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Month: June 2022

cryptocurrency June 23, 2022

Ethereum [ETH] is taking a bit of a breather after the cryptocurrency market’s extended downward spiral. The altcoin king dropped below $1,000 for the first time since January 2021 between 18 June and 19 June. Advertisements Although ETH has recovered slightly above the $1,000 price level, concerns that the bears might continue their assault still […]

cryptocurrency June 22, 2022

Advertisements Summary: Ethereum core developers have confirmed that only Goerli and Sepolia Testnets will be maintained after the Merge. The Kiln, Rinkeby, and Ropsten testnets will slowly be retired. Ethereum developers are urged to shift to Goerli and Sepolia. The Goerli testnet’s state is the closest to the Ethereum mainnet. Sepolia is relatively new with […]

cryptocurrency June 22, 2022

Ethereum, the second-largest cryptocurrency by market capitalization, is currently in freefall. Over $124 billion in capital vanished from the Ethereum (ETH) decentralized finance (DeFi) in six weeks. Advertisements Seven months ago, ETH reached its highest value ever at $4,891.70 on November 16, 2021. But it is now trading at around $1,100, which is less than […]

cryptocurrency June 22, 2022

Ethereum hasn’t had a chance to recover ever since it began declining in November 2021. However, its investors haven’t lost the hope of witnessing a rally. Advertisements Notably, a possible recovery might not bring enough improvement for the king altcoin, given its investors’ recent actions. Ethereum back to $2k? Trading at $1155, Ethereum’s 13.15% rise […]

cryptocurrency June 21, 2022

Advertisements Summary: Ethereum’s Vitalik Buterin has criticized Bitcoin’s stock-to-flow model by PlanB. Vitalik explains that the stock-to-flow model is not looking good, and financial models that give people false hope deserve all the mockery they get. Mr. Buterin also asked the crypto community to remember all who supported the Bitcoins stock-to-flow model and those who […]

cryptocurrency June 21, 2022

Key Takeaways Compound and Aave have surged by over 70% since Jun. 18. Synthetix also went parabolic at the start of the week as its trading volumes have exploded. COMP can hit $63 and AAVE $94 if the buy orders continue piling up.  Share this article URL Copied Advertisements Compound and Aave have nearly doubled […]

cryptocurrency June 21, 2022

Shiba Inu is currently the second-largest crypto asset held among the top 100 Ethereum whales behind USDC, according to statistics from WhaleStats, although Ethereum (ETH) maintains the top rank. Advertisements The most recent data from WhaleStats reveals the investment patterns of the top 100 non-exchange Ethereum addresses by wealth. The top 100 whales are essentially […]

cryptocurrency June 21, 2022

Ethereum [ETH], the world’s largest altcoin, has suffered extensively in June. ETH fell below $1,000 for the first time in more than a year as the broader crypto-market continues to slide south with no quick remedy in sight. That being said, ETH might have one — thanks to the ‘much anticipated,’ but delayed, Merge. Advertisements […]

cryptocurrency June 21, 2022

Advertisements The Sepolia testnet is the next in line after Ropsten to undergo a merge trial run since its Beacon Chain is now live and ready to give developers valuable information leading up to the real thing. The Sepolia testnet Beacon Chain has gone live, setting the stage for its merge dress rehearsal to give […]