Following a notable surge, Ethereum has approached a critical resistance zone around $1.8K and has begun losing momentum. Nevertheless, the emergence of a bearish divergence suggests a potential short-term corrective consolidation before the next bullish continuation. Technical Analysis The Daily Chart Following the substantial price increase as of late initiated by strong buying pressure at…
Ethereum Foundation researcher Dankrad Feist has proposed a significant change to the network’s gas limit, aiming to boost transaction capacity and network performance. On April 27, Feist submitted Ethereum Improvement Proposal (EIP) 9698, suggesting that Ethereum’s gas limit should grow 100 times over the next four years through automated client-side settings. According to Feist: “The…
Bitwise CEO Hunter Horsley noted that despite BTC’s price recovering to $95,000, Google searches for “Bitcoin” are approaching long-term lows. An uptick in queries on the world’s biggest search engine typically reflects retail curiosity. As such, Horsley explained in his tweet that the latest surge in Bitcoin’s value has not been driven by retail investors,…
Key takeaways Crypto-backed mortgages let you use assets like Bitcoin or Ether as collateral to secure a loan without selling your holdings. The process involves choosing a lender, securing your crypto in custody, appraising the property and finalizing loan terms. These mortgages offer tax advantages, streamlined approvals and the ability to retain crypto investment value…
Monero (XMR) has soared to its highest price in four years after reports linked the privacy coin to a significant crypto theft. On April 28, blockchain analyst ZachXBT revealed a suspicious transfer involving 3,520 Bitcoin (BTC), worth about $330.7 million. The blockchain analyst explained that the victim is a “longtime Bitcoin holder” who is likely…
Monero’s XMR token spiked on Monday, with investigators suspecting the network was used to launder $333 million worth of stolen Bitcoin. Monero’s XMR token spiked on Monday, with investigators suspecting the network was used to launder $333 million worth of stolen Bitcoin. , monero, Coins Decrypt
Onchain sleuth ZachXBT has flagged a suspicious transfer involving 3,520 Bitcoin (BTC) (valued at $330.7 million) that may indicate a major theft. The transaction, reported on April 28, saw funds moved from a potential victim’s wallet to the address bc1qcry…vz55g. Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and…
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Crypto lender Nexo said it is reentering the U.S., marking a comeback two years after regulatory friction forced its exit. “America is back and so is Nexo,” Co-founder Antoni Trenchev said at a press event Sunday in Bulgaria with Donald Trump Jr., crediting what he described as a more favorable environment for innovation under the…
Bitcoin (BTC) returned to positive territory for the year for the first time in almost two months, approaching $95,000 and erasing a drop of as much as 18%. Its current performance, up less 1.5% since Dec. 31, places it between gold, which has gained 24% and the Nasdaq 100, which is down over 7%. As…
