Tag: ETHUSDC

Crypto.com Users Reportedly Lose $15 Million Or At Least 4,600 ETH

On Monday, January 11, the popular crypto trading platform Crypto.com has suspended all deposits and withdrawals citing some “unauthorized activity” taking place at some accounts. However, it has restored some of the accounts back and withdrawal services stating that the accounts are safe. Update: Withdrawal services have been restored. All funds are safe. It will […]

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Ethereum (ETH) Price Bounces From Support Zone, 200 EMA Offers Minor Upside Hurdle

Ethereum (ETH) rises above the $3,300 mark following the previous session’s gains. After testing the highs, the world’s largest altcoin retraced lower and trades with 0.60% losses. Although, the price has recorded gains of 3.16% over the last seven days. ETH shows bullish interest from the long-term support zone of $2,900. A daily acceptance above […]

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Leading Media House Associated Press announces Launching NFT Marketplace, Minting to Happen on Polygon

In a leading development on Monday, January 10, media house giant Associated Press announced that it will be launching a non-fungible token (NFT) marketplace that is built by blockchain technology provider Xooa. The first set of NFTs from AP will debut this month-end on January 31. Herein, NFT collectors can purchase AP’s contemporary and historic […]

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Breaking: Polygon Unveils Recursive SNARK Plonky2 That’s 100x Faster, MATIC Jumps 3%

We have key news coming up from Polygon developers as they unveil the world’s fastest ZK Scaling Technology, Polnky2. This is a part of the Polygon Zero mission that uses zero-knowledge proofs to scale the Ethereum blockchain to a billion users. As per the official announcement, Plonky2 is a recursive SNARK that’s natively compatible with […]

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Ethereum’s DeFi Market Dominance in 2022 Could Be At A Risk, Will It Affect ETH Price?

Ethereum, the world’s second-largest cryptocurrency has outperformed in 2021 while delivering nearly 220% returns in a single year. However, off lately, the ETH price has largely followed Bitcoin and has been moving sideways. As we enter 2022, the Ethereum blockchain continues to face major challenges in terms of scalability. The latest report from JPMorgan states […]

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Bitcoin (BTC) whales continue to increase their holdings amid market bloodbath

Bitcoin (BTC) price tumbled below $42,000 to record a new four-month low. The market sentiments have turned red as retail buyer seems to be panic selling. Market analysts have predicted a price bottom at around the $40K mark, but that hasn’t deterred whales from accumulating more Bitcoin amid the market blood bath. BTC made a […]

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Mozilla halts crypto donations amid backlash about its unsustainability

The crypto space is flooded with the debate about the industry’s ill effects on climate. Especially, as countries across the globe suffer from energy crisis during the bitter-cold winters, more people are pointing fingers at the crypto industry for being one of the biggest causes given its unsustainable nature. Following this wave, the nonprofit organisation supporting […]

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Can Ethereum lose its Defi dominance? JPMorgan believes so

The pro-crypto Wall Street giant, JPMorgan took a rather surprising stance against the dominating blockchain, Ethereum and its coin, Ether ($ETH). JPMorgan highlighted that Ethereum is already losing its rank in the Defi sphere to the up and coming competitors, and may lose further if it does not escalate the time taken for scalability upgrades. […]

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Bitcoin (BTC) price falls to sub-42K levels; crypto market sees $800 million in liquidation

The crypto market saw its first major liquidation event in 2022 as the majority of the crypto market bled in double digits. Bitcoin fell below $43K support to trade in sub-$42k levels and reached a new 3-month low of $42,761. Ether (ETH) lost $3,500 support and fell to a monthly low of $3,432. Source: Coin360 […]

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Polygon Network Gas Fee Skyrockets Amid Heavy NFT Gaming, Will MATIC Rally Continue?

Etheruem’s Layer 2 scaling solution Polygon has been witnessing heavy on-chain activity over the last week and so. Recently, the NFT play-to-earn game Sunflower Farmers has clogged the Polygon network amid high demand of the network. The popularity of this NFT game accounts for gas consumption of a staggering 40%. The second account is just […]

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