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Year: 2024

cryptocurrency January 30, 2024

Advertisements The trading volume of Solana’s DEX, Jupiter, surpassed Uniswap in the past 24 hours. The SOL market remained plagued by bearish sentiments as the price moved sideways.  Solana [SOL]-based decentralized exchange (DEX) Jupiter saw its trading volume climb significantly in the last 24 hours, surpassing Ethereum [ETH]-based Uniswap [UNI], according to data from CoinGecko. […]

cryptocurrency January 29, 2024

Advertisements Ethereum’s staking market cap surged to $65.45 billion. ETH’s liquid supply has been going downhill over the last two years. Ethereum [ETH] staking showed no signs of saturation as the total supply locked in ETH’s deposit contract surged to a fresh all-time high (ATH). ETH staking on a roll According to AMBCrypto’s analysis of […]

cryptocurrency January 29, 2024

Advertisements Ethereum has a bullish structure on the weekly chart. The two key range resistance levels overhead line up well with the liquidation heatmap. Ethereum [ETH] bulls took over a month to breach the resistance at the $2.4k mark. The Bitcoin [BTC] spot ETF approval news took Ethereum to the local high at $2.7k, but […]

cryptocurrency January 28, 2024

Advertisements Bitcoin’s total transaction count plunged in the last seven days. Bitcoin ascended to $42,000 as the weekend started Transaction fees across major blockchain networks declined drastically in recent days, raising concerns about lower demand and adoption. Less network utilization Bitcoin [BTC] and Ethereum [ETH] witnessed more than a 30% contraction in money paid by […]

cryptocurrency January 27, 2024

The Ethereum network stands as a revolutionary innovation in the realm of blockchain technology. It serves as a robust platform for building and deploying decentralized applications (dApps), fueling the growth of decentralized finance (DeFi) and transforming the way we interact with financial services. However, with its widespread adoption and increasing popularity, Ethereum has faced challenges […]

cryptocurrency January 27, 2024

Advertisements Celsius moved $1 billion worth of ETH. ETH ETF approval got delayed, but price of ETH remain unaffected. The now-inoperative crypto lending platform Celsius made significant transfers of Ethereum [ETH] to centralized exchanges over the last few days. The latest transaction involved a substantial 459,561 ETH, valued at around $1 billion at press time. […]

cryptocurrency January 26, 2024

Advertisements Blackrock gets delayed spot ETH ETF decision. ETH hits six consecutive days of downtrends. Following the approval of Bitcoin [BTC] spot ETFs, the focus has shifted to Ethereum [ETH] spot ETF proposals submitted to the SEC. The prominent institutions that spearheaded spot BTC ETFs are now leading the way for spot ETH ETFs, with […]

cryptocurrency January 25, 2024

Advertisements Opinions clash on the possible approval of a spot Ethereum ETF Final decisions are expected between May and August Excitement is mounting over the U.S. Securities and Exchange Commission’s (SEC) impending decision on several applications for Ethereum spot exchange-traded funds (ETFs). The same was highlighted by Fox Business’s Eleanor Terrett in her latest post […]

cryptocurrency January 24, 2024

Advertisements Celsius made massive ETH transactions in the wake of its bankruptcy proceedings. Gas usage on the network declined, however, NFT activity remained high. The most recent data insights from on-chain analytics provider LookonChain revealed massive transactions within the Celsius wallet over the past 10 hours. Specifically, a deposit of 13,000 Ethereum [ETH], valued at […]