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Ethereum – Page 31 – BitcoTasks BLOG
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Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program

Cryptocurrency Market News

In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million.  The hacker behind the breach subsequently sold 592 million GALA tokens, amounting to $21.8 million in value, as blockchain analysis firm Lookonchain confirmed. CEO…

Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program Read More »

Solana Cup And Handle Pattern Means An At Least 90% Move Against Ethereum, Analyst Says

Ethereum

Jan Happel and Yann Allemann, the co-founders of the on-chain analytics platform Glassnode, recently suggested that Solana (SOL) could make a significant move to the upside in its Ethereum pair. They alluded to the likelihood of Ethereum rising higher as another reason SOL will likely “soar.” Solana To Make A 90% Move Against Ethereum Happel…

Solana Cup And Handle Pattern Means An At Least 90% Move Against Ethereum, Analyst Says Read More »

Bulls In Control: Ethereum Longs See Biggest Candle Ever After ETF News

Ethereum

Data suggests users on Binance responded to the Ethereum exchange-traded fund (ETF) news by aggressively longing the cryptocurrency. Ethereum Net Taker Volume On Binance Has Just Seen Its Biggest Candle Ever As explained by CryptoQuant community manager Maartunn in a rumors have surfaced that the ETH spot ETFs have a renewed chance of gaining approval.…

Bulls In Control: Ethereum Longs See Biggest Candle Ever After ETF News Read More »

Crypto Market Liquidations Top $330 Million In 24 Hours With Ethereum In The Lead

Ethereum

As the Bitcoin and Ethereum prices hav barreled toward a new all-time high, short-term traders have been suffering the brunt of the liquidations. In the last day alone, over $330 million was liquidated from the crypto market and the majority of this has been from short traders who expect prices to fall once again. Over…

Crypto Market Liquidations Top $330 Million In 24 Hours With Ethereum In The Lead Read More »

Sei Foundation Unveils ‘Parallelized’ EVM In v2 Upgrade, Driving 11% Spike In SEI’s Price

Sei

To increase the capabilities of its Layer 1 (L1) blockchain, the Sei Foundation has announced a governance proposal to upgrade Sei to Version 2. This proposed upgrade will reportedly introduce a “high-performance, parallelized” Ethereum Virtual Machine (EVM) to improve the network’s overall functionality. Sei Rolls Out Multi-Phase V2 Upgrade According to the announcement, the Sei…

Sei Foundation Unveils ‘Parallelized’ EVM In v2 Upgrade, Driving 11% Spike In SEI’s Price Read More »

Ethereum Nears Crucial Breakout: Could $4,000 Be The Next Move?

Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, is currently poised at a crucial juncture, with a prediction of a potential breakout. Prominent crypto analyst Jelle recently pointed out that Ethereum is nearing the end of a falling wedge pattern, a situation often interpreted as a bullish signal in technical analysis. Technical Indicators And Market Sentiment…

Ethereum Nears Crucial Breakout: Could $4,000 Be The Next Move? Read More »

Ethereum Price Dips: Bulls To Scoop Up the Opportunity?

Eth

Ethereum price started a downside correction from the $3,150 zone. ETH is holding gains and might start another increase from the $3,000 support. Ethereum started a downside correction after the bears defended $3,150. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance…

Ethereum Price Dips: Bulls To Scoop Up the Opportunity? Read More »

Solana Takes The Crown: CoinGecko Ranks It The Best, Leaving Ethereum Behind In Key Metric

Solana

The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings.  The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual…

Solana Takes The Crown: CoinGecko Ranks It The Best, Leaving Ethereum Behind In Key Metric Read More »

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