‘ETH is deflationary’ – Why this is important under recent circumstances

ETH sees surge in demand which may remain in the long term courtesy of deflationary milestone ETH shorts traders suffer as price pivots while demand for leverage recovers Ethereum’s EIP 1559 in August last year marked an important milestone for the network and ETH. The impact of that milestone is particularly evident in the fact … Read more

Ethereum: Shapella upgrade forked with Goerli testnet, this is what went down

Ethereum upgrade launched on the Goerli testnet. Issues emerge; however, validator interest remained consistent. The much-awaited Shanghai upgrade was executed on Ethereum’s [ETH] Goerli testnet on 15 March. The Goerli network is a decentralized network designed to be a testing and development environment for Ethereum-based decentralized applications. Goerli forked! — timbeiko.eth (@TimBeiko) March 14, 2023 Read … Read more

A new ‘high’ for Bitcoin and the crypto-market, but here’s why that will change…

Digital asset investment product saw the largest single weekly outflows on record last week. BTC’s outflows represented 95% of the total monies that left the market According to a new report by digital asset investment firm CoinShares, product outflows registered the largest single weekly outflows on record last week. It found that record-breaking outflows of … Read more

Ethereum: Shanghai withdrawals and recent updates for ETH holders

With Ethereum’s Shanghai upgrade, the $28 billion worth of staked ether will start to become available in a few weeks. Due to the high yield, around 17.5 million ETH have been invested in self-hosted or staking-as-a-service validators. Within a few weeks, the $28 billion worth of staked ether (ETH) will start to become available thanks … Read more

Ethereum can be subjected to harsh sell pressure this week, here’s why

ETH might be prone to more sell pressure as Voyager liquidates its holdings. Long positions shift in favor of shorts as bearish market conditions prevail. The ghost of 2022’s crypto contagion is yet to be exorcised. A wave of ETH sell pressure might be on the way courtesy of distraught crypto firm Voyager. Realistic or … Read more

NYAG lists Ethereum (ETH) as security in lawsuit against Kucoin

Ethereum (ETH) has been branded as a security by the NYAG alongside two other coins The New York AG wants to stop Kucoin’s operations in the region via the lawsuit The New York Attorney General Letitia James has sued the crypto exchange – Kucoin. The AG claims that Kucoin violated the Martin Act in three … Read more

Vitalik Buterin chastises BITE, other shitcoins for having no ‘redeeming cultural or moral value’

Ad Ethereum co-founder Vitalik Buterin warned the crypto community about BITE and other unnamed assets being discussed on the r/Testingtesting62831 subreddit group. A look at the subreddit showed that its members heavily discussed BITE and other low-value meme coins. Buterin said these assets are “sh*tcoins [that] have no redeeming cultural or moral value.” According to … Read more

Blur grabs Ethereum NFTs’ biggest share, but that’s not the entire story

Blur surpassed its overall February market share in only the first seven days of March CryptoPunks traders preferred the platform despite Ethereum NFTs’ volume downturn The Blur NFT marketplace may have launched in October 2022 but its track record since proves that the platform cares less about longevity. Also functioning as an aggregator, the marketplace … Read more

Are Ethereum’s staker holdings undervalued? New data suggests…

According to Santiment, holdings of Ethereum‘s long-term stakers have fallen by 31% over the last 10 weeks. In fact, the data suggests that most of the assets of these stakers are currently undervalued. Read Ethereum’s Price Prediction 2023-2024 This can be underlined by the declining realized value of ETH 2.o stakers. Despite having low returns, … Read more

Bitcoin [BTC]: Short products for the win as investors shy away from long positions

Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows … Read more