Category: Market

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Ethereum Foundation Sends USD 95M in ETH to Kraken

An Ethereum (ETH) transaction of ETH 20,000 (USD 95m) has been made from a wallet belonging to the Ethereum Foundation to the crypto exchange Kraken, public blockchain data shows. Meanwhile, there’s been no word from the Foundation on what the large transfer is for…. Read More: Ethereum Foundation Sends USD 95M in ETH to Kraken…
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Bitcoin Consolidates While Ethereum and Altcoins Inch Higher

Bitcoin price declined below the USD 65,000 support level before there was a minor recovery. It is currently (04:20 UTC) trying to recover further and facing a major hurdle near USD 65,500. Besides, most major altcoins are moving higher. ETH is gaining momentum and it could even surge above USD 4,800. XRP is trading near…
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Current Cycle Less Speculative, Users Moving Beyond Bitcoin and Ethereum – Coinbase

The adoption curve of crypto starts with bitcoin (BTC), before moving to ethereum (ETH), decentralized finance (DeFi) and other cryptoassets, the US-based crypto exchange Coinbase said in an earnings call this week. They also noted that the current market cycle “feels less speculative” than past cycles, with real use cases coming into focus…. Read More:…
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Bitcoin and Ethereum Struggle to Recover Higher, Small Altcoins Rally

Bitcoin price started a downside correction below USD 66,000. BTC even declined below USD 65,000 to move into a short-term bearish zone. It is currently (11:47 UTC) back above USD 65,400 but is still showing bearish signs. Besides, most major altcoins are also trying to recover losses. ETH declined below USD 4,750 and it could…
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Bitcoin and Ethereum Correct, Altcoins Follow

Bitcoin price failed to stay above the USD 66,500 support level. BTC extended decline below the USD 65,500 support level and is currently (04:20 UTC) trading below USD 65,000. There is a risk of a move towards USD 63,200. Besides, most major altcoins are also moving lower. ETH started a downside correction below USD 4,650…
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Bitcoin and Ethereum Prepare For Next Move

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Ethereum Fees Pushed Higher by DEX Trading as Optimism’s Upgrade Nears

As Ethereum (ETH) continues to be plagued by high gas fees, the layer 2 (L2) scaling solution Optimism is expected to launch a major upgrade on November 11…. Read More: Ethereum Fees Pushed Higher by DEX Trading as Optimism’s Upgrade Nears  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization

Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between U.S.-sanctioned crypto exchange Suex and a darknet market operating in the region. Russian Authorities Respond…
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FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way

On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future West Realm Shires Services Inc.,…
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Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office

The director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his organization’s basement. The scandal has erupted as licensed crypto miners in Iran are reportedly resuming operations amid fears of new restrictions in the winter. Iran Stock Exchange CEO Loses Job for Illegal Crypto Mining Under…
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