Altcoin

Crypto market lost $300 billion in two days

The global crypto market lost $200 billion on Tuesday morning, bringing its weekly loss to $300 billion. After Bitcoin (BTC) peaked in April and the altcoin market peaked in early May, the global crypto market value began to decline with downward momentum. The market has since lost $1.1 trillion in …

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Ethereum bull trap alert! Breakout signal in ETH/BTC parity

The price of Ether (ETH) has been increasing recently against its biggest competitor, Bitcoin (BTC). Analysts say that although the second largest cryptocurrency sees it stronger, it is likely to run out. Looking back, the ETH/BTC pair rose 40.19 percent after bottoming at 0.0553 BTC on May 23. This strong …

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Ethereum mining with Norton360 antivirus software

Cybersecurity firm NortonLifeLock has announced a tool called Norton Crypto, which allows users to “safely” mine cryptocurrencies with the Norton 360 product. From June 3, designated Norton 360 users will be invited to participate in the early-stage Ethereum mining program. Norton also plans to open its mining service to all …

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Institutional investors flock to Ether products

Institutional demand for Ethereum continues to increase day by day. Ether products now account for more than a quarter of the managed assets of crypto investment products. CoinShares dated June 1 Weekly Digital Asset Fund Flow According to the report, the past week saw a significant influx of $74 million …

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“Ethereum is MySpace, Bitcoin is Google”

With the decline in Bitcoin (BTC) price, allegations have been made that it will lose the steering wheel to Ether (ETH). Mainstream media suggest that feelings of “fear, uncertainty and doubt”, defined as FUD, dominate the market. While the BTC/USD pair remains below $40,000, only major investors continue to resist …

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Bitcoin and Ethereum transaction fees at six-month lows

Transaction fees of Bitcoin and Ethereum hit their lowest level in the last six months as the market decline began to slow. According to BitInfoCharts data, the average transaction fee on the Bitcoin blockchain reached an all-time high of $62.77 in mid-April. This number has dropped 88 percent in the …

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Dogecoin whales cornered – On-chain activity down

After Dogecoin (DOGE) outstripped giants like Bitcoin (BTC) and Ether (ETH) in terms of daily trading volume, it started to slow down again, according to on-chain data. During the dogecoin price surge in 2021, there was a strange increase in the amount of transactions on the blockchain. The dollar value …

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Celo price skyrocketed 50 percent in one day!

Decentralized finance (DeFi) has become a transformative force not only for the cryptocurrency market but also for the financial markets in general in 2021, thanks to the ease of access and security offered by blockchain-based protocols operating in smart contracts. One project that aims to take the simplicity of DeFi …

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