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cryptocurrency

cryptocurrency June 10, 2024

Ethereum’s price dropped by over 2% in the last seven days. A metric suggested that ETH’s price was near its market bottom.  Ethereum [ETH] bears dominated the last week as the token’s price dropped. However, this might be the last chance for investors to accumulate more ETH while its price is low. Advertisements ETH was […]

cryptocurrency June 9, 2024

Evgeny Gaevoy, CEO of crypto market maker Wintermute, has recently voiced concerns about Ethereum’s (ETH) leadership. Advertisements According to Gaevoy, Ethereum’s potential downfall will not be due to technical shortcomings compared to competitors like Solana but from contradictions within its leadership. Wintermute CEO Highlights Leadership Paradox in Ethereum Gaevoy criticizes Ethereum’s leadership, particularly the network’s […]

cryptocurrency June 9, 2024

The Arbitrum Decentralized Autonomous Organization (DAO) has approved over $200 million worth of ARB tokens to enhance the Ethereum layer-2 network’s gaming sector. Advertisements This funding milestone coincides with a surge in key network metrics, reflecting growing community adoption. Arbitrum Boosts Gaming Community On June 7, the Arbitrum community passed a proposal to fund the […]

cryptocurrency June 9, 2024

Iggy Azalea’s MOTHER token reflects the memecoin trend after the NFT craze Despite Buterin’s critique, MOTHER surged by 1,200% Once a stranger to Solana [SOL], Australian rapper Iggy Azalea has launched her own Solana-based memecoin, Mother Iggy (MOTHER). However, this isn’t the first time such a trend has emerged either.  Advertisements In 2021, various celebrities […]

cryptocurrency June 8, 2024

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently seen its price fall below the 4-hour Simple Moving Average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour SMA is often used to gauge short-term market momentum. Advertisements When a cryptocurrency’s price drops below this moving average, it can signal […]

cryptocurrency June 8, 2024

The price of Litecoin (LTC) has had a disappointing performance in the second quarter of 2024, despite making a positive start to the year. The cryptocurrency has been facing significant bearish pressure in the past day, with its price falling by nearly 5% in a single move. Advertisements Despite LTC’s apparent struggles in terms of […]

cryptocurrency June 8, 2024

During the last seven days, BTC’s NFT sales volume declined by 4%. Weekly price charts of both coins remained green. Bitcoin [BTC] and Ethereum [ETH], two of the largest blockchains, continued to dominate the NFT market in May. Advertisements Although at first glance this looked optimistic, closer inspection revealed that both ETH and BTC’s NFT […]

cryptocurrency June 7, 2024

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cryptocurrency June 7, 2024

The crypto market capitalization has increased slightly in the last 24 hours. BTC and ETH’s price increase contributed to the increase in the market cap. The cryptocurrency market recently experienced a slight increase in market capitalization. This growth was largely driven by the prices of Bitcoin [BTC] and Ethereum [ETH], which dominate the market. Advertisements […]

cryptocurrency June 7, 2024

Ethereum, the world’s second-largest cryptocurrency, is poised for a meteoric rise, according to a new analysis by VanEck, a leading asset management firm. The report predicts that Ethereum could reach a valuation of $2.2 trillion by 2030, translating to a price of around $22,000 per coin. This ambitious prediction hinges on Ethereum’s dominance in the […]