Ethereum traders reduce their bullish bets as ETH struggles reclaim $3K
ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end. Go to Source Powered by WPeMatico
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‘100x Lower Than L1 Fees’ — Alchemy Integrates Ethereum L2 Product Starknet to Increase Web3 Scalability
According to the startup Starkware, the team’s Ethereum layer two (L2) service Starknet has been integrated by the blockchain API and node service Alchemy. Developers can now leverage Alchemy’s infrastructure tools alongside Starknet’s zero-knowledge (ZK) rollup technology. Israel-Based Startup Starkware Partners With Alchemy On Monday, the blockchain startup Starkware announced the team has inked a … Read more
Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower as Commodity Prices Hit New Highs
Cryptocurrencies were once again trading lower on Tuesday, as markets were mainly focused on surging commodity prices. Crude oil climbed to a 14-year high of over $130 per barrel, whilst gold was fast approaching its own all-time high. Bitcoin Bitcoin was trading below $40,000 on Tuesday, as the volatility surrounding the war in Ukraine continued … Read more
Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer
Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well, hitting values not seen since … Read more
Ethereum’s TVL dominance drops to 55% as Bloomberg analyst paints $1.7K bearish target
Ethereum price has been increasingly in lockstep with the Nasdaq, but there’s a catch. Go to Source Powered by WPeMatico
Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster … Read more
Price analysis 3/7: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Market sentiment remains negative, but Bitcoin and altcoins are witnessing buying at lower levels, which could be a signal that the bottom is nearby. Go to Source Powered by WPeMatico
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
What is Solana, and how does it work?
Solana’s ambitious design aims to solve the blockchain trilemma; however, it still suffers from various drawbacks such as its vulnerability to centralization. Go to Source Powered by WPeMatico
Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion on Sunday morning (EST). Meanwhile, Ethereum’s dominance is 55.54% … Read more