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cryptocurrency

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 […]

cryptocurrency January 24, 2024

An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Advertisements Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through […]

cryptocurrency January 23, 2024

Advertisements Since ETFs were approved, the Ethereum Coinbase Premium Gap has declined. The coin’s price remained prone to swings despite the decrease in volatility. Ethereum’s [ETH] Coinbase Premium Gap has shrunk since the launch of Bitcoin [BTC] spot exchange-traded fund (ETF) on the 10th of January, data from CryptoQuant revealed.  This metric tracks the difference […]

cryptocurrency January 22, 2024

Advertisements Before the BTC spot ETF approval, the active validator count on Ethereum fell.  The network’s participation rate, which dropped before the ETF approval, has climbed. The number of active validators on the Ethereum [ETH] Proof-of-Stake (PoS) network has seen a sharp uptick in the past week. This is after a period of decline before […]

cryptocurrency January 21, 2024

Advertisements ETH was down by more than 2% in the last 24 hours. Buying pressure on Ethereum was high, and whale activity increased. Ethereum [ETH] once again proved that it is the king of altcoins, as it outshone the rest. If the latest data is to be considered, ETH was the leader in recent volatility […]