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Day: December 5, 2022

cryptocurrency December 5, 2022

Ethereum witnessed a decline in NFT transactions, but blue-chip collections did well Ethereum observed support from retail and large investors NFT transactions on Ethereum have declined significantly, from 22% NFT dominance to 8.3% according to crypto analytics firm Glassnode. On the other hand, stablecoin transactions grew and took up the space originally conquered by NFTs. This […]

cryptocurrency December 5, 2022

Advertisements Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy. In a blog post dated Dec. 5, Ethereum (ETH) co-founder Vitalik Buterin wrote that money, blockchain identities, decentralized finance (DeFi), decentralized autonomous organizations (DAOs), and hybrid applications were the top developments he was excited about in the Ethereum ecosystem. […]

cryptocurrency December 5, 2022

Ethereum gained pace and retested the $1,300 resistance zone against the US Dollar. ETH is eyeing more gains towards the $1,330 and $1,350 levels. Advertisements Ethereum remained well bid above the $1,240 level and resumed its increase. The price is now trading above $1,250 and the 100 hourly simple moving average. There was a break […]

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