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Year: 2023

cryptocurrency July 25, 2023

Ethereum price is showing bearish signs below the $1,900 resistance against the US Dollar. ETH could extend its decline toward the $1,780 support. Advertisements Ethereum is showing bearish signs below the $1,900 level. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support […]

cryptocurrency July 24, 2023

Ethereum price is struggling to clear the $1,900 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,850. Advertisements Ethereum is showing bearish signs below the $1,920 level. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

cryptocurrency July 23, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum [ETH] co-founder Vitalik Buterin teased a new network upgrade that could “reduce costs by 100 times.” According to Buterin, it could also mean lower transaction fees. Buterin spoke about the development at the […]

cryptocurrency July 22, 2023

Advertisements Address outflows from whales contributed heavily to ETH’s latest sell pressure. Some whales are re-accumulating, but it may not be enough to turn the ship around. Ethereum [ETH] has been on an overall bearish trajectory for the last seven days – an outcome that saw it shed last month’s gains. But what has been […]

cryptocurrency July 22, 2023

Over the past week, Ethereum (ETH) registered the highest inflows into centralized exchanges (CEX) in the past two months. These significant asset movements have suggested a potential price dip for ETH. Advertisements CoinGecko data shows that the second-largest cryptocurrency has been experiencing a slight price decline, losing 2.5% of its value in the past week. […]

cryptocurrency July 21, 2023

Advertisements Ethereum’s annual carbon footprint was significantly cut since The Merge. Bitcoin’s estimated annual emissions contributed just 0.15% to the global tally.  Ethereum’s [ETH] annual electricity consumption fell by more than 99.9% after switching from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, according to a report by Ethereum.org. Is your portfolio green? Check out […]

cryptocurrency July 21, 2023

This week, after the end of a major industry conference, everyone in the crypto sphere is talking about account abstraction, smart contract wallets, and the new Ethereum upgrade, ERC-4337. What are they, and why is everyone so excited? Advertisements One of crypto’s longstanding foibles is its lack of user-friendliness. Even for seasoned tech veterans, setting […]

cryptocurrency July 21, 2023

The second quarter of 2023 brought significant challenges for the Ethereum network as its revenue experienced a sharp decline. Ethereum network revenue plummeted from $1.27 billion to $847 million during Q2, representing a staggering 33.3% drop.  Advertisements The network revenue for Ethereum encompasses all transaction fees paid by users to Ether validators, as well as […]

cryptocurrency July 21, 2023

Share this article URL Copied Advertisements DeFi protocol Conic Finance reported a loss of 1700 ETH, valued at over $3.2 million. Blockchain security firm BlockSec has traced this incident to an unidentified hacker exploiting a reentrancy vulnerability early this morning. Conic promptly alerted its user base via Twitter, confirming the exploit involving the ETH Omnipool, […]