Ethereum reserves on crypto exchanges have increased by 5.1% since May 18th Such an inflow of Ethereum hints of selling by investors Ethereum has turned bearish in the short-term Ethereum has lost the $2k support and...
In summary: Ethereum’s price had shown signs of weakness as daily active addresses and network growth had started fading Furthermore, exchange wallets exploded to a 6-month high signifying a possible top for ETH Additionally, Ethereum’s correlation...
Quick take: The total value locked in DeFi has just hit a new all-time high of $23.12 Billion This value is attributed to both Ethereum and Bitcoin gaining value in the crypto markets At the same...
Issues With (At Least) Ethereum-Based DeFi Over the past few months, the so-called “decentralized finance (DeFi)” market on Ethereum (ETH) has absolutely exploded. For those unaware, the idea is that to enable full freedom from the...
Digital Currency Group will purchase shares of the Grayscale Ethereum Classic trust worth $50 million Digital Currency Group is the parent company of Grayscale Investments The purchase will not be immediate and will depend on numerous...
Summary: Grayscale has added Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC) to its list of assets under consideration. The crypto-focused Wall Street Investment Firm known as Grayscale has expanded its list of assets under...
Summary: JP Morgan analysts expect the ratio of staked Ether to move towards the 60% average on other Proof-of-Stake blockchains. The bank added that yield returns could dip while the number of validators on Ethereum should...
Summary: Ethereum’s Shanghai upgrade meant to enable the withdrawal of staked ETH was successfully tested on Sepolia, a public testnet. The test simulated two crucial upgrades – Shanghai on the execution layer and Capella on the...
Fidelity Digital Assets will allow its clients to buy, sell and transfer Ethereum from 28 October.
In summary: The team at Weiss Ratings observe that large investors of Ethereum and Bitcoin have been adding to their holdings. Additionally, the month of March was capitulation month and the best time to buy BTC...
Summary: Seth Green is the latest victim of a phishing attack that targeted his NFT collection. According to the team at SlowMist, he lost 4 NFTs: 1 Bored Ape Yacht Club NFT, 2 Mutant Ape Yacht...
Quick take: The Ethereum Foundation is calling on developers to help build the ETH2.0 Ecosystem This will be in the form of community grants ETH2.0 mainnet deposit address is live with Phase 0 staking currently at...