Ethereum

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Ripple [XRP] was in an uptrend on the higher timeframe price charts. While most of the rest of the market traded within a range or had a bearish outlook on the higher timeframes, XRP
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Top DeFi and GameFi tokens correlated with ETH on most occasions, but the altcoin king continues to outperform them. Interest in DeFi tokens has not been reignited. The Decentralized finance (DeFi) and Gaming Finance (GameFi) sectors operating on the Ethereum [ETH] blockchain have been growing in popularity, according to Glassnode. However, the same data mentioned
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Ether’s (ETH) DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to Glassnode analysts. However, a DeFi narrative is building around liquid staking derivative (LSD) tokens that could revive Ethereum’s network activity. The percentage of gas consumed by DeFi protocols has dropped
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The possible increase in the U.S. CPI and bank withdrawals could ensure Bitcoin’s price rise. BTC’s short-term projection remained bearish at press time.  BitMEX co-founder Arthur Hayes published a Substack newsletter, explaining why Bitcoin [BTC] will not lean toward $20,000 ahead of the next bull run. In an article titled “Patience Is Beautiful,” Hayes pointed
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Developers have recently published an Ethereum Improvement Proposal (EIP) introducing a new way to use nonfungible tokens (NFTs). With this system, all NFTs can have a smart contract account, allowing them to store other NFTs or crypto tokens.  Cointelegraph spoke with Future Primitive’s Jayden Windle and Benny Giang, the authors of EIP-6551, to explain the
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Bitcoin saw a surge in activity brought on by Inscriptions’ and Ordinals’ popularity. Miner revenue could see a boost due to increased activity; however, rising difficulty posed a challenge. Bitcoin [BTC] has been experiencing significant volatility over the past few months, with its price fluctuating between $25,000 and $30,000. This volatility has understandably made many
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NFT thefts amounting to $2.95 million in May raised concerns about the market’s security.  Despite a decline in overall NFT volumes, Blue Chips experienced increased demand. Recent data from PeckShield, a crypto cybersecurity firm, has revealed that in May, NFT thefts amounted to $2.95 million. This rise in stolen NFTs has raised concerns about potential
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Ethereum’s average fees returned to reasonable levels after reaching a high in 2023. NFT trades rise as gas prices drop, while self-custody and bullish sentiment boost Ethereum’s outlook. Ethereum [ETH] has long been infamous for its exorbitant gas prices, which has driven away users and forced them to seek alternative networks or solutions. However, there
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A new program from the Fantom Opera network (FTM) team will pay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the “Gas Monetization Program” will pay eligible developers 15% of the total gas fees their apps generate. Gas Monetization on #Fantom is live! ⛽ The program provides
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