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Year: 2024

cryptocurrency January 9, 2024

Advertisements ETH was down by more than 1.5% in the last seven days.  If ETH initiates a bull rally, it might face resistance near $2,300 and $2,400. The year 2024 began on a sweet note as Ethereum’s [ETH] value surged above $2,400. However, the king of altcoins witnessed a price correction, pushing its value under […]

cryptocurrency January 9, 2024

So far, Ethereum appears to be showing signs of an impending bullish run, according to Crypto Tony, a renowned analyst in the crypto space. Crypto Tony suggests that Ethereum’s journey to bullish momentum could commence if it successfully maintains its position above the crucial level of $2,130. Advertisements Fortunately, the asset trades above this price […]

cryptocurrency January 8, 2024

Advertisements The supply of Ethereum on exchanges has continued to decrease in the new year. The number of daily stakes showed that the asset, once taken off exchanges, was not flowing back in. In recent weeks, Ethereum [ETH] has witnessed a decrease in its supply on exchanges. How has this impacted the number of holders? […]

cryptocurrency January 7, 2024

Advertisements XRP now makes up over 1% of the Grayscale large fund portfolio. Polygon continues to decline after the market crash. Grayscale recently adjusted its extensive portfolio of funds by adding and removing certain digital assets. Ripple [XRP] and Polygon [MATIC] were involved in this rebalancing, but what roles did they play? XRP in, MATIC […]

cryptocurrency January 6, 2024

Advertisements ETH stored off exchanges outweighted the custodial coins. A 50% rally may open if exchange inflow reduces and volatility remains high. The number of large addresses holding Ethereum [ETH] held on non-exchange wallets tapped a new All-Time High (ATH), AMBCrypto noted. In the same vein, the top 150 exchange wallets have been decreasing. On-chain […]

cryptocurrency January 6, 2024

Arbitrum, a prominent Layer-2 (L2) scaling solution, has been on a remarkable upward trajectory since the launch of its native token, ARB, in March 2023. The past 30 days witnessed a staggering 74% surge in ARB’s value, underscoring the growing market interest in the protocol. Advertisements Notably, Arbitrum’s daily decentralized exchange (DEX) volume has experienced […]

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 […]