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Month: August 2023

cryptocurrency August 26, 2023

Advertisements The total staked ETH was almost 28 million. Staked ETH currently makes up 21.8% of the total ETH supply. Ethereum [ETH] staking has developed a distinct trajectory, separate from the price trends. As more of the circulating supply gets locked up in staking, one particular metric is experiencing a decline. Is your portfolio green? […]

cryptocurrency August 25, 2023

Advertisements Despite its price compression, ETH hit its highest whale activity in 16 weeks. If history repeats itself, ETH might drop to 2019 lows. Lately, Ethereum [ETH] has been witnessing a significant increase in network activity and accumulation. And the suspects in this regard have been whales who have found the coin dip to $1,650 […]

cryptocurrency August 25, 2023

Ethereum price is struggling to rise above $1,700 against the US Dollar. ETH whales seem to accumulate, and the $1,620 support could be the key. Advertisements Ethereum is struggling to rise above the $1,680 and $1,700 levels. The price is trading below $1,670 and the 100-hourly Simple Moving Average. There is a connecting bearish trend […]

cryptocurrency August 24, 2023

Advertisements The co-filing comes just a week after reports emerged that the Securities and Exchange Commission is likely to greenlight Ethereum ETF applications. Investment firms ARK Invest and 21Shares have teamed up to apply for two Ethereum futures exchange-traded funds after reports emerged last week that the United States securities regulator could soon begin approving […]

cryptocurrency August 24, 2023

Advertisements ETH short positions have climbed to their highest level this year. Non-stop distribution amongst daily traders puts the coin at risk of further decline.  Short positions opened against leading altcoin Ethereum [ETH] across cryptocurrency exchanges reached their highest level so far this year, a day after the significant liquidity exit of 17 August.  How […]

cryptocurrency August 23, 2023

Advertisements Exchange outflow passed inflows, impacting stability in ETH price. Activity on the Ethereum mainnet fell. In an interesting turn of events, Ethereum [ETH] has attracted whales’ interest of late. However, it was uncertain if the activities of whales would favor the ETH price action as it looked more or less gloomy in recent times. […]

cryptocurrency August 23, 2023

Share this article URL Copied Advertisements Binance Labs, the venture capital and incubation subsidiary of the global cryptocurrency platform Binance, has announced an investment in Pendle Finance, a leading DeFi protocol focused on yield tokenization. We’re excited to announce that we’v invested in @pendle_fi! Pendle Finance is a yield derivative protocol that enables users to […]

cryptocurrency August 23, 2023

Share this article URL Copied Advertisements Pyth Network announced its integration with Stacks, providing developers with low-latency oracles, according to an August 23 announcement. We’re delighted to reveal the Developers Release of the Pyth oracle on @Stacks Thanks to the contribution of @hirosystems, Stacks developers can build smart contracts with access to Pyth’s 300+ price […]

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