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ShibaSwap Causing Hike in Ethereum Gas Prices


The high gas fees associated with Ethereum are attributed to the record growth in the DeFi transactions achieved by ShibaSwap. The protocol has recently tweeted that it has created history by having more than 1 billion dollars of the total value that has been locked on its platform in one day....

Bitcoin and Ethereum Continue To Fail Near Key Hurdles


Bitcoin price climbed above the USD 34,000 resistance zone, but it failed to continue higher. BTC failed to clear the USD 35,000 resistance and it trimmed most of its gains. It is currently (12:11 PM UTC) consolidating below USD 34,000, with many important supports on the downside. Similarly, most...

Crypto Market Sentiment Goes Up Again, Led by Uniswap and Ethereum


We're seeing a rise in the market sentiment for the second week in a row now. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins went from 4.87 recorded a week ago to 5.03 recorded this week, according to the data provided by the market sentiment analysis service...

Power Ledger Migrates to Solana But Keeps Its Token On Ethereum


Some projects are still leaving the Ethereum (ETH) blockchain, despite the incoming improvements - as Australian energy trading technology company Power Ledger (POWER) leaves it for more centralized Solana (SOL)-based platform, "tens of thousands of times faster than Ethereum." However...

Bitcoin, Ethereum and Altcoins Show Positive Signs


Bitcoin price started a fresh increase above the USD 33,500 resistance zone. BTC climbed above the USD 34,000 resistance, but it is currently (04:35 UTC) facing resistance below USD 35,000. A daily close above USD 35,000 could start a steady increase in the near term. Similarly, most major altcoins...

US Senator Invests in Bitcoin and Ethereum via Grayscale


U.S. Senator Patrick Toomey has declared investments in Grayscale’s bitcoin and ethereum trusts. His declaration shortly followed one by fellow congressman, U.S. Representative Barry Moore, who declared that he had invested in dogecoin, ether, and cardano. Senator Pat Toomey’s...

ETH, Alts Drop Against Bitcoin Again As Market Prepares For Next Move


Bitcoin price declined below USD 33,000 and it revisited the USD 32,200 support. BTC is currently (12:12 PM UTC) recovering above USD 32,500. If It settles above USD 33,200 and USD 33,500, there are chances of a steady increase in the near term. Besides, most major altcoins are struggling...

Ethereum’s London Hard Fork Scheduled to Commence on August 4


The highly anticipated Ethereum hard fork is expected to launch on August 4 at block height 12,965,000 according to Ethereum core developers. The London hard fork will add five Ethereum Improvement Proposals (EIPs) that aim to enhance the blockchain. However, the Berlin hard fork was postponed...

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