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ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%
2.5.2022
The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review....
Ethereum burning spikes to new high on Yuga Labs’ NFT hype
2.5.2022
Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH or 56% of all burns during that period
Bitcoin and Ethereum Fluctuate, TRX and FTM Surge
2.5.2022
Bitcoin price extended its decline below the USD 38,200 level but it found support near USD 37,500 and move higher again. BTC is currently (04:09 UTC) trading above USD 38,700 and is up almost 2% in a day and is down 2% in a week. On the upside, the bears might remain active near USD 39,200...
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
1.5.2022
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It seems a flood of inbound transactions on Saturday caused Solana’s...
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
1.5.2022
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value...
BAYC Team Raises $285M With Otherside NFTs, Clogs Ethereum
1.5.2022
The virtual land rush for the ape-centered metaverse project has already cost traders more than $176 million in fees alone
Smart money is accumulating Ethereum even as traders warn of a drop to $2.4K
30.4.2022
Short-term analysis sets a $2,400 price target for ETH, but data shows smart money continues to accumulate in anticipation of the Merge
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend
30.4.2022
Bitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures. The current uncertainty surrounding next week’s Federal Reserve meeting has seen prices consolidate for most of the week, with Saturday being no different. Bitcoin...
How DAOs Can Adopt Best Practices for Treasury Management in a Bear Market
30.4.2022
Kevin Chan is the treasurer of UMA, an optimistic oracle used to build decentralized applications in DeFi and Web3, and a former managing director at Goldman Sachs.
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April is financial literacy month in the US, which is always a good time to do some financial housekeeping and to review best...
There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits
29.4.2022
In recent times, cryptocurrencies that burn tokens have been very popular and a number of well known blockchain projects have destroyed large sums of digital assets. While a number of crypto projects have different burn schemes, the overall effect is usually the same, as destroying tokens reduces...
Price analysis 4/29: BTC, ETH, BNB, SOL, LUNA, XRP, ADA, DOGE, AVAX, DOT
29.4.2022
Bitcoin’s inability to hold above $40,000 has traders now targeting extreme lows in the $25,000 zone, a move that would be absolutely deadly for most altcoins
DeFi Transactions at One-Year Low, NFTs and Games Standing Strong
29.4.2022
Transactions related to decentralized finance (DeFi) applications have hit a one-year low, with DeFi being the niche within crypto that is most affected by this year’s downturn in crypto prices, a new report from the decentralized application tracking site DappRadar has said....
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Crypto Adoption Continuing in Developing Countries Despite Price Drop
29.4.2022
Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said....
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Bitcoin, Ethereum Technical Analysis: Crypto Uncertainty Continues, as BTC Drops Again
29.4.2022
Crypto prices continued to seesaw on Friday, as both bitcoin and ethereum fell into the red, after a short lived rally on Thursday. Bitcoin was once again below $40,000 during the session, while ethereum extended its recent spell of trading below $3,000. Bitcoin Bitcoin (BTC) once again fell below...
DeFi on Ethereum L2 Networks Sees Significant Growth, Even as Ethereum Fee Level Falls
29.4.2022
Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by a massive 964% in the first quarter compared to the same quarter last year, even as average transaction fees on Ethereum’s base layer fell by 80%....
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Layer 2, Decentralized Exchanges Show Strong Growth on Ethereum in Q1 2022
29.4.2022
However, the average daily active addresses increased nominally, implying most growth came from existing users
Eth2 deposit contract now holds 10% of the circulating ETH supply
29.4.2022
The ETH 2.0 deposit contract can only be unblocked after the PoS transition, postponed to the latter half of the year
Bitcoin and Ethereum Fail Near Crucial Juncture, NEXO Rallies
29.4.2022
Bitcoin price spiked above USD 40,000, but there was no upside continuation. It is currently (11:49 UTC) trimming gains and trading below USD 38,900. BTC is down 2% in a day and more than 3% in a week.
Similarly, most major altcoins are trimming gains. ETH declined heavily after it failed...
Bitcoin and Ethereum Remain Supported, BNB Moves Higher
29.4.2022
Bitcoin price started a fresh upside correction from the USD 38,500 zone and was able to surpass the USD 39,500 resistance level. It is currently (04:00 UTC) consolidating and eyeing an upside break above the USD 40,000 resistance. BTC is almost unchanged in a day and down almost 3% in...
Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales
28.4.2022
While there’s a number of bitcoin whales that often get caught by blockchain parsers and written about in media reports, ethereum whales get a lot less attention. According to statistics in 2022, there are a lot more ethereum whales than holders with large sums of bitcoin. In fact, while...