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“# Why Bitcoin price and volume rising together is bad news for Ethereum, altseason ” Bitcoin (BTC) is sucking up the volume from the entire cryptocurrency market as it continues to rally. This is causing the alternative cryptocurrency (altcoin) market to pullback, which has seen rising selling pressure and low buyer demand. On Oct. 30,…
“# Ethereum price ascending channel breakout possible if Bitcoin consolidates ” In the past week, altcoins prices received a significant haircut, and investors who were light on Bitcoin (BTC) saw their portfolio value take a hit. Initially, Ether (ETH) price followed Bitcoin higher as the top-ranked digital asset rallied through the $12,000 resistance but as…
“# Gotta collect ’em all: An overview of NFT marketplaces ” Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with NFTs in all sorts of ways. However, the primary goal is to…
“# Impending pennant breakout sets Bitcoin price back on the path to $14,000 ” As the weekend approaches, Bitcoin (BTC) price appears set to close out the month with a remarkably strong performance which has many bulls calling for a new all-time high above $20,000 in the near future. Traders attribute these lofty estimates to…
“# Italian man caught allegedly using airport computer systems for ETH mining ” An Italian airport staffer allegedly took advantage of the computer systems at his place of work in order to mine Ethereum (ETH). Employed at an airport located in the Italian city of Lamezia Terme, the staffer allegedly put mining malware onto the…
“# Price analysis 10/30: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened. <p>Bitcoin’s (BTC) dominance has risen from about 56% in early September to above 63%. This suggests that the market…
“# Report: Governance remains highly centralized on many DeFi projects ” A new report jointly developed by DappRadar and Monday Capital analyzes the token distribution and governance proposals seen in major DeFi protocols. Despite efforts to decentralize control in the yield farming phase, the researchers maintain that many projects — especially those with strong venture…
“# Nearly 24% of Ether held on exchanges — three times the percentage of Bitcoin ” Almost one-quarter of Ethereum’s (ETH) circulating supply is held on cryptocurrency exchanges, according to analytics platform ViewBase. The website shows that 26,768,260 ETH are on exchanges, equating to 23.6% with a value of $10.3 billion. Almost 26 million of…
“# Here’s why Ethereum bulls don’t care about Friday’s $40M ETH options expiry ” In the last few days Bitcoin (BTC) price rallied within a hair of the $14,000 level and Ether (ETH) followed with a similarly strong performance but the altcoin failed to hold above the $400 physiological support. Bitcoin and Ethereum year-to-date performance….
“# Maker community scrambles to fix long-standing vulnerability to flash loans ” The MakerDAO (MKR) community is urgently implementing measures to prevent voting manipulation through flash loans. This was precipitated by what is likely the first instance of the feature being used to influence a DeFi governance vote on Oct. 26. According to a post…