Mon, May 18

Ethereum Price Analysis: Trend Reversal in ETH’s Descending Channel Pattern

Ethereum (ETH) has recently displayed a Descending Channel Pattern on the daily time frame, indicating a prevailing bearish trend. However, it is important to note that technical patterns are not infallible and can sometimes provide opportunities for trend reversals. In this trade setup, we will explore the potential for a

June 19, 2023 2 mins read

Will ETH Reach $2K Despite the Decrease in Supply?

As per today’s record, the ETH supply is shrunken with a decrease of 0.23% from the total market supply. This is due to the Ethereum Merge which is a recent network update. However, the update transits Ethereum (ETH) from Proof-of-work (PoW) to Proof-of-stake (PoS) consensus mechanism.  With this, the ETH

June 2, 2023 2 mins read

Ethereum’s $2000 Aspiration Faces a Tug of War with Liquidations

Ethereum’s long positions have been on a tumultuous rollercoaster ride, with record-high liquidations topping $58 million in May. The digital asset, currently trending bearish around the $1,820 price range, has been entrapped within the $1,800 price range for a substantial period. Despite witnessing a minor surge, the potential for growth

May 28, 2023 2 mins read

Ex-CFTC Commissioner’s Statement on ETH Creates Confusion

Dan Berkovitz, the former CFTC Commissioner, mentioned in the latest episode of the Unchained podcast that there is a possibility of considering Ethereum’s native Ether token as both a commodity and a security.  In addition to his role as former CFTC Commissioner, it is worth noting that Dan Berkovitz also

May 24, 2023 1 min read

Ethereum Balance Now Visible on Google Search: A Game-Changer for Crypto Users

The cryptocurrency world is witnessing a groundbreaking development. Google now provides instant access to Ethereum (ETH) balances directly within its search results. This game-changing feature revolutionizes the way cryptocurrency users interact with their digital assets. By simply searching for an Ethereum address on Google, users can now view their Ethereum

May 12, 2023 2 mins read

Locked Ethereum Surges to Record High; Binance’s CZ Expresses Bullish Sentiment

The latest data from Nansen revealed some interesting numbers regarding locked Ethereum. According to the blockchain data and research platform, ETH locked hit an all-time high, touching 19,375,242 ETH. The data caught the attention of Binance CEO Changpeng Zhao, who recently took to his Twitter account to comment on it.

May 11, 2023 1 min read

What Next on Ethereum Roadmap After Shapella Upgrade?

The Ethereum roadmap remains extensive with several significant upgrades still in the pipeline. Over the next six months, Ethereum has planned upgrades to staking withdrawals, as well as various new applications that will enhance the blockchain’s security and provide a better user experience.  With the implementation of Proto-Danksharding, a new

May 5, 2023 2 mins read

Optimism Leverages Ethereum Attestation Service to Boost User Trust

Optimism, an Ethereum-based layer 2 companion blockchain, is going to utilize the Ethereum Attestation Service (EAS). The Ethereum Attestation Service (EAS) is an on-chain attestation system. That enables users to assess the integrity of the platform’s users and vouch for whether anything transpired on the blockchain. The Ethereum Attestation Service

May 5, 2023 1 min read

Cambridge AltFin Study Shows Ethereum Significantly Reduces Energy Usage

Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) has proven to be a resounding success, with a Cambridge Alt Fin study showing a 99.9% reduction in energy consumption. This milestone has garnered attention from industry leaders. Including Binance’s CEO, who has praised Ethereum’s efforts to create a more sustainable future

May 4, 2023 3 mins read

Binance’s New Liquid Staking Token to Strengthen DeFi Accessibility

Binance has launched a new token called Wrapped Beacon ETH (WBETH). This allows users with additional choices when it comes to using staked ETH in DeFi protocols. Users will be allowed to take part in DeFi initiatives outside of Binance with WBETH while still being able to collect the associated

April 26, 2023 1 min read