Wintermute Makes “Optimistic” Assumption, Loses 20M Tokens

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 address... Read more »

Chainlink Targets Double Digits After Staking Roadmap Update

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 an... Read more »

Osmosis Chain Halted After $5M Exchange Exploit

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 by... Read more »

Ethereum Primed for Volatility as Price Movements Tighten

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 breaks... Read more »

Bitcoin Flashes Buy Signal for the First Time Since January

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 could... Read more »

Solana and Avalanche on Brink of Possible Breakout

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 to... Read more »

Ethereum Is Making More Money Than Ever From Layer 2 Networks

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 the... Read more »

Monero Looks Primed to Retrace to $150

Key Takeaways Monero could retrace by more than 20% over the next few days.  A sustained close below $191 should validate the bearish thesis.  XMR will likely need to claim $207 as... Read more »

Solana, Avalanche, Fantom Lead Ongoing Market Slump

Key Takeaways The global cryptocurrency market capitalization fell by 4.1% today. Avalanche, Fantom, and Solana led the downturn with double-digit losses as Bitcoin extended its record streak of eight weekly losses in... Read more »

Cardano Becomes Sixth Biggest Crypto With 27% Surge

Key Takeaways Cardano rallied over 27% today, overtaking Ripple to become the sixth-largest cryptocurrency on the market. The rally precedes the highly-anticipated Vasil hardfork upgrade, which is expected to improve the network’s... Read more »