Market Analysis

Ethereum price rises by 50% against Bitcoin in one month — but there’s a catch

The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction. 9019 Total views 41 Total shares Ether (ETH), Ethereum’s native token, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, “the Merge,” grows. ETH at multi-month highs against BTC On the daily […]

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Market Analysis

Crypto “Has to Transform Into Something Useful” by 2032: Vitalik Buterin

Vitalik Buterin spoke at a closed press conference in Seoul today in the lead-up to EthSeoul. The Ethereum creator discussed ZK-Rollup technology, the challenges a “100% complete” Ethereum will face, and why the next few years should be the proving grounds for blockchain applications. Key Takeaways Vitalik Buterin has said that blockchain applications will need […]

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Market Analysis

Voyager Plans to Reopen Withdrawals Next Week

Voyager Digital says that it has gained court approval that will allow customers to withdraw funds from FBO accounts at the Metropolitan Commercial Bank. Shutterstock photo by T. Schneider Key Takeaways Voyager says it has received court approval that will allow it to reopen withdrawals to customers. The company says that it plans to reopen […]

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Market Analysis

DeBridge Team Foils Possible Lazarus Group Cyberattack

DeBridge Finance co-founder Alex Smirnov claims the team was the subject of an attempted cyberattack yesterday by the North Korean hacking group. Key Takeaways DeBridge Finance fended off a cyberattack yesterday, according to co-founder Alex Smirnov. The modus operandi suggests the entity behind the attempted attack may be North Korean hacking syndicate Lazarus Group. Lazarus […]

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Market Analysis

Nomad Hackers Return $22M Following Bridge Attack

The Nomad bridge recovery wallet has received crypto tokens worth about $22 million from 35 different wallets. Key Takeaways The Nomad bridge recovery wallet has received $22 million following Monday’s $190 million hack. 35 different wallets have returned funds to the protocol, 24 of them before the 10% bounty was announced. Crypto has suffered from […]

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Market Analysis

Ethereum Users Flock to Optimism for Aave Liquidity Mining Launch

Users lending and borrowing assets on Aave through Optimism’s Layer 2 chain can now earn additional OP token rewards.  Key Takeaways OP token liquidity mining is now active on the Optimism version of Aave. Since the update went live, deposits to Aave on Optimism have increased 493%. The liquidity mining program has also helped push […]

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Market Analysis

Tiffany & Co. NFT Drop Raises $12.5M After Instant Sellout

The CryptoPunks-derived NFTs can be redeemed for digital art and real-world jewelry. Cover artwork courtesy of Tiffany & Co. Key Takeaways Tiffany & Co. raised more than $12.5 million on its first NFT collection today. Priced at 30 ETH each, the collection of 250 CryptoPunks-inspired NFTs sold out in around 20 minutes. Tiffany & Co. […]

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Market Analysis

Flow Soars Over 50% on Meta NFT Support News

The FLOW token has rallied since Meta announced it would expand its Instagram digital collectibles feature to support NFTs minted on the Flow blockchain. Key Takeaways FLOW is up over 50% today. The rally comes after Meta announced it would expand its Instagram NFT feature to support Flow NFTs. The NFT market has been hard […]

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Market Analysis

SEC Investigating Binance, All U.S. Crypto Exchanges: Forbes

The U.S. Securities and Exchange Commission is reportedly probing Binance and every U.S. cryptocurrency exchange. Key Takeaways The SEC is investigating Binance and every U.S. cryptocurrency exchange, a Forbes report quoting an unnamed source from Senator Lummis’ (R-Wy) office has claimed. The SEC has been ramping up its efforts to regulate the digital assets space […]

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Market Analysis

Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook

Bitcoin (BTC) rebounded overnight into Aug. 5 as a fresh trendline reclaim opened the door to further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily BTC price chart sets up “tentative” long signal Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing off a local bottom at $22,400 to add around 4.6%. The […]

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