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Day: March 23, 2023

cryptocurrency March 23, 2023

A recent Bank of America Report argues that Ethereum’s long-term viability depends on scalability, even as OFAC censorship issues loom large post-Merge.  Advertisements According to the report, Ethereum’s first-mover advantage drew decentralized app developers who now face the prospect of network congestion until sharding goes live. Ethereum’s Low Transaction Throughput and Censorship Threaten Use Data […]

cryptocurrency March 23, 2023

Analyst suggested that Ethereum could soon follow Bitcoin’s rally. NFT trades and lowering gas fees may impact network activity in the long run. Bitcoin [BTC] has been seeing quite a rally over the last few days, inspiring a lot of positive speculation around the king coin. However, it appears that Ethereum [ETH] will also soon be […]

cryptocurrency March 23, 2023

Advertisements Ethereum price has turned oversold against Bitcoin, raising the possibility of a rebound in the coming weeks. Ethereum’s native token, Ether (ETH), continues its multimonth downtrend against Bitcoin (BTC) in March, rising 5.5% versus the latter’s 19.5% gains on a month-to-date timeframe. Bitcoin overshadows Ethereum amid banking crisis As of March 23, the ETH/BTC […]