It seems like forever ago, but the long-awaited Merge only occurred on the Ethereum network in September. The transition of the world’s second-biggest cryptocurrency to a Proof-of-Stake consensus was a seminal moment for the industry at large. Mooted for years, it finally happened, and despite the upgrade occurring during a bone-curdling bear market, it went … Read more
Ethereum (ETH/USD) has seen an increase in its value as well as network activity as whales have begun moving the cryptocurrency. Ethereum is the second largest cryptocurrency in terms of capitalization and stands out due to its smart contract support and vast ecosystem of decentralized applications (dApps), which power the Decentralized Finance (DeFi) space. Are … Read more
Paxful, a popular peer-to-peer (P2P) cryptocurrency trading platform, has announced it’s delisting Ethereum (ETH/USD)from its marketplace. According to Paxful founder and CEO Ray Youssef, the p2p crypto exchange is finally removing Ethereum as it looks to push forth with integrity as opposed to focusing on revenue. Are you looking for fast-news, hot-tips and market analysis? … Read more
Ethereum (ETH/USD) price had a difficult performance in November as concerns about contagion in the crypto market. It dropped to a low of $1,073 following the collapse of FTX and Alameda Research. It has recovered modestly in the past few days and is trading at $1,280, which is about 20% above the lowest level in … Read more
The decentralized blockchain oracle network Chainlink (LINK/USD), which is built on top of Ethereum (ETH/USD) as a means of enabling the transfer of tamper-proof data from off-chain sources on on-chain smart contracts, will introduce staking. Chainlink’s team made an announcement on November 30, 2022, that they will launch Chainlink Staking v0.1. Are you looking for … Read more
If you’ve been operating in cryptocurrency markets for any length of time, you don’t need us to explain that it’s becoming more saturated by the day. For all of the original ideas that launch, hundreds of copycats are spawned – and it’s no easy feat to filter the gold from the sand. Today we’re going … Read more
Google announced that it would launch a cloud-based node for Ethereum (ETH/USD) developers as well as projects, known as the Blockchain Node Engine. Ethereum is the second largest cryptocurrency in terms of market capitalization and has recently switched to the Proof-of-Stake (PoS) consensus mechanism. The network is known as a home for many Decentralised Finance … Read more
For crypto short sellers, it has been a good year. This week, however, the tables flipped. Ethereum spiked violently upwards from $1350 to above $1550, and short sellers were caught off guard. Over $300 million in short bets were liquidated on Wednesday, with another $255 million in wipeouts Thursday putting the total above half a … Read more