Ethereum (ETH)

Ethereum Skyrockets Past $4K Tapping a New ATH, Ether Dominance Jumps to 20%

<div class=”featured_image_container”> </div> <strong>The price of ethereum, the second-largest crypto asset in terms of market valuation, touched an all-time high (ATH) on Monday, capturing $4,246 per unit. Ethereum has been on a tear during the last year against the U.S. dollar, gaining a whopping 2,129% in 12 months.</strong> Ethereum Captures Fresh Price Highs, ‘Flippening’ Begins …

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Defi Project Rari Capital Hacked for $10M in Ether, Project’s Pool Drained for 2,600 ETH

<div class=”featured_image_container”> </div> <strong>Reports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team removed funds from the recent Alpha Finance Lab integration. At first, the project’s team revealed they were assessing the hack, but later …

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‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’

<div class=”featured_image_container”> </div> <strong>Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered strength …

‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’ Read More »

Researchers Spot New Cryptocurrency Stealing Malware Advertised Under a Subscription Model

<div class=”featured_image_container”> </div> <strong>A cryptocurrency-related malware program has been advertised on darknet forums as the “leading way to make money in 2021,” raising alarms among the cybersecurity community. Palo Alto Networks published a report on the malicious app Westeal, detailing the author’s ties with other types of malware that steals major streaming services accounts.</strong> Westeal …

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Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets

<div class=”featured_image_container”> </div> <strong>On Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans to keep 5% of its balance sheet …

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Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target

<div class=”featured_image_container”> </div> <strong>Fundstrat Global Advisors’ most recent “Weekly Crypto Briefing” and the company’s lead digital asset strategist, David Grider, opines a target bitcoin price of $100k per coin is still “intact.” Moreover, Fundstrat believes that the price of ethereum will reach a $10k target, while the entire crypto-economy is “on pace to hit $5 …

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Billionaire Mark Cuban’s Million-Dollar Bet: BTC or ETH to Outpace the S&P 500 in 10 Years

<div class=”featured_image_container”> </div> <strong>The American billionaire entrepreneur and television personality, Mark Cuban, has waged a bet with Creative Planning’s founder Peter Mallouk over the performance of cryptocurrencies versus the S&amp;P 500. Cuban said on Twitter that the two should put $1 million into a stablecoin-based smart contract, in order to place a bet over the …

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European Investment Bank Distributes $121 Million in Ethereum-based Digital Bonds

<div class=”featured_image_container”> </div> <strong>The European Investment Bank (EIB), the investment bank owned by the EU Member States, has announced the issuance of the organization’s first-ever digital bond built on a public blockchain. The bond was issued using Ethereum and the issuance invoked $121 million two-year bonds placed with key market investors.</strong> EIB Issues Digital Bonds …

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Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance

<div class=”featured_image_container”> </div> <strong>The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time high at $2,736 per unit as the crypto asset has gained 11.48% during the last seven days.</strong> Ethereum Cracks a New ATH …

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Vitalik Buterin and Balaji Srinivasan Donate to Indian Covid Relief Fund Despite Country’s Intentions to Ban Cryptos

<div class=”featured_image_container”> </div> <strong>The covid-19 crisis is worsening every day in India, as the country keeps hitting record daily numbers of cases and its death toll. The crypto community is starting to show solidarity with the country, as big players such as Ethereum co-founder and a well-known investor announced crypto donations to provide support.</strong> Buterin …

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