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Year: 2022

cryptocurrency July 1, 2022

Ethereum (ETH) traded in tandem with risky assets on the final session of the first half of the year, due to persisting fears of greater inflation and rising interest rates. Some analysts say this might set the stage to more decreases heading into the third quarter. Advertisements Following a four-day losing skid, ETH’s price fell […]

cryptocurrency July 1, 2022

Advertisements After launching the TON DNS, the TON Foundation will conduct an auction of the first “.ton” domain names on July 30. The Open Network (TON) Foundation is the latest cryptocurrency company to upgrade its ecosystem with Ethereum Name Service (ENS)-like domain names. The TON Foundation on Thursday announced the launch of TON DNS, a […]

cryptocurrency July 1, 2022

Advertisements A Chainalysis report analyzes the layer-1 blockchain ecosystem, questioning if alternative L1s will continue to challenge Ethereum this crypto winter. Given Ethereum’s dominance coupled with the current crypto bear market, it remains questionable if L1s will flourish. This was recently highlighted in a Chainalsys blog post entitled “New layer 1 blockchains are expanding the […]

cryptocurrency July 1, 2022

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Advertisements At the start of June, Ethereum [ETH] was trading at $1,980. The $1,750-$1,950 range was a long-term support zone for Ethereum. It was speculated that ETH might halt its nosedive in […]

cryptocurrency July 1, 2022

Advertisements The difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind. The difficulty bomb-delaying Gray Glacier hard fork went live on Ethereum on Thursday without a hitch according to the network’s core devs including Ethereum Foundation’s Tim Beiko. The Sepolia testnet is also set to run through […]

cryptocurrency June 30, 2022

Ethereum [ETH], the king of altcoins has failed to register any significant improvement in the month of June. It is still stuck with the bears at the $1k level. Notably, this level was previously visited by the coin at a time when the market crash wiped out 46.4% of the ETH’s value. But with Q3 […]

cryptocurrency June 30, 2022

Advertisements The latest ETH plunge has triggered a bearish continuation setup, with an interim downside target 20% below the current prices. Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in […]

cryptocurrency June 29, 2022

Ethereum has returned to the red as it was rejected as a major area of resistance. The cryptocurrency is bleeding out and records the second-worst performance in the crypto top 10 by market capitalization with a 10% loss in the last 24 hours. Solana (SOL) holds the number one position with a 13% loss. Advertisements […]