Price analysis 2/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and major altcoins are witnessing a tough battle between the bulls and the bears, indicating indecision in the near term. Go to Source Powered by WPeMatico
Ethereum
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Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023
Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today. However, while crypto assets such as bitcoin and ethereum saw gains of 30% or more in 30 days, privacy tokens like monero … Read more
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes
Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking after Tuesday’s session, Powell hinted that the Fed could continue to hike rates, should the data show the need for action. Bitcoin was also boosted by the news, climbing back into the $23,000 … Read more
ConsenSys founder ‘bullish’ on Ethereum following crypto winter performance
Ethereum co-founder and Consensus founder Joe Lubin says ETH’s relatively stable value through crypto winter is reason to be bullish about Ethereum’s future. Go to Source Powered by WPeMatico
Ethereum gas price spikes 29% in January as user activity grows: Report
Ethereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%. Go to Source Powered by WPeMatico
Avalanche (AVAX) price is up, but do fundamentals support the rally?
AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum. Go to Source Powered by WPeMatico
What are phygital NFTs, and how do they work?
Discover the unique world of phygital NFTs and how they combine the physical and digital realms to create a new level of ownership and authenticity. Go to Source Powered by WPeMatico
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the 11 liquid staking … Read more
Lido plans to level up ahead of Ethereum Shanghai hard fork upgrade
Liquid staking protocol Lido unveils upgrade plans for V2, set to unlock stETH withdrawals and introduce Staking Router architecture. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Rebounds, as Bulls Reject Breakout of Key Support Level
Bitcoin was trading in the green on Feb. 7, as prices rebounded following a near collision with a key support point. Bulls have so far rejected this move towards $22,500 and instead pushed prices higher. Ethereum also rallied, with prices continuing to trade above $1,600. Bitcoin Bitcoin (BTC) rebounded from Monday’s lows in today’s session, … Read more