A significant amount of the Bitcoin (83%), Ethereum (84%), and XRP (81%) supply is profitable, according to a recent publication by Santiment. Movements outside of the 55–75% range have traditionally been seen as low risk, while those within the range have been seen as average. The PSP indicator tracks the
The decentralized exchange (DEX), dYdX, has emerged as a formidable leader, surpassing long-standing frontrunner Uniswap in daily trading volume, as per recent data from CoinMarketCap. This significant achievement comes on the heels of dYdX’s strategic move from the Ethereum blockchain to the Cosmos ecosystem with the launch of its version
“Cancun-Deneb” or “Dencun,” the latest Ethereum network upgrade, has reportedly gone live on the Goerli testnet as of January 17th, according to a post by Ethereum developer Parithosh Jayanthi. The upgrade was postponed for around four hours due to an error, according to Jayanthi. The network got back up once
In the wake of Bitcoin’s consolidation following the approval of ETFs, Ethereum (ETH) has emerged as a frontrunner in the crypto market, making notable strides with a 1.65% surge, currently trading at $2,567 with a market cap of $308 billion. The second largest cryptocurrency, ETH, is currently undergoing a corrective
As the cryptocurrency market continues to evolve and mature, investors are constantly on the lookout for tokens that offer both stability and growth potential. In this ever-changing landscape, two standout tokens have captured the attention of seasoned and novice investors alike: Ethereum (ETH) and Retik Finance (RETIK). These tokens have
Glassnode statistics shows that the number of active validators on the Ethereum Proof-of-Stake (PoS) network reached a year-to-date low on January 12th. Decline started on January 4th, coinciding with a record-breaking 17,821 validators willingly leaving the network’s validator pool. This pattern surfaced the day after leading crypto investment services firm
The 6th Annual Blockchain Futurist Conference, Canada’s largest and longest-runningblockchain event, is set to make its grand return at the Rebel Entertainment Complexand Cabana in Toronto, Canada, on August 13-14, 2024. Renowned for being one of theworld’s longest-running mega conferences in the Web3 sector, this year’s eventpromises an even more
Ethereum (ETH) is one of the world’s most popular and influential cryptocurrencies, powering a vast network of decentralized applications (DApps) and smart contracts. However, Ethereum is not without its challenges, such as scalability, high fees, and environmental impact. As the crypto space evolves, new alternatives emerge that aim to address
The first deadline for the Securities and Exchange Commission to approve spot Ethereum exchange-traded funds is in May, but JPMorgan isn’t placing major bets on it. According to JPMorgan’s Nikolaos Panigirtzoglou, if the SEC wants to approve spot Ethereum ETFs in May, it should consider Ethereum a commodity, like bitcoin,
In a compelling showcase of strength, Ethereum (ETH) continues to outshine its counterparts in the cryptocurrency market, boosted by recent price movements and the approval of the Bitcoin ETF. The digital asset maintained a positive trajectory, surging above the crucial $2,500 resistance and eclipsing Bitcoin by breaching the $2,680 barrier.
