Author: coinadrenaline
XRP is establishing new trading patterns against Bitcoin, and traders are closely monitoring a potential shift in market dynamics. XRP has exhibited remarkable strength over a lengthier timeframe, with a 31% gain against Bitcoin during the past month, despite a 15% decline in the past week. Analysts are in disagreement as to what may occur next, as the altcoin’s short-term weakness and long-term strength show opposing figures. Unprecedented Consolidation Pattern Emerges EGRAG, a market analyst, has identified a previously unseen development in the relationship between XRP and Bitcoin. The current pattern indicates consolidation at historically elevated levels, in contrast to…
17 July 2024 EEA today published the DeFi Risk Assessment Guidelines, Version 1 <https://entethalliance.org/specs/defi-risks/>. This is a pioneering document compiling risks for DeFi protocols, along with mitigation strategies. The guidelines also cover the documentation and data a project should have available to help investors assess and manage those risks and mitigations. The standard has been produced, and will be maintained, by the EEA’s DRAMA Working Group. That group has brought together top representatives of the blockchain and financial industries to fortify the DeFi ecosystem against a spectrum of risks. Banco Santander, Bitwave, C4, Certik, Coinchange, Consensys, Cryptio, Cube.AI, DeFi Safety,…
A South African study reveals growing DeFi adoption, projecting $2.8 million in volume by the end of 2025, primarily driven by retail customers. FSCA to Focus on Stakeholder Engagement According to a study conducted by South Africa’s Financial Sector Conduct Authority (FSCA), decentralized finance (DeFi) activities are gaining traction, with projected volume expected to reach […]
A recent study reveals significant cryptocurrency adoption and optimism in Australia, with nearly a third of Australians having owned crypto and a majority believing in its future acceptance. Close to 60% of Users Report Profits Nearly a third (32.5%) of Australians have now owned cryptocurrency, while 42.9% “believe crypto will be widely accepted in the […]
Community & educationBITS Pilani Ethereum Ecosystem Advancement InitiativeSupport for Ethereum educational development at the Birla Institute of Technology & Science (BITS) Pilani in India through coursework, practical projects, and community engagement.Community & educationBlockchain Fundamentals Course & Solidity BootcampXerxisEthereum educational content for the local Ethiopian developer community in Amharic.Community & educationDeveloper CoursesEthereum BogotáProduction and organization of advanced in-person Solidity development courses over a seven month period.Community & educationCommunity Building MeetupsEspacio CriptoSeries of six in-person community-building meetups for communities in Mexico City to explore and be educated about Ethereum content.Community & educationETHBostonConference and hackathon in Boston, USA, centered around topics related to…
Este artículo también está disponible en español. Bitcoin (BTC) has dropped below $95,000 and risks a further decline amid the ongoing market retrace. As February comes to an end, some analysts consider the flagship crypto needs to reclaim some crucial levels to continue its bullish long-term trend. Related Reading Bitcoin Sees Monday Bleeding Over the past three days, Bitcoin has seen its price drop below some key levels, dropping 5.7% From Friday’s highs. Amid the news of the US Securities and Exchange Commission’s withdrawal of its crypto case against Coinbase, the largest crypto by market capitalization traded above the $99,000…
Este artículo también está disponible en español. The Bitcoin price has fallen more than -8.8% since Friday when Bybit suffered the biggest crypto hack in history. The flagship digital asset reached a peak of $99,493 late last week, only to retreat to roughly $91,500 at press time, marking a -5.5% decline since Monday. This downturn not only shatters Bitcoin’s attempt to hold above $95,000 but also places it on the verge of losing its critical 97-day trading range between $91,000 and $102,000. Notably, Bitcoin’s price has broken below the descending trend channel that has been in play since January 20.…
Bybit has transferred nearly $100 million worth of ETH back to Bitget. Bitget loaned 40,000 ETH to Bybit immediately after the $1.4 billion hack. According to data from Arkham Intelligence, Bitget has received 40,000 Ethereum (ETH) from a Bybit cold wallet on Feb. 24, worth around $99.98 million at the time of transfer. Bitget was one of the first exchanges to come to Bybit’s rescue after the exchange lost around $1.4 billion worth of Ethereum in one of the largest crypto hacks to date. On-chain data shows that Bybit first moved the chunk of Ethereum from the exchange’s hot wallet…
Journalist Posted: February 25, 2025 Massive liquidity outflows from POL in the past 24 hours could steer a price decline. On the chart, POL could drop to its February low. Polygon [POL] has had a bearish performance across multiple market periods. In the past month, it recorded a 34% price drop, which has extended into the past week, along with a 4.53% decline in the past 24 hours. AMBCrypto’s analysis shows that the fall is likely to intensify as major market metrics have turned bearish, particularly as more liquidity moves out of the asset. Massive liquidity outflow puts 99% of…
Arab Financial Services, a Middle East and Africa digital payments provider, has partnered with Ternoa to introduce cryptocurrency payments in the United Arab Emirates. Stablecoin Payments at POS Terminals Arab Financial Services (AFS), a digital payment solutions provider focused on the Middle East and Africa, announced on Feb. 24 that it had partnered with Ternoa […]