Poly Network Sends Bounty as Attacker Holds $141M Hostage
Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.
Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.
Support at $42K-$44K could stabilize the pullback.
"We still have support at $44,000 and $42,000, which is the line in the sand for short-term momentum," one investment officer said.
Bitcoin and other cryptocurrencies are consolidating near recent highs.
AVAX's price has more than doubled in the past month, according to data from Messari.
The cryptocurrency is down 3% in the last 24 hours.
Crypto adoption has increased 23-fold globally over the past year with India, Pakistan and Ukraine driving the surge.
Traders appear bullish after the viral app chose Audius to power its new “TikTok Sounds” library.
BTC is trading around the 200-day moving average and will need to break out of a short-term range to resume the uptrend.
Low levels of daily trading volume persist as bitcoin struggles to edge higher while short positions build.
Analysts expect traders to take a breather after the crypto's recent rally.
"Crypto natives have proven to be very resilient," one analyst said.
The outflow was partly because of low investor participation due to seasonal effects, also seen in other asset classes.
Bitcoin's uptrend is improving despite brief pullbacks.
Bitcoin is joined by ether and cardano, which have surged 11% and 53% in the last seven days respectively.
Liquidation happens when a trader has insufficient funds to keep a leveraged trade open.
The largest cryptocurrency by market value was trading close to its highest level in more than two months
The plan to add smart contracts next month could defy skeptics who have bet that the functionality wouldn't come anytime soon.
The ETH/BTC ratio is holding support above 0.05 and could face initial resistance near 0.08.
Seasoned investors, according to some, are increasingly active with data hinting at a strong uptake in altcoins, beginning Aug. 9.
Analysts said the market doesn't have much of an appetite now for bitcoin above $46,000 or for a massive selloff.
The exchange posted earnings on Tuesday after the stock market close that beat analysts' estimates.
A year-over-year gain of 5.4% may reflect an economy that’s still suffering from supply shortages while keeping up with increasing demand.
Resistance near $50,000 to $55,000 could stall the recovery given short-term overbought signals.
The crypto is now up 57% year to date.
Blockchain data firm Kaiko analyzed trading activity on centralized exchanges from different days and time zones.
Bitcoin pulled back as traders digest regulatory developments in the U.S.
From the end of June through now, FTX’s market share has grown from 9% to 16%.
As information disclosed by issuers varies, it's not easy for investors to make apple-to-apple comparisons.
Bitcoin is up about 20% over the past week, compared to a 25% rise in ether, the world’s second-largest cryptocurrency by market value.