Author: coinadrenaline
AAVE has successfully broken above its descending wedge formation, as technical analysis allude to bullish price action. The protocol governance update, whale accumulation, and a $1m weekly buyback proposal suggest a bullish market sentiment. Aave [AAVE] has caught the market’s attention following an 11.78% price surge and the protocol’s announcement of future growth strategies. At the time of writing, it had gained substantial bullish momentum following its breakout and was trading at $232, according to CoinMarketCap data. On-chain signals suggest a potential uptrend rally if bulls hold strong. Price action and technical indicators AAVE has been trading inside a descending…
Bhutan has quietly amassed nearly $1 billion in bitcoin reserves through sustainable hydroelectric mining, using the cryptocurrency to fund public services and positioning it as a strategic financial model for nations grappling with economic instability. How a Himalayan Kingdom Turned Bitcoin Into a Tool for Fiscal Resilience In a bold fusion of environmental stewardship and […]
Este artículo también está disponible en español. Ethereum (ETH), the second-largest cryptocurrency by market cap, is flashing multiple bullish signals that suggest a potential upside move. However, rising exchange reserves are tempering this optimism. Has Ethereum Formed A Local Bottom? Ethereum has dropped nearly 20% over the past two weeks, falling from approximately $2,805 on February 23 to just above $2,200 at the time of writing. This decline has wiped out $80 billion from ETH’s market cap. Related Reading Despite this sharp pullback, crypto analysts are pointing to several bullish indicators that could signal an impending price reversal. Crypto analyst…
Attorneys representing the US SEC and Tron founder Justin Sun formally submitted a request to pause the ongoing legal battle. The sixty-day pause will allow the parties to explore settlement options. Key Takeaways Justin Sun’s legal team joined the SEC in jointly requesting a 60-day halt to the legal contest as they consider settlement options. Sun is battling charges levelled by the SEC in March 2023, alleging wash trading and unregistered securities offerings of BTT and TRX tokens. Both parties submitted that pausing the ongoing legal battle will conserve judicial resources, thus beneficial to the public and the court. …
Bitcoin (BTC) turned up from $81,500 on March 4, and the bulls are trying to extend the recovery above $90,000 on March 5. However, some analysts do not expect Bitcoin to run up in the near term. Bitfinex analysts said in a March 3 markets report that Bitcoin could face “significant resistance” at $94,000.In another note of caution, CryptoQuant contributor XBTManager said in a Quicktake post that Bitcoin is likely to extend its consolidation for some time. Hence, risky trades should be avoided over the next few months. The analyst said the time to buy will come when short-term holders…
Bybit CEO Ben Zhou has confirmed that $1.07 billion—roughly 77% of the assets stolen in the exchange’s recent $1.4 billion security breach—can still be tracked.In a March 4 update, Zhou disclosed that hackers successfully laundered $280 million, around 20% of the 499,000 ETH stolen.Meanwhile, investigators have managed to freeze $42 million, accounting for 3% of the compromised funds.Zhou stated that 11 independent bounty hunters were rewarded $2.1 million for helping to freeze stolen assets. Among the top contributors were Mantle, Paraswap, and blockchain investigator ZachXBT.THORChain’s roleZhou revealed that the attackers converted much of the stolen ETH into Bitcoin (BTC) through…
Best Cryptos to Invest in Today for Exponential Return Potential: Qubetics’ Multi-Chain Wallet (Stage 24 Presale), Chainlink’s Market Surge & Binance’s Exchange Growth No Result View All Result
Este artículo también está disponible en español. The XRP price has retraced and lost the gains it recorded from its Sunday rally following Trump’s announcement that the crypto would be included in the crypto strategic reserve. Following this price correction, crypto analyst Trade City has key support levels that could determine XRP’s future trajectory. Important Support Levels For The XRP Price In a TradingView post, Trade City highlighted $3.06717 and $1.67220 as critical support levels for the XRP price on the weekly timeframe. While analyzing the weekly chart, the analyst noted that after bouncing along the ascending trendline, XRP confirmed…
The security of the Ethereum protocol is continually being improved, and one recent effort is the external security review of the Pectra System Contracts. The results of this review can be found in the audits repository, and the TL;DR is that all discovered issues deemed relevant or important from these reviews have been addressed. Audit Scope and Methodology The Pectra System Contracts encompass several EIPs (EIP-2935, EIP-7002, and EIP-7251), and reviews were primarily done to: Evaluate the contracts for potential attack vectors.Ensure that the contract logic accurately implements the intended functionality as per the EIP specifications. A multi-phase approach was…
On March 2, XRP registered a massive rally of 34.15%. The price pump came after US President Donald Trump’s announcement that XRP (XRP) would be included in a US strategic crypto reserve alongside Solana (SOL) and Cardano (ADA). XRP 1-day chart. Source: Cointelegraph/TradingViewHowever, the altcoin retraced 50% of its rally on March 3, and one analyst highlighted that XRP whales are potentially making a move behind the scenes.XRP whales sell at record levelsWith XRP currently 30% below its all-time high, CryptoQuant founder Ki-Young Ju implied that large XRP addresses are potentially cashing out. With the help of XRP’s volume bubble…