Ethereum (ETH) price undergoes an instant surge of 3.8% in just two hours. The price soared up to $1,726.62. The largest altcoin in the crypto market was expected to experience its golden period after the PoS consensus upgrade. But reality differs from it. Post the change of mechanism in September
It was revealed on Wednesday by Lido Finance, the biggest Ethereum liquid staking platform, that withdrawals of Lido-staked ETH (stETH) will likely be postponed until May, after the successful completion of all ongoing audits of Lido V2 codes. On March 15, Lido tweeted an update about the staking mechanism for
On Tuesday, investors shrugged aside the long-term repercussions of a regulatory clampdown on crypto-friendly banks, while U.S. consumer price index (CPI) data pointed to decreasing inflation in the coming months, sending bitcoin and ether temporarily over $26,000 and $1,770, respectively. Both prominent tokens dropped as much as 5% from their
With his reelection, Chinese President Xi Jinping has begun his third term, which will have significant repercussions for domestic Chinese cryptocurrencies like Conflux (CFX). Conflux (CFX) has risen in value for the third day in a row as the cryptocurrency market as a whole experience a recovery in the midst
Shiba Inu (SHIB), the second biggest meme currency, rose in value by 6% during the last day. After the recent bank failures in the United States, the positive momentum indicates a rebound. At press time, Shiba Inu was worth $0.00001170, according to statistics from CMC. The market cap of SHIB
Since heightened volatility during pre-market hours on Monday, significant bank stocks have been suspended in the wake of Silicon Valley Bank’s demise. That led equities to witness a crucial selloff. Also, the shares of First Republic Bank dropped by more than 60% due to a cascading effect from the second-largest
On Monday, the value of Filecoin jumped by 29% in anticipation of the release of the Filecoin Virtual Machine (FVM). In addition, the trading volume has increased by 227% in the last twenty-four hours, suggesting a surge in interest among investors. On March 14 at 15:14 UTC, or epoch 2,683,348,
The largest cryptocurrency, Bitcoin ($BTC), starts the week with significant price changes. BTC soared more than 9.5% in the last 24 hours after plunging as low as the $19 range over the weekend. Also, the biggest altcoin, Ethereum ($ETH), rose by almost 10%. The price of Bitcoin is skyrocketing as
Circle, the company behind the USDC, said in a statement that the stablecoin will once again be exchangeable for dollars at a rate of one-to-one beginning on Monday. As a result of the unexpected closure of SVB on March 11, the company has developed a strategy to draw into its
After a promising start, crypto has taken a beating this year, with external factors being at fault once again being the primary cause. As a consequence, bitcoin and other cryptocurrencies have suffered, contributing to yet another shift in public opinion. Several cryptocurrency-related organizations and projects collapsed last year, leading to
