Tag: ethusd

Data shows more than 70% of the total staked Ethereum supply is contributed by staking services, with Lido accounting for the most amount. Ethereum Staking Service Providers Have Locked In A Total Of 11.4 Million ETH Last year, ETH successfully completed a transition to a Proof-of-Stake (PoS) consensus mechanism, which meant that...

Bitcoin (BTC) and Ethereum (ETH) are still rallying since the prices of the digital assets crossed over into pre-FTX crash levels. They continue to see green movements in the market, posting gains at this time, but this may not continue for long. Bitcoin And Ethereum Are Being Dumped In a...

Data shows some shifts have taken place in the Ethereum ecosystem this year. Here's how the shares of some popular transaction types have changed on the network in 2022. Both DeFi And NFTs Have Taken A Hit In Dominance On Ethereum As per the latest weekly report from Glassnode, the DeFi and NFT sectors both have similar dominance on the Ethereum blockchain...

Bitcoin (BTC) has nosedived following the FTX collapse and the increased crypto volatility. It's anyone's guess when the most popular crypto will rebound to its most robust state. In fairness, the world's most sought-after crypto has improved a bit, reaching the $16,700 level, yet it still not enough to ease the worries of many investors. Here's a quick glance at how Bitcoin has...

Data shows someone has today paid 93 ETH in fees for a transaction on the Ethereum blockchain; here's the likely reason behind this seemingly abnormal transfer. This Single Ethereum Transaction Took A Fees Of 93 ETH To Be Possible At a first glance, 93 ETH in fees, and that too for a single transfer, seems simply absurd. Even for the Ethereum network, which...

Dogecoin remains Elon Musk’s favorite cryptocurrency and the billionaire’s conviction in the meme coin looks to not have waned thus far. As the crypto winter rages on, speculations abound on what projects would be able to make it out and come out stronger. The obvious remains the largest cryptocurrencies in the market, but Tesla CEO Elon Musk has added Dogecoin to the list...

Ethereum and the rest of the crypto markets are now experiencing yet another crippling calamity. They call it the 'black swan' event, which caused the disintegration of one of the largest crypto exchanges in the world, FTX. With claims of mismanaged customer funds and alleged...

Amiss the market chaos, there is still room for NFT royalty chatter. OpenSea has announced that creator royalties will maintain as they have been on the marketplace, feeding what seems to be a 'closing loop' on what has been a continual hot topic around the NFT community lately. The move comes as OpenSea competitors sought to undercut prices by chopping royalties, leading the...

Bitcoin is having a relatively strong performance during the last few days, slightly increasing its market cap dominance which now stands at 37.056%. This is possible as the maiden crypto is starting the month of November in a better shape compared to how it was back in September and October. In fact, BTC managed to finally reach and eventually surpass the $21K marker...

Bitcoin, after seven weeks of repeated failed attempts, finally managed to move past the $21,000 price threshold. According to tracking from Coingecko, at the time of this writing, the maiden crypto is trading at $21,392 after going up by 5% over the last 24 hours. In doing so, Bitcoin also managed to increase its total market capitalization which now stands at...

Dogecoin has made the most of its bullish momentum that was inspired by Elon Musk’s highly publicized $44 billion purchase of Twitter. Not only did that development pump DOGE price in such a way that its total market capitalization surpassed Cardano’s, allowing it to take the 8th spot in Coingecko’s crypto tracking list. It also stirred great...

Dogecoin (DOGE) started out as a meme, dog-themed cryptocurrency in 2013 designed to make fun of speculations about the sector back then. But for some of those who bravely took the risk with the asset, the altcoin proved to be more than just a joke as it became their ticket in becoming millionaires. According to information from crypto data tracker BitInfoCharts.com, as of...

Crypto assets like the Bitcoin (BTC), altcoins like Ethereum (ETH) and stablecoins such as Tether (USDT) are riding the momentum brought about by some positive news involving these asset types over the last few days. In what can be considered as a collective effort, cryptocurrencies initiated a bullish run that enabled the crypto market to push its overall...

Ethereum has been dominating the crypto market since the rally began. The digital asset had outperformed even bitcoin during this time, which saw a higher drive in its price compared to its larger counterparts. Even now, this outperformance continues to wax stronger. However, as the month of October draws to a close, the question becomes if Ethereum would be able to maintain on...

The animal instinct of Dogecoin is very apparent these days, as the canine- themed crypto sustains its aggressive run that catapulted it to the highest it has been since May. Earlier today, the crypto registered a whopping 105% weekly gain though it shed 3.6% during the last hour at the time of this writing, trimming its gains in the last seven days to 99%....

Dogecoin is receiving tremendous boost from a number of positive stimulus over the last few days as it maintains its bullish momentum. With this, the dog- themed cryptocurrency was able to increase by 125% for the past seven days and has also gone up by 129% on its biweekly performance. Dogecoin peaked at $0.145 today as it increased by 80% DOGE tallies 125% gains...

Do Kwon, now a fugitive wanted by South Korean prosecutors and the Interpol, has a new fire to put out as more than 300 investors from Singapore decided to file a class action lawsuit against the Terra Labs co-founder. The 357 capitalists from the Asian nation had no choice but to bring the fight to court as they lost $57 million. The plaintiffs...

Bitcoin is just a few hundred dollars away from reclaiming the vaunted $21,000 territory in the face of bear market pressures. On October 26, Bitcoin peaked at $20,866 as it helped the sector push its total market capitalization to over $1 trillion. The momentum, however, wasn’t enough for the asset to break past the $21K marker. At press time, according to tracking from...

Crypto developers seemed to be unaffected by the bearish momentum that has plagued the industry this year. Rational thinking would suggest that the current situation of the cryptocurrency market would deter new participants from joining right now as they might risk feeling the full brunt of the space’s continued decline. But recent data from CoinMarketCap would say otherwise, as...

Ethereum (ETH) price went down by 2.8% over the last 24 hours but the asset still has the ability to sustain the $1,500 range. At press time, according to tracking from Coingecko, the second largest cryptocurrency in terms of market capitalization is trading at $1,506 and is still up by 17.5% for the past seven days. The "post merge crash" that Bitcoin...