One of the Ethereum staking pools, Lido, has announced that it would lower the requirements to become a validator on its platform. Thus, enhancing the decentralization of their platform. Based on the new requirements, anyone can become a Lido validator regardless of the amount of Ethereum they have staked. Furthermore, it would enhance governance on…
Ethereum (ETH) is nearly ending the week on a bearish note. Bears stepped up to push the 2nd-largest crypto lower after the alt hit the $3,547 weekly peak. For now, the daily 20MA line serves as a dependable support floor, and ETH bulls struggle to keep the zone. Ethereum Daily Chart According to the 24hr…
Since this week, there have been substantial cash inflows into smart contract networks, notably Ethereum, Cardano, and Solana. On-chain analytics platform, Santiment, claimed that the surging demand for decentralized solutions might be the reason for this funds inflow. Short Order Liquidation Volume Soars After ETH price surged past the $3K level, Santiment’s data feed observed…
Crypto asset management firm Grayscale has announced a non-ETH trust fund launch, especially those for Ethereum’s main rivals such as Solana, Polkadot, Cardano, and Avalanche. Grayscale’s Newest Investment Product On March 22, Grayscale revealed its latest crypto investment fund product (Grayscale smart contract platform ex-Ethereum, GSCPxE). According to Grayscale, the primary objective of launching this…
Ethereum experienced news plunges from levels above the pivot level of $2.8K. ETH trades under $2.6K and 100-hourly Simple Moving Average. ETH’s hourly chart shows a bearish line developing, with resistance at $2,620. ETH/USD might suffer a downside beneath $2.5K with failure to climb past the resistance of $2,650. Ethereum price saw extended declines beneath…
Tornado Cash gets ready for acquiring a scaling increase as it would be deployed on Arbitrum (the layer two-based network of Ethereum). Smart contracts of Tornado Cash are prepared to be issued on L2 scaling network Arbitrum after the contributions made by the community guarantee that the protocol is stable. Arbitrum’s deployment will permit the…
Ethereum had been in the spotlight for quite some time, even though the crypto throne is still held by Bitcoin. But there is a study on both the leading digital currencies which has been prepared by experts and analysts of Australian Universities. In their report, the analysts have concluded that Bitcoin’s throne will be snatched…
Crypto adoption is on the rise; these are not the financial institution or technical enterprises that are now loathing for crypto; on the other hand, this is the mainstream media around the globe have come out in support of cryptocurrencies and the idea of decentralization. A recent report is that the son of Will Smith,…