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Day: May 9, 2022

cryptocurrency May 9, 2022

Bitcoin and Ethereum miners, both have made a significant chuck in revenues over the years as demand skyrocketed. However, 2022 might come as a surprise especially for the largest cryptocurrency. January proved to be a tough month for Bitcoin miners. Miners generated approximately $1.2 billion in revenue during the first month of 2022. Advertisements While […]

cryptocurrency May 9, 2022

Advertisements Quick take: Compound Finance’s Treasury has received a B- credit rating from S&P Global Ratings This makes Compound Finance the first institutional DeFi offering to be rated by such a credit agency Traditional institutions have begun to weigh the significance of DeFi services Regulatory clarity could increase Compound Finance’s ratings and see more DeFi […]

cryptocurrency May 9, 2022

Ethereum started a major decline from the $2,700 zone against the US Dollar. ETH dived below $2,550 and might accelerate lower below the $2,420 support. Advertisements Ethereum started a major decline after it failed to surpass $2,700. The price is now trading below $2,550 and the 100 hourly simple moving average. There is a key […]

cryptocurrency May 9, 2022

Just a day after crashing 7% along with other major cryptocurrencies, Ethereum is back again in the news. There is growing uncertainty over its short-term prediction with different data sets suggesting more confusion for investors. Advertisements Glassnode posted two metrics on its Twitter feed suggesting oncoming turbulence for Ethereum. The delay of ‘Merge’ has led […]