3 reasons why Ethereum is stuck below $3,900
Factors include uncertainty in the spot Ethereum ETF launch, high ETF futures open interest, and stagnant Ethereum network usage.
Related Posts
Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K
Vitalik Buterin’s crypto holdings have doubled since January 2021 to surge above $1 billion. 3140 Total views 26 Total shares Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire.Buterin’s public Ether address, which he described as his main wallet back in 2018, has…
Crypto meetups are dangerous to health and wealth, South Koreans warned
The warning is not just because of the coronavirus pandemic. The government of South Korea has issued warnings to the public to avoid real life crypto meetups due to the “high risk” of catching coronavirus in the midst of a second outbreak in the country.Segye Ilbo reports the authorities not only warned about COVID-19-related fears…
Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis
Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity. 626 Total views 18 Total shares Many owners of precious Bored Ape Yacht Club (BAYC) and CryptoPunks NFTs, who used them as collateral to take out loans in Ether (ETH), have failed to repay their debts. The situation could lead up…
Four-Year Anniversary of Bitfinex Hack, and $12M of Stolen BTC Moved
Hackers transferred roughly $12M from wallets connected to the Bitfinex breach, in which 120,000 Bitcoin was stolen in August 2016. Someone with access to the 119,756 Bitcoin stolen from crypto exchange Bitfinex in 2016 moved $12 million to unknown wallets in the last six days.According to a series of tweets posted by Whale Alert on…
German regulators launch inquiry into ChatGPT GDPR compliance
Germany becomes the latest European nation to officially question OpenAI’s compliance with GDPR. 350 Total views 6 Total shares Own this piece of history Collect this article as an NFTOpenAI faces another hurdle in its quest to continue doing business in the European Union as German authorities have launched an inquiry into the company’s privacy…
Alibaba to ban crypto miner sales amid Chinese crackdown
Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties. 469 Total views 3 Total shares Chinese e-commerce giant Alibaba is the next company to wrap its cryptocurrency-related services in response to the ongoing crypto crackdown in China.Alibaba officially announced Monday that its platform will prohibit…
Bitcoin volatility takes a break as $31K BTC price yearly highs loom
A serious watershed is on the horizon for BTC price, as Bitcoin shorters show signs of betting on a short-term trend turnaround. Bitcoin (BTC) denied the market fresh volatility at the June 23 Wall Street open as traders attempted to guess its next targets.BTC/USD 1-hour chart. Source: TradingViewBitcoin lacks "strong confirmation" of new upsideData from…