Crytocurrency
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Market Analysis -
2 years ago
Traders warn that ETH’s price could fall to $1,700, triggering a “turbo nuke” in altcoins and altering the market structure of a struggling bull market.
Crytocurrency
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Market Analysis -
2 years ago
Thursday saw a renewed decline for Bitcoin as the leading cryptocurrency plunged to $40,090. A bounce followed, leading to a tight trading range between $40,300 and $40,900.
Currently, Bitcoin is trading at $40,800, down 5% in the last 24-hours. Howe...
Crytocurrency
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Market Analysis -
2 years ago
According to Footprint Analytics data, as of Feb. 7, Ethereum has burned 1,778,834 ETH since the London upgrade in August, equivalent to $5.5 billion at current prices. Polygon also announced the implementation of EIP-1559 in an upgrade to the main n...
Crytocurrency
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Market Analysis -
2 years ago
Polygon is perhaps the most popular alternative to transacting directly on the Ethereum baselayer (L1), giving users the opportunity to do fast transactions with low fees. Polygon (MATIC) is best known as a so-called side-chain to Ethereum, i.e. an E...
Crytocurrency
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Market Analysis -
2 years ago
In January, the trading volume across all NFT marketplaces exceeded $862 million, up 85% from December. According to Footprint Analytics, the number of major marketplaces grew to 40.
Footprint Analytics – Daily Volume of NFT Marketplaces
Then,...
Crytocurrency
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Market Analysis -
2 years ago
A group of Australian fintech panelists has expressed their bullish view about the price movement of the second largest crypto asset by market cap, Ethereum, in a recent survey carried out by Finder.
Ethereum to end the year at $6500
According to the...
Crytocurrency
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Market Analysis -
2 years ago
In a previous article, ‘Will Decentralized Storage Protocols Overtake the Cloud Storage Market?’ we compared four major decentralized storage protocols.
In this article, we see if Arweave’s concept of permanent storage can be an effecti...
Crytocurrency
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Market Analysis -
2 years ago
The price of ether (ETH) is back below $3000 trailing bearish movement in the general crypto market, following negative macro sentiments, most of all the threat of war in Ukraine.
Zooming out, there is no lack of positive development surrounding the...
Crytocurrency
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Market Analysis -
2 years ago
December’s crypto market slowdown became a full downturn in January. DeFi activity shrunk while the prices of BTC and ETH dropped. However, one asset grew faster than ever.
According to Footprint Analytics, DeFi‘s TVL failed to exceed $300 bill...
Crytocurrency
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Market Analysis -
2 years ago
Ethereum Layer-2 solution Optimism has fixed a critical software bug in one of its smart contracts on Ethereum. On February 2nd, the Optimism team was alerted by Jay Freeman of a critical bug in Optimism’s fork of the Ethereum Geth client software. A...
Crytocurrency
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Market Analysis -
2 years ago
Julien Gaillard, the former Chief Data Scientist at Twitter Spaces, announced on Twitter that he is leaving Silicone Valley social media giant to become Head of Data Science at DeFi lending platform Aave.
Source: Twitter
He said in that twitter’...
Crytocurrency
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Market Analysis -
2 years ago
The number of smart contracts running on the Cardano blockchain has been growing rapidly since the launch of the Alonzo hard fork in September 2021, which for the first time enabled the network to process smart contract code. The number of smart cont...
Crytocurrency
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Market Analysis -
2 years ago
Investment bank JPMorgan has calculated Bitcoin’s fair value at $38,000. This figure is 12% less than the actual price at the time, indicating overvaluation and suggesting a possible price drop to come.
On-chain analysis conducted by Glassnode ...
Crytocurrency
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Market Analysis -
2 years ago
Arweave is a decentralized cloud storage solution that aims to upend the traditional storage market using blockchain with the option of one-time payments plus added security benefits.
If it succeeds, Arweave could become a top chain in the Web 3.0 wo...
Crytocurrency
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Market Analysis -
2 years ago
On Jan 10th, the first stage of PulseX’s “sacrifice” ended, bringing total investment into the project to $1 billion and making it one of the largest funding rounds (albeit unofficial) in crypto history.
This comes just 4 months after the half-billi...