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Month: July 2022

cryptocurrency July 13, 2022

Despite the ongoing crypto carnage, investment products have witnessed some recovery across several countries. Speaking in particular, Ethereum [ETH] assets are showing growth across major indices in the past week. These signs are indicating a growing investors’ confidence in Ethereum with the Merge on the horizon. Advertisements Back on track Institutional investors are eyeing a […]

cryptocurrency July 13, 2022

Bitcoin and Ethereum have reacted negatively to the Consumer Price Index (CPI) print in the United States. The metric is used to measure inflation in the U.S. dollar and hit 9.1% for June which represents an increase from May’s results. Advertisements Related Reading | Social Dominance Rate Of Bitcoin Marks An All-Time High in 2022 At […]

cryptocurrency July 13, 2022

Advertisements Ethereum funds have been undergoing a modest recovery after witnessing 11 weeks of continuous outflows. Ethereum’s native token, Ether (ETH), is down nearly 40% against Bitcoin (BTC) since December 2021. But, even more pain is possible for the ETH/BTC pair in the coming weeks, based on a classic technical indicator. Ethereum price risks technical […]

cryptocurrency July 12, 2022

Advertisements Summary: BlockFi CEO has requested crypto journalists and market commentators, not to mention the company alongside Voyager Digital and Celsius Network. He states that BlockFi has remained financially functional while Voyager and Celsius have not. BlockFi’s CEO, Zac Prince, has requested crypto journalists and market commentators, not to mention the company alongside Voyager Digital […]

cryptocurrency July 12, 2022

Dealing with the constant selling pressure hasn’t been easy for any altcoin. Well, not even for the king alt Ethereum. ETH has been following the broader market cues. In fact, the past week registered around 10% gains but a weekend sell-off saw ETH’s prices cut by more than 3%. Advertisements A hidden gem? Ethereum is […]

cryptocurrency July 12, 2022

Ethereum has now lost its hold on an important level. This decline follows that of bitcoin which has now fallen below $20,000. However, for Ethereum, the fight continues to hold on to the one point where bulls still see some hope. However, with the way the market is moving, it may not be long before […]

cryptocurrency July 12, 2022

Advertisements Vitalik Buterin described a critic’s notion as an “unmitigated bare-faced lie” while sharing his thoughts on PoS voting. While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others are taking this opportunity to make snarky remarks on Twitter, triggering a rebuttal from Vitalik Buterin, a […]

cryptocurrency July 11, 2022

Advertisements LDO price books a 45%+ monthly gain as the Ethereum network moves closer to completing its proof-of-stake upgrade. The upcoming Ethereum (ETH) Merge is one of the most talked about developments in the cryptocurrency ecosystem as the world’s second-largest cryptocurrency by market cap undergoes the difficult transition from proof-of-work (PoW) to proof-of-stake (PoS).  One […]

cryptocurrency July 11, 2022

In its new report titled “State of Ethereum Report — Q2, 2022,”  Bankless reviewed the performance of the Ethereum Network and its ecosystem in the second quarter of 2022. It touched upon the network’s performance under four broad categories – Protocol, Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), and Layer 2. Advertisements Ahead of the Ethereum […]