The Ethereum network’s gas fees hit a six-month low, coinciding with a small weekend increase in ETH pricing. This, according to experts at crypto analytics platform Santiment, may be a precursor to a rebound in altcoins. Santiment recorded in an April 28 X post that the average cost of Ethereum
Today, the cryptocurrency market witnessed a mixed performance with a negative bias, particularly impacting Solana (SOL), a token known for its remarkable transaction speeds and scalability. Despite its advantageous features, Solana experienced a challenging period, reflected in a 5% decrease in its price over the past day and a 27%
The latest update from the cryptocurrency market shows a slight uptick in global crypto activity, albeit with some notable declines. The overall market capitalization dipped by 1.79%, to $2.33 trillion, and a 19.83% decrease in total trading volume, now at $63.56 billion. Bitcoin is facing challenges in maintaining support levels
As tensions rise within the Ethereum community, Vitalik Buterin, co-founder of Ethereum and a supporter of the network’s transition from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS) consensus mechanism, has provided some justifications for the change. In particular, American entrepreneur Amanda Cassatt’s X post prompted his response. According to Cassatt,
The Polygon ecosystem has achieved an all-time high (ATH) of 8.8 million in monthly active users (MAU) amid two significant announcements related to Franklin Templeton’s tokenized shares and Stripe’s stablecoin-led crypto payments. Over the past 3 months, active addresses across a few sub-sectors within the Polygon ecosystem displayed bullish rallies.
As the expiration date approaches for significant Bitcoin (BTC) and Ethereum (ETH) options contracts, the cryptocurrency market braces for potential volatility. With 96,000 BTC options and 990,000 ETH options set to expire, valued at $6.2 billion and $3.1 billion respectively, traders are closely monitoring market dynamics. The Put Call Ratio
As a result of all the recent buzz around stablecoins, Visa’s crypto division has released a new platform called the Visa Onchain Analytics Dashboard. It was after seeing a line chart made by well-known crypto enthusiast Nic Carter that Cuy Sheffield, Head of Crypto at Visa, decided to develop the
In a series of private sales to institutions outside the US, Worldcoin led by Sam Altman plans to raise the supply of its WLD token by up to 19% in the following six months. In a blog post published on April 23, Worldcoin announced that World Assets, a division of
Due to rising competition caused by the issuance of new tokens, the total quantity of stablecoins linked to the US dollar seems to be heading back up towards its previous all-time high. The Block Data Dashboard reports that the total supply of USD-pegged stablecoins reached $165 billion at the end
Recent events have sparked speculation over whether renowned crypto figure Justin Sun has purchased a large quantity of Ethereum (ETH). Assuming this is accurate, it may give the Ethereum price an additional push beyond $3,500 and beyond. An on-chain data provider Lookonchain has uncovered some interesting activity in whale wallets
