Wahid Pessarlay Crypto analyst CryptoQuant provided data that shows Ethereum whales have been significantly impacting asset’s value Ethereum (ETH) whale investors have long held significant influence over the token’s price movement on the market. This influence has taken on new curiosity as data provided by CryptoQuant indicates that whales are manipulating the price of ETH with their exchange activity. In a Quick Take posted on the blockchain data analytics site, an analyst argued that… Source link

Bitcoin Cash (BCH) and Monero (XMR) are two of the most popular cryptocurrencies in the world. Both have their pros and cons, but we believe that Snowfallprotocol.io (SNW) is a better option for investors and users. Here are the top reasons why!  >>BUY TOKENS<< What Is Monero (XMR)? Monero (XMR) is a cryptocurrency that focuses on privacy and anonymity. Transactions on the Monero network are untraceable, meaning that they cannot be traced back to the sender or receiver. Monero (XMR) also… Source link

Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown.  The Bitcoin mining hash rate peaked at 258 exahashes per second (EH/s) on Oct. 4, according to Braiins Insights, a mining data tools and metrics company. Although the Bitcoin price is down 58% year-to-date against the United States dollar, the mining hash rate is up 43%. The past 3 months Hashrate. Source: Braiins.  Bitcoin Gandalf from the… Source link

Phira Phonruewiangphing/iStock Editorial via Getty Images One of the most bizarre investor disconnects that I’ve seen in crypto is the one I’ve found in Litecoin (LTC-USD) over the last year or so. Like many other risk market assets, crypto investors can become emotionally attached to certain ideas. This emotional relationship that bulls have with their magic Internet monies is equally visible in the bears. We see this evidenced with some who will steadfastly ignore all blockchain-based… Source link

Ethereum is showing positive signs above the $1,300 level against the US Dollar. ETH could rally if it clears the $1,330 and $1,350 resistance levels. Ethereum is slowly moving higher and trading above the $1,300 level. The price is now trading above $1,310 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if… Source link

Bitcoin price is slowly moving higher above $19,500 against the US Dollar. BTC could start a steady increase if there is a close above $19,600 and $20,000. Bitcoin remained well bid above the $19,200 and $19,000 support levels. The price is trading above $19,400 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $19,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a… Source link

Not long after the Optus data breach, a message was posted on an online forum from someone named ‘optusdata’. Claiming to be responsible for the attack that exposed the personal information of millions of Australians, they wanted a ransom. There were two particularly interesting things about the demand. Firstly, they only wanted $US1 million – which seemed pretty low for such a massive breach. And second,… Source link

It has been a little more than two weeks since the world’s second largest cryptocurrency Ethereum [ETH] went through a landmark alteration. ETH managed to switch from the energy intensive proof-of-work (PoW) consensus model to the eco-friendly proof-of-stake (PoS) model, in what came to be known as the Merge In simple words, this Merge effectively rendered all ETH mining obsolete, and ushered in the era of ETH staking. This worked out out in the interest of the network by… Source link

Solana’s market share of total NFT trading volume rose from 7% to 24% in the last six weeks USD value of NFT trading volume is “still far higher on Ethereum,” per Blockworks Research Solana kicked off October with an hours-long service interruption — the blockchain’s 12th such outage in 2022 — an especially sour note, especially after a month of surging NFT mints and daily volumes rivaling… Source link

Ethereum’s [ETH] performance witnessed a pretty sluggish turn recently as the altcoin failed to register any significant price changes. Since the much awaited ETH Merge, the coin’s performance witnessed a severe decline and, at the time of writing, was over 2% lower than 2 October. Furthermore, a number of developments pointed in the direction of a possible downtrend in the coming days. For instance, Glassnode’s data revealed that the ETH net exchange outflow decreased… Source link