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cryptocurrency March 5, 2024

Advertisements SEC postponed its verdict on the applications for spot Ethereum ETFs from BlackRock and Fidelity. Price of ETH remained unaffected and continued to grow. The United States Securities and Exchange Commission (SEC)  decided to postpone its determination on the approval or rejection of Ethereum [ETH] exchange-traded funds (ETFs) submitted by BlackRock and Fidelity, according […]

cryptocurrency March 4, 2024

Advertisements In February, Lido’s fees and revenue reached their highest levels. The protocol also recorded significant growths in TVL and staking APR in the last month. Monthly fees and revenue for the leading liquid staking protocol, Lido Finance [LDO], closed February at their highest levels ever, according to DefiLlama data. This was due to the […]

cryptocurrency March 3, 2024

Advertisements ETH L2s handled nearly 10x more transactions than the base layer in the last seven days. TVL on ETH L2s jumped 65% YTD. Ethereum [ETH] layer-2 (L2) solutions carried on the strong momentum generated in the last year to 2024 as well. Ethereum scales and how According to a recent post by on-chain analytics […]

cryptocurrency March 2, 2024

Advertisements This happened despite ETH’s total supply in profit hitting 94.87% at press time. As the liquid supply shrinks, investors might have to shell out more to purchase coins. More than $900 million worth of Ethereum [ETH] was withdrawn from centralized exchanges over the week. According to on-chain analytics firm IntoTheBlock, this marked the eighth […]

cryptocurrency March 1, 2024

Advertisements A sell signal emerged on the 3-day chart as Ethereum approached the $3,500 resistance level. Ethereum Foundation’s wallet added 4,000 ETH to Kraken, raising questions. Ethereum [ETH], which was riding the coattails of Bitcoin’s [BTC] recent surge, found itself at a crucial juncture, prompting traders to exercise caution as new data signaled potential shifts […]

cryptocurrency February 29, 2024

Amidst Ethereum’s [ETH] recent 16% surge in the past week, Jim Cramer, a respected market analyst and TV host, predicted that Ethereum ETFs’ will become the next big thing.  Advertisements On the 28th of February, Jim Cramer took to X (formerly Twitter), drawing parallels between Bitcoin’s [BTC] ascent and Ethereum’s surge to $3,400, said,  “Given […]

cryptocurrency February 28, 2024

Advertisements For every loss-making transfer on the network, about 2.3 transfers were found to be profitable. All ETH holders were realizing gains over 20% on their investments on average. Ethereum [ETH] broke through $3,300 as bullish momentum into the world’s second-largest cryptocurrency continued to propel it upwards. At press time, ETH was up 2.61% in […]

cryptocurrency February 27, 2024

Advertisements Ethereum surpassed $3200 at press time. FTX and Alameda’s ETH deposit raised questions about potential impacts on prices. Ethereum [ETH] recently surged past the $3200 mark, instilling optimism among holders. However, lurking beneath this positive momentum were potential challenges, with data revealing interesting moves by significant players that might cast shadows on ETH’s future. […]

cryptocurrency February 27, 2024

Advertisements A wallet seemingly belonging to Justin Sun accumulated a substantial amount of ETH. Market sentiment and most indicators looked bullish on ETH. Ethereum [ETH] has been sitting comfortably above $3,000 over the past 24 hours, thanks to its bullish price action. The trend seems to have carried forward to this week, as ETH’s daily […]

cryptocurrency February 26, 2024

Advertisements Ethereum bulls have strong support just below the $2900 mark. A rally to $3500 could commence if the bullish sentiment continues to intensify. Ethereum [ETH] sailed above the psychological $3000 resistance on the 25th of February. It closed the daily trading session at $3014 on the 20th, but ETH dipped to the $2900 area […]