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

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

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

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

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

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

The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, or approximately 2.46% of the total ETH supply. The amount of staked ETH in May does not include withdrawals and is more than twice as big as the second-highest staked amount of ETH registered in February 2022. Monthly

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

Bitcoin (BTC) bounced near multiple support trend lines into June 2 as market indecision remained in force. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Traders bet on $27,500 BTC price ceiling Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $26,519 on Bitstamp after the daily close. The pair showed little

Optimism becomes LunarCrush’s coin of the day at a vital price point. OP curbs its downside after a resurgence of volume and is possibly headed for a pivot. OP, the native token for Ethereum’s layer 2 network Optimism had a great start in January and at the start of February. After that, it has mostly

A proposal to enable protocol fees for the Uniswap (UNI) decentralized exchange failed on June 1, potentially allowing liquidity providers to continue to earn all revenue from swaps, according to the proposal’s official webpage. It narrowly missed being passed, with 45.32% of votes going to the “no fee” camp and 42.34% voting to charge liquidity

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

While many beginners base their trades on the negativity brought about by devastating events happening within the crypto space, experienced traders base their decisions on different factors and are able to come out on top of others, even in a bear market.  Speaking with Cointelegraph, Dan Tapiero, the founder of growth equity funds 10T Holdings

Solana’s TVL as of 31 May stood nowhere close to its all-time high of $10.03 billion in 2021. However, Solana’s activity on the NFT front could be considered a highlight for the blockchain  Solana’s performance has been quite the mixed bag lately and underwhelming considering that it was seen as the Ethereum [ETH] killer at

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

Smart contracts on Cardano grew 22% on a year-to-date (YTD) basis. Cardano’s TVL saw a sharp recovery, growing by 17% in the past two weeks. Cardano [ADA] developer Input Output Global (IOG) announced the launch of Marlowe, a new smart contract creation tool set, on its mainnet. IOG also announced that the protocol was available