Report: Token Listings Have Short Term Positive Influence on Price, M&A Have B...
A study by Etoro and The Tie find listing and partnership announcements as significant developments (Sigdev) that have an immediate, large, and positive influence on token price. This influence, which peaks within the first 24 hours, usually wears off after a week, according to the study report. The Impact of a New Token Listing Yet, on the other hand, funding, as well as Merger and Acquisitions announcements, tend to have positive effects on the token price that extend beyond one week. The study, which lists and ranks a total of 15 Sigdevs, finds token burning and 51% attacks as factors....
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OKCoin's defense system was put the test on July 10 when a distributed denial of service (DDOS) attack prevented some users from accessing its platform from 17:00 to 17:19. Xin Chen, chief financial architect at OKCoin, told CCN the attackers wanted to influence the bitcoin price, which they succeeded in doing for the short term. "There is an impact on the short-term price of bitcoin from the attacks," Xin Chen said. "The attacks were simultaneously carried on OKCoin, Huobi, Bitfinex and perhaps others. It costs resources to carry out a DDOS attack and it is likely in our estimation that....
In the five days after launching on Coinbase, new token listings gain 91% on average. But that doesn’t tell the whole story. Crypto analytics provider Messari has compiled a report concluding that the fabled “Coinbase effect” — the popular belief that new token listings on Coinbase tend to outperform launches on other exchanges — is true.But the effect is far from consistent, and after controlling for outliers, it’s not as great as many assume.Messari analyzed the performance of 28 new Coinbase listings over five days against 22 Binance listings, 19 FTX listings, 19 Gemini listings, 14....
Bitcoin’s market is experiencing a surge in positive sentiment, with enthusiasm from crypto enthusiasts reaching a new height as the largest digital asset undergoes a brief price recovery, raising the possibilities for more price growth in the short and long term. Bitcoin’s Positive Market Sentiment On The Rise In a recent data report from Santiment, […]
Ethereum price gained momentum over the weekend against the US Dollar, and it looks like further upsides are possible in the near term. Key Highlights. Ethereum price traded with a positive tone against the US Dollar and continued to move higher. There is a short-term bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which may continue to act as a support area. On the upside, the pair needs to break the $11.20 level in order to gain further traction. Ethereum Price Trend Line. Ethereum price ETH moved further higher against the US Dollar during the past few....
Ethereum price managed to move higher against the USD and BTC. Can this move in ETH/USD be considered as a positive sign in the short term? Key Highlights. ETH price after a long struggle finally managed to trade a few points higher against the US Dollar and Bitcoin. This week’s highlighted bearish trend lines on the hourly chart (data feed via SimpleFX) of ETH/USD were broken to clear the upside move. The price traded near $8.50 where it found sellers and currently correcting lower. Ethereum Price Short-term Break. ETH price after a continuous decline against the US Dollar managed to gain....