2018-6-11 20:25 |
All of the top ten coins by market cap are in the red today, showing losses of between 1 and 4 percent over the 24 hour period to press time
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Hacker Protocol drained 1,337 ETH via compromised Unleash multisig governance. The stolen funds have been sent through Tornado Cash to obscure transaction trails. The breach is limited to Unleash, and Story Protocol infrastructure is unaffected.
BitMine’s ETH accumulation and staking tighten supply, boosting price potential. The immediate resistance at $3,000 and the key support near $2,700 guide the short-term forecast. Upgrades like Fusaka and strong fundamentals may drive ETH toward $5,000.
Citi forecasts Bitcoin at $143K and Ethereum at $4,304 in 12 months. Regulatory clarity and adoption drive institutional interest in crypto. Short-term risks, including bearish patterns, options expiry, and ETF outflows, still linger.
The Hegota update will follow Glamsterdam in the Ethereum upgrade cycle. Hegota will merge execution and consensus upgrades to boost efficiency and scalability. Verkle Trees and state improvements aim to make Ethereum lighter for node operators.
Over $4. 3 billion in Bitcoin and Ethereum options will expire today, December 12. BTC trades above $92,300, with a maximum pain level at around $90,000. Data shows balanced calls and puts, signaling a cautious stance among traders.
Ethereum price struggles below $3,000 with buyers defending $2,750–$2,800 support. Open interest rises as leveraged longs increase, raising volatility risk. Fusako upgrade sparks interest, but market remains cautious amid outflows.
The infection includes at least 10 major crypto packages linked to the ENS ecosystem. A previous NPM attack in early September resulted in 50 million dollars in stolen crypto. Researchers found more than 25,000 affected repositories during the investigation.