Ether was able to recoup after falling below $1200
Ether (ETH) fell to $1,160 at the beginning of trading on December 20. By the evening, the support strengthened, and the altcoin bounced above $ 1200.
Unknown persons moved the "sleeping" four years 22,982 ETH
On December 18, unknown persons transferred 22,982 ETH (~$27.1 million), which have not been moved for the last four years. PeckShield experts drew attention to this.
ETH Discount to ETH reached 5% amid Binance Problems
The discount in the bETH/ETH trading pair reached 5%. Some members of the crypto community believe that the depreciation of the tokenized version of Ethereum on the blockchain of the Binance crypto exchange can be used for profitable purchase of coins As of the time of writing the news, the discount in the bETH/ETH trading pair is 5.08%. In mid-December, the indicator updated the local maximum
CryptoQuant: Large-scale correction of ETH on the horizon
CryptoQuant analysts noted factors that indicate the upcoming sale of the Ethereum (ETH) cryptocurrency. CryptoQuant's analysts foresee serious problems for Ether prices in the near future. Negative fundamental factors can lead to the sale of the second largest cryptocurrency after Bitcoin.
The forecast of the value of the cryptocurrency ether on January 1, 2023
Etherum (ETH) as of January 1, 2023. Against the background of the instability of the virtual asset market, we were interested to understand how the price of the second digital asset will behave in terms of market capitalization.
Bulls Lack Momentum to Push Ethereum Price Up
The price of Ethereum shows a lack of momentum of its own, although the recent growth of bitcoin has pushed ETH to another maximum of fluctuation. Failure at this level caused a sell-off, which may continue and reduce the price of the token to critical support levels.
Michael Saylor: "Proof-of-Stake protocols are unstable and risky"
The founder of MicroStrategy called cryptocurrencies using the Proof-of-Stake (PoS) consensus algorithm unstable and at risk of collapse. Michael Saylor supported Bitcoin maximalist Matthew R. Kratter, who recently stated that the Proof-of-Stake consensus mechanism, which the Ethereum network switched to, makes the ether more vulnerable. Kratter suggested that regulators examine whether the
Active Ethereum addresses have peaked since May 2021. Good news for ETH?
According to data from the network analytics company Santiment, Ethereum is currently seeing the highest level of activity in the last 17 months. "Daily Active Addresses" is an indicator that measures the total number of Ethereum addresses that were used as a sender or recipient during the day.
Cryptokit has withdrawn 649,000 Ethereum from the Bitfinex trading platform
Data from the Ethereum Etherscan blockchain browser shows that 640 thousand ETH were transferred from the Bitfinex 2 cryptocurrency exchange, owned and operated by iFinex Inc.
The company Unsellable buys unnecessary NFT for a song
The new Unsellable service, created by businessmen Skyler Hallgren and Zach Miller, buys depreciated NFTs.
Manchester United FC's NFT turned out to be plagiarism
Manchester United Football Club was caught plagiarizing when creating the NFT Manchester United Digital Collectibles collection.
The best NFT in terms of sales in 7 days
The cryptocurrency market is facing serious problems in 2022. Interest in the industry has decreased significantly. This also affected the popularity of non-interchangeable tokens. However, NFT collectors still did not leave the market and continued to participate in the purchase of virtual art objects.
China announced the launch date of the state-owned NFT marketplace
China intends to use its NFT platform to regulate the secondary markets of collectible tokens and combat excessive speculation in digital assets. The Chinese authorities have made it clear that on January 1 they will launch the first regulated platform for trading non-interchangeable tokens. The platform was created by the state-owned China Technology Exchange, the private Huban Digital
Fable game designer Peter Molyneux urged to regulate NFT
Game designer Peter Molyneux, who sold $52 million worth of non-interchangeable tokens, recalled the need to regulate the NFT market
3000 NFT Smurfs appeared in The Sandbox metaverse
A subsidiary of Animoca Brands and The Sandbox metaverse has been replenished with a new member of The Smurfs’ Society. As part of the partnership, The Smurfs’ Society will showcase itself to The Sandbox community through 3,000 exclusive NFTs for selected NFT Voxie owners.
