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Day: July 12, 2023

cryptocurrency July 12, 2023

Advertisements The proposal to launch GHO on Ethereum’s mainnet reached quorum after protocol delegate AaveChan voted “Yae” on Wednesday. Aave DAO’s community wholly backed the plan as all members of the DAO voted in support with over 698,000 votes at press time. This comes after months of successfully testing the GHO stablecoin on the Ethereum […]

cryptocurrency July 12, 2023

Advertisements Uri Kolodny, the co-founder and CEO of StarkWare, said that Starknet’s latest Quantum Leap upgrade makes high TPS a reality on the Ethereum mainnet. The much-anticipated Quantum Leap upgrade by layer-2 scaling protocol Starknet was recently deployed on the Ethereum mainnet, allowing for as much as 90 transactions per second (TPS), boosting the network’s […]

cryptocurrency July 12, 2023

Advertisements ETH retail demand sees an uptick but whales counter with sell pressure. ETH’s price action indicates accumulation, however, buying pressure lays low.  Where is ETH currently in the grand scheme of things as far as adoption is concerned? We recently saw it struggle to retain value above $2,000, but this week something interesting is […]

cryptocurrency July 12, 2023

Ethereum price is consolidating below the $1,900 resistance against the US Dollar. ETH could attempt another increase unless there is a close below $1,825. Advertisements Ethereum is trading in a range above the $1,850 level. The price is trading above $1,870 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]