Ethereum/USD Coin Metrics
Bitcoin tops psychological $20,000 amount in ‘bearish rally’ as U.S. greenback falls
Bitcoin costs have been under tension in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund A few Arrows Capital. Nicolas Economou | Nurphoto | Getty Pictures Bitcoin surged 8% on Friday breaking back previously mentioned the $20,000 mark as the U.S. greenback weakened and stocks […]
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Bitcoin hits lowest amount considering that June as cryptocurrency marketplace drops down below $1 trillion all over again
Bitcoin proceeds to trade in a tight vary of $18,000 to $24,000 mark, retaining buyers on edge about in which the price is going following. The crytpo industry has been plagued with a selection of problems from collapsed tasks to bankruptcies. Nurphoto | Getty Visuals Bitcoin traded below $19,000 on Wednesday early morning, hitting its […]
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Sudden crypto market drop sends bitcoin below $22,000
Bitcoin and ether ended Thursday in the red, but ether has surged more than 100% since mid-June. Yu Chun Christopher Wong | S3studio | Getty Images Bitcoin on Friday fell to its lowest level in more than three weeks, dipping below $22,000 amid a sudden crypto sell-off in early European trading. Bitcoin briefly plunged from […]
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Ether is up 100% since its bottom in June, massively outperforming bitcoin
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called “the merge.” Yuriko Nakao | Getty Images Since finding a bottom in mid-June, ether has massively outperformed bitcoin as investors anticipate a major upgrade to […]
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Bitcoin tops $25,000 for the first time since June before slipping
Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin briefly topped $25,000 to hit its highest level in June before falling sharply as the cryptocurrency struggles to make […]
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Ether surges 13% to a two-month high after ethereum inches closer to long-awaited upgrade
Omar Marques | LightRocket | Getty Images Ether soared to a two-month high after developers successfully completed a final dress rehearsal for a pivotal upgrade expected to happen next month. The world’s second-biggest cryptocurrency reached a price above $1,927 at around 8:20 a.m. ET Thursday, according to data from CoinMetrics. That’s its highest level since […]
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Crypto mixing service Tornado Cash blacklisted by Treasury Department for alleged use in laundering
The U.S. Department of Treasury on Monday sanctioned the popular cryptocurrency mixer Tornado Cash, banning Americans from using a service that the government said, “launders the proceeds of cybercrimes.” “Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a […]
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Hacked crypto startup Nomad offers a 10% bounty for return of funds after $190 million attack
Over $2 billion has been stolen from cross-chain bridges so far this year, according to crypto analysis firm Chainalysis Jakub Porzycki | Nurphoto via Getty Images Crypto company Nomad said it’s offering hackers a bounty of up to 10% to retrieve user funds after losing nearly $200 million in a devastating security exploit. Nomad pleaded […]
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It has been a miserable month for crypto — and it’s only the third day of August
It has been a rough month for the crypto sector, and it’s only the third day of August. From cross-chain bridge hacks draining hundreds of millions of dollars in customer funds to the Securities and Exchange Commission coming after crypto ponzi schemes, this corner of the market can’t catch a break. The developments add to […]
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Ongoing solana attack targets thousands of crypto wallets, costing users more than $5 million so far
The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images Nearly 8,000 digital wallets have been drained of just over $5.2 million in digital coins including solana’s sol token and USD Coin (USDC), according to blockchain analytics firm Elliptic. The Twitter account Solana Status confirmed the attack, noting that as of […]
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