Category: Ethereum

The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces. On March 14, the Ethereum Foundation urged network stakeholders to run tests using Kiln “to ensure a smooth transition on existing public testnets.” “We strongly recommend that

Being bullish on Ether (ETH) over the past four months did not pay off as its price dropped 44% from $4,600. The decentralized finance (DeFi) applications growth that fueled the rally faded away, partially due to network congestion and average transaction fees of $30 and higher. The cool-off period can also be attributed to excessive

Crypto analyst Nicholas Merten says that Ethereum (ETH) may possibly overtake Bitcoin (BTC) as the leading crypto asset this year. In a new video, Merten tells his 512,000 YouTube subscribers that the “flippening,” or the event of Ethereum’s market cap surpassing Bitcoin’s, is still a major possibility in this market cycle. “I know a lot

Nonfungible tokens (NFTs) were in a strong bull run from Jan. 1 to mid-February. During this time, OpenSea volumes topped $5 billion and then fell to $3.6 billion toward the end of February. This could have been a sign that the overall sentiment of the crypto and NFT market was correcting.  As Q2 approaches, the total

A leading digital asset manager says crypto investment products experienced outflows over the last week for the first time in seven weeks. According to the latest weekly CoinShares report, digital asset investment products suffered outflows of $110,000,000 last week. CoinShares says that the North American outflows of $80 million are likely a response to US

Bitcoin (BTC) has largely been directionless since the start of the year as the bulls have been buying on dips while bears are selling the rallies. This suggests that the price is consolidating in a large range with both the bulls and the bears waiting for the next trigger to establish their supremacy.  The short-term

Closely followed crypto strategist Justin Bennett believes leading smart contract platform Ethereum (ETH) is gearing up for a breakout this month. In a new strategy session, Bennett says that Ethereum is facing a diagonal resistance that has kept the market in a downtrend for about four months. “We have a trendline that extends from the

As rising inflation threatens to eat up further the purchasing power of the global fiat ecosystem, finding the perfect hedge against a falling economy has become the need of the hour — especially for the general public across the world.  Joining this discussion online, Tesla CEO Elon Musk asked publicly about the probable inflation rate

New on-chain data shows that some of the largest Ethereum whales in existence are investing in one of ETH’s primary competitors. According to the latest weekly numbers from WhaleStats, the top 100 largest Ethereum wallets are making significant investments in Wrapped Luna (WLUNA). Wrapped Luna is pegged to and can be swapped for Ethereum rival

BTC’s technical setup suggests a potential breakout to the upside and charts suggest DOT, SAND, RUNE and ZEC would be the first to benefit from any bullish price action.