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News

cryptocurrency May 26, 2023

Advertisements A recent surge in Multi-Collateral DAI repayments via wETH suggested a potential trend for Ethereum. Despite marginal losses, Ethereum’s current trading price and resistance zone indicated an interesting market landscape. The value of Ethereum, mainly its wrapped variant wETH, has historically been influenced by a metric called Multi-Collateral DAI repaid. Notably, there has been […]

cryptocurrency May 24, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements  ETH posted over 2% gains as of press time.  Long positions were discouraged.  Ethereum [ETH] started the week on a positive note, posting about 4% gains, since Monday (22 May). At press time […]

cryptocurrency May 22, 2023

The crypto-market has evolved into a dynamic landscape with various trading opportunities. One area that has gained significant traction is the Crypto Futures and derivatives market. With cryptocurrencies like Bitcoin and Ethereum taking center stage, investors and traders are delving into Futures contracts tied to these digital assets in pursuit of potential profits. Advertisements Is […]

cryptocurrency May 21, 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 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 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 […]