Source: Immunefi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news Major bug bounty and security services platform Immunefi found that $1,753,707,812 was lost to hacks and rug pulls in 2023 from January to November across 296 specific incidents. Per The post Today in Crypto: $343,038,810 was Lost to Hacks and Fraud in November, a 15x Increase from October appeared first on Cryptonews .
The post Fantom Price Prediction 2023, 2024, 2025: Will FTM Price Surge To $0.5? appeared first on Coinpedia Fintech News Story Highlights The live value of Fantom is . FTM price could reach a high of $0.402 by the end of 2023. With a potential surge, the Fantom price may reach a maximum of $1.922 by 2030. The crypto-verse has been generous enough to aspiring and innovative projects. That brings drastic changes to the ecosystem …
Fantom's closed testnet crossed 4 million accounts. Regardless, metrics and market indicators remained bearish on FTM. Fantom’s [FTM] closed testnet has come a long way since its launc The post FTM drops 6% in 7 days: Will Fantom's achievements save it? appeared first on AMBCrypto.
The post Best Cryptos To Buy Before Bitcoin Halving: Shiba Inu, Bitcoin Spark and Fantom appeared first on Coinpedia Fintech News The bear market has been brutal to crypto investors by draining over 70% of top cryptocurrency valuations. However, investors are counting on the highly anticipated Bitcoin halving event to propel the prices further than the previous bull market. The halving process is a few months away and historically happens before bull markets begin. The current …
A recent analysis by a Crypto Banter pinpointed new notable price levels for prominent altcoins such as XRP, Solana (SOL), Chainlink (LINK), Fantom (FTM), and Polygon (MATIC). These insights provide a fresh perspective on potential entry points for bullish positions in the current market. Related Reading: Whale Alert: Big Players Scoop Up These 4 Altcoins, On-Chain Data Indicates Altcoins At Crossroads: Key Price Levels To Watch In this analysis, Crypto Banter singles out Solana (SOL) and notes that $48 is an “intriguing” level to watch for any pullback. Additionally, historical data consolidating around this price point on the SOL/USD weekly chart indicates it could be an “optimal” buying zone should prices drop to this mark. In the case of Chainlink (LINK), Crypto Banter identifies $13.3 down to $12.2 as a “hot zone.” A drop below this range might shift focus to the $9 level as a critical reversal point. Polygon (MATIC) also comes under scrutiny, with the analyst observing a break in the 200-day moving average on its weekly chart timeframe. According to the host, this development suggests a potential bounce back at the $0.68 zone, possibly preluding a rally. For clarity, “moving average,” or MA, is a widely used indicator in technical analysis that helps unravel price data by creating a constantly updated average price. This average is typically calculated over a specific period, like 10 days, 20 minutes, 30 weeks; in the case of the Crypto Banter analysis, they based their analysis on the 200-day MA. Fantom’s Surge And XRP’s Pivotal Turnaround On the other hand, Fantom (FTM), Crypto Banter, revealed that the altcoin has shown a significant pump of over 50% since late October. Yet, the analyst suggests a possible retraction towards the 200-day moving average, making the $0.25 region attractive, particularly for those employing a dollar-cost averaging (DCA) strategy. XRP is not left out of this analytical purview. The host points out that XRP is nearing a critical juncture from a technical standpoint. The analyst reveals that the 12-hour chart for XRP shows a recent rebound off the 50-day MA. A turnaround around the $0.54 price region could occur if the ongoing pattern along the downward trendline persists. The analyst further disclosed that this level gains importance due to the convergence of key moving averages that form a support zone around it. Related Reading: 3 Altcoins Set To Skyrocket In Next Crypto Bull Run, According To Analyst Interestingly, among the altcoins highlighted by Crypto Banter as primed for a breakout, SOL and FTM stand out with significant gains. Over the past two weeks, Solana has seen a 13.8% increase, while FTM has climbed by 8.3%. Contrastingly, XRP, LINK, and MATIC have experienced declines during the same period. XRP’s price fell by 5.5%, LINK by 5.6%, and MATIC by 6.6%, signaling a diverse performance landscape among these notable altcoins. Featured image from iStock, Chart from TradingView
Daily transactions count on Fantom recently climbed to a record high. However, demand for FTM continues to plummet. The Fantom network [FTM] experienced a surge in activity on the 22nd of The post How FRC-20 propelled Fantom transactions to a record high appeared first on AMBCrypto.
Fantiom reached 2.945 million transactions, bringing gas fees to unprecedented highs. Fantom recently introduced the gas-heavy FRC-20 Protocol. Gwei values soar, yet actual costs remain low. Most recently, Fantom has The post Fantom Gas Fees Are Surging, What’s Driving The Traffic? appeared first on BitcoinWorld .