Bookmarking Crypto Insights
Auto Added by WPeMatico
“If Bitcoin were to catch up to Ethereum’s performance this year, the No. 1 crypto’s price would approach $100,000,” believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence. Go to Source Powered by WPeMatico
For years analysts have predicted that ETH’s market capitalization will flip BTC’s but data shows it’s still nothing more than a guessing game. Go to Source Powered by WPeMatico
According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects, the Wrapped Bitcoin protocol has 194,023 bitcoin-pegged ERC20 tokens in circulation. Over 250K Tokenized Bitcoin In Circulation Split Between 7 Ethereum Projects, Binance Smart Chain’s … Read more
The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily active players. Additionally, the game token utilized within the Axie Infinity gaming universe tapped an all-time high at $52 per unit 10 days ago. Despite being down 18% from the … Read more
Genesis Digital, a leading cryptocurrency trading, lending, and custody desk, released its Q2 reports, where it confirms what it calls the “emerging role” that Ethereum and defi have in the industry. The report also confirms that institutional interest in crypto is still rising despite the crash in prices the market experienced in Q2 2021. Genesis … Read more
The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London At press time, Ethereum is burning 5.9 ether per minute or $16.8K using … Read more
Bitcoin and most major altcoins are near critical overhead resistance levels, suggesting that the downtrend is very close to ending. Go to Source Powered by WPeMatico
One analyst says he is “not interested at all” in trading current levels as clear long-term resistance stays in play for both cryptocurrencies. Go to Source Powered by WPeMatico
New York Stock Exchange (NYSE) listed company Ethan Allen Interiors Inc. has changed its ticker from “ETH” to “ETD” to avoid confusion with Ethereum. Go to Source Powered by WPeMatico
The London upgrade has been a success, and now eyes are on the even more eagerly awaited merge with Eth 2.0 Go to Source Powered by WPeMatico