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Month: February 2023

cryptocurrency February 28, 2023

Advertisements Summary: Ethereum’s Shanghai upgrade meant to enable the withdrawal of staked ETH was successfully tested on Sepolia, a public testnet. The test simulated two crucial upgrades – Shanghai on the execution layer and Capella on the consensus layer. Developers will now test Shanghai-Capella or Shapella on a third public testnet before the mainnet update- […]

cryptocurrency February 28, 2023

Ethereum addresses began to sell their holdings at a loss. The number of retail investors continued to increase. According to Santiment’s data, a few addresses have started to sell their ETH holdings at a loss. Historically, once the crowd starts exiting their positions more frequently at a loss, bottoms are likely to form. Advertisements Advertisements […]

cryptocurrency February 28, 2023

Advertisements As Ethereum’s Shanghai upgrade approaches next month, one of the network’s testnets has successfully upgraded, simulating the slated hard fork. The Ethereum blockchain’s Sepolia testnet has undergone a successful upgrade that simulates the upcoming Shanghai hard fork that is expected to take place in March on the network’s mainnet. The “Shapella” upgrade, which combines […]

cryptocurrency February 28, 2023

Ethereum price is still struggling to clear the $1,660 resistance zone against the US Dollar. ETH must surpass $1,660 and $1,700 to start a fresh increase in the near term. Advertisements Ethereum is correcting lower from the $1,660 resistance zone. The price is trading near $1,620 and the 100 hourly simple moving average. There was […]

cryptocurrency February 27, 2023

Mining activity on EthereumPoW is at an all-time low. DeFi activity on the chain is also almost non-existent. The hashrate of EthereumPoW’s [ETHW] network has hit an all-time low due to a continuous decrease in mining activity, data from 2Miners.com revealed. Advertisements As of this writing, the network’s hashrate stood at 14.82 TH/s, having fallen […]

cryptocurrency February 27, 2023

Ethereum price is slowly moving higher above the $1,620 resistance zone against the US Dollar. ETH must surpass $1,650 and $1,670 to continue higher in the near term. Advertisements Ethereum is recovering higher from the $1,565 support zone. The price is trading above $1,620 and the 100 hourly simple moving average. There was a break […]

cryptocurrency February 25, 2023

The volume of blue chip collections, including BAYC, Otherdeed, and MAYC, all declined around the same period Other not-so-popular collections filled in for the decrease, but there were no substantial changes. Ethereum [ETH] NFTs like Otherdeed, Moonbirds, and Bored Ape Yacht Club [BAYC] were almost always on the list of collections with the most daily […]