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Year: 2023

cryptocurrency May 12, 2023

The Ethereum price consolidation weakened as the bulls lost momentum, resulting in a nearly 4% loss in the last 24 hours and a 7% decline on the weekly chart. The technical analysis indicates considerable bearish pressure. Advertisements The coin’s value remained stagnant at around $1,800, leading to waning interest from buyers and a significant decrease […]

cryptocurrency May 12, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements Sellers were temporarily stalled at $1800 support at press time.  Negative sentiment persists despite the accumulation seen in the past few weeks. The U.S. stock and crypto market posted mixed results on 10 […]

cryptocurrency May 10, 2023

Advertisements Cardano takes advantage of upper hand in lower fees compared to rival Ethereum. ADA slips below key support level after struggling to find bullish momentum. The crypto market is currently at a stage where a network’s weakness may pave the way for another to thrive. The rivalry between Ethereum and Cardano is perhaps an […]

cryptocurrency May 10, 2023

Advertisements Ethereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible. Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’ annualized yield. According to data, […]

cryptocurrency May 9, 2023

Advertisements Centralized staking pools experienced an array of farewells. Validators have opted not to cross the minimum balance required to stake. Within Ethereum’s [ETH] ecosystem, staking activity has become a topic of increasing interest and scrutiny since the Shapella upgrade’s success. But contrary to projection, ETH did not witness a high level of sell pressure […]