Cryptocurrency Analysis and News Portal
Ethereum edged closer to a key resistance level of $1,230 on Dec. 23, as markets continued to react to better than expected U.S. GDP data. Gross domestic product in the United States was revised higher to 3.2%, better than the 2.9% expected. Bitcoin mostly consolidated in today’s session, with prices
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Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the attacker may be able to crack some website passwords of LastPass users through brute force guessing.Notice of Recent Security Incident -
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Bitcoin (BTC) saw a flicker of volatility around the Dec. 23 Wall Street open as the latest United States inflation data came in line with expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin sees "crumb" of volatility on PCEData from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly decoupling from solid
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Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today’s session, with the global market cap trading 0.01% lower as of writing. Ethereum was largely unchanged, as prices continued to trade above $1,200. Bitcoin Bitcoin (BTC) continued
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Stablecoins play a very critical role in the crypto economy today and despite the recent run-down in the broader market, stablecoin volumes continue to dominate most exchanges.According to Coinmetrics data, on-chain stablecoin settlements reached over $7 trillion in 2022 and are expected to end the year at around $8 trillion.
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"History shows that, on average, BTC has topped ~48 days and bottomed ~10 days before the SPX [S&P 500]," Delphi's strategists, led by Kevin Kelly, wrote in a 2023 preview sent to clients on Wednesday. "Over the past five years, all major price reversals in BTC have preceded those in
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According to a new letter to shareholders posted on Dec. 21, Aroosh Thillainathan, CEO of German Bitcoin (BTC) mining company Northern Data, said that the firm expects to generate upwards of $202M to $206M in revenue from crypto mining operations this year. At the midpoint range, this represents a growth
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Whether BNB, Binance’s native token, could face the same fate as FTT, the native token of bankrupt exchange FTX, is still unclear, Thurman said. “You would have to see somewhere around $12 billion in net outflows for [Binance] to be stressed the same way FTX was prior to them halting
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On Dec. 14, 2022, the crypto exchange Gemini revealed that some Gemini customers have been the target of phishing attacks that the firm believes stem from a third-party vendor leak. While reports disclosed that Gemini’s leak was approximately “5,701,649 lines of information pertaining to Gemini customers,” Gemini did not disclose
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Binance, as one of the leading crypto exchanges, tried to exhibit transparency in its operations, especially on the security of customers’ funds. This led it to publish its proof of reserve (PoR) reports. However, the collapse of some firms like Celsius Network, FTX, and others has instilled fear and doubts
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