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cryptocurrency

cryptocurrency September 4, 2024

Solana’s ETP inflows surged 7,600% despite a broader market downturn. Solana outperformed Bitcoin and Ethereum in year-to-date performance, showing significant resilience. Despite the broader crypto market experiencing a downturn in September, some coins have demonstrated notable resilience. Advertisements While many assets struggled, certain cryptocurrencies stood out by maintaining stability or even gaining traction during this […]

cryptocurrency September 3, 2024

Ethereum’s revenue has dropped sharply over the past several months as competition from Layer-2 (L2) scaling solutions has increased. Advertisements The March Dencun Upgrade was a crucial development for the Ethereum blockchain, particularly in reducing transaction fees. However, this upgrade came at a cost. Ethereum Revenue Sinks Amid Layer-2 Boom Ethereum’s revenue has plunged by […]

cryptocurrency September 3, 2024

Key Takeaways Aave and Sky partner to integrate new tokens USDS and sUSDS into Aave platform. Collaboration aims to boost USDS adoption and increase Aave’s total value locked. Share this article Advertisements Advertisements Decentralized applications Aave and Sky have announced a joint effort to take the decentralized finance (DeFi) ecosystem to the traditional finance realm. […]

cryptocurrency September 3, 2024

Advertisements contributor Edited By: Saman Waris Posted: September 3, 2024 Share this article Advertisements There is a high possibility that ETH could fall 4% to the $2,400 level. ETH’s reserve on the exchanges has been increasing, indicating higher selling pressure from investors.  In this bearish market sentiment, a recent transaction of Ethereum [ETH] by WazirX […]

cryptocurrency September 1, 2024

Ethereum co-founder Vitalik Buterin has firmly denied allegations that the network’s Layer-2 solutions can unilaterally seize users’ funds. Advertisements This statement comes after several crypto stakeholders reignited the debate over fund security on Ethereum Layer-2 networks on the social media platform X (formerly Twitter). Buterin Addresses Skepticism Over Ethereum Layer-2 Fund Security On August 31, […]

cryptocurrency September 1, 2024

Ethereum’s underperformance could delay the much-awaited altcoin season.  Bitcoin’s rising dominance could derail altcoin performance post-Fed rate cuts.  Ethereum’s [ETH] muted price action and the lackluster performance of US spot ETH ETFs could delay the much-awaited altcoin season. In fact, on 30th August, the US spot ETH ETFs record zero flows across the board. Advertisements […]

cryptocurrency August 31, 2024

ETH’s supply crisis intensified as staking demand spiked and exchange reserves fell ETH fundamentals remained strong despite weak market sentiment Ethereum[ETH]’s supply crisis continues to intensify and could be a set-up for a possible strong rebound for the world’s largest altcoin. Advertisements In fact, according to on-chain analyst Leon Waidmann, ETH’s supply crisis has been […]

cryptocurrency August 31, 2024

Este artículo también está disponible en español. Ethereum (ETH) has been trading within a daily range between $2,300 and $2,800 since the start of August. Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors.  Advertisements Related Reading This performance has led to disappointment, […]