The token of the layer-2 solution Arbitrum, ARB, is one of the best-performing cryptocurrencies within the top 100 by market cap over the past seven days. With a gain of 8.5% despite the heavy drawdown in the broader crypto market, the Arbitrum token records the fifth highest price gain over the last week. Arbitrum Token…
Ethereum price is struggling below the $1,840 resistance against the US Dollar. ETH could face bearish moves if there is a break below the $1,800 support. Ethereum is currently facing a strong barrier near the $1,850 resistance zone. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a key rising…
As the world of cryptocurrencies evolves, Ethereum (ETH) investors are beginning to take notice of the power of yields and their potential impact on the crypto space. Yields, in essence, are the payments investors receive for holding cryptocurrencies, and they can come in many shapes and forms. How ETH Yields Could Revolutionize The Space One…
Ethereum developers have taken measures to address the finality issues that occurred on the Beacon chain in the past week. On May 11 and May 12, the Beacon chain, the consensus layer of the Ethereum network, was unable to reach finality on two occasions. The first occurrence lasted for 25 minutes, and the second for…
Despite the prevailing bearish trend in the crypto market, venture capital firms consummated several deals worth billions in the first quarter of 2023. Data from PitchBook’s Crypto Report for Q1 2023 disclosed that crypto firms generated $2.6 billion through 353 investment rounds. Though the level of deals from the companies indicated the viability of the…
PayPal share prices are plunging and currently down 80% from 2021 peaks; the largest draw down ever, market data on May 12 shows. PYPL closed the week at $61.69, down 3% from Thursday, March 11. PayPal Shares Crumbling Analysts observe that the decline in PayPal’s stock price has also resulted in a notable shift in…
In 2022, Ethereum formally adopted Proof of Stake (PoS) as a more secure and energy-efficient method to validate transactions and add new blocks to the blockchain. PoS and other consensus mechanisms are integral to the security of a network. This shift has significant implications for the Ethereum ecosystem, particularly in terms of staking – the process…
In 2022, Ethereum formally adopted Proof of Stake (PoS) as a more secure and energy-efficient method to validate transactions and add new blocks to the blockchain. PoS and other consensus mechanisms are integral to the security of a network. This shift has significant implications for the Ethereum ecosystem, particularly in terms of staking – the process…
The Ethereum price consolidation weakened as the bulls lost momentum, resulting in a nearly 4% loss in the last 24 hours and a 7% decline on the weekly chart. The technical analysis indicates considerable bearish pressure. The coin’s value remained stagnant at around $1,800, leading to waning interest from buyers and a significant decrease in…
The crypto market experienced a significant downturn over the past 24 hours, leading to a total liquidation of over $140 million as Bitcoin (BTC) continues its downtrend. According to data from Coinglass, a record of approximately 57,585 traders have been liquidated, and the total value is still counting. Notably, traders that are currently experiencing major…