Analysis Today TheBitTimes.com

The cryptocurrency space has been dominated recently by Ethereum, and it’s not difficult to understand why. ‘Uptober’ eventually lived up to its reputation as Ethereum led the crypto market out of bearish terrains. Now, in November, traditionally Ethereum’s most fruitful month, the token is regularly setting new annual highs. As experts steer towards a likely $4k milestone for Ethereum, a related project – ETH 20 – is making strides during its presale. Before we delve into Ethereum’s outstanding performance, let’s explore the blossoming potential of the ETH 20 token. ETH20 Token – Capitalizing on Ethereum’s ETF Progress November 9th witnessed an unusual 12% surge in Ethereum’s price within 24 hours. This significant jump, the most significant in over half a year, was prompted by a small progression in BlackRock’s Ethereum ETF application. The ticker for BlackRock’s spot Ethereum ETF si...

Key takeaways Ether has crossed the $2,100 level for the first time in months as the crypto market continues to rally. Shiba Memu’s presale is now closing in on the $4.5 million mark. The cryptocurrency market has been on a bullish run over the past few days, with the prices of most coins up by over 5%. Ether is one of the best performers in the market and is now trading above the $2,100 level. Shiba Memu continues to set new milestones for its presale and will soon reach the $4.5 million mark Ether hits the $2k mark  Ether, the second-largest cryptocurrency by market cap, is trading above the $2,100 level for the first time in months. The rally comes as the broader cryptocurrency market recorded excellent gains over the last few days. The positive performance also comes after the BlackRock iShares Ethereum Trust was registered in Delaware earlier this week. Investors are optimistic that the world’s biggest asset management firm will ...

A hacker who stole 120,000 ETH tokens, worth above $321 million at the time, from the Wormhole cross -chain bridge has started moving funds, according to various on -chain analysts. On the 23 rd of January, the hacker moved $155 million worth of Ether tokens to 1Inch, a decentralized exchange (DEX). The anonymous exploiter has since started swapping their ETH tokens for other cryptocurrencies. According to @lookonchain, the hacker swapped 95,630 ETH (worth $155 million) for 86,473 wstETH – a wrapped version of Ethereum liquid staking protocol Lido’s stETH token. The hacker then used this wstETH to borrow $14.5 million worth of DAI, a dollar-pegged stablecoin. They then bought a further 8,913 stETH with these tokens. This was then used to borrow a further $1.5 worth of DAI. The exploiter’s odd behavior continued, according to on -chain tracker @spreekaway, with the exploiter funding a new address with 0.1 ETH. Spreek speculated that the exploiter...