[ad_2][ad_1] Wrapped Bitcoin (WBTC) today reached historic highs in terms of market capitalization and number of tokens. WBTC is the most popular version of Bitcoin tokenized for use on the Ethereum network. According to the official website, there is currently a record total of 116,885 WBTCs, supported by an equal …
Read More »Ethereum’s bullish continuation pattern suggests a rise above $ 410
[ad_2][ad_1] Ethereum was up 3% and is trading well above $ 400 against the US dollar. The price of ETH is showing positive signals and could rise if there is a clear break above $ 410. Ethereum is back above the key support levels of $ 400 and $ 402. …
Read More »OpenZeppelin Ships Tool to ‘defend’ against Ethereum’s DeFi risk
[ad_2][ad_1] In the letter OpenZeppelin is a security audit firm for Ethereum smart contracts. He created the Defender platform so that developer teams can create secure code. The platform has already been tested by major DeFi protocols. Security audit firm OpenZeppelin released free automation software DeFi operations on the Ethereum …
Read More »That’s why analysts think Ethereum’s bullish trend remains on track
[ad_2][ad_1] Ethereum stalled after hitting highs of $ 420 earlier this week. The coin is now trading for $ 408, failing to break out even as Bitcoin flirts with yet another breakout before the weekly close. Despite mixed price action, analysts believe ETH remains bullish. Ethereum analysts think the uptrend …
Read More »That’s why Ethereum’s DEX volume froze in October
[ad_2][ad_1] In the letter In early October Sam Bankman-Fried, CEO of FTX, which runs the decentralized cryptocurrency exchange Serum, predicted that an increase in trading volume on Ethereum-based DEXs wouldn’t last. Volume dropped sharply on DEXs in October. On the Decrypt podcast, he explained how he identified what he calls …
Read More »The analyst who called Ethereum’s parabolic breakout says XRP is next
[ad_2][ad_1] XRP’s price action has been pretty weak lately, with buyers and sellers getting stuck as they struggle to gain control of the cryptocurrency’s short-term trend. This lack of momentum is not new to XRP, as the token has been stuck in a phase of macro consolidation in recent years …
Read More »Ethereum’s DEX volumes fall off the cliff as DeFi incentives run out
[ad_2][ad_1] In the letter The volume of decentralized trading has decreased over the past month. One analyst thinks it’s because DeFi incentives have declined. A saving grace? The price boom this week. Volumes on Ethereum-based decentralized exchanges fell off a precipice this month. Trading volume has dropped 41% over the …
Read More »A Guide to Circles, the project that brings UBI and FOMO to Ethereum’s xDai Sidechain
[ad_2][ad_1] Free money always drives the cryptocurrency world crazy, even if people don’t know how much the new cryptocurrency will be worth or what it’s for. The case is again demonstrated with Circles, a blockchain-based universal basic income (UBI) project that launched on October 16 on Ethereum’s xDai sidechain. Founded …
Read More »Ethereum’s on-chain activity increases and bullish sentiment increases
[ad_2][ad_1] The latest Santiment results, published in Cointelegraph Consulting’s biweekly newsletter, indicate that discussions on Ethereum have moved from from highly bearish to predominantly bullish. Historically, this hasn’t meant good news for the token’s price. Ethereum’s on-chain activity, as measured by unique daily addresses, has rebounded since its nose drop …
Read More »Despite warnings from regulators, Ethereum’s Forsage Scheme Fueled Pyramid thrives
[ad_2][ad_1] While Ethereum has seen a number of benefits from the decentralized finance movement (defi) and initial coin offerings (ICOs), more recently people have been leveraging the ether for pyramid schemes and matrix cycle programs. One particular scheme that crypto enthusiasts are discussing these days is the gift pyramid scheme …
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