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Month: January 2024

cryptocurrency January 5, 2024

Solana co-founder Anatoly Yakovenko has expressed confidence that their blockchain can handle the growing demand for decentralized applications (dapps) without needing layer-2 solutions like those employed by Ethereum. Advertisements Solana Doesn’t Need Layer-2 Solutions In a post on X, Yakovenko argued that Solana’s design, which utilizes a hybrid consensus mechanism, enables it to scale efficiently without […]

cryptocurrency January 5, 2024

Advertisements ETH witnessed its highest drop in over two months. The Ethereum in profit has gone below 80%. Ethereum [ETH] experienced a significant decline in its price, leading to a corresponding decrease in profit supply. Ethereum sees highest drop in months On the 2nd of January, Ethereum faced a notable decrease of over 6%, settling […]

cryptocurrency January 5, 2024

With all attention focused on the premise of a spot Bitcoin ETF, the steady increase in collateral locked on Ethereum layer-2 networks has gone unnoticed. L2 TVL has reached an all-time high this week, but will ETH prices start to move yet? Advertisements According to layer-2 ecosystem platform L2beat, the total value locked across all […]

cryptocurrency January 4, 2024

Advertisements NFT sales volume on the Bitcoin network exceeded Ethereum in December. This occurred despite Ethereum recording a  higher transaction count. The Bitcoin [BTC] Network outpaced Ethereum [ETH] as the blockchain with the highest non-fungible token (NFT) sales volume in December, marking the second such occurrence in just two months. According to data from CryptoSlam, […]

cryptocurrency January 3, 2024

Advertisements Despite a delay in the Ethereum ETF decision, ETH’s price may rally. On-chain data showed that the altcoin may rise above $3,600. Ethereum [ETH] could be one of the best performers of this year’s first quarter, according to a recent revelation by Michaël van de Poppe. The founder of MN Trading noted that altcoins […]

cryptocurrency January 2, 2024

Advertisements ETH may fall to $2,215 as large sell-off spreads. Traders are confident that the altcoin will recover in no time. According to Whale Alert, a whale sent 14,610 Ethereum [ETH] tokens to the Coinbase exchange on the 30th of December. The transaction was the second one within 12 hours after an initial transfer involving […]

cryptocurrency January 2, 2024

An analyst has explained that $3,830 and $5,100 could be the next major targets for Ethereum based on an on-chain pricing model. Advertisements Ethereum MVRV Pricing Bands Have Next Targets At $3,830 And $5,100 In a new post on X, analyst Ali talked about the next key targets for Ethereum based on the “MVRV Pricing […]

cryptocurrency January 1, 2024

An analyst has explained that Ethereum could be set to see a further rally based on on-chain data. Here’s the level ETH may end up surpassing. Advertisements Ethereum Has No Significant On-Chain Resistance Ahead In a new post on X, analyst Ali has discussed how Ethereum’s support and resistance levels are looking like based on […]

cryptocurrency January 1, 2024

Advertisements Ethereum’s updated roadmap focuses on compatibility and redesigning key elements. Criticisms arise over Ethereum’s emphasis on Layer 2 scaling. Despite the uncertainty in the crypto markets, Ethereum[ETH] has consistently been dedicated to making developments on its network. These developments usually follow along a roadmap that has been laid out by Vitalik Buterin and his […]

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