Nearly after three years, PlanB, a Dutch institutional investor and Bitcoin analyst renowned for the Stock-to-Flow model, has recently slammed Ethereum (ETH), calling it a “centralized, premined shitcoin.” On April 20, PlanB posted on X (formerly Twitter), mentioning that “Ethereum is really not looking good now.” The post further called
After three rough weeks of downward pressure, the crypto market is finally showing signs of recovery. Bitcoin, which had dropped below $74.5K earlier this month, is now trading above $87K — bringing a wave of positivity across major altcoins as well. The overall sentiment has shifted from panic to cautious
The brief uptick in the crypto market cap has reached $2.75 trillion. The largest asset, Bitcoin (BTC), trades closer to $87.4K, while the largest altcoin, Ethereum (ETH), is trading within the bearish zone, and the asset couldn’t escape from the hold. ETH has formed a bearish trend line, and after
To make the Ethereum network’s execution layer faster and more efficient, Vitalik Buterin, a co-founder of Ethereum, has suggested swapping out the present Ethereum Virtual Machine (EVM) contract language for the RISC-V instruction set architecture. Buterin listed zero-knowledge EVM proving, reliable data availability sampling, and maintaining competitive block creation as
ETH and ADA tokens traded near the single cent mark during the year 2017. The value of ETH grew and topped $4,000 while ADA reached more than $3 throughout a few short years. Current cryptocurrency market participants seek outstanding potential tokens after failing to participate in the past explosive growth
Crypto assets remain trapped in the fear zone, with mixed signals across the market, triggering an uncertain price trajectory. The largest altcoin, Ethereum (ETH), continues to be held down by bearish pressure, slipping by 0.30%. The bearish territory established by Ethereum seems impossible to escape. An upturn could reinforce once
The Ethereum blockchain has been gradually losing its spark for the past few months with reduced on-chain activity. It was once the top blockchain network for all decentralized activities, such as dApps, DeFi, NFTs, etc. But it continues to lose ground to other sophisticated blockchain networks with more use cases.
Ethereum’s price has been on the rise, valued at $1,601. Within the last 24 hours, Ethereum recorded nearly a 2% growth that demonstrates its capacity to resist market changes. The market capitalization of Ethereum stands at $193.28 billion, and the daily trading volume reaches $14.26 billion. The value of the
Ethereum has displayed resilience in recent trading sessions, climbing nearly 9% over the past week despite signs of waning interest from large investors. The second-largest cryptocurrency is currently trading around $1,580, down more than 3% in the last 24 hours, as it tests a key descending resistance line. The recent
The bearish wave in the crypto market continues, with major assets taking a recent hit. Prolonged fear has led to mixed sentiment, and the largest altcoin, Ethereum (ETH), has posted a 3.74% loss. The bearish net that Ethereum weaved is enough to block the arrival of bulls. In the early
