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cryptocurrency September 27, 2023

Advertisements Ethereum completed its transition into a proof-of-stake (PoS) mechanism on 15 September 2022. While ETH grew briefly at the beginning of the year, its price has trended downward since April. A year ago, leading Layer 1 (L1) blockchain Ethereum [ETH], transitioned from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) mechanism. How much […]

cryptocurrency September 27, 2023

Ethereum price is eyeing a recovery wave from $1,565 against the US Dollar. ETH could rise steadily if it settles above $1,600 and $1,620. Advertisements Ethereum is attempting a recovery wave above the $1,580 level. The price is trading above $1,590 and the 100-hourly Simple Moving Average. There was a break above a major bearish […]

cryptocurrency September 26, 2023

Ethereum liquid staking platforms are making waves in the decentralized finance (DeFi) ecosystem. Recent on-chain reports have revealed that liquid staking protocols have recorded a new milestone in the number of Ether (ETH) staked, reaching a staggering 12 million ETH mark in just a few days.  Advertisements Ethereum Liquid Staking Gains Momentum With Ethereum 2.0 […]

cryptocurrency September 26, 2023

Advertisements Total Ethereum staked has surged past 30 million. The ETH supply on exchanges has declined to almost a 5-year low. Ethereum’s [ETH] staking contract has been consistently growing, reaching an all-time high. What is the status of exchange inflows amidst this expanding ETH staking trend, and how significant is the presence of Lido Finance […]

cryptocurrency September 25, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum has a bearish market structure across multiple timeframes. The psychological support level at $1500 could face a retest in the coming weeks. Ethereum [ETH] has been in a rough spot on the […]

cryptocurrency September 25, 2023

The Ethereum blockchain is notable for its smart contract functionality and various other things. However, many might not be conversant with the challenges the network encounters. In a recent interview, Ethereum’s founder, Vitalik Buterin, revealed the biggest of them all. Advertisements Ethereum’s Biggest Challenge Speaking with CNBC, Buterin mentioned that the biggest challenge that the […]

cryptocurrency September 25, 2023

The Ethereum co-founder has been moving ETH to centralized exchanges recently. Moreover, Ethereum’s price, on-chain activity, and sentiment have been dwindling for the world’s second-largest crypto asset.  Advertisements On September 25, Lookonchain reported that Vitalik Buterin had just deposited 400 ETH valued at around $632,000 on Coinbase. The move may be innocent, but large sums […]

cryptocurrency September 24, 2023

Ethereum average transaction fee has hit its lowest point of the year, a change that aligns with reduced on-chain activity. Notably, this drop comes when the supply of ETH has transitioned back to an inflationary phase. Advertisements Blockchain analytical firm Santiment revealed that the transaction fees on the Ethereum network dropped to $1.15 per transaction, […]

cryptocurrency September 24, 2023

Advertisements The average transaction fees on Ethereum fell to its lowest level in 2023. ETH continued to move sideways. The average network fee paid to process transactions on the Ethereum [ETH] network has fallen to its lowest level this year, on-chain data provider Santiment noted in a recent post on X (formerly Twitter). 🤑 #Ethereum […]