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Month: January 2023

cryptocurrency January 17, 2023

Advertisements According to the developers, the soulbound credit score system uses over 10,000 data points to determine a Web3 user’s creditworthiness. Masa Finance has launched the first soulbound identity protocol for the Ethereum mainnet, according to a Jan. 17 press release shared with Cointelegraph. The protocol will allow for standardized soulbound tokens to be minted […]

cryptocurrency January 17, 2023

Advertisements Summary: Validators on the network increased from 428,000 around September 15 when Ethereum upgrade from proof-of-work to proof-of-stake. The news comes ahead of staked Ether withdrawals expected to roll out with the Shanghai update in March 2023. Validators have staked over 16 million ETH worth roughly $25 billion with Ether trading around $1500 on […]

cryptocurrency January 17, 2023

Ethereum gained pace above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh rally towards the $1,650 level. Advertisements Ethereum started a decent increase above the $1,500 and $1,520 resistance levels. The price is now trading above $1,520 and the 100 hourly simple moving average. There is […]

cryptocurrency January 17, 2023

ETH’s annualized inflation has dropped to 0.00002%. The value of transaction settlements on the Ethereum network is significantly higher than that on the Bitcoin network. For the first time since December 2022, Ethereum (ETH) issuance has returned to a deflationary state, data from ultra sound money revealed. The altcoin’s supply growth at the time of […]

cryptocurrency January 16, 2023

Advertisements Summary: Coinbase Director Conor Grogan spotted Ether transfers to the “FTX Accounts Drainer” with private notes on how to move the assets undetected. The hacker was advised to leverage less popular and more privacy-based crypto mixer protocols. The U.S. Justice Department launched an investigation into the matter after nearly $400 million was stolen from […]

cryptocurrency January 16, 2023

The total value of ETH staked and validators on the network witnessed substantial growth Whales show interest in ETH as the number of transactions witnessed a surge Ethereum’s [ETH] staking activity continued its upward swing as the total value staked in ETH 2.0. deposit contract reached yet another ATH, data from Glassnode revealed. Advertisements 📈 […]

cryptocurrency January 16, 2023

Ethereum climbed higher above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might rise further towards the $1,650 level. Advertisements Ethereum started a fresh increase above the $1,450 and $1,500 resistance levels. The price is now trading above $1,500 and the 100 hourly simple moving average. There is a major […]

cryptocurrency January 15, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements ETH investors enjoyed at least 30% gains in the last two weeks ETH short-term traders could have some leverage given ETH’s latest upside  Ethereum [ETH] offered investors over 30% gains in the past […]

cryptocurrency January 14, 2023

2023 is starting as a great year for cryptocurrencies, with Bitcoin trading above $20,000 for the first time since FTX collapsed in November 2022. Advertisements The flagship digital asset is up 25.9% over the past 14 days and saw a rapid increase of 11% in the last 24 hours to cross the $20,000 mark. The […]

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