Cosmos (ATOM) has experienced a remarkable surge, rising by nearly 65%. This upward movement has brought the altcoin above significant technical levels, including the critical 200-day Exponential Moving Average (EMA), which is often seen as a key indicator of long-term trend reversals.
FTT, the native token of the bankrupt FTX exchange, surged 36% to a high of $2.96, following FTX's court-approved reorganization plan.
Story Highlights FTX reveals its $8 billion repayment plan, to begin in March 2025. The FTT price soars 30% in 24 hours with a 284% jump in trading volume. Technical sentiments record increased positive action, hinting at retesting a higher price target.
After nearly two years of waiting, FTX creditors finally see light at the end of the tunnel. The reorganization plan is set to begin in January 2025.
FTT, the native token of the bankrupt cryptocurrency exchange FTX, has experienced a 36% price surge in the past 24 hours. It now trades at a monthly high of $2.61.
A large liquidation of Ethereum holdings has been observed from the Cosmos developer Interchain Foundation, with another 3,000 ETH ($10.16M) sold from their 2017 ICO reserves. This continues a pattern of sales that has seen 21,600 ETH ($55.97M) liquidated since April 2024, with an average selling price of $2,591 per ETH.
Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.
TL;DR Cycles is a proposal from Informal Systems for a decentralized clearing system, led by Ethan Buchman, co-founder of Cosmos. The system aims to eliminate traditional intermediaries (such as banks) and allow any user to participate in a blockchain-based multilateral settlement process.
The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems' CEO Ethan Buchman said.
ATOM recently jumped above its 200-day EMA, could this be a start of a new uptrend?
Story Highlights The live price of the Cosmos token is . The Cosmos price could reach a potential high of $10.24 by the end of 2024. ATOM price could reach a potential high of $56.71 by the year 2030. Cosmos (ATOM) price boomed recently and surprised many, including many big hands.
Latest updates on the coins ATOM, MATIC, and TAO.
Cosmos (ATOM) has shown a promising 15% recovery in the last two days, but it now faces key resistance levels that could determine the future of its price action. Traders eyeing a potential long position should monitor critical technical indicators before making any moves.
ATOM is eyeing a key EMA resistance - Here's what that means!
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.
In an interview with Cryptonews.com, Sunny Aggarwal, co-founder of Osmosis, shared his insights on the Cosmos ecosystem and more! The post Sunny Aggarwal on the Cosmos Ecosystem, Osmosis DEX, and Bitcoin-Based DeFi | Ep. 382 appeared first on Cryptonews.
As blockchain technology advances, platforms like Qubetics, Cosmos, and SpacePay are carving out niches in digital finance and decentralised applications. Each of these projects tackles different challenges and opportunities in the blockchain ecosystem. Qubetics is focused on bridging the gap between cryptocurrencies and traditional finance through its innovative conversion mechanism.
Cosmos Network's Evmos blockchain averted disaster after a researcher discovered a vulnerability that could halt DApps.
Cosmos Network's Evmos blockchain averted disaster after a researcher discovered a vulnerability that could halt DApps.
CoinGecko published a report analyzing staking yields among the largest PoS blockchain projects. The survey analyzed yields, ratios, and other functionality metrics, and found a wide range of viable strategies.
Cosmos' co-founder and core contributors were previously unaware of the North Korean link, which could lead to the removal of the Liquid Staking Module.
Set to be valued at $321 billion by 2026, the gaming industry continues to innovate at a relentless speed as new technologies enter the mix. While the likes of virtual reality (VR), ever-improving 3D rendering software, and cross-compatible play have taken center stage in recent years, there's one corner of innovation that stands above the rest when immersing players in everything that they do within their favorite gaming ecosystem; blockchain technology.
Bitcoin faces a pullback, but altcoins see gains as macroeconomic factors and U.S. election optimism fuel the crypto market.
Cosmos's native token ATOM has emerged as the top performer in the cryptocurrency market, with its price surging by nearly 10% in the past 24 hours.
The cryptocurrency market is notorious for its wild price swings, and the recent resurgence of the FTX Token (FTT) exemplifies this volatility. After experiencing a remarkable price increase of 16% in just one day, FTT has captured the attention of investors keen to understand its potential trajectory.
Story Highlights The live price of FTX is . FTX price, with a potential surge, could go as high as $1.62 by the end of 2024. FTT price could reach a high of $14 by the end of 2030.
FTX Token (FTT) has seen a 14% price increase in the past 24 hours, making it the top gainer in the market. However, this surge is primarily driven by speculative trading rather than a specific increase in demand for FTT.
FTT may be set for another impressive surge, similar to its performance over the past two months.
The developer of interconnected blockchain network Cosmos (ATOM) is warning that the Liquid Staking Module (LSM) of the Cosmos Hub poses serious security risks.
Cosmos blockchain network, researchers have identified potential vulnerabilities within its liquid staking module (LSM), allegedly linked to code injections by North Korean hackers. This alarming development raises questions about the security and integrity of Cosmos, particularly its capacity to protect user funds.
The FTT token price is back in action with a massive overnight surge amid the crypto market recovery. With rising speculations of the FTX token ready for a price jump to $3, something seems fishy underneath. Amid the hopes of a bullish recovery, a trap set by whales is potentially lurking near $3.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The Cosmos co-founder attributed the oversight to "gross negligence" by validator hosting firm Iqlusion and its leader, Zaki Manian.
Cosmos co-founder Jae Kwon urges for accountability and a comprehensive audit of the LSM after alarming security revelations about North Korean ties.
Cosmos developers are taking action to remove the Liquid Staking Module (LSM) from the Cosmos Hub after revelations linked its creation to North Korean agents. Earlier today, blockchain development company All in Bits (AiB) issued an emergency alert, highlighting significant security vulnerabilities within the LSM.
Concerns over the security of the Cosmos Hub's Liquid Staking Module (LSM) have intensified following revelations that North Korean developers were allegedly involved in its creation.
The Cosmos Hub liquid staking module (LSM) may still contain vulnerabilities, even after an alleged re-write, due to the involvement of North Korean hackers posing as project team members.
Concerns over the security of Cosmos Hub's Liquid Staking Module have intensified following revelations that North Korean agents allegedly played a key role in its development.
Cosmos founder Jae Kwon called for the Cosmos governance community to immediately conduct a comprehensive audit of the LSM.
The cryptocurrency market has witnessed significant fluctuations and developments over the past few weeks, impacting the prices and sentiments surrounding various assets, including Uniswap (UNI) token, XRP, and FTX's FTT token, XRP. FTX's FTT token navigating a caution market sentiment FTX's FTT token is currently priced at $2.02, reflecting a 3.
Here is how some of your favorite assets concluded the week.
Amid increased market volatility, the 10-day dream run of the FTT cryptocurrency comes to a halt. Following the announcement of the repayment plan to its creditors, the FTT price surged over 100% within a short period. However, with the altcoin surpassing its major resistance level, many investors are booking their profits.
The cryptocurrency market is witnessing significant fluctuations, particularly with FTX Token (FTT), which has recently experienced a dramatic price drop. After surging by 92% in just a few days, FTT's value plummeted by 16% within a mere 12 hours.
FTX Token (FTT) has been on the investors' radar due to bankruptcy proceedings between the debacle trading company and the United States regulators. On Monday, 7 October 2024, the US court approved FTX's repayment plan, with former customers expecting a refund of 119% of their investments before the insolvency filing.
The native token of bankrupt crypto exchange FTX continues to decline. Even though it is still in an upward trend, things are not good for people invested in FTT token. The price started to decline on October 7 from a price point of $3.060.
FTX Token (FTT) price has faced a sharp downturn, losing 16% of its value in just 12 hours. This comes after a 92% rally over the past few days, fueled by optimism surrounding FTX's asset compensation plan.
FTX's court-approved repayment plan may restore some trust in crypto markets, but highlights the risks of centralized exchanges. The post FTT jumps 50% after FTX gets court approval to repay customers in full appeared first on Crypto Briefing.