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Ethereum stayed above the $2,550 support zone against the US Dollar. ETH price is rising, but it must clear $2,700 for a sustained move higher Ethereum found support near $2,580 after a downside correction from $2,800. The price is now trading above $2,650 and the 100 hourly simple moving average. There was a
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Bitcoin (BTC) recovered above $37,000 on Feb. 3 after a stocks rout took the wind out of bulls' latest attempt to crack $40,000 resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Extraordinary moves" for stocksData from Cointelegraph Markets Pro and TradingView showed BTC/USD staying lower after briefly hitting $36,650 on Bitstamp Wednesday.The weakness
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Solana (SOL) looks poised to paint its first “death cross” this week, raising fears that its ongoing selloff would continue further into February.Real selloff threatNotably, the SOL price's 50-day exponential moving average (50-day EMA; the red wave) will eventually close below its 200-day EMA (the blue wave), signaling a bearish
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In a now-deleted deleted profile, an anonymous Reddit user allegedly lost close to $500 thousand on Sunday after sending wrapped Ether (WETH) directly into a WETH wrapping smart contract. WETH came into existence as a way for Ether (ETH) to conform to the ERC-20 token standard so that it can
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Darren, a healthcare worker from Australia who asked that his last name be kept confidential to protect his privacy, said he lost about $116,000 on CSWAP itself and a further $30,000 to “impermanent loss,” as a provider of liquidity for CARDS-ETH LP, which is the liquidity pool on Uniswap that
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The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of briefly Bitcoin (BTC) climbed to $37,500 as stock markets staged a midday rally that recovered most of the losses from Jan. 24.Even with today's recovery, global markets remain in
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“Alarmingly, the sharp reversal on Friday was not followed by any meaningful bounce," said Alex Kuptsikevich, senior financial analyst at FxPro, in an email to CryptoX. "Some observers point out that this is a worrying signal, suggesting further market declines, as we have not seen a final capitulation. Without capitulation,
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Bitcoin extended increase above the $44,000 level against the US Dollar. BTC is correcting losses, but it might find support near the $42,000 support zone. Bitcoin climbed further higher above $44,000 before it faced sellers. The price is trading near $42,750 and the 100 hourly simple moving average. There was a break below
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Decentralized finance, or DeFi, security platform and bug bounty service ImmuneFi published an official report on Thursday, which calculated the total volume of losses in the cryptocurrency markets in 2021. According to its report, the company found that losses resulting from hacks, scams and other malicious activities exceeded $10.2 billion
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Bitcoin (BTC) dropped nearly $4,000 on Dec. 28 as the market offered a sharp reminder that the bull run would need to wait. BTC analysts eyes $44,000BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $48,335 on Bitstamp at Dec. 28's Wall Street
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