An ex-Ethereum adviser named Steven Nerayoff claims that the driving force to promote Ethereum always comes back to the lucrative gas fees. In a post on Twitter, Nerayoff made this claim and noted that when fees spike, a small group of powerful people, rather than the ordinary user, benefit. This
U.S Senator Elizabeth Warren has been an outspoken opponent of the crypto sector, and she has now introduced a bill to make it more subject to regulation. Titled the “Digital Asset Anti-Money Laundering Act of 2023,” the measure requests that the United States Financial Crimes Enforcement Network (FinCEN) establish protocols
In a rollercoaster ride for the crypto market, Ethereum suffered a substantial decline in the past 24 hours, plunging below the $2,200 mark for the first time in a week. The flash crash on Monday triggered a flurry of activity and raised pivotal concerns among investors regarding the market’s stability
Bitcoin and Ethereum were in the forefront of the substantial decline that occurred in the crypto market today. However, according to recent market statistics from Coinglass, there is a significant difference in trading activity. Over $354 million was liquidated from long crypto traders in the previous 24 hours, while just
A turbulent start to the week as major cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), faced a bearish trend in intraday trading. BTC saw a significant dip of over 5% in the 24 hours, reaching a low of $41,649 before recovering to $42,510, as per CoinMarketCap data. Data from CoinGlass revealed
Total crypto market cap has increased by over 110% YTD, adding over $870B, with a significant 55% gain in Q4 alone, according to a new analysis by Binance Research. This upturn may indicate a change in market patterns, after a long period of inactivity following the cryptocurrency market’s 2021 peak.
Recent market trends indicate a promising trajectory for Ethereum (ETH), signaling a potential new era of growth for the cryptocurrency. With Ethereum’s price climbing and touching $2,402, suggests a solid bullish outlook driven by various factors. An investment firm’s report by VanEck has highlighted 15 projections for the cryptocurrency landscape
The altcoins have capitalised on the recent bullish momentum while bitcoin price witnessed a brief correction. The Ethereum price has reached its highest point in over 18 months. It wasn’t until early May 2022 that ETH traded above this level. Cryptocurrencies are a new danger to the US, according to
On Thursday, the Bitcoin (BTC) rally hit a snag, making way for other major cryptocurrencies like Ethereum (ETH) and Solana (SOL) to surge to a new 19-month high, spearheading the ongoing crypto market rally. In the past 24 hours, Ethereum (ETH) has witnessed a 6% increase, currently trading at $2,356,
Whales now possess a larger share of Ether than a year ago, according to IntoTheBlock. Recent reports suggested a significant growth in the holdings of Ethereum whales. An increase from 32% in January to about 35% was shown by the figures. There has been a noticeable rising tendency over the
