CryptoExplorer ✪

2022-09-15 09:25:09 Ethereum Merge Countdown
Current total difficulty is 58748957656381106295293 and around 0h 19m 50s is left to reach the target.
Read more Open / Comment

2022-09-14 13:16:25 With Inflation at 8.3%, Ethereum Risks “Sell the News” Merge
Ethereum has dropped by 8.7% after U.S. inflation fell by less than analysts' expectations. The downturn puts Ethereum at risk of its upcoming merge to Proof-of-Stake becoming a "sell the news" event. Several industry figures have outlined the potential for increased ETH selling, even in the event that the Merge is successful. Read more Open / Comment

2022-09-12 12:31:09 This Week In Crypto (36)
1. Binance․US Introduces Ethereum Staking
2. ‘Buy bitcoin’ search interest drops to a 2-y low
3. Binance converts stablecoins to BUSD
4. Russia eyes cross-border crypto payments
5. Bitcoin back over $21k
CW35 (last week) Open / Comment

2022-09-12 11:24:02 MicroStrategy To Purchase More Bitcoin From Proceeds Of A $500 Million Stock Sale
MicroStrategy, the largest publicly listed Bitcoin holding company in the world, plans to double down on its BTC purchases using proceeds from a $500 million sale of its stock. According to a Friday filing with the U.S. Securities and Exchange Commission, MicroStrategy contracted two global investment firms, BTIG and Cowen, as agents to help it sell its company shares for an aggregate price of up to $500 million. The filing further stated that in addition to the proceeds being used for “general corporate purposes,” MicroStrategy would allocate part of the money to purchasing more Bitcoin. Read more Open / Comment

2022-09-10 19:29:56 Interest in keyword ‘buy bitcoin’ on Google Search drops to a 2-year low
Bitcoin (BTC) has been on a downwards trend since the start of the year, recording a significant sell-off while struggling to sustain its value above $20,000. Following the market correction, interest in the asset among investors has also dwindled. In particular, Google search interest in the keyword ‘buy bitcoin’ hit a new two-year low, recording a popularity score of 6 during the week ending September 10, as per data retrieved by Finbold. Notably, the last low interest in the keyword was recorded on October 17, 2020 when the cryptocurrency was gearing up for a new rally that culminated in the bull market recorded last year. Read more Open / Comment

2022-09-09 16:26:06 Crypto markets see flood of Queen Elizabeth memecoins and NFTs
Crypto degens have wasted no time after the passing of Queen Elizabeth II, flooding the crypto market with more than 40 new Queen-related meme tokens, and hundreds of new nonfungible tokens (NFTs) in the same vein. New tokens launched on decentralized exchanges on the BNB Smart Chain and Ethereum over the past 24 hours include names such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip Queen Elizabeth. According to data from Dex Screener, the Queen Elizabeth Inu token on BSC-based PancakeSwap has since had the biggest price value gain over the past 24 hours, with an eye-watering 28,506% pump to $0.00008000 at the time of writing. Read more Open / Comment

2022-09-08 12:50:34 This Week In Crypto (35)
1. DC Attorney General sues Michael Saylor and MicroStrategy
2. Crypto.com backs out of $495M deal with UEFA
3. 5,000 BTC From Satoshi-Era Wallet Moved
4. FBI issues alert over exploits targeting DeFi
5. Bitcoin drops down to $18.5k
CW34 (last week) Open / Comment

2022-09-08 11:05:31 Binance․US Introduces Ethereum Staking
Binance․US has launched an exclusive staking program ahead of the upcoming Ethereum merge. According to the official blog update, users will be able to earn high APYs on their locked ETH starting from 6%. However, the staking service, at the moment, can only be availed by Binance․US customers based in the United States. Read more Open / Comment

2022-09-07 20:48:08 Attacker scoops $370,000 profit flash loan arbitrage on Avalanche
Nereus Finance, a DeFi staking platform on Avalanche, was impacted in a flash loan arbitrage attack on Tuesday, that saw the exploiter drain $370,000 in USDC stablecoin, according to a report by CertiK. On-chain data from Snowtrace shows the attacker launched the exploit with a $51 million flash loan. The funds were used to execute a flash loan attack that manipulated token pricing on Nereus. The attacker paid back the $51 million loan but still had $370,000 in USDC after the arbitrage trade was over. Read more Open / Comment

2022-09-01 14:11:24 The current bitcoin drawdown has lasted for 295 days, and we are currently down 70% from the all-time high. Still, the peak depth of the drawdown of 74% occurred in June, 222 days from the ATH. In the 2014 and 2018 bear markets, the bottoms occurred 12-13 months after the bear markets began, with a max drawdown of 84-85%. Read more Open / Comment