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FTX funds stolen from the bankrupt crypto exchange on 11 November have reportedly been moved, with the thief looking to convert the looted Ethereum (ETH) into Bitcoin (BTC) as part of their cash out strategy. This comes days after FTX filed for bankruptcy, with the native FTX token having dumped more than 90% in a […]
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Investors have had a close eye on Ethereum’s [ETH] performance since the much-talked about Merge. The key point of interest being an assessment of whether network demand or utility would deteriorate, return to normal, or rise to new highs. Here’s AMBCrypto’s price prediction for Ethereum [ETH] for 2022-2023 Ethereum’s performance in the last few weeks […]
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In response to an allegation that Ripple [XRP] had underperformed, its Chief Technology Officer (CTO) claimed it was untrue. David Schwartz, Ripple’s CTO, who also doubles as its Ripple Ledger (XRPL) lead, said that XRP’s performance surpassed that of Bitcoin [BTC] and Ethereum [ETH] in 2022. Maybe if you cherry-pick timeframes, but it seems to me that it mostly does the […]
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum’s recent reversal from its resistance highlighted ease in buying pressure. The altcoin noted a substantial decrease in its daily active users over the last day. Ethereum [ETH] witnessed double-digit gains over the last week after […]
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum’s recent continuation chart pattern could present buying opportunities. The crypto noted a substantial increase in its network growth as the metric matched its yearly highs. Ethereum [ETH] registered double-digit losses over the last month […]
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Ethereum’s [ETH] network revenue fell by a massive 86% in the third quarter of 2022, according to the report released by Bankless (an informative site focused on crypto). Reportedly, Ethereum recorded $1.96 billion in net revenue in the second quarter (Q2). Unfortunately, the third quarter was a paltry $274.12 million. Source: Token Terminal Since this […]
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Although the broader financial market experienced a downturn in the last quarter, data from CoinGecko showed that the global cryptocurrency market capitalization rose by 9% within the 90-day period. Interestingly, despite the growth in the global cryptocurrency market capitalization, the leading cryptocurrency asset Bitcoin [BTC], closed the quarter with a decline in its price. According […]
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The Aave (AAVE/USD) community has voted to temporarily pause Ethereum (ETH) borrowing on the decentralised finance (DeFi) protocol ahead of the Ethereum Merge slated for mid-September. This is after more than 96% of the community agreed with a risk assessment report and improvement proposal first highlighted on 23 August 2022. Are you looking for fast-news, […]
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The Merge is round-the-corner, and the Ethereum [ETH] developers may be on cloud 9. However, there are a few concerns that have been finding their way around the crypto market lately. However, the ETH community are growing skeptical of the much-awaited Merge. It’s not all sunshine out here The issues regarding the Merge have also […]
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The cryptocurrency market, especially Ethereum, continues to see red signals throughout the ecosystem. However, despite such cautionary signs, stakers & holders continue to build their Ethereum (Merge) castle. Falling, but not dead The crypto-industry shed 6.8% of its value within the last 24 hours, with over $300 million positions liquidated in the bloodbath. Ethereum, the […]
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