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The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore, ethereum classic’s market valuation has dropped by two positions and lost 26.7% … Read more
There’s little to smile about for Bitcoin bulls as the weekly candle nears completion at nearly the same place as two years ago. Go to Source Powered by WPeMatico
After struggling with prices all week, Bitcoin and Ethereum remain flat as trading volume drops this Saturday significantly. The global cryptocurrency market cap remains below the $1 trillion level, currently at $943 billion. This signals the bears are on the playing field, and with last week’s 0.75% interest rate hike by the Fed, the market … Read more
Staked ETH is more capital efficient and more profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity. Go to Source Powered by WPeMatico
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading … Read more
Dogecoin rallied to a one-month high to start the weekend, as markets marginally rebounded on Saturday. The token rose by as much as 10% in today’s session, racing past a key resistance in the process. Solana was another notable gainer, as it hit an 11-day high. Dogecoin (DOGE) Dogecoin was one of Saturday’s most notable … Read more
Following what has been a turbulent week of trading, bitcoin prices consolidated to start the weekend. The token rose marginally above the $19,000 level on Saturday, hovering near a three-month low in recent days. Ethereum was also consolidating in today’s session, as prices moved back above $1,300. Bitcoin Bitcoin (BTC) rose marginally above $19,000 on … Read more
Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days ago. The news further follows Tether being ordered by … Read more
The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week. Go to Source Powered by WPeMatico
After a brief bullish run and recovery on Thursday, Bitcoin and Ethereum prices continue to struggle with support. This week’s 0.75% Fed interest rate hikes created significant bearish momentum for global and crypto markets. It’s not surprising that crypto markets show little improvement this Friday as stocks opened in the red, with the Dow Jones … Read more