Ethereum

ApeCoin, the NFT token has teamed up with authentication app tokenproof to verify and distribute tickets to Ape Fest ’22. ApeCoin now ranks in the top 10 cryptocurrencies held by large wallet investors on the Ethereum blockchain. Analysts believe ApeCoin price breakout to $7.20 could confirm a bullish trend in the NFT token. Large wallet investors on the Ethereum network are bullish on ApeCoin price. Whales have consistently accumulated the NFT token ahead of Ape… Source link

No harm, no foul, right? Not so fast. Reorgs can be exploited by bad actors to engage in malicious activities like double spending. They can also lead to rejected transactions, which is a major user experience bummer. Blockchains actively try to avoid reorgs, and last week’s Beacon Chain reorg was the longest Ethereum has experienced in years. Source link

ETH briefly rose above $2,000 on Tuesday, as crypto bulls were once again present in today’s market session. BTC was also higher, with the world’s largest cryptocurrency climbing to its highest point in nearly three weeks. Bitcoin Bitcoin rose to its highest level in nearly three weeks on Tuesday, as crypto prices continued to rally, following recent losses. Following a low of $29,363 to start the week, BTC/USD surged to a peak of $31,949.63 earlier today. This peak is the highest… Source link

Cardano (ADA), the Ethereum competitor is up 29% over the past 24 hours. ADA is currently trading at $0.67, according to data from CoinMarketCap. ADA is the native token of Cardano, the proof-of-stake layer-1 blockchain that offers stiff competition to Ethereum.  The token is now the sixth-largest cryptocurrency with a market capitalization of $22.6 billion, overtaking Ripple’s XRP.  Despite today’s bullish action, ADA is still down 78% from its all-time high of $3.10 recorded in… Source link

Although crypto space as a whole is not in a healthy state right now, Ethereum, along with other altcoins are constantly seeing a value slump.  Ethereum’s Beacon Chain Reorg issue can also be counted as a reason for its fall.  At the time of writing, Ethereum is trading at a value of $1,903 and is up by around 7% in the last twenty-four hours.  Crypto’s Ship Struggling To Stay On Surface  The overall crypto market has been witnessing bearish trends lately, including the leading… Source link

A leading blockchain analytics firm says the largest Ethereum whales on record are currently showing very little interest in accumulating ETH at current prices. In a new video, Santiment says it’s keeping an eye on addresses holding 10,000 to one million ETH and notes that the investor cohort largely remains on the sidelines, even though the price of ETH has dropped to its lowest level in nearly 12 months. “Whales, we can take a look at the 10,000 to one million Ethereum coin… Source link

On May 30, the cryptocurrency market experienced a much-needed bounce that saw Bitcoin (BTC) climb above $30,900 and Ether (ETH) rally 5.84% to $1,930, but analysts warn that it could be too early to expect a reversal. ETH/USDT 1-day chart. Source: TradingView Here’s a look at what several analysts are saying about the outlook for Ether moving forward and the major support and resistance levels to keep an eye on. A bounce off of major support The May 30 bounce in Ether came as “no… Source link

Ethereum’s native token Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD pair risks facing another sell-off round due to concerns about a massive ETH inflow into an exchange. 58.7K Ether transferred to FTX in May On May 30, the Ether address allegedly associated with Three Arrow Capital — a Singapore-based crypto hedge fund, sent 32,000 ETH worth $60 million to the FTX crypto exchange within a span of an hour, on-chain data shows…. Source link

Welcome to DeFi D.I.Y., a new recurring feature where Decrypt’s DeFi whiz walks you through how to use a specific DeFi tool or platform. Today: staking Ethereum on Lido. Not everyone has the 32 ETH needed to stake directly onto the Beacon Chain, or Phase 0 of the network’s transition to Ethereum 2.0 and a proof-of-stake (PoS) consensus mechanism.  To serve this community of smaller token holders, several projects have emerged that let users stake any sum they want. Moreover, you can still… Source link

Luxury brands like Gucci, Balmain, and Balenciaga are getting into all things crypto, and Prada is joining the crowd with the release of its own NFTs. Prada will be launching 100 Ethereum NFTs this Thursday to go along with its latest Timecapsule apparel release. NFTs are unique blockchain tokens that signify ownership of an asset. In Prada’s case, buyers will receive a free airdropped NFT to go along with their physical merch purchase from Prada’s latest collaboration with Cassius… Source link