Over the past few weeks, the fortunes of Bitcoin, the world’s largest cryptocurrency, have taken a slight hit. BTC seemed to be well-positioned to go past the $10,000 mark, but its price action since The post Cardano, Ethereum Classic, Algorand Price Analysis: 13 June appeared first on AMBCrypto.
Decentralized finance has been branded as one of Ethereum’s — and crypto’s — killer use cases over recent months. But from a dollar perspective, this market segment has not seen as much market penetration as its proponents would believe is “fair.” Yet while DeFi continues to gain steam as other blockchains seemingly stall, Ethereum and […]
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday. It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250 range. Although it is […]
The two Ethereum transactions where senders paid millions of dollars in fees for transactions worth as little as $130 are widely believed to be blackmail. According to research from analytics company PeckShield, the hackers were reportedly blackmailing an unknown exchange by sending out transactions with exorbitant fees in order to circumvent the multi-signature security of […]
Ethereum demand is surging, if Grayscale’s data is considered. Despite an ongoing dip in prices as of June 12, demand for an institutionally-aimed ETH product has increased multifold, with investors paying a huge premium to an institutional cryptocurrency firm for Ether exposure. However, the surge does not necessarily mean Ethereum is facing groundbreaking institutional demand, […]
A few days ago, the ethereum network witnessed two transactions sent from the same address and with an abnormally high transaction fee. The first transaction involved $133 worth of ethereum and cost $2.6 million to transfer the funds. A couple of hours later, the same user spent another $2.6 million to send ETH worth around […]
Bitcoin sold off as stocks corrected on June 11, but BTC and altcoins are failing to recover even as equities markets move higher. The S&P 500 plunged 5.89% on June 11, its fourth-worst fall this year. This brought back memories of the sharp sell-off seen in March when investors dumped most asset classes as the […]