Ethereum

Grayscale’s legal win over SEC led to Uniswap surge with increased Ethereum buying after the news spread. According to reports from LookOnChain, when the price of ETH increased by 4%, one whale purchased 8,000 ETH in a single transaction, paying them 13.6 million USDC. The price of $ETH jumped ~4%. And a whale spent 13.66M […]

Data from CompaniesMarketCap shows that 16 publicly traded Bitcoin mining firms have experienced a loss of over $4.47 billion in the last 12 months (TTM). The Bitcoin mining industry faces many hurdles as BTC continues to experience a bear market. The leading cryptocurrency has seen its value fall from a one-time high of $69,000 to […]

In a recent tweet, blockchain analytics firm IntoTheBlock revealed that Ethereum (ETH) experienced a notable decline in its total daily fees, reaching a 6-month low on a Sunday. The data showed that the total daily fees amounted to 1.72k ETH, sparking discussions about potential implications for the current market landscape and investor sentiment.  Total daily fees on […]

Cryptocurrency exchange Bitstamp has announced the discontinuation of Ether (ETH) staking services for customers in the United States. The decision will take effect on September 25. Update for our US users 📢 Starting August 29: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open […]

Ethere­um, the cryptocurrency ranked se­cond by market capitalization, faces the risk of furthe­r value decline as a te­chnical indicator indicates a bearish trend. Chart analysis reveals that Ethereum has forme­d a head-and-shoulders pattern, which suggests a potential 30% price drop. A head-and-shoulde­rs pattern is typically observed after an upward trend and consists of three pe­aks: […]

Crypto analyst and trader Ali Martinez, who often shares his crypto charts and predictions on Twitter (now the X app), expects the second-largest cryptocurrency, Ethereum, to face a severe price correction. Currently, the value of Ethereum is declining, which is affected by the significant decrease in the price of the popular cryptocurrency Bitcoin. Ali Martinez […]

Blockchain investigators have­ recently brought attention to the­ transfer of $1 million worth of Ethereum from a wallet that is manage­d by Vitalik Buterin, who is famously known as the co-founder of Ethe­reum. This transaction has occurred during a time whe­n the cryptocurrency market se­es a subdued state following significant losse­s over the wee­kend. #PeckShieldAlert […]

Bitcoin miners are moving to other business ventures, including offering high-performance computing (HPC) services to the fast-growing artificial intelligence industry, according to a JPMorgan research report. The report attributes the move to crypto miners’ desire to reduce their reliance on crypto, enter new business sectors, and access new revenue streams. Nikolaos Panigirtzoglou, an analyst at […]

A prominent contributor and lead developer of Dogecoin (DOGE), Mishaboar, has openly hinted that he may step down from the project if a transition to a proof-of-stake (PoS) consensus is pursued. He raised many concerns regarding the PoS mechanism, saying it possesses inherent flaws that could conflict with Dogecoin’s fundamental principles. The chief developer made […]