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Day: June 14, 2023

XRP And Ethereum Seeing Increased Social Media Talk As Bitcoin Loses Interest

cryptocurrency June 14, 2023

Data shows XRP and Ethereum are picking up social volume as investors have seemingly started to lose interest in Bitcoin. Advertisements Bitcoin Social Volume Shows Drop, Traders Shift Focus Towards XRP & Ethereum According to data from the on-chain analytics firm Santiment, BTC’s social volume has decreased since its surge in March. The “social volume” […]

Analyzing Lido Finance’s ebb and flow amid market unrest

cryptocurrency June 14, 2023

Advertisements Net deposits on the Beacon Chain increased on the Lido pool.  L2 bridging grew by 5% as TVL fell. Even as a top liquid staking platform, Lido Finance [LDO] felt the impact of the turbulence. This was the case with many other assets in the market. During the period of unrest, the value of […]

AWS went down in the US, but Ethereum kept humming

cryptocurrency June 14, 2023

Advertisements Ethereum hummed along through the latest AWS outage but one commentator said its reliance on Lido for staking could cause issues in the future. Amazon Web Services (AWS) suffered a minor outage, but there was no impact on Ethereum network nodes even though they largely rely on Amazon’s hosting. On June 13, the cloud […]

Don’t Look Down: Why It’s Now Or Never For An Ethereum Rally

cryptocurrency June 14, 2023

Ethereum is finding itself in a very dangerous position, with its fate possibly in the hands of the US SEC: Is it a security, or is it a commodity? Is it decentralized enough?  Advertisements While the industry figures itself out,  it is now or never for an ETHUSD rally, or there is heightened risk of […]

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