Optimism over the anticipated approval of spot Bitcoin ETF applications in the U.S. market has propelled Bitcoin to the forefront of the larger market rise over the last two months. However, there was a noticeable slowdown in crypto trading activity on the final non-holiday weekend of the year, which might
An unprecedented milestone has been reached by SOL, surpassing Ethereum in 24-hour decentralized exchange (DEX) volume the very first time since its inception in 2020. The Solana chain exceeded the Ethereum chain in DEX volume, according to statistics released by DeFiLlama on December 16. The Ethereum rollup chain Arbitrum was
Ethereum (ETH) has managed to bounce back, defying the recent dip in the crypto market caused by the news of a major hack targeting Ledger, one of the prominent crypto hardware wallet providers. According to CoinMarketCap, ETH is traded at $2,329, marking a1.92% increase in the past 24 hours. However,
A long-dormant Ethereum (ETH) whale has resurfaced, making a substantial deposit of 5,000 ETH worth approximately $11.3 million to Coinbase. This revelation comes from insights provided by Lookonchain, a leading crypto-analytics platform. Typically, when large deposits are made to crypto trading platforms by dormant whales, it often signals an intention
Cronos Labs, the pioneering force behind the Cronos ecosystem, has unveiled its latest leap into the realm of web3 innovation with the launch of the Cronos zkEVM testnet blockchain network. This layer-2 network, introduced on the Ethereum Sepolia testnet, marks the dawn of a new era in second-tier projects that
An ex-Ethereum adviser named Steven Nerayoff claims that the driving force to promote Ethereum always comes back to the lucrative gas fees. In a post on Twitter, Nerayoff made this claim and noted that when fees spike, a small group of powerful people, rather than the ordinary user, benefit. This
In a rollercoaster ride for the crypto market, Ethereum suffered a substantial decline in the past 24 hours, plunging below the $2,200 mark for the first time in a week. The flash crash on Monday triggered a flurry of activity and raised pivotal concerns among investors regarding the market’s stability
Bitcoin and Ethereum were in the forefront of the substantial decline that occurred in the crypto market today. However, according to recent market statistics from Coinglass, there is a significant difference in trading activity. Over $354 million was liquidated from long crypto traders in the previous 24 hours, while just
In the short time since its introduction, the Ethereum Layer-2 network Blast has achieved a new Total Value Locked (TVL) milestone, according to statistics from DefiLlama. According to the numbers, Blast’s TVL now stands at $837.02 million, up 27% from where it was seven days ago. The L2 solution had
Recent market trends indicate a promising trajectory for Ethereum (ETH), signaling a potential new era of growth for the cryptocurrency. With Ethereum’s price climbing and touching $2,402, suggests a solid bullish outlook driven by various factors. An investment firm’s report by VanEck has highlighted 15 projections for the cryptocurrency landscape
