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Month: September 2023

cryptocurrency September 5, 2023

As negative sentiment began to dwindle, crypto outflows dropped to their lowest in weeks.  With a year-to-date net inflow of $26 million, Solana might be “the most loved altcoin.”  Capital flight from digital asset investment products “cooled off” last week, causing outflows to drop to a low of $11.2 million, digital asset investment firm CoinShares […]

cryptocurrency September 5, 2023

At the recent Korea Blockchain Week conference, Ethereum co-founder Vitalik Buterin discussed the future of Ethereum nodes and how mobile devices could play a role in promoting decentralization and scalability. Advertisements During a talk on September 5, Buterin explained that one of the challenges facing Ethereum is the centralization of nodes, with most currently running […]

cryptocurrency September 5, 2023

Advertisements Ethereum co-founder Vitalik Buterin says node centralization is one of Ethereum’s main challenges, but the perfect solution may not come for another 20 years. The centralization of nodes is one of the biggest problems facing the Ethereum network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum […]

cryptocurrency September 5, 2023

Ethereum price is struggling to recover above $1,650 against the US Dollar. ETH is showing bearish signs and might dive below the $1,600 support. Advertisements Ethereum failed to gain strength for a move above the $1,650 zone. The price is trading below $1,640 and the 100-hourly Simple Moving Average. There are two bearish trend lines […]

cryptocurrency September 4, 2023

Ethereum’s exchange outflows have increased in the past few weeks. This has occurred despite its sideways price movements. Leading altcoin Ethereum [ETH] has continued to experience a surge in exchange outflows, despite recent price action, on-chain data provider IntoTheBlock noted in a recent post on X. Advertisements ETH continues to record more significant exchange outflows, […]

cryptocurrency September 4, 2023

Ethereum price tested the $1,600 zone and is currently recovering against the US Dollar. ETH is facing many hurdles near $1,650 and $1,670. Advertisements Ethereum started a recovery wave from the $1,600 support level. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with […]

cryptocurrency September 3, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements On 30 August, the status of Ethereum [ETH] as a commodity was reaffirmed in a ruling that involved Uniswap [UNI]. The court action was instituted by some Uniswap users who felt undone by […]

cryptocurrency September 1, 2023

Stablecoins, including sDAI and GHO, propelled Aave V3’s $100 million loan record. Assets staked on the protocol reduced in the last 24 hours. A whopping $100 million— that was the value of loans issued on Aave [AAVE] on Monday 28 August. The landmark, a record high, was reported by Lucas Outumoro,  IntoTheBlock’s Head of Research. […]