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Year: 2024

cryptocurrency May 8, 2024

Data showed that ETH’s underwhelming performance has restricted money flow in the market. Old coins were moving, indicating that selling pressure might continue. Ethereum [ETH] is challenged with replicating its performance in the last bull market, according to a recent report. Put together by 10x Research, the report stated that the project’s fundamentals have weakened. […]

cryptocurrency May 7, 2024

Ethernity is a platform that offers authenticated and licensed NFTs featuring well-known figures such as Lionel Messi and Shaquille O’Neal. It has announced a Layer-2 solution on the Ethereum blockchain. Advertisements This development aims to address the challenges faced by major brands in adopting blockchain technology. Ethernity Unveils Layer-2 Blockchain The new Ethernity Chain Layer-2 […]

cryptocurrency May 7, 2024

Ethereum (ETH), the world’s second-largest cryptocurrency, continues to grapple with uncertainty after a steep price decline. Investors are on tenterhooks, with whales exiting their positions and the market sentiment teetering between fear and a glimmer of hope. Advertisements Ethereum Price Struggles To Regain Footing Ethereum’s price has been on a rollercoaster ride in recent months. […]

cryptocurrency May 7, 2024

One of Ethereum’s top whales has dumped seven thousand tokens, making over $16 million in profits. Ethereum’s price has seen very minute increases; Analysts expect bulls to take control back. Ethereum [ETH], the second-largest cryptocurrency in the world, continues struggling to regain its footing after a dramatic free-fall that sees investors holding on for dear […]

cryptocurrency May 6, 2024

Whales accumulated over $9 million worth of ERC-20 tokens. Pepe and LINK saw a more positive price trend than UNI. Recently, Pepe [PEPE], Uniswap [UNI], and Chainlink [LINK] witnessed significant whale accumulations. While UNI stood out with its distinct price trend, PEPE and LINK displayed similar price movements. Advertisements Another commonality among these assets is […]

cryptocurrency May 4, 2024

Michael Saylor predicts Ethereum will be classified as a crypto-asset security Charles Hoskinson was quick to respond to the Bitcoin maxi’s comments The United States is taking steps towards regulating the cryptocurrency market, beginning with platforms like Kraken, Coinbase, and Uniswap. Now, it would seem that it’s turning its attention towards Ethereum [ETH]. As expected, […]

cryptocurrency May 3, 2024

Ethereum Name Service (ENS) has initiated a legal challenge against Unstoppable Domains (UD). It focuses on a contentious blockchain naming patent, marking a significant dispute in the blockchain industry.  Advertisements The patent, originally filed by Unstoppable Domains, ostensibly incorporates technology developed by ENS. This has led to accusations of intellectual property misappropriation. Ethereum Name Service […]

cryptocurrency May 3, 2024

BTC and ETH traded below their maximum pain points, suggesting that traders might face severe losses Implied Volatility dropped, implying a lack of bullish expectations going forward Bitcoin [BTC] and Ethereum [ETH] options contracts worth about $2.3 billion are set to expire on Friday, 3 May. According to Deribit Exchange, the Bitcoin options are valued […]

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