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Day: July 13, 2023

Ethereum scaling protocols drive zero-knowledge proof use in 2023

cryptocurrency July 13, 2023

Advertisements Ethereum scaling remains the primary use case behind zero-knowledge proofs, according to a report from ZKValidator. Ethereum scaling protocols dominate the use of zero-knowledge rollups (ZK-rollups), with major launches, new research and healthy competition key points in a sector report published by ZKValidator. The node infrastructure operator’s “State of ZK Q2” report reflects on significant […]

Ethereum: Traders anticipate price recovery as losses trickle in

cryptocurrency July 13, 2023

Advertisements ETH’s NRPL has returned to negative territory. On-chain metrics revealed traders remain steadfast in coin accumulation.  After a few weeks of Ethereum [ETH] traders posting gains on their investments, the alt’s consolidation around the $1800 price range has caused its Net Realized Profit/Loss (NRPL) indicator to return to the negative territory, data from Santiment […]

Ethereum Price Topside Bias Vulnerable If ETH Drops Below $1,825

cryptocurrency July 13, 2023

Ethereum price failed again to clear the $1,900 resistance against the US Dollar. ETH is declining and might revisit the $1,825 support zone. Advertisements Ethereum topped near the $1,900 resistance and declined. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with […]

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