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Crypto’s youngest investors hold firm against headwinds — and headlines
30.5.2022
The market drawdown and UST/LUNA fiasco may discourage some retail newcomers, but younger investors remain captivated by crypto’s technology
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
30.5.2022
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even...
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
29.5.2022
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, Goblintown obtained $2.26 million in sales during the past 24 hours,...
Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%
28.5.2022
While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token (NFT) sales are down 17.32% lower than last week. Data also shows NFT floor values have tumbled a great deal during the past month as some of the most popular NFTs...
First Mover Americas: Ether Ends May 35% Down, Altcoins Lose Out
27.5.2022
The latest moves in crypto markets in context for May 27, 2022
Ether Accounts for Almost Half of $520M Liquidations Amid Weak On-Chain Data
27.5.2022
Traders of ether futures saw liquidations nearly double those of bitcoin in an unusual move
Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first
26.5.2022
ETH dropped below a key support in its USD and BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal
Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
26.5.2022
Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support
Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring’s ZK-Rollup Tech
23.5.2022
This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores...
ICO-Funded Project Sparkster Converts $22M in Ether to USDC After 3 Years, No Product
23.5.2022
Sparkster promised investors a “no-code” software creation platform using the $30 million in funds raised from investors in 2018
CFTC Chairman Confirms Bitcoin, Ether Are Commodities
23.5.2022
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer...
ETH Co-Founder Vitalik Buterin Says The Merge Could Happen in August, There’s Also ‘Risk of Delay’
21.5.2022
Following the statements from Ethereum developer Preston Van Loon at the Permissionless conference, Ethereum co-founder Vitalik Buterin has further confirmed The Merge will likely happen in August. Buterin noted, however, that it’s quite possible there’s still a risk of delay, and...
Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge
21.5.2022
According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million...
20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
20.5.2022
Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows
Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets
20.5.2022
Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first
Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion
20.5.2022
Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%....
Ethereum preparing a 'bear trap' ahead of The Merge — ETH price to $4K next?
20.5.2022
An ascending triangle setup promises major price rebound in the Ethereum price in 2022
Nearly 5,505 Ether, or $10M of the $625M Ronin Exploit, Are on the Move
18.5.2022
Thousands of ether connected to the Ronin exploiter address seem to be on the move via privacy exchange Tornado Cash, blockchain data apparently shows
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...
Bitcoin, Ether Hover Above Support Amid China Optimism, U.S. Futures Bump
17.5.2022
Crypto markets added 3.2% on Tuesday after nearly a week of steady declines