Ethereum 2.0 Now Has Over 200k Validators, 6.42M ETH Staked

Ethereum 2.0 Now Has Over 200k Validators, 6.42M ETH Staked 4The Ethereum 2.0 network now has over 200k validators The Ethereum 2.0 deposit contract now has 6.42 million ETH staked worth $14.857 Billion Kraken is the largest single depositor with 12.5% of all ETH in the contract Ethereum is back to trading above the 200-day moving average and could keep pushing higher with the London Upgrade on the 4th of August The Ethereum 2.0 network how has over 200k validators. The chart below courtesy of CryptoQuant further illustrates the increment […]

Zilliqa-Ethereum Bridge To Be Launched After ETH’s London Hard Fork

Zilliqa’s bridge to Ethereum will wait for the successful launch of ETH’s London hard fork before going live This is because the London hard fork changes Ethereum’s fee structure Once implemented, the team at Zilliqa will observe the London hard fork before upgrading the Zilliqa mainnet to support the bridge ZIL/USDT has escaped from the jaws of a descending triangle but still remains in bearish territory below the 50-day, 100-day and 200-day moving averages The highly anticipated bridge between the […]

Bitcoin Recaptures the 50-day MA as Twitter Sentiment Turns Bullish

Bitcoin Recaptures the 50-day MA as Twitter Sentiment Turns Bullish 3Bitcoin seems to have recaptured the 50-day moving average as support Bitcoin is now firmly above the $34k price area, trading at the $34,720 at the time of writing Bitcoin’s weekly close tonight will provide more information as to whether its bullish trajectory can be sustained Twitter sentiment surrounding Bitcoin has returned to bullish territory and could have entered a slight FOMO phase Bitcoin (BTC) has continued on its bullish climb for a fifth straight day after the local low […]

Litecoin Whales Have Increased Their Holdings by 270k LTC in July

Litecoin Whales Have Increased Their Holdings by 270k LTC in July 3Litecoin whales holding 1k to 100k LTC have increased their holdings by 270k in the month of July Unique addresses on the Litecoin network have also grown by 47.5% in the last 10 days Litecoin’s on-chain metrics are bullish. However, LTC’s fate is tied to Bitcoin’s Litecoin has pushed above a descending triangle that had formed since mid-May The 50-day moving average is Litecoin’s next target if the current bullish momentum is maintained Litecoin whales holding 1k to 100k coins […]

The Purpose Ethereum ETF Now Holds Over 62k ETH

The Purpose Ethereum ETF Now Holds Over 62k ETH 2The Purpose Ethereum ETF now holds over 62,000 ETH worth roughly $133.9 million The Ether ETF offers investor exposure to Ethereum and is listed on the Toronto Stock Exchange Interest in ETH continues to grow grown as Ethereum transitions to a Proof of Stake algorithm Ethereum might not dump after the London Upgrade on August 4th due to fundamentals and future growth The Purpose Ethereum ETF now holds over 62,000 ETH worth roughly $133.9 million using ETH’s current value at […]

Bitcoin Supply On Crypto Exchanges Begins to Drop as BTC Reclaims $33k

Bitcoin Supply On Crypto Exchanges Begins to Drop as BTC Reclaims $33k 3Bitcoin supply on crypto exchanges has once again started to drop, almost equaling January lows Bitcoin outflows from exchanges have exceeded inflows by 2,333 BTC in the last 7 days Elon Musk and ‘The ₿ Word’ Bitcoin conference is one reason BTC is bullish once again Jack Dorsey stating that Bitcoin will be a big part of Twitter’s future, is another fundamental reason why Bitcoin is above $33k Bitcoin supply on crypto exchanges has once again started to decline and […]

Binance Smart Chain Daily Transaction Count Grows by 92% in One Month

Binance Smart Chain Daily Transaction Count Grows by 92% in One Month 4The daily transaction count on the Binance Smart Chain has increased by 92% in one month Active daily addresses on the Binance Smart Chain have increased by 33% in the same time period Dapps on the Binance Smart Chain are growing with games and play-to-earn applications leading the rest in unique wallet interactions 4 of the top 5 games on the Binance Smart Chain have seen remarkable growth in unique active users Daily transactions on the Binance Smart Chain have […]

Zilliqa forms a Strong Alternative to Market Leader Ethereum – Report

Zilliqa forms a Strong Alternative to Market Leader Ethereum - Report 1Zilliqa is taking a strong lead amongst layer-1 protocols on a technical level Zilliqa is also being built from the ground up with sharding at its core Zilliqa, therefore, is in a unique position till Ethereum can implement its own scaling solutions Scilla, the programming language being used on Zilliqa, is also an easier, safer alternative to Solidity The Zilliqa ecosystem continues to grow, currently with over 40 projects The team at Hillrise Research has released a comprehensive report focused […]

Theta Network Could Soon Have a Cross-chain Bridge with Ethereum

Theta Network Could Soon Have a Cross-chain Bridge with Ethereum 1Theta Network will release version 3.1.0 of its mainnet on July 25th with the hard fork occurring on July 30th The new iteration of the Theta Network mainnet will support the Ethereum RPC API The compatibility with Ethereum RPC API will lower the learning curve of users migrating from Ethereum and open the doors for the development of a cross-chain bridge between Theta and Ethereum The team at Theta Network will be releasing a new iteration of the mainnet (version […]

Ethereum Attempts to Reclaim $2k on News of Elon Musk Owning ETH

Ethereum Attempts to Reclaim $2k on News of Elon Musk Owning ETH 2Elon Musk has revealed that he personally owns Ethereum, Bitcoin and Dogecoin Mr. Musk made the revelation during ‘The ₿ Word’ virtual conference Elon Musk also revealed that both Tesla and Space X own Bitcoin Ethereum is currently attempting to reclaim the $2k price area as support The founder of Space X and CEO of Tesla, Elon Musk, has revealed that he personally owns Ethereum, Bitcoin and Dogecoin. Mr. Musk informed the crypto community that he owned the three digital […]