The renowned analytics firm Santiment expects that the following week will be pivotal for the crypto sector, and may signal the beginning of a bull run if prices decouple from their current association with stock markets. It will clear any doubts whether the cryptocurrency market is still linked to the
Ethereum (ETH) has broken free from its bearish trap, surging above the $1,860 resistance level on November 2, and climbing to an 86-day peak. This bullish momentum has sparked fervor among investors trading ETH derivatives, and a key catalyst behind this newfound enthusiasm may well be the widespread anticipation surrounding
Vitalik Buterin, co-founder of Ethereum, recently sent 100 ETH to Coinbase, according to the on-chain analytics platform Spot on Chain. Buterin continues sending Ethereum to Coinbase as this is not the first transfer so far this year. 🚨 @VitalikButerin deposited 100 $ETH ($181K) to #Coinbase ~2hrs ago. Notably, since Sep
The crypto world has taken notice of Vitalik Buterin’s recent action of sending 100 ether (ETH) tokens to Coinbase. On November 1, Buterin sent about $181,000 worth of Ethereum to Coinbase. Given that Vitalik had earlier said he hadn’t sold any ETH for personal gain since 2018, this decision has
Co-founder Vitalik Buterin believes that Ethereum’s layer-2 ecosystem will continue to develop with new and interesting technical proposals. On his personal blog, Buterin laid out the present state of Ethereum’s scaling ecosystem, which includes various layer-2 protocols with varying approaches to delivering more scaling capacity, cheaper prices, and higher security.
Despite the devastating impact of the 2022 crypto winter that has claimed dozens of projects, Origin Protocol, a vibrant crypto ecosystem, has successfully clocked six years since its inception. Backed by top crypto investors like Pantera Capital, Alexis Ohanian, BlockTower, among many others, Origin Protocol has grown to a mature
Ethereum, the second-largest cryptocurrency by market capitalization, has made notable moves in October. The currency reached a seven-month low of $1,521 mid-week but managed to hit a two-month high of $1,865 by breaking through the $1,700 resistance level at the end week. This two-month high was achieved four days ago
A crucial indicator still indicates considerable volatility for Bitcoin (BTC) despite the asset’s recent upward momentum due to the widespread expectation of the approval of a spot Bitcoin ETF. Santiment, a market intelligence firm, reports that whale activity and social volume in Bitcoin have dramatically decreased over the previous week.
DeFi’s total value locked, a key metric for programmable blockchains, is on the rise in the second layer solutions market, which is dominated by Ethereum. In spite of a lacklustre market, the net TVL of the 30 most popular platforms has increased by 32% over the past four months. The
The recent rise in Ethereum’s price is consistent with the market’s optimistic mood. The rising price of Bitcoin, driven in part by the prospect of Bitcoin ETFs, has had a salutary effect on the broader crypto industry. As a result of the market’s upbeat outlook, Ethereum, which is already a
