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After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92% dominance or $48.17 billion of […]Powered by WPeMatico
The Ether losses risk becoming steeper due to unfavorable technical and macroeconomic indicators.
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On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022. Ethereum Fees […]Powered by WPeMatico
The prominent rap stars Eminem and Snoop Dogg released a new music video that showcases the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection. The duo’s latest single called “From the D 2 The LBC” debuted at this year’s Apefest, an annual gathering for BAYC and Mutant Ape Yacht Club (MAYC) owners. From the […]Powered by WPeMatico
LUNA2 may have bottomed in June but who just who is buying this controversial token?
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ETH price faces headwinds from bearish technicals coupled with strong Ethereum investment outflows.
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One of Ether’s on-chain indicators signals the token has entered its bottoming out phase.
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Ether’s price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different?
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ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest.
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Peter Brandt noted that ETH could drop by 29% if the downside of a potential descending triangle chart pattern is completed.
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