[Feb 26, 2023 11:57 PM] Ethereum price is slowly moving higher above the $1,620 resistance zone against the US Dollar. ETH must surpass $1,650 and $1,670 to continue higher in the near term. Ethereum is recovering higher from the $1,565 support zone. The price is trading…
[Feb 26, 2023 11:30 AM] On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid…
[Feb 25, 2023 3:00 PM] The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as…
[Feb 25, 2023 11:00 AM] The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has…
[Feb 24, 2023 2:00 PM] Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days…
[Feb 24, 2023 12:11 PM] Strong inflation data has pulled Bitcoin and select altcoins below their immediate support levels, signaling a few days of corrective action.
[Feb 24, 2023 9:30 AM] Customizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized…
[Feb 24, 2023 7:30 AM] Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the upcoming consumer sentiment figures from the United States. The report from the University of Michigan is expected to show an increase in confidence, despite…
[Feb 23, 2023 11:01 PM] Ethereum price is struggling to clear the $1,670 resistance zone against the US Dollar. ETH must surpass $1,660 and $1,670 to continue higher in the near term. Ethereum is attempting an upside break above the $1,660 resistance. The price is trading…
[Feb 23, 2023 8:30 PM] The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2…
[Feb 23, 2023 2:30 PM] Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines…
[Feb 23, 2023 12:30 PM] Earlier today, digital asset exchange Coinbase announced the launch of its Ethereum L2 (Layer 2) network called ‘Base’ on the Optimism OP stack. This latest news has sent the Optimism network native token OP up nearly 18% in the last 24 hours. …
[Feb 23, 2023 10:30 AM] According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to…
[Feb 23, 2023 7:30 AM] Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further signs that inflation is…
[Feb 22, 2023 10:59 PM] Ethereum price started a fresh increase from $1,600 against the US Dollar. ETH is rising, but it must clear $1,720 to start a fresh rally in the near term. Ethereum is now rising from the key $1,600 support zone. The price is trading just above…
[Feb 22, 2023 1:18 PM] BTC and altcoins are pulling back sharply, but is today’s correction a simple lower support retest, or a sign of worse things to come?
[Feb 22, 2023 11:30 AM] According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority…
[Feb 22, 2023 8:30 AM] Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made…
[Feb 22, 2023 7:30 AM] Bitcoin extended recent declines on Feb. 22, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Following a recent move to a multi-month high, prices have slipped, with traders instead protecting…
[Feb 21, 2023 11:00 PM] Ethereum price failed to clear the $1,720 resistance against the US Dollar. ETH corrected lower and remains at a risk of more losses below $1,620. Ethereum is now showing a few bearish signs below $1,720 and $1,740. The price is trading below…
[Feb 21, 2023 7:30 AM] Bitcoin retreated from earlier highs during Tuesday’s session, as sentiment shifted following a move to a multi-month high. Prices surged to their highest point since last August earlier in the day, prior to a red wave sweeping through the…
[Feb 20, 2023 10:56 PM] Ethereum price is still struggling to clear the $1,720 resistance against the US Dollar. ETH could surge if there is a close above $1,720 and $1,740. Ethereum is still facing a major hurdle near $1,720 and $1,740. The price is trading above $1,660…
[Feb 20, 2023 9:30 PM] The former hedge fund manager suggested that top-tier NFTs essentially serve as status symbols, and should see significant upside during crypto boom cycles.
[Feb 20, 2023 1:00 PM] After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have…
[Feb 20, 2023 12:30 PM] Bitcoin’s tight consolidation near $25,000 suggests that bulls are holding on to their positions in anticipation of a breakout to a new 2023 high.
[Feb 20, 2023 10:20 AM] 2022 saw the launch of over one million new tokens. However, a study by blockchain analytics firm Chainalysis revealed that many of the new crypto tokens looked like pump-and-dump schemes. In the new study, Chainalysis evaluated numerous new tokens…
[Feb 20, 2023 8:30 AM] With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched…
[Feb 20, 2023 7:30 AM] Bitcoin was hovering close to $25,000 on Feb. 20, as cryptocurrency markets traded close to recent highs. Markets started the week partially in the green, ahead of a key week of economic data. The United States FOMC (Federal Open Market Committee)…
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