Friday, February 4, 2022

Popular Stock Exchange drew attention to Cardano: Is this a Bullish Signal!

Popular Stock Exchange drew attention to Cardano: Is this a Bullish Signal!

Popular cryptocurrency exchange Kraken has announced that the price of Cardano (ADA) has risen dramatically amid the boom in daily crypto transactions. Cryptocurrency exchange Kraken says the current price action according to Cardano's (ADA) daily trading could be a bullish indicator for the sixth-largest cryptocurrency by market cap.



 Reasons for the rise in Cardano (ADA) price

Kraken, one of the oldest crypto money exchanges in the market, is among the exchanges that people who have been trading cryptocurrencies for many years. In a recent new report, Kraken says that although the price of ADA is strongly correlated with the volume of network activity, this has not been the case since late 2021, when Cardano's price failed to keep up with the increase in its day-to-day transactions.

Renowned cryptocurrency exchange Kraken says there was a “buy deception, sell the news” pattern characterizing the market activity that led to Cardano’s updates, but the current correlation between ADA’s price and trading volume indicates diminishing hype on the network. Renowned cryptocurrency exchange Kraken says ADA is going through a correction phase and is still on growth path as decentralized applications (DApps) are launched on the network.

Emmy Award-Winning Famous Name Chose DOGE!

Emmy Award-Winning Famous Name Chose DOGE!

 Dogecoin (DOGE), the largest meme coin and the ancestor of meme coins, has paved the way for a number of promising projects over the past year. Although it started out as a joke, the meme coin seems to stand out alongside its counterparts. Having garnered the support of many famous people, DOGE seems to have caught the attention of producer TJ Allard, who most recently won two Emmy awards. As , we are giving the details… You can see the Dogecoin (DOGE) price and detailed market data here.


Dogecoin attracted the attention of the famous producer

Many people have embraced Dogecoin, from Tesla's CEO Elon Musk to American rapper Snoop Dogg. TJ Allard was last seen trying to jump onto the DOGE wagon. TJ Allard, who stands out with his projects OpenHouse NYC, The Secret o Skinwalker Ranch and 1st Look, responded to DOGE's co-founder's tweet that said "Dogecoin". Allard, “Did someone say Dogecoin?” used the phrases.

Hackers Stole $320 Million Worth of Ethereum

 The second largest hacking event of the decentralized cryptocurrency markets took place. Hacking Wormhole, which acts as a bridge between Solana and other networks, hackers stole 120,000 Ethereums with a total value of more than $320 million.



An event that shook the crypto money community took place at night. A massive hacking event occurred on the Wormhole network, which acts as a bridge between the Solana network and other decentralized exchanges. In the second largest hacking event among DeFi protocols to date, 120,000 Ethereum was stolen. The instantaneous value of this Ethereum is 321 million 888 thousand dollars. In other words, the stolen money is approximately $320 million.

 

Wormhole administrators, who prevented transactions over the network with the understanding of the hack event, offered 10 million dollars to the hacker or hackers for the return of the stolen Ethereum. While it is not known whether this proposal has been answered or not, the Wormhole portal is still closed as of 11:27 am when this content was written. Platform administrators have not made any statements for the last 7 hours

$1 billion Ethereum burned

 $1 billion Ethereum burned

  In the Ethereum network, where a significant part of NFT trading takes place, the amount of burns increased by a record. More than $1 billion in Ethereum was burned in 2021 last year.

NFT sales on the Ethereum network have reached incredible proportions, resulting in very high trading fees due to the network's density. Some of it is burned automatically, but even this amount of ethereum burned is unbelievable.



OpenSea broke an all-time record when NFT trading of $ 3.5 billion took place in January. This figure provided approximately $181 million in ETH burning. ETH burns of $98 million and $66.9 million took place on Uniswap. ETH burning of 350 million dollars took place on only 2 platforms. The remaining amount was on all other DEX, DeFi and NFT platforms.

On the other hand, Ethereum is still in great inflation. While 5.4 million ETH is mined annually, 3.5 million ETH is burned. It is stated that, towards the end of the year, the network will be significantly relieved with the transition to the PoS system, where not miners but those who hold ETH will be rewarded. This possibility strengthens the prediction that it will support the appreciation of Ethereum.

How high will Bitcoin go?

How high will Bitcoin go?

 On the other hand, when it comes to his predictions for the crypto money market, the expert drew attention to the Fed meeting and said that prices may rise after the decisions of the US Federal Reserve. After the Fed meeting, BTC may return to the $40,000 levels it lost last week; He thinks that attacks can be made at these levels.

Bitcoin was at $ 37 thousand 274 the day before. As the Fear and Greed index reaches “Extreme Fear” once again at these levels, it is stated that the crypto money market is moving in deep panic, while new developments are being followed.



Bitcoin, Ethereum and cryptocurrencies skyrocketed! How much, how many dollars?

 Bitcoin, Ethereum and cryptocurrencies skyrocketed! How much, how many dollars?

Cryptocurrencies skyrocketed towards the evening hours. Bitcoin gained 9%, Ethereum 13%. After this development, "Bitcoin, how much was Ethereum?" The question began to come.

Investors began to carefully monitor the latest developments.

On Friday, February 4, there was a big rise in cryptocurrencies. While cryptocurrencies gained value, Bitcoin rose above $ 40 thousand. Ethereum, on the other hand, is close to $ 3,000. After the increase "Bitcoin, how much was Ethereum?" The search for an answer began.

HOW HIGH DID BITCOIN RISE?

While Bitcoin gained 9% in value, it is traded at $ 40 thousand 203 around 22.45 hours.



HOW HiGH DID ETHEREUM RISE?

Ethereum is up 13% and is trading at $2,942 at 22:45.

He did not return the mistakenly deposited Bitcoin

 He did not return the mistakenly deposited Bitcoin, he was in court

The investor named Uğur S. has been shopping for years through a firm that mediates bitcoin and many crypto currency transactions. A wrong operation brought things to a different point. As a result of the transaction, the person and company that did not refund Bitcoin was sued.



EXCESS MONEY ACCIDENTLY DEFETED INTO YOUR ACCOUNT

According to the news in the Sabah newspaper, the company, which accidentally loaded extra money into the account, said, "We gave too much money, return it," but the investor said, "We did not receive much money." The prosecution has signed a case that will interest many crypto money investors. He sued the investor, who did not return the extra bitcoin, on the charge of 'disposal on lost or accidentally seized goods'.

The company, which determined that Uğur S. had sent money to his bitcoin account incorrectly, requested the return of the bitcoin, which corresponds to the value of 1,656 lira. The company complained to its investor that Bitcoin was not returned.

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