Market News – Page 16 – WORLD CRYPTO BUSINESS

Bitcoin, Ethereum Tumble After Breaching Critical Support

[ad_1] Key Takeaways Bitcoin dropped 11.6% following Monday’s open. At the same time, Ethereum took an 18% nosedive.  Both cryptocurrencies now sit at crucial support levels.  Share this article The total cryptocurrency... Read more »

Ethereum Optimism Thief Returns $16M in Stolen Tokens

[ad_1] Share this article The attacker also sent 1 million OP to Vitalik Buterin and retained 2 million tokens as a bounty reward.  Optimism Attacker Gives Back Loot The attacker who stole... Read more »

Cardano Could Retrace Before Higher Highs

[ad_1] Key Takeaways Cardano has surged by nearly 25% over the past week. Bullish momentum is building ahead of Cardano’s Vasil hard fork.  Still, technical indicators suggest ADA could retrace before printing... Read more »

Wintermute Makes “Optimistic” Assumption, Loses 20M Tokens

[ad_1] Key Takeaways The Optimism Foundation has revealed that it lost 20 million OP tokens in an incident involving the market-making firm Wintermute. Wintermute had mistakenly provided Optimism with a multi-signature Ethereum... Read more »

Chainlink Targets Double Digits After Staking Roadmap Update

[ad_1] Key Takeaways Chainlink has revealed detailed plans about the implantation of staking rewards.  LINK surged by nearly 20% to hit $9 following the announcement. Further buying pressure could see LINK hit... Read more »

Osmosis Chain Halted After $5M Exchange Exploit

[ad_1] Key Takeaways The decentralized exchange Osmosis has been exploited for around $5 million following the disclosure of a critical bug. The bug allowed malicious users to drain liquidity from the exchange... Read more »

Ethereum Primed for Volatility as Price Movements Tighten

[ad_1] Key Takeaways Ethereum has developed a descending triangle on its four-hour chart. If the $1,720 support level continues to hold, Ethereum could appreciate by as much as 25%. Conversely, if Ethereum... Read more »

Bitcoin Flashes Buy Signal for the First Time Since January

[ad_1] Key Takeaways Bitcoin has gained nearly 1,650 points in market value since Monday’s open.  The TD Sequential indicator shows a buy signal on BTC’s weekly chart. A sustained close above $33,000... Read more »

Solana and Avalanche on Brink of Possible Breakout

[ad_1] Key Takeaways Solana and Avalanche have surged by over 15% Monday. Both Layer 1 tokens are testing vital areas of resistance. Further buying pressure could send SOL to $62 and AVAX... Read more »

Ethereum Is Making More Money Than Ever From Layer 2 Networks

[ad_1] Key Takeaways Layer 2 networks are spending more gas than ever settling transactions on Ethereum mainnet. The Wednesday following Optimism’s token launch saw Layer 2 networks use a record-breaking 3.95% of... Read more »