Amidst a continuous downturn in the NFT market, the Bored Ape Yacht Club (BAYC) has witnessed its floor price plummet to 17.55 ETH or $66129.98, marking a significant dip since August 2021, when it last dipped below 20 ETH. This decline represents a significant 189% decrease from its peak of
With over 3 million active users and with its TVL scaling beyond $600 million, the Base Network (a solution pioneered by Coinbase) has proven to be a successful train that keeps on moving. Typical of 1xBit to key into trends, it recently announced its inclusion of the network to further
Investors and market experts are taking notice of the substantial transaction that the Ethereum Foundation has completed, selling off $13.3 million worth of Ethereum (ETH). People are talking about how this action by the foundation, which is highly vital to the cryptocurrency industry, may affect Ethereum’s market position. Ethereum has
Vitalik Buterin, co-founder of Ethereum, lauded Reddit on Monday for its plan to include contributor ownership in its impending IPO. But he’s bummed out because Reddit’s contributors are subject to restrictions set by American law. Reddit is a prime platform for the cryptocurrency community to connect, debate, and share news,
Ethereum co-founder Vitalik Buterin has stepped in to try to correct the record about the acceptance of memecoins, in reaction to a twitter post by Roko Mijic criticizing the adoption of the asset class that caused a huge rise over the weekend. In the crypto space, the continuous memecoin surge
The cryptocurrency market constantly churns out new projects alongside established giants, making it one of the most dynamic and ever-evolving markets globally. Navigating this volatile environment as an investor can be difficult especially when trying to identify opportunities for maximizing profits. Although well-established players like Ethereum coin often maintain their
Cryptocurrencies are booming and investors are looking for the next big thing that can offer them maximum returns. Despite the dominance of coins like Ethereum, some new coins such as have emerged to become rival systems with various innovative aspects that make their profits unrivaled. This article discusses how factors
Shido, the layer-1 blockchain platform, witnessed a staggering 94% drop in its native token’s value within just 30 minutes, plunging from $0.007985 to $0.0002967. The tragic collapse came in the wake of a severe exploit detected in its Ethereum-based staking contract. The security firm PeckShield raised the alarm on Thursday
Cryptocurrency investors are on their never-ending hunt for the next gem that will give them the maximum returns in this pre-bull market. And, they often do not go only for the big names like Ethereum coin but often the project’s fundamentals play a crucial factor. Ethereum is always known as
While individual users are much more positive on bitcoin, a recent analysis from Bybit research indicated that institutions are over-allocating their capital to ethereum (ETH). According to Bybit, ether is now the one asset that institutions own the most of, and this might be due to an expected price increase
