Coins

Why Cardano May Finally Push Above $1.5 After 2 Months

August 5th, 2021

Cardano (ADA) Price Holds 200 MA For First Time in 2 Months Cardano’s price has been holding the $1.00 mark for many months now as bulls refuse to let it trade below. This has shown great strength for Cardano as it still holds over 4000% of gains since last year. Over the past few weeks,…

Uniswap, Polkadot price Analysis: August 5, 2021

August 5th, 2021

Crypto assets across the board are flexing their muscles following the correction from last week’s highs and the sluggish price action toward mid-week. Bitcoin retested support at $38,000 before regaining the momentum to lift to $40,000. Ethereum is up 8.9%, several hours ahead of the much-awaited London hard fork. The upgrade is expected to lower…

Popsicle Finance Suffers $25 Million Exploit, Price Falls by 50 percent

August 4th, 2021

Popsicle Finance ($ICE), a multichain yield optimization platform for liquidity providers has become the latest Defi protocol to face a major exploit on its network. The hackers managed to drain a whopping $25 million by exploiting a bug in the reward debt mechanism. Source: Etherscan Mudit Gupta, a known bug bounty hunter explained that the…

Bitcoin SV Network Suffers Another Major 51 percent Attack, Will Exchanges Delist it Now?

August 4th, 2021

Bitcoin SV (BSV), the infamous forked blockchain network suffered another major 51% attack on late Tuesday when an unknown preparatory managed to roll back and alter transactions. The attackers managed to create three shadow chains of the network which were mined simultaneously. The 51% attack came to light after crypto analytic platform CoinMetric discovered it…

It’s Do Or Die for XRP Bulls As Price Breaks 2 Week Ascending Channel

August 4th, 2021

XRP Price Overview XRP price has revived fairly well off its low set in late July. Prices have risen nearly 50% over the past two weeks as XRP struggles to break its major resistance zone of $0.77. Ripple has been battling the SEC over the last 8 months over a lawsuit regarding XRP being sold…

Digital Dollar Is Most Important for America to Keep the USD As World’s Reserve Currency

August 3rd, 2021

The U.S. is soon to release its official discussion paper on its CBDC Research aka the Digital Dollar. This has got the world watching as to what major steps will the world’s largest economy incorporate. While the U.S. has been pretty slow in the development of the Digital Dollar, things are taking turns for the…

Bitcoin, Dogecoin Price Analysis: August 3, 2021

August 3rd, 2021

Cryptocurrencies are grappling with increased overhead pressure, making it difficult for bulls to sustain the winning streak recorded in the past couple of weeks. Initially, Bitcoin pulled the entire market upward as it made haste from levels below $30,000 to highs above $40,000. However, the flagship cryptocurrency’s correction from $42,000 seems to have triggered losses…

Ethereum Whales Are Pushing Price of CryptoPunk NFTs to the Moon

August 2nd, 2021

Etheruem whales have once again taken the charge of pushing the price higher, however, this time it’s not Ether (ETH) but the CryptoPunk NFTs where they are pouring the money. With the whale purchase frenzy, the prices of CryptoPunk NFTs have shot by 53% over the last week. Last week, an Ethereum whale poured over…

Robinhood Sinks 11 percent After Opening At IPO Price of $38

July 30th, 2021

July 29, 2021: Robinhood IPO has possibly been the most eagerly awaited initial public offering of the year. However, sceptics speculate the HOOD stock to be nothing more than an ‘online gamble.’ Robinhood’s buzzy IPO has finally debuted in the market today and has begun to trade under the ticker HOOD. The company priced its…

Binance May Face Investigation in the $134 Million Money Laundering Case in India

July 30th, 2021

Binance crypto exchange’s legal trouble has extended to India now. The world’s largest crypto exchange is under the scanner of the Indian anti-money laundering agency Enforcement Directorate (ED) for its role in the $134 million money laundering case, as per a report in Bloomberg. The ED is currently investigating a money-laundering racket operated through Chinese…