Ethereum preparing a ‘bear trap’ ahead of The Merge — ETH price to $4K next?
An ascending triangle setup promises major price rebound in the Ethereum price in 2022. Go to Source Powered by WPeMatico
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Cosmos price rebounds 45% in one week despite Terra’s debacle — what’s next for ATOM?
ATOM’s ascending triangle setup opens up the possibility for another major crash by June 2022. Go to Source Powered by WPeMatico
Price analysis 5/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low. Go to Source Powered by WPeMatico
Cloudflare to run Ethereum node experiment to help ‘build a better internet’
“Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated. Go to Source Powered by WPeMatico
Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus
Cloudflare, an internet services and DDoS protection company, has announced a new strategy regarding its Web3 experiments. The company revealed it will run Ethereum validator nodes as part of its commitment to help to scale the internet by using proof-of-stake (PoS) consensus technologies. This will ostensibly allow the company to access the energy efficiency and … Read more
Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto Report
“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated. Go to Source Powered by WPeMatico
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have been … Read more
Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip. Go to Source Powered by WPeMatico
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s $112.29 billion, losing 51.38% in 42 days. Defi TVL Plunges More Than … Read more
Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern
ETH’s price risks declining further despite rebounding over 20% in the last three days. Go to Source Powered by WPeMatico