Summary: Ethereum blocks are consistently full since the rise of DeFi in mid-2020 The majority of Ethereum blocks are at 95% or more Blocks can only include a specific amount of transactions and users are consistently...
In brief: 9.2 Million Ethereum or 8.2% of ETH’s circulating supply is locked in DeFi Majority of the Ethereum is locked in the five protocols of Maker, Compound, SushiSwap, Uniswap and Aave If the ETH 2.0...
Summary: Ethereum reserves on crypto exchanges have hit a 2 year low Ethereum continues to be locked in DeFi and the ETH 2.0 deposit contract NFT marketplaces are also pushing up the demand of ETH outside...
Summary: The Ethereum network has seen a rise in daily active addresses Such an increment in network activity points towards Ethereum retesting $2k Ethereum balances on crypto exchanges continue to decrease Ethereum is probably being diverted...
In summary: Ethereum 2.0 deposit contract now holds 3.493 Million ETH worth roughly $6.568 Billion The value of these deposits will continue to increase as Ethereum charts a course above $2k The Ethereum community is ready...
In brief: Twitter CEO, Jack Dorsey will end the NFT auction of his first tweet on the 21st of March He will immediately convert all proceeds to Bitcoin and Donate to GiveDirectly.org Justin Sun has been...
Quick take: Meitu, a Chinese Technology Company, has purchased 379.12 Bitcoin and 15k Ethereum The purchase was made on the 5th of March at a cost of $22.1M and $17.9M respectively Meitu made the purchases as...
Quick take: Trading of NFTs is booming in the crypto-verse The top 3 NFT marketplace had a combined trading volume of $342 million in February 22 NFTs sold for more than $200k in the same month...
Quick take: Ethereum’s EIP-1559 is scheduled for implementation this July during the London hardfork EIP-1559 includes the implementation of a BASEFEE that will be burnt with each transaction Burning of the BASEFEE makes Ethereum a deflationary...
In brief: Tron’s founder, Justin Sun, has bid half a million USD for Jack Dorsey’s first Tweet on the Valuables NFT market Jack Dorsey listed the tweet for sale earlier today The Ethereum based Valuable NFT...
Summary: Charlie Lee has compared the current NFT boom to ICOs in 2017 and altcoins in 2013 He cites that NFTs are easy to create, simple and are bringing in new people into crypto Charlie Lee...
Summary: Ethereum’s top 10 non-exchange whales accumulated 1.03 million ETH in a single day This is the highest one-day accumulation in 6 weeks The Ethereum whales now own a combined 16.86 million ETH Ethereum’s price is...