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cryptocurrency May 21, 2023

The world of crypto is filled with fascinating possibilities and unexpected growth. In a recent series of tweets, Adam Cochran, a partner at CEHV, sparked a wave of Ethereum discussions by presenting a compelling case for Ethereum’s token, ETH, to potentially surge to as high as $457,081. Advertisements Revealing The Analysis Cochran addressed skeptics who […]

cryptocurrency May 20, 2023

Advertisements Aave V2 iteration on Polygon has suffered a temporary halt. AAVE’s buying pressure has climbed in the last week. Aave’s [AAVE] V2 iteration on Layer 2 (L2) network Polygon [MATIC] suffered a temporary halt due to a bug on 19 May. This prevented Aave V2 Polygon users from interacting with Wrapped Ether [wETH], Tether […]

cryptocurrency May 20, 2023

Amid the tussle between the bulls and bears in the crypto market over the past week, the circulating supply of both Bitcoin (BTC) and Ethereum (ETH) has reached record lows, triggering speculation about the potential impact on the cryptocurrency market. Advertisements Data provided by Santiment reveals a significant decrease in the amount of BTC and […]

cryptocurrency May 19, 2023

Advertisements Security expert Jameson Lopp said some users lost Ethereum tokens because of the lack of a secure storage method. The demand for Ethereum self-custody solutions is growing, according to Jameson Lopp, co-founder and chief technology officer of Bitcoin wallet provider Casa. In a conversation with Cointelegraph at Bitcoin 2023, Lopp stated that Casa has […]

cryptocurrency May 19, 2023

Ethereum gas consumption landscape is transforming significantly as Non-Fungible Token (NFT) marketplaces no longer dominate the network’s gas usage. According to a report by Nansen, a crypto analytics platform, NFTs have fallen behind in doing the most in Ethereum gas fees.  Advertisements Notably, while Ethereum’s transition to proof-of-stake, in an event known as “The Merge,” is […]

cryptocurrency May 19, 2023

Advertisements For the second time, a roll-up’s daily active addresses surpassed those of Ethereum. Sentiment around ETH remained negative last week, but network growth and funding rates were high.  Ethereum’s [ETH] daily active addresses were stagnant for quite a few months. While ETH’s metric plateaued, roll-ups, on the other hand, flourished. Is your portfolio green? […]

cryptocurrency May 18, 2023

Advertisements Summary: Ethereum stakers have locked up over 2 million tokens so far in May alone, setting a new all-time high. Dune analytics data showed that daily ETH withdrawals have also slowed down after Kraken’s massive unlocks. Nansen’s Martin Lee noted that staking deposits post-Shanghai indicate strong overall confidence in both the blockchain and ETH […]

cryptocurrency May 18, 2023

Ethereum (ETH) recently witnessed a remarkable event that sent ripples of excitement through the crypto community. An Ethereum whale emerged from a prolonged slumber, making a substantial return to the scene after remaining inactive for more than two years.  Advertisements A “whale” is a term used to describe individuals or entities holding significant amounts of cryptocurrency.  […]

cryptocurrency May 18, 2023

Advertisements Celsius kickstarted the process to unstake its long-staked Ether coins on Lido. CEL’s price continues to plummet as distribution remains unabated.  According to data from blockchain explorer for the Ethereum network Etherscan, bankrupt crypto lender Celsius Network [CEL] has commenced the withdrawal of staked Ether coins [ETH] from Lido Finance. This was following the […]