Ethereum, a decentralized open-source blockchain platform, has been making waves in the cryptocurrency world since its launch in 2015. Its native token, Ether (ETH), is currently the second-largest cryptocurrency by market capitalization. It has gained widespread adoption and support from…
The market leader, Bitcoin, had successfully achieved a new ATH with a high of just over $70,000. However, the rally was short-lived as thAe market experienced significant short-selling in their respective portfolios. Positively, the elite coins have successfully regained momentum…
The Securities and Exchange Commission (SEC) has issued a stay of proceedings on the Invesco Galaxy Ethereum ETF decision, as is usually expected by market analysts during a storm of regulatory anticipation. Such delays, according to Bloomberg analyst James Seyffart,…
According to blockchain analyst firm Santiment, Ethereum has experienced a significant surge in price dominance against Bitcoin, marking a remarkable +22.4% increase over the past week. This bullish momentum has been accompanied by a rise in the creation of new ETH…
Optimism allocated a massive amount of tokens for incentivizing growth in the community. Despite positive developments, OP faced challenges with declining price and increasing short positions. In a recent move showcasing commitment to community support, Optimism [OP] distributed 30 million…
In a recent development, Ethereum has taken the lead over Bitcoin regarding long-term holder commitment, marking only the second occurrence in a significant shift within the cryptocurrency sphere. In a recent X post, market intelligence platform IntoTheBlock disclosed that the…
Ever since Solana’s price has risen above the narrow consolidation, the markets have witnessed a steep shift from the top crypto, Bitcoin. The BTC price has been trading below $44,000 for over a week now, as the bulls appear to…
Only 11.81% of Ethereum’s total supply remains on centralized exchanges, marking a significant shift towards DeFi investments. Ethereum’s shift from centralized to decentralized exchanges signals a maturing market. A 29.68% drop in Ethereum holdings on CEXs enhances DeFi’s profile. Uniswap…
The Ethereum price has been among the worst hit in the flash crash that took place on Monday. The crash sent the asset’s price down below $2,200 for the first time in the last week and has continued to trend…
The concentration of mempool transactions on Ethereum increased. ETH’s prices continued to surge as whales showed interest. In the ever-evolving landscape of Ethereum transactions, a notable shift has emerged, with approximately 15% of transactions now traversing through private mempools. Interest…