Cryptocurrency Analysis and News Portal
Ethereum's native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators.Ethereum chain split means more tokensA big part of Ether's ongoing rally has
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The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend to other issues, including health and digital education problems. The digital currency bill is scheduled to be discussed again
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Lido DAO (LDO) price edged higher on Aug. 3, primarily due to similar upside moves elsewhere in the crypto market and a rising euphoria around Ethereum's network upgrade in September.On the daily chart, LDO's price reached an intraday high of $2.40 a day after bottoming out locally at $1.84. The
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Ethereum’s tenth shadow fork went into effect yesterday, 26 hours earlier than expected, as the network continues to run tests ahead of the anticipated merge from proof-of-work to proof-of-stake. In preparation, Ethereum has been undergoing a series of test forks which copy data from the main network (mainnet) to a
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Lawmakers in the United States House of Representatives have reportedly pushed back the timeline for considering a bill addressing the potential risks of stablecoins.According to a Monday report from the Wall Street Journal, people familiar with the matter said House members will likely delay voting on a stablecoin bill until
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In roughly 65 days, there’s a chance Ethereum’s highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS), otherwise known as The Merge, could be implemented. The information was shared via “a planning timeline” on Twitter, which noted the shift from PoW to PoS could happen on September 19. The source
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The latest Uniswap (UNI) chart pattern suggests that investors should be prepared for a correction after gaining nearly 20% over the past week.A 45% UNI price crash ahead?UNI's price has been trending upward since mid-June inside what appears to be a "rising wedge," which traditional analysts view as a bearish
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Last week, Ethereum’s Sepolia testnet successfully switched to PoS. Goerli, the third and final of three public testnet will run through the Merge process on August 11. The parameters that trigger the test will be determined in the next Ethereum Foundation All-Core Developers call. These testnet merges, which served as
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“We are already leveraging the years spent on building capabilities for Meta overall on blockchain and introducing new products, such as digital collectibles,” Meta said in an emailed statement. “You can expect to see more from us in the Web3 space because we are very optimistic about the value these
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