Ethereum risks crashing under $2K as ETH paints bearish ‘symmetrical triangle’ — analyst
The downside outlook appears as Ethereum billionaire addresses continue accumulating ETH supply. Go to Source Powered by WPeMatico
Ethereum 2.0
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Terra’s LUNA flips Ethereum becoming second largest network for staked value
Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value. Go to Source Powered by WPeMatico
Andreessen Horowitz invests $70M in Ethereum staking protocol Lido
The venture capital firm said Lido’s liquid staking solution removes many “operational complexities” institutional investors have faced in staking ETH. Go to Source Powered by WPeMatico
3 reasons why Lido DAO Token could be on the verge of breaking its downtrend
LIDO price made a double-digit move after the liquid staking platform added support for KSM and partnered with Apricot Finance to form a lending marketplace for SOL. Go to Source Powered by WPeMatico
Crypto community welcomes Ethereum zkSync testnet
The platform plans to scale up with a framework that allows for rapid growth without sacrificing the security and decentralization of Ethereum. Go to Source Powered by WPeMatico
Avalanche growth sparks third-party cross-chain bridges
Avalanche blockchain launched its own official Ethereum bridge in 2021, but now a third-party cross-chain bridge claims to reduce transaction cost even further. Go to Source Powered by WPeMatico
Ethereum hash rate scores new ATH as PoS migration underway
The hash rate surpassed 1.11 PH/s for the first time ever, breaking the previous high of 1.08 PH/s set on Jan. 13. Go to Source Powered by WPeMatico
ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether. Ethereum 2.0 Contract Exceeds 9 Million … Read more
OpenSea surpasses $3.5B in monthly Ether trading volume setting new ATH
OpenSea’s record-high daily volume on Jan. 9 was $261 million. Thus far in Jan., OpenSea has averaged $169 million in trading volume for each day. Go to Source Powered by WPeMatico
Ethereum options data shows pro traders expect strong resistance at $3,600
Derivatives analysis suggests that ETH will continue to bounce around in the $3,300 to $3,600 range for the short-term. Go to Source Powered by WPeMatico