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Year: 2023

cryptocurrency June 19, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH saw a corrective bounce from key ascending support near $1600. Open interest rates declined; the CVD spot eased, suggesting muted demand.  Ethereum [ETH] rebounded strongly from critical ascending support near $1600. But […]

cryptocurrency June 19, 2023

Advertisements Summary: Ethereum Foundation researcher Michael Neuder proposed increasing the validator balance cap from 32 ETH to 2,048 ETH. The idea being considered within the developer community would stem the growing active validator set size and optimize network efficiency. Increasing the limits of validator balances would also make room for auto-compounding of rewards, allowing validators […]

cryptocurrency June 19, 2023

Advertisements The proposal received mixed reactions from the crypto community, with some users stressing that it would make the network more centralized. Ethereum core developers plan to implement a 64-fold increase in the minimum amount of staked Ether (ETH) required to become a validator, from 32 ETH to 2048 ETH. The proposal was made during […]

cryptocurrency June 19, 2023

Advertisements Inspired by Bitcoin Ordinals inscriptions, Ethscriptions offer a new way to mint NFTs on Ethereum. Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with the launch of a new protocol. Launched on June 17 the protocol, dubbed “Ethscriptions,” is a nod to the […]

cryptocurrency June 18, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of […]

cryptocurrency June 18, 2023

Advertisements Ethereum inscriptions launch with 10,000 Ethereum punk inscriptions in 24 hours. Ethereum dominance of the NFT space continues with blue-chip NFTs. Recent reports suggest Ethereum is treading a similar path to Bitcoin when pioneering the inscription of NFTs on its platform. In line with the concept of Bitcoin inscriptions, a new feature called Ethscriptions […]

cryptocurrency June 17, 2023

Advertisements Ethereum’s price increased by nearly 2% in the last 24 hours.  However, market indicators were bearish, suggesting a change in trends. The Binance and Coinbase episode with the US Securities Exchange Commission caused havoc in the crypto industry. It caused a decline in the supply of Bitcoin [BTC] and Ethereum [ETH] on Binance, suggesting […]

cryptocurrency June 16, 2023

The legal battle between Ripple and the Securities and Exchange Commission (SEC) has taken a new twist as top lawyers accuse former SEC Director William Hinman of being paid to attack XRP in favor of Ethereum (ETH).  Advertisements Following the release of Hinman’s emails and drafts of his June 2018 speech, pro-XRP attorney John Deaton […]

cryptocurrency June 16, 2023

Advertisements Positive Ethereum and Arbitrum network developments and the eventual improvement in crypto investor sentiment could lend a boost to the ARB price. While the Arbitrum governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth.  A recent Nansen report shows that Arbitrum’s activity improved […]

cryptocurrency June 16, 2023

The brutal bear market in crypto over the past few months has taken a serious toll on ETH’s price and profitability. The price of Ethereum has been stuck in a sideways range recently, and many ETH holders have been unlucky for it. According to data from Glassnode, the percentage of Ethereum addresses in profit has […]