Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
BTC and altcoins are dropping to retest lower support levels and bulls have yet to buy into the current dip. Go to Source Powered by WPeMatico
Ethereum
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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets
On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March. … Read more
NFT Sales Increased by 34% This Week, Azuki Takes Top Sales, NFT Interest Remains Low
Non-fungible token (NFT) sales have increased this week after a small 2.15% drop the week prior. During the last seven days, NFT sales are up 34.62% from $579 million to $779 million. The NFT collection with the most sales this past week was Azuki, as the collection’s NFT sales jumped 94.68% higher than the week … Read more
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,500, While BTC Continues to Consolidate
Following recent multi-month highs, BTC continued to consolidate on Monday, as markets marginally fell to start the week. In addition to bitcoin, the current uncertainty in crypto markets also pushed ETH lower, falling below its $3,500 level as a result. Bitcoin BTC was trading in the red to start the week, as the world’s largest … Read more
Vitalik Buterin is worried about Ethereum, here’s how the community responds
As Vitalik Buterin expressed worries about profit-focused players on Ethereum, the community responded with varying perspectives. Go to Source Powered by WPeMatico
An In-Depth Look at the 5 Most Profitable Bored Ape NFT Traders of All Time
Non-fungible tokens (NFTs) have been extremely popular during the last two years and in recent times, specific NFTs from certain collections, sell for hundreds of thousands or even millions of dollars per NFT. During the last 30 days, Bored Ape Yacht Club (BAYC) NFTs saw $257 million in sales volume. While people still question the … Read more
Average Ethereum Gas Fee Jumps to $20 per Transfer, L2 Fees Follow Rise
While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising once again on the second-largest cryptocurrency network in terms of market valuation. On Sunday, April 3, the average transaction network fee is around 0.0056 ether or $19.58 per transfer. Ethereum … Read more
Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%
On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues to dominate in terms of TVL, the defi … Read more
Shiba Inu Presents SHIB Metaverse With Over 100K Land Plots
Shiba Inu, the meme-coin project that mimicked dogecoin, has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices of the plots, which depend on their location, … Read more
AVAX traders anticipate a new ATH even as Avalanche DApp use slows
AVAX price posted a multi-month higher high, signaling that the altcoin’s downtrend is over, but a decline in network activity could weigh on the current rally. Go to Source Powered by WPeMatico