and Polkadot (DOT). While Dogecoin (DOGE) continues its remarkable performance, Polkadot's staking interface update further elevates its appeal. All these conditions, together, form a ground on which the appearance of DeeStream (DST) as a super fresh streaming service on the market is based. Let's find out what makes…
1 year ago
Mid March Sees New Fezoo (FEZ) Exchange Predicted to Explode 25X, Capturing Ethereum (ETH) Dencun Upgrade Buzz & Avalanche (AVAX) Interest
Mid-March has marked a pivotal moment for many crypto fans who now put their sights firmly on the upcoming Fezoo (FEZ) exchange launch. Meanwhile, Ethereum (ETH) investors buzz amidst the noise of the latest Dencun upgrade and Avalanche (AVAX) is getting noticed for its varying movements. With all these fluctuations, investors looking for diversification are wondering what dynamics power this development and how the emergence of Fezoo (FEZ) promises a new era for decentralized trading. Ethereum (ETH): Optimism Amidst Upgrades…
1 year ago
100X Predicted Koala Coin (KLC) Lights Up the Market: Ethereum (ETH) & Bitcoin (BTC) Traders Add a Touch of Whimsy to Their Portfolios
Exciting newcomer Koala Coin (KLC) emerges at a time when crypto giants Bitcoin (BTC) and Ethereum (ETH) are carving their marks through significant market shifts and tech innovations. This novel contender is set to captivate the crypto community with its presale phase. Currently positioned at stage one and valued at $0.014, Koala Coin (KLC) transcends the traditional investment paradigm by offering an expedition into a realm where the zest of memes collides with financial ingenuity. Koala Coin (KLC): The New…
1 year ago
Why is the Ethereum (ETH) Price Up Today?
Ethereum is back above $3,300 after a brief drop under this key level. In the following, we take a look at a few technical indicators that might provide some insights into why the ETH price is up today. Key Support levels: $3,300 Key Resistance levels: $4,000 1. Bulls Regain Control The correction that started in mid-March appears to be ending. After ETH briefly went to $3,000, buyers quickly came back to push it above $3,300, which is the current support.…
1 year ago
Syntrum Unveils Upcoming $SYTDAO Presale and Tokenomics
Syntrum is excited to unveil its upcoming presale for the Syntrum Founders DAO Token. Offering substantial rewards, potential for return on investment, and governance rights, this token presents a unique opportunity for early supporters. Token holders will gain access to a comprehensive digital ecosystem comprising Decentralized Finance (DeFi), Gaming Finance (GameFi), and Non-Fungible Tokens (NFTs). Syntrum has uniquely structured its token economics to include no team allocation but instead a sales allocation for members, Decentralized Exchange (DEX) liquidity, and staking…
2 years ago
Ethereum Recorded 4x More Transactions in 2022 But BTC Remains Popular
2022 saw crypto second-in-command the Ethereum network surpass Bitcoin in terms of transactions. Indeed, Ethereum reeled in four times the amount of transactions BTC processed in the past 12 months. Interestingly, despite this, BTC was able to retain its status as the best-known cryptocurrency, netting more searches than Ethereum did. BTC Attracts the Most Online Interest in 2022 An analyst shared data on Reddit from financial services corporation Nasdaq alongside investment research platform Ycharts pertaining to both crypto assets. Per…
2 years ago
FTX Hacker Converts 50k Stolen ETH to BTC
Per a report from blockchain analysis firm Chainalysis, the attacker behind the Nov 11 FTX exploit, is converting the stolen ETH to Bitcoin. There were muted fears the seemingly inexperienced perpetrator could dump all its ETH holdings. On Sunday, the attacker dumped 50k ETH on-chain, with ETH's price dipping by almost 7%. https://twitter.com/chainalysis/status/1594349583416840199?s=20&t=pgvQHeVytI20eKQ1ls9bxw Hacker Moves 50,000 ETH to New Address Over the past week, the perpetrator had been steadily swapping the cryptocurrencies they had carted off for Ether tokens. This…
3 years ago
Hacker Steals Over $2M From DeFi Platform TempleDAO
Earlier today, yield farming platform TempleDAO suffered losses scaling $2 million after a hacker breached the protocol. This attack is the latest in a series of exploits across the DeFi industry over the past few weeks. Almost 2000 ETH Stolen Twitter user spreekaway first caught sight of the attack via on-chain data which they shared in a tweet. Blockchain security company Peckshield later confirmed the news on their Twitter page. According to the firm’s report, the attacker funded the exploit…
3 years ago
Hacker Carts $1M in Another Vanity Address Breach
Amidst a rise in DeFi breaches, yet another address from Ethereum vanity wallet address generator Profanity has fallen victim to an attack. A malicious actor was able to exploit a vulnerability in the tool and make off with almost $1M worth of ETH. This comes roughly a week after DEX aggregator 1Inch spotted and highlighted the weakness in Profanity-generated addresses. Hacker Steals 732 ETH Blockchain security company Peckshield called attention to the latest attack early on Monday. The firm published…
3 years ago