Tag: ETH
-
Top Cryptocurrencies to Watch Amid Renewed Regulatory Scrutiny: SingularityNET, Ethereum, Cardano, and TRON Lead the Way
Several cryptocurrencies to keep an eye on in the upcoming week The cryptocurrency market is generating a lot of noise as we enter the week of February 13th, with all eyes on the digital assets that are expected to move the most significantly. The market has slowed down as a result of heightened regulatory scrutiny, […]
-
Rocket Pool Achieves $1 Billion in Total Value Locked, Revolutionizing Ethereum Staking!
Rocket Pool Surpasses $1 Billion in Total Value Locked According to DefiLlama, the Ethereum staking platform Rocket Pool reached a remarkable milestone of surpassing a total value locked (TVL) of one billion dollars. This achievement came less than two years after the launch of its mainnet for the decentralized finance (DeFi) protocol on November 9, […]
-
Are the SEC’s recent stake-taking and industry operations for Bitcoin and Ethereum part of a long-planned, concerted attack?
People on the outside view the SEC’s continuous efforts to reduce bitcoin staking in the U.S. as a calculated attack. The American regulatory agencies are pushing back against the bitcoin market. in relation to the nation’s cryptocurrency staking, in particular. Many business professionals disagree with the direction the U.S. Securities and Exchange Commission (SEC) has […]
-
Crypto Market Takes a Hit: Major Cryptocurrencies See Significant Losses
The market for cryptocurrencies is declining. Over the last week, the cryptocurrency market has seen a decline, with several of the top cryptocurrencies suffering significant losses. This follows a sustained phase of growth that began the year. Bitcoin Depreciates By market cap, Bitcoin is the most valuable cryptocurrency in the world. This week, it lost […]
-
Shapella Upgrade Boosts ETH Accumulation: Market Response and Future Prospects
Shapella Upgrade Approaching Final Launch Phase Ethereum has reported in a recent blog post that its Shapella mainnet upgrade is moving closer to its final launch phase after undergoing thorough testing and development. The much-anticipated upgrade will include several new enhancements, with the highlight being the consensus layer and stakeholder withdrawals. Withdrawal Eligibility Existing validators […]
-
Why Bitcoin Altcoins Moved Significantly This Week
Over the last week, there weren’t many encouraging developments in the cryptocurrency market. The Securities and Exchange Commission (SEC) of the United States has taken a strong stance against cryptocurrencies, fining exchange Kraken $30 million and ending its staking program there. Radix (XRD 1.86%) and Fantom (FTM -2.98%) both had losses of 25.3% and 28.8%, […]
-
Can the Bitcoin Decoding Ordinals NFT effort compete with ETH NFTs?
The surge in transactions drove a dramatic spike in bitcoin mining earnings. According to statistics from the cryptocurrency research firm Messari, the new Ordinals NFT platform on Bitcoin [BTC] has experienced exponential growth since mid-January. The New #Ordinals NFT project on Bitcoin aims to dispel the enduring myth that straightforward financial transactions should be the […]
-
PayPal Holds $604 Million in Cryptocurrencies on Behalf of Customers
On behalf of its clients, PayPal has $604 million in cryptocurrency. On behalf of its users, the financial behemoth PayPal held $604 million in several cryptocurrencies as of December 31, 2022, including Bitcoin ($BTC), Ethereum ($ETH), Litecoin ($LTC), and Bitcoin Cash ($BCH). Bitcoin accounts for the majority of cryptocurrency holdings. The majority of the cryptocurrency […]
-
Despite the weakening of the Ethereum market, these prices nevertheless provide advantages.
If BTC declines below the $21K region, a further decline may be probable. If the $1,540 support fails to hold, the decline in Ethereum [ETH] prices can deepen. However, if such a prolonged price decline does place, further short-selling chances may be had. In other recent news, Ethereum co-creator and ConsenSys founder Joseph Lubin is […]
-
Ethereum Price Struggles to Hold Ground as Bearish Divergence Emerges
Trading of Ethereum Near Important Support Level The price of Ethereum is now sitting just over the important support level of $1,520, which is not far from the important psychological barrier of $1,500. The next possible halt might be a decline to $1,400 if the ETH price is unable to keep its position and breaks […]