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altcoin

cryptocurrency June 14, 2023

Advertisements Net deposits on the Beacon Chain increased on the Lido pool.  L2 bridging grew by 5% as TVL fell. Even as a top liquid staking platform, Lido Finance [LDO] felt the impact of the turbulence. This was the case with many other assets in the market. During the period of unrest, the value of […]

cryptocurrency June 13, 2023

Advertisements Altcoins suffer from SEC’s lawsuit, boosting interest in Bitcoin and Ethereum as safe havens. Bitcoin and Ethereum dominance increases, and traders show more optimism towards ETH. Altcoins such as Solana [SOL], Cardano [ADA], and Polygon [MATIC] have experienced significant price impacts due to the SEC’s lawsuit against Coinbase and Binance. The SEC categorizing these […]

cryptocurrency June 12, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of […]

cryptocurrency June 11, 2023

Advertisements A further drop in ETH’s price could send the DeFi market into another round of liquidation. The DeFi TVL across all chains submerged. Ethereum [ETH] and assets linked to the Decentralized Finance (DeFi) sector are experiencing a wave of uncertainty in the market. Although ETH’s dominance in the smart contract space has been unwavering, […]

cryptocurrency June 10, 2023

Advertisements The ETH supply on exchanges dropped to its record low at the time of publication. Supply held by top non-exchange addresses has shot up. Ethereum [ETH] whales have increased their appetite despite the prevailing uncertainty in the market. One of these whale wallets, withdrew nearly 39,300 ETH in a series of transactions over the […]

cryptocurrency June 9, 2023

Advertisements Bitcoin and Ethereum defy negative market sentiment, witnessing a trading volume surge to month-high levels. Traders maintain a positive outlook on BTC and ETH as flows remain negative. Bitcoin and Ethereum, along with the entire cryptocurrency market, responded to the recent move by the Security and Exchange Commission (SEC). Nevertheless, there has been a notable […]

cryptocurrency June 8, 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 saw large volatility but was bearishly biased on the 4-hour chart. This downtrend was against the trend on the daily timeframe and presented a support zone to watch for a positive reaction […]

cryptocurrency June 7, 2023

Advertisements Dorsey supported a 2015 suggestion that Coinbase should focus on Bitcoin.  Twitter boss Elon Musk also chipped in to support Dogecoin. Twitter founder and long-term Bitcoin advocate Jack Dorsey claimed on Twitter that Ethereum [ETH] is a security and his comments have created a furore. Dorsey responded with “yes” to a question asking if […]

cryptocurrency June 6, 2023

Advertisements ETH’s daily active addresses and daily transactions have declined of late.  On-chain metrics gave hope for a price uptick in the coming days.  Ethereum [ETH] has witnessed quite a few interesting developments over the last few days. At first glance, it seemed that network usage had increased, while the rest of the metrics suggested […]

cryptocurrency June 5, 2023

Advertisements Ethereum’s non-zero addresses hit an all-time high as it surpassed 100.2 million. Ethereum saw a positive funding rate as bullish sentiment dominated. Ethereum’s [ETH] quest for the $2,000 price realm wound up after encountering numerous obstacles. Nevertheless, two crucial indicators consistently pointed towards a steady upward trajectory, signaling a growing fascination with accumulating and […]