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cryptocurrency May 31, 2023

Advertisements The amount of ETH staked grew by 11% since the Shapella Upgrade. Over 60% of the stakers were in losses since they locked their ETH on the network. Users in the crypto space have shown significant interest in Ethereum [ETH] staking since the Shapella Upgrade went live last month. Following a successful test of […]

cryptocurrency May 30, 2023

Advertisements Transactions on the Dogecoin blockchain exceeded that of Bitcoin and Ethereum combined. The hike affected the hashrate as new tokens increasingly minted. Dogecoin [DOGE] witnessed a surge in transaction count, as it surpassed a daily count of two million buying and selling activity on 28 May. The hike means that the meme coin could […]

cryptocurrency May 29, 2023

Advertisements Ethereum’s balance on exchanges reached a new 5-year low.  Supply held by top addresses increased, and metrics looked bullish on ETH.  Ethereum [ETH] has once again crossed the $1,800 mark and was fast approaching $2,000 at press time. However, despite its green chart, whales seem to have been selling their assets. A decline in […]

cryptocurrency May 28, 2023

Advertisements The hike in fees denotes a 5x increase from the value when the year began. Among all L2 projects, Arbitrum remains the one with the most market share.  Layer two (L2) solutions under the Ethereum [ETH] blockchain have sustainably gained traction as a means of addressing the network’s scalability and high transaction fees. As […]

cryptocurrency May 27, 2023

Advertisements Blur’s NFT lending protocol witnesses a massive spike in activity. Ethereum NFTs such as CryptoPunks, Azuki and Milady Makers take the spotlight. The NFT market has been seeing lots of volatility, as interest in the space hasn’t been as consistent. However, the performance of Blur Blend could indicate a turn in tides. Is your […]

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 […]