Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin is still trading under $27,000, and the current downturn of the past few days has led analysts to predict a drop to the $20,000 range. Though anything is possible,…
Here’s how developers aim to store crypto inside NFTs
Developers have recently released an Ethereum Improvement Proposal (EIP) that introduces a novel approach to working with nonfungible tokens (NFTs). This system grants all NFTs the capability of having a…
Price analysis 5/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Price Analysis of BTC This article provides a price analysis of Bitcoin (BTC) and its performance over the past 24 hours. It looks at the current market prices and the…
Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin This section of the article discusses the current price of Bitcoin (BTC) and its performance over the past 24 hours. It also provides an analysis of the factors that…
US debt ceiling, declining trust in banks send ETH staking to record highs
In May, the amount of Ether (ETH) staked hit a record-breaking high of 2.96 million ETH, comprising approximately 2.46% of the total supply. The amount of ETH staked in May…
Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows
Ether’s (ETH) DeFi activity has been reduced in the bear market, and further competition from Ethereum’s yearly staking reward of 4% is expected, as per Glassnode analysts. Nevertheless, a narrative…
Here’s how developers aim to store crypto inside NFTs
Introduction Non-Fungible Tokens (NFTs) have become increasingly popular in the blockchain space in recent years. NFTs are unique digital assets that are stored on the blockchain, and they can represent…
US debt ceiling, declining trust in banks send ETH staking to record highs
US Debt Ceiling The US debt ceiling is a limit set by Congress on the amount of money the US government can borrow. It is an important part of the…
Cryptocurrency markets’ low volatility: A curse or an opportunity?
Cryptocurrency markets are well-known for their volatility, with large price fluctuations that can make or break investors. However, there are often times of relative calmness, which can be dull for…
Binance net outflows hit $778M on Ethereum since SEC charges: Nansen
The SEC’s lawsuit against Binance, alleging violations of various securities laws, has had a direct effect on both the cryptocurrency market and the exchange’s financial records. According to data from…