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Ether, the world’s second-largest cryptocurrency by market capitalization, continues to struggle below its all-time price high of $4,865. The current pullback in ETH could stabilize around the $4,000 support level, although the price rally since the July low around $1,740 is starting to fade. Original Source
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Crypto lender Celsius Network confirmed the company has lost money from the latest decentralized finance (DeFi) hack on BadgerDAO, a lending platform that offers yields and focuses on wrapped bitcoin.During an ask-me-anything (AMA) YouTube live stream on Friday, Celsius CEO Alex Mashinsky said the company “lost money” in the BadgerDAO
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More than $150 million has been lost this week in separate security breaches at DeFi projects MonoX and BadgerDAO.Multi-chain decentralized exchange (DEX) MonoX (MONO) suffered a cyber attack on Nov. 30 leading to about $31 million in losses. BadgerDAO (BADGER) suffered a front-end attack that was discovered on Dec. 2
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BusinessThe software and VC firm said Animoca Brand said it will cover the loss of 265 ETH, worth about $1.1 million.By Tanzeel AkhtarNov 24, 2021 at 2:46 p.m. UTCUpdated Nov 24, 2021 at 2:46 p.m. UTCAnimoca Brands co-founder and chairman Yat Siu (Getty Images) Source
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Bitcoin (BTC) diving nearly 20% from all-time highs has finally taken its toll on market sentiment — investors are now “afraid.”According to the Crypto Fear & Greed Index, overnight losses on Nov. 19 removed the last traces of “greed” away from traders’ minds.From “greed” to “fear” in two daysAs BTC
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Bitcoin price started an upside correction above $60,000 against the US Dollar. BTC could recover further, but the bears might remain active near $62,500. Bitcoin is still trading well below the $62,000 and $62,500 resistance levels. The price is now trading below $62,000 and the 100 hourly simple moving average. There is a
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Bitcoin (BTC) tapered losses on Nov. 13 as the market showed little interest in U.S. regulators refusing to allow a spot exchange-traded fund (ETF).BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewETF rejection causes few market headachesData from Cryptox Markets Pro and TradingView showed calm conditions for BTC/USD into the weekend, the pair
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Ethereum recovered losses and climbed above $4,700 against the US Dollar. ETH must clear the $4,850 resistance for a move towards the $5,000 level. Ethereum started a fresh increase above the $4,650 and $4,700 levels. The price is now trading above $4,700 and the 100 hourly simple moving average. There is a key
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Bitcoin price started a downside correction below $65,000 against the US Dollar. BTC must climb above the 100 hourly SMA and $66,500 to start a fresh increase. Bitcoin started a downside correction below the $66,000 and $65,000 levels. The price is now trading below $66,000 and the 100 hourly simple moving average. There
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Traders’ recent preference for Ethereum competitors contrasts with the situation earlier this year, when the dominant network’s fast growth riveted investors, and ETH staged a rapid rally. Its market share has risen rapidly and now accounts for 26% of investment products, compared with 11% in January, said James Butterfill, an
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