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Year: 2023

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 […]

cryptocurrency August 23, 2023

Ethereum price is facing many hurdles below the $1,700 resistance against the US Dollar. ETH could extend its decline below the $1,580 and $1,550 levels. Advertisements Ethereum is still struggling to recover above the $1,700 and $1,720 levels. The price is trading below $1,680 and the 100-hourly Simple Moving Average. There is a major bearish […]

cryptocurrency August 22, 2023

Advertisements Ethereum’s number of wallets in loss reached a seven-month high  Metrics and market indicators suggested that ETH’s price might decline further Over the last few months, Ethereum [ETH] witnessed a decline in its network activity. This was the case as the blockchain’s monthly average active addresses dropped. The monthly average of active ETH addresses […]

cryptocurrency August 21, 2023

Advertisements A proposal for the launch of Aave’s V3 iteration on Base has been approved by community members. AAVE sees increased distribution, putting downward pressure on its price. Aave’s [AAVE] governance forum has approved a proposal to deploy the lending protocol’s V3 iteration on the new Layer 2 (L2) scaling network Base. How much are 1,10,100 […]