Category: ETH

Can Bitcoin’s Price Hit $1 Million? Ark Invest Is Confident It Can Happen In 2030

Cathie Wood’s ARK Invest has made a mind-blowing prediction for the price of Bitcoin and Ethereum. According to their Big Ideas Summit 2022 (BIS 2022) report, Bitcoin may exceed a value of $1 million in 2030. Ethereum too will expand its market cap significantly to $20 trillion in the next decade. Both Bitcoin and Ethereum […]

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OpenSea’s Meteoric Rise May Trigger An Ethereum Crash, Here’s Why

The phenomenal rise of Non-Fungible Token (NFT) trading volume on OpenSea could be one culprit contributing to the tanking price of Ether (ETH). Data from Etherscan shows that in the past few weeks, OpenSea has been unloading thousands of ETH on the market. Similarly, NFT creators on the platform have been taking out profit according […]

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Buy The Dip Survey Shows 61% Of Chinese Bitcoin Investors Still Willing To Bet On Bitcoin

Crypto market participants everywhere are watching the market crash with keen guarded interest. In a recent survey conducted among Chinese crypto investors, the majority of them revealed that they would consider buying the dip in the price range of $30,000 per Bitcoin. Meanwhile, faint signals of bullishness still have analysts predicting that $100,000 is still […]

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Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer

Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer

According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether on Wednesday is $0.25 per transaction using […]

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Ethereum’s Futures Open Interest hit a 3-month low, what does this mean for the market?

Ethereum (ETH) futures open interest (OI) have nosedived to three month low on the Bitfinex cryptocurrency exchange. Coming after the recent massive futures market sell-off, the plunge in OI could spell some trouble for the Ethereum market. Is Ethereum futures getting liquidated? According to data from the dashboard of leading crypto market intelligence firm, Glassnode, […]

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ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion

ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion

The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether. Ethereum 2.0 Contract Exceeds 9 Million […]

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Total Value of ETH in 2.0 Deposit Contract skyrockets to an ATH of 8.9 million ETH

The amount of staked Ether (ETH) is at an all-time high of over 8.9 million ETH. At today’s value, the staked ETH is worth over $28 billion. Ethereum’s ETH 2.0 upgrade staking hits new milestone According to on-chain data from crypto analytics platform Glassnode, the total value in the ETH 2.0 deposit contract has reached […]

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Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%

Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%

Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped ​​8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23 billion locked today represents 9.84% dominance. Value Locked in Defi Takes a Hit, TVL […]

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Interest in Bitcoin and Ethereum Slides According to Google Trends Data, NFT Queries Skyrocket

Interest in Bitcoin and Ethereum Slides According to Google Trends Data, NFT Queries Skyrocket

While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week of May 16th through the 22nd of last year. Search trends for the […]

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Bitcoin (BTC) price falls to sub-42K levels; crypto market sees $800 million in liquidation

The crypto market saw its first major liquidation event in 2022 as the majority of the crypto market bled in double digits. Bitcoin fell below $43K support to trade in sub-$42k levels and reached a new 3-month low of $42,761. Ether (ETH) lost $3,500 support and fell to a monthly low of $3,432. Source: Coin360 […]

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