Ethereum

The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. The cryptocurrency market has been struggling with bearish sentiments around most of its assets in the aftermath of the FTX collapse. This includes Ethereum (ETH), which has fallen back below the $1,100 level. However, the cryptocurrency community appears to be bullish on the asset’s future despite the market’s current situation. Notably, the… Source link

Bitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. Hong Kong-based crypto ATM firm Genesis Block halted its operations, as it looks to stabilize its liquidity pool. Ethereum was also lower, as prices remained below $1,200. Bitcoin Bitcoin (BTC) slipped below $16,000 to start the week, as volatility in cryptocurrency markets continued to rise. Following a high of $16,590.42 on Sunday, BTC/USD dropped… Source link

The crypto market has recently witnessed different shades of events, impacting several assets negatively, such as Ethereum. The collapse of the FTX crypto exchange is still causing many downtrends in the market. The overall price trend in the market has maintained a southward move beyond expectations. Besides the FTX saga, other activities have been erupting in the crypto space. Recently, Ethereum was hit with devastating selling pressure. The sudden move cut deep into the value of the… Source link

Gamza Khanzadaev Ethereum whale worth $817 million reactivates after being dormant for two years An unknown Ethereum whale holding 720,000 ETH, equivalent to $817 million, has “woken up” after being dormant for two years, according to a report from on-chain analytics portal Lookonchain. The investor awakening took place with the movement of this entire mass of coins, a number that exceeds even the position of Ethereum’s founder, Vitalik Buterin, according to him. However, the movement… Source link

Ethereum co-founder Vitalik Buterin has published a cryptic tweet, which at first glance could cause further uncertainty in the crypto community. Referring to rumors of a possible bankruptcy of Genesis Trading and its parent company Digital Currency Group (DCG), Buterin wrote that “I’m hearing through the grapevine that something important is about to happen.” Buterin did not go into further detail, going on to say, “please recognize the fact that my elite social connections to… Source link

Ethereum has slipped over 7% on the day as the attacker who purportedly drained FTX wallets dumped a significant portion of their accumulated ETH and traded it for Bitcoin. Over the weekend, per blockchain tracker PeckShieldAlert, the exploiter swapped thousands of ETH for renBTC, a form of wrapped Bitcoin, before swapping the resulting tokens for Bitcoin. According to data from Etherscan, the on-chain Ethereum holdings of the ‘FTX Accounts Drainer’ dropped 26% from 250,735 to 185,735 over… Source link

Ethereum has slipped over 7% on the day as the attacker who purportedly drained FTX wallets dumped a significant portion of their accumulated ETH and traded it for Bitcoin. Over the weekend, per blockchain tracker PeckShieldAlert, the exploiter swapped thousands of ETH for renBTC, a form of wrapped Bitcoin, before swapping the resulting tokens for Bitcoin. According to data from Etherscan, the on-chain Ethereum holdings of the ‘FTX Accounts Drainer’ dropped 26% from 250,735 to 185,735 over… Source link

Alex Dovbnya Did Canadian programmer Vitalik Buterin just mock Paul Graham’s vague warning about impending doom? Ethereum co-founder Vitalik Buterin recently shared a cryptic tweet that has puzzled the cryptocurrency community. Buterin tweeted that he had heard “through the grapevine” that “something important” was about to happen without going into detail. “Please recognize the fact that my elite social connections to people who are early to know things make me cool, and please help… Source link

Ethereum started another decline below the $1,180 support against the US Dollar. ETH is down over 8% and there is a risk of a move towards the $1,000 support. Ethereum started a major decline below the $1,180 and $1,170 support levels. The price is now trading below $1,150 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct losses, but there is a… Source link

Ethereum started another decline below the $1,180 support against the US Dollar. ETH is down over 8% and there is a risk of a move towards the $1,000 support. Ethereum started a major decline below the $1,180 and $1,170 support levels. The price is now trading below $1,150 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct losses, but there is a… Source link