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Day: May 3, 2025

cryptocurrency May 3, 2025

Ethereum is trading just below the $2,000 mark, holding at critical levels as the broader market shows signs of recovery. After weeks of choppy price action and fading selling pressure, bulls are gradually regaining control, pushing ETH into a more bullish short-term structure. Momentum is building as Ethereum stabilizes above the $1,800 level, and technical […]

cryptocurrency May 3, 2025

Advertisements The current ETH price setup versus Bitcoin closely mirrors 2019, with an oversold RSI and prolonged weakness below key moving averages after a multiyear decline. Ethereum’s Ether (ETH) token is approaching a critical price zone against Bitcoin (BTC), which historically marked the beginning of a massive rebound. The ETH/BTC pair, currently trading near 0.019 […]

cryptocurrency May 3, 2025

Ethereum co-founder Vitalik Buterin has urged the blockchain community to rethink the network’s design approach, pushing for a more minimalist and efficient structure. Advertisements In a blog post published on May 3, Buterin argued that Ethereum should adopt a simpler protocol model, similar to Bitcoin’s, to improve efficiency, scalability, and security. Buterin Touts Bitcoin’s Simplicity […]

cryptocurrency May 3, 2025

In early May 2025, the Ethereum (ETH) market witnessed contrasting actions from large investors, commonly known as whales.  Advertisements These opposing behaviors from whales present investors with both risks and opportunities. Contrasting Ethereum Whales’ Actions On one hand, several Ethereum whales are accumulating ETH in large quantities. An ETH whale purchased 3,029.6 ETH valued at […]

cryptocurrency May 3, 2025

Advertisements Vitalik Buterin proposed new architecture and protocol-wide standards to make Ethereum simpler, faster and easier to maintain. Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled “Simplifying the L1,” published on May […]

cryptocurrency May 3, 2025

Over the past few months, Ethereum has experienced a significant decline in user activity on its blockchain. This slowdown has reduced the network’s burn rate—a mechanism that helps decrease ETH supply over time. Advertisements With fewer tokens being burned, ETH’s circulating supply has risen, putting inflationary pressure on the asset. As a result, the coin […]