Here’s Why Ethereum Price May Not Fall Under $3000

August 18th, 2021

The world’s second-largest cryptocurrency Ethereum (ETH) has had a solid run this year. Last week, the ETH price gave a momentary breakout above $3300 levels. However, it faced rejection twice at these levels. At press time, ETH is down 2.64% in the last 24 hours trading at $3081 levels as of press time. But an…

Cardano, Dogecoin Price Analysis: August 16, 2021

August 16th, 2021

Cardano price hits a three-month high of $2.25 but falters before testing the all-time high. Dogecoin rise to $0.35 but stalls to allow bulls to consolidate the gains before embarking on another upward roll. The cryptocurrency market continued with the bullish outlook into the weekend, culminating in impressive gains. Solana gained more than 26% in…

Solana Hits A New All Time High With Record Transaction Volumes

August 16th, 2021

Altcoin Solana (SOL) is making some silent moves gaining a massive 41% in the last 24 hours and hitting an all-time high of $63.43 as of press time. The Solana cryptocurrency has set itself up for a massive journey northwards and looking to make its way in the top ten cryptocurrencies by market cap. Over…

Neko Network hacked; attackers steal over 2 million in stablecoins

August 13th, 2021

The Poly Network attack wounds are still fresh, and the Defi market is hit with another hack. The blockchain security team, SlowMist announced that the Neko Network is hacked, with over 2 million stolen in Stablecoins. Neko Network attacker’s address has obtained 2 million USDT, 390,000 BUSD, and 1 BTCB. Attackers use PancakeSwap to exchange…

Cardano Post 12-Week High As Alonzo Upgrade Nears, Here’s Why it Will Break ATH

August 13th, 2021

Cardano extended its weekly gans to 44% today after registering a new 12-week high of $1.99. The fourth-largest cryptocurrency has been on a song since the launch of the Alonzo Purple upgrade.  The Alonzo Purple upgrade would be followed by smart contract integration on the network that would allow Cardano to host Dapps and compete…

Here’s why EIP-1559 may not downgrade miners’ income?

August 12th, 2021

EIP-1559 upgrade has been live for a week now. August 5th, Thursday, EIP-1559, along with four more EIPs, i.e., EIP-3198, EIP-3529, EIP-3541, and EIP-3554 went live with the Ethereum London upgrade. While the upgrade benefitted traders, providing fasters transactions. It threatened miners’ income by burning the majority of transaction fees and removing its entirety from…

XRP Hits $1.00, Here Are Next Entry/Exit Price Levels

August 12th, 2021

XRP bulls came out of hibernation the last few days after a long 2 months of downtrending. BTC & ETH experienced strong revivals the last 2 weeks & XRP price followed the last few days. The overall cryptocurrency market has completely broken all downtrends & is in the best position it has been in months….

Chainalysis Announces It Will Include Dogecoin Coverage in Its Reports

August 11th, 2021

Chainalysis, one of the leading blockchain intelligence companies in the world, has announced it will now cover the Dogecoin network in its reports. The company argues that dogecoin became one of the most known cryptocurrencies in the world after being promoted by Elon Musk, CEO of Tesla during this year. This, consequently, has attracted criminals…

Coinbase Q2 Earnings Shows Ethereum Trading Volumes Surpassed Bitcoin’s For First Time

August 11th, 2021

On Tuesday, August 10, crypto exchange Coinbase released its second-quarter earnings report post the market hours. The NASDAQ-listed company reported a staggering revenue of $2.23 billion against the expected $1.78 billion. During the three-month period, the company reported a net income of $1.61 billion. The second quarter has been most volatile for the crypto market…

Bank Of Jamaica Mints The First Batch Of CBDC

August 10th, 2021

Bank of Jamaica is making steady progress with the country’s central bank digital currency (CBDC). During a short financial ceremony organized on Monday morning, the Jamaican apex bank minted the country’s very first lot of fiat-backed CBDC, ‘the digital version of the Jamaican Dollar.’ Reportedly, a total of J$230 Million in CBDC will be handed…