Liquid Staking Leader Lido Upgrades to Second Version on Ethereum
[May 15, 2023 3:57 PM] Lido users can now unstake their stETH and receive ETh at a 1:1 ratio.
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U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network
[May 15, 2023 1:14 PM] Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S…
Price analysis 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
[May 15, 2023 12:11 PM] The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term.
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, Climbing Back Above $27,000
[May 15, 2023 6:35 AM] Bitcoin was back in the green on Monday, as prices climbed back above the $27,000 level to start the week. Prices slipped to a two-month low over the weekend, however momentum has marginally shifted. Ethereum was also higher today. Bitcoin Bitcoin…
Sink or swim at $27K? 5 things to know in Bitcoin this week
[May 15, 2023 4:05 AM] Bitcoin bulls and bears battle for control of a key area on the BTC chart, with network fundamentals due new all-time highs.
NFT Sales Surge 31% This Week as Bitcoin NFTs Secure Second Place in Blockchain Sales
[May 14, 2023 2:30 PM] Non-fungible token (NFT) sales witnessed a minor rise last week, registering a humble increase of around 1.46% compared to the preceding week. The cumulative value of NFT sales amounted to $149.31 million from April 29 to May 6, 2023. Nevertheless…
Ethereum Developers Resolve Beacon Chain Finality Issues
[May 14, 2023 8:50 AM] Ethereum developers have taken measures to address the finality issues that occurred on the Beacon chain in the past week. On May 11 and May 12, the Beacon chain, the consensus layer of the Ethereum network, was unable to reach finality on two…
Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network
[May 13, 2023 2:00 PM] On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However…
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, as Bulls Enter the Market
PayPal Plunging Despite Increasing Crypto Holdings
[May 13, 2023 5:40 AM] PayPal share prices are plunging and currently down 80% from 2021 peaks; the largest draw down ever, market data on May 12 shows. PYPL closed the week at $61.69, down 3% from Thursday, March 11. PayPal Shares Crumbling Analysts observe that the…
Crypto VCs Dabble In $2.6 Billion Worth Of Deals In Q1 2023
[May 13, 2023 3:50 AM] Despite the prevailing bearish trend in the crypto market, venture capital firms consummated several deals worth billions in the first quarter of 2023. Data from PitchBook’s Crypto Report for Q1 2023 disclosed that crypto firms generated $2.6…
Ethereum Poised To Hit 35% Surge In Staking Demand – What It Means For Investors
[May 13, 2023 1:50 AM] In 2022, Ethereum formally adopted Proof of Stake (PoS) as a more secure and energy-efficient method to validate transactions and add new blocks to the blockchain. PoS and other consensus mechanisms are integral to the security of a network. This…
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
[May 12, 2023 9:00 PM] In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket…
Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum
[May 12, 2023 2:32 PM] If the governance vote passes, the latest iteration of Lido will come to the Ethereum blockchain, Lido’s biggest market.
Ethereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours
[May 12, 2023 1:32 PM] Finality refers to the guarantee that a block cannot be altered and removed from the Ethereum blockchain.
Price analysis 5/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
[May 12, 2023 11:04 AM] Bitcoin and most major altcoins are slumping, but the charts suggest that a recovery could be around the corner.
Temporary Transaction Finality Glitch Disrupts Ethereum Network for 25 Minutes, Developers Investigate the Cause
[May 12, 2023 8:00 AM] Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for roughly 25 minutes. Currently, developers do not know what caused the issue and the blockchain is…
Key Support Levels To Monitor As Ethereum Price Slows Down
[May 12, 2023 7:48 AM] The Ethereum price consolidation weakened as the bulls lost momentum, resulting in a nearly 4% loss in the last 24 hours and a 7% decline on the weekly chart. The technical analysis indicates considerable bearish pressure. The coin’s value…
Bitcoin, Ethereum Technical Analysis: BTC Plunges Under $27,000, Hitting 7-Week Low
Total Liquidation Surpasses $140 Million As Bitcoin (BTC) Continues Downtrend
[May 12, 2023 6:40 AM] The crypto market experienced a significant downturn over the past 24 hours, leading to a total liquidation of over $140 million as Bitcoin (BTC) continues its downtrend. According to data from Coinglass, a record of approximately 57,585 traders…
Ethereum Loses Grip On $1,800: Will The Bulls Barge In To Save The Day?
[May 12, 2023 3:40 AM] Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has been experiencing a period of volatility in recent days. After hitting the $2,000 mark last month, the price of Ethereum has dropped sharply, falling…
Ethereum Bears Hesitate But Further Downsides Seem Likely
[May 12, 2023 2:34 AM] Ethereum price is moving lower below the $1,800 support against the US Dollar. ETH could accelerate lower toward the $1,650 support in the near term. Ethereum is currently moving lower from the $1,850 resistance zone. The price is trading below…
Big breath as Beacon Chain stops finalizing... and then recovers
[May 11, 2023 6:06 PM] The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes.
Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes
[May 11, 2023 3:42 PM] Developers resolved the finalization issues and are investigating what caused the outage.
Meet ‘Dencun.’ Ethereum Developers Are Already Planning Next Hard Fork
[May 11, 2023 11:59 AM] The next major upgrade for the blockchain will include “proto-danksharding,” though developers are still deciding what else to include in the hard fork.
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data
[May 11, 2023 6:41 AM] Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less than the 5% sum many had expected. Bitcoin was also lower on the…
Ethereum Price See “Liftoff” if It’s Able to Hold One Crucial Level
[May 10, 2023 10:18 PM] Ethereum price is struggling to clear the $1,850 and $1,880 resistance levels against the US Dollar. ETH could start a decent increase unless there is a close below $1,800. Ethereum is currently moving lower from the $1,880 resistance zone. The…
Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen
[May 10, 2023 3:09 PM] The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals.
Price analysis 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
[May 10, 2023 9:49 AM] Bitcoin and select cryptocurrencies are trying to start a rebound following the CPI data release but bulls may find it difficult to continue the recovery at higher levels.
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report
[May 10, 2023 6:30 AM] Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain at 5%, which could be seen as justifying the Federal…