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Ethereum
NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in…
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend
Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process.
Bitcoin
BTC fell for its fourth…
Bitcoin, Ethereum Technical Analysis: BTC Approaching $40,000 Support on NFP Day
Following three consecutive sessions of declines, BTC was fast approaching its support level of $40,000 on Friday, as markets prepared for February’s nonfarm payrolls report. This came as ETH also fell lower, and is approaching its…
LUNA flips Ethereum becoming second largest network for staked value
Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value.
According to data from Staking Rewards, Terra (LUNA) has flipped…
Bitcoin, Ethereum Technical Analysis: BTC Surge Stalls at Key Resistance Level
Following Tuesday’s price surge, bitcoin was trading lower during today’s session, as markets hit a key resistance point. This comes as ETH was once again trading below the $3,000 level. As of writing, the crypto market cap is…
EU Data Act Proposes Shutdown Function for Smart Contracts
The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the subject of smart contracts and proposes…
Ethereum Network Fees Continue to Drop — Transfer Fees Hit Lowest Rate in 6 Months
It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ethereum network fees were around $52…
Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack
The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart…
Terra’s Mirror Protocol MIR rebounds 40% two days after crashing to record low
The massive move upside had MIR form a golden cross
Mirror Protocol, a decentralized finance (DeFi) protocol built on the Terra blockchain, was hit by one of the biggest collapses in financial history this week after Vladimir Putin…
Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion
Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during…