Cryptocurrency prices nosedived overnight on the back of increased regulatory scrutiny. Coinbase and Silvergate extended losses in the early session. Bitcoin was trading at $21,770, down 4.2% o...
Tag: Ethereum
Ethereum NFT Market Cap Dropped by 60% Over The Last Year
On February 9th, DappRadar published a report showing that the Ethereum NFT market cap value fell by 59.60% from $9.3 billion in 2022 to around $3.7 billion in early 2023. DappRadar’s study is based o...
Ethereum Shanghai Upgrade – Web3’s next portrayal?
Ethereum is about to release its Shanghai Upgrade, and it can modify the Web3 industry. The latest update will allow ETH stakers to withdraw cryptocurrencies locked in the ETH smart contract. Currentl...
Aave Launches GHO Stablecoin on Ethereum Goerli Testnet
9 hours ago | 2 mins read Altcoin News The system mandates that borrowers put up greater assets than the loan’s face value. The GHO source has been released on Github for developers to review and test...
Ethereum NFT market cap shrank 59.6% in 2022; NFT trading volume jumps 38% in January
Ad The total market cap of the NFT collections deployed on Ethereum (ETH) recorded a 59.6% drop in 2022, according to a DappRadar report. The aggregate market cap of the ETH-based NFT projects started...
Rocket Pool Hits $1B TVL on Ethereum Liquid Staking Market
Rocket Pool’s TVL doubled in the last two months to reach $1 billion. Over 64% of Rocket Pool’s TVL is in Ether, with the rest in RPL. Rocket Pool now ranks third behind Lido and Coinbase on Ethereum ...
Ethereum on verge of FUD? Coinbase CEO tweet ruffles feathers
Coinbase CEO’s tweet sparked speculation on SEC’s new crypto rulings. New regulations could impact the crypto industry and lead to problems. The crypto world has been buzzing for the last 24 hours, th...
Is an Explosion of Ethereum on the Horizon? ETH Turns Deflationary Amid Rising Gas Fees ⋆ ZyCrypto
Advertisement     Ethereum price has recovered by double digits in a week. On-chain data shows the blockchain has once again become deflationary. Experts believe the f...
Ethereum Instead of Bitcoin, says Marc Andreessen
Marc Andreessen – founding partner of the tech-focused VC giant Andreessen Horowitz (a16z) – is now more bullish on Ethereum and Web 3 than he is on Bitcoin, contrary to his outlook in 2014. During an...
Bitcoin Price Dollars Away From First Ever Weekly ‘Death Cross’
Bitcoin (BTC) is painfully close to recording an ominous first in its 14-year history: its premiere “death cross” on the weekly price chart. Two major moving averages (MA) are about to converge: its 2...
More than 100,000 ETH has gone through MEV-Boost since The Merge
The amount of ETH distributed via the maximal extracted value (MEV) tool from Flashbots, MEV-Boost, recently surpassed 100,000 ETH ($162 million) since the Ethereum Merge last September, according to ...
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits – Altcoins Bitcoin News
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on ...
Ethereum Staking is Problematic, Says Cardano Founder C.Hoskinson
Most crypto projects that are based on Ethereum (ETH) utilize the Proof-of-Stake (PoS) consensus mechanism for securing their blockchains and incentivizing network participants. However, each blockcha...
Ready to GHO? Aave Launches Native Stablecoin on Ethereum Testnet
Aave Companies, the firm behind the eponymously-named lending and borrowing protocol, are launching its native stablecoin GHO on the Ethereum Goerli testnet. Pronounced “GO,” the stablecoin is fully d...
Aave reaps benefits from Ethereum, but for how long will this last?
Aave V3 revenue was boosted by Ethereum network’s contribution. Interestingly, Aave’s migration tool and upcoming stablecoin launch show potential for growth. Aave recently launched its v3 on the Ethe...
Will Cardano Benefit if Ethereum Staking is Banned Ahead of the Shanghai Hard Fork?
Crypto staking or committing your assets to support a blockchain network and confirm transactions has been practised by many platforms with multiple chains. In fact, Ethereum 2.0 was triggered by stak...
liquidity staking platforms lead the surge in Ethereum
The liquid staking industry has been thriving on the Ethereum (ETH) network of late since the introduction of the Beacon chain. Liquid staking is an automated process that allows users to stake their ...
Kraken Stops Ethereum Staking, Fined $30 Million – Trustnodes
Kraken, one of the biggest crypto exchange has been forced to stop providing staking services by the Securities and Exchanges Commission (SEC). “Whether it’s through staking-as-a-service, lending, or ...
ADA Founder Calls Ethereum Staking Problematic
Cardano News: Coinbase CEO, Brian Armstrong’s recent comment over banning crypto staking has taken the digital asset market by storm. The recovering crypto market went on to register a sharp decline. ...
DAM Finance’s Global Liquidity Infrastructure Live on Ethereum and Polkadot Mainnet
Miami, Florida, 9th February, 2023, Chainwire Users can leverage the decentralized liquidity layer to teleport DAM’s omnichain stablecoin d2o from Ethereum to Moonbeam on Polkadot. Today, DAM Finance...
Discounts, premiums narrow for Ethereum liquid staking derivatives ahead of Shanghai
Discounts and premiums on Ethereum liquid staking derivative (LSD) tokens have fallen ahead of the upcoming Shanghai-Capella upgrades. The top five biggest LSDs have narrowed toward their notion...
Cardano founder Charles Hoskinson calls Ethereum staking problematic
Cardano (ADA) founder Charles Hoskinson tweeted on Feb. 9 that Ethereum’s (ETH) staking is problematic. According to Hoskinson, Ethereum’s staking looks “a lot like regulated product...
Soaring Ethereum Altcoin Could Explode Another 111%, According to Top Crypto Analyst
A popular crypto trader is forecasting a massive jump for an already surging Ethereum (ETH) altcoin. Anonymous crypto analyst Credible tells his 337,700 Twitter followers that OriginTrail (TRAC) coul...
Ethereum Price Analysis & Prediction (Feb 8th) – ETH Struggles Under $17k But Sustaining Momentum For Potential Increase
Ethereum continued to remain upward despite rejecting a key monthly resistance. The price has failed to drop and now appears to be gearing up for another increase. After surging through many resistanc...
Ethereum: Derivatives see 2-year high – where does this put ETH?
Ethereum Open Interest in Perpetual Futures Contracts crossed one billion. Its price has tried to maintain the $1,500 region as support. Bulls have been working hard to keep Ethereum [ETH] around the ...
Lido Moves Ahead With V2 Upgrade as Shanghai Edges Closer
Ethereum liquid staking solution Lido revealed its latest upgrade, V2, which will focus on a new staking router that will allow anyone to develop on-ramps for new node operators. Staked ether holders ...
ConsenSys founder ‘bullish’ on Ethereum following crypto winter performance
With Ethereum showing resilience through the latest cryptocurrency winter, ConsenSys founder Joe Lubin says he’s ‘bullish’ over Ether’s (ETH) relative stability through compounding macro events. Coin...
MicroStrategy’s Bitcoin Maximalism Wavers, Shift To Ethereum?
One of the leading Bitcoin network supporters Michael Saylor, the executive chairman and a co-founder of MicroStrategy, could be losing steam as a maxi. According to a recently revealed audio clip by...
Chorus One Releasing Prototype To Capture MEV on Solana
Blockchain infrastructure company Chorus One has released a white paper and an open-source prototype that can enable validators to capture maximum extractable value (MEV) on the Solana network. Althou...
Ethereum gas price spikes 29% in January as user activity grows: Report
Stepping into 2023, the cryptocurrency market seemingly shrugged off the year-long bearish sentiment from 2022. As investors took notice, the long-awaited price corrections had a significant reaction,...
Ethereum Upgrade Expectations Fuel Liquid Staking Token Growth
Governance tokens of liquid staking derivatives continue to outpace other digital assets as anticipation for Ethereum’s upcoming Shanghai upgrade grows. Shanghai, expected to launch sometime next mont...