The Federal Reserve has hiked interest rates by another 75 basis points. The rate hike comes after the Consumer Price Index revealed that inflation had hit a fresh 40-year high of 9.1% in June. Now, the crypto market reacted in a positive manner with Ethereum [ETH] leading the charge. However, as per a famed news […]
For the last testnet PoS transition, Goerli would merge with Prater. The combined Goerli/Prater network retained the Goerli name post-merge.
The shadow fork brought the project one step closer to Ethereum’s mainnet upgrade in September. The third and final testnet merge,Did it excite ETH enthusiasts? Definitely as seen in the aforementioned uptick in addresses. Not just this, but even the price reacted in a positive manner.Read the best crypto stories of the day in less than 5 minutes
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Deciphering why Ethereum is institutional investors’ least preferred assetThe month of July is coming to an end. Traders and long-term investors were hopeful of a strong recovery. But that didn’t materialize. Consequently, Ethereum couldn’t sustain its short-term gain. By looking at the market condition, it is probable that things may not get better for the king alt until the fourth quarter begins. Ethereum? […]
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Ethereum: These metrics can give aggressive traders some clarityEthereum [ETH] has witnessed quite a difficult journey in July. The alt’s price hit as low as $1,040 and then scorched up to $1,640 within a period of three weeks. Such a price change of over 58% is a rare anomaly in major chains, such as Bitcoin [BTC] and Ethereum. But the latest ugly start […]
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ETH traders can consider these metrics to price in FED’s decisionThe king of altcoins has been struggling to gain its momentum and get back to its feet. In fact, the Ethereum [ETH] community is beginning to react to the Fed meeting and gross domestic product (GDP) release. Recent on-chain data suggests that tensions are running high as the crypto relief rally lost momentum. Traders can […]
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Ethereum Classic: Risks, opportunities of ETH Merge on ETCThe Ethereum network is days away from the highly anticipated Ethereum 2.0 Merge. This is one of the most anticipated crypto events which is considered good for the network’s overall performance. However, the impact on Ethereum Classic [ETC] has been largely overlooked. To really understand the impact of the Merge on the Ethereum Classic, we […]
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ApeCoin holders are losing faith and here are the top reasonsThe most hyped token launch of the year was the Bored Ape Yacht Club NFT collection’s ApeCoin. It managed to draw in a huge audience of investors in a very short period of time. But unfortunately, the bears didn’t let the token perform well. Therefore, APE in the past few months saw investors exit its […]
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Monero is riding against tide- investors should watch these levelsIf there has been one cryptocurrency that has taken the market by surprise over the last 24 hours, it’s Monero [XMR]. In a market where top coins, including Bitcoin [BTC] and Ethereum [ETH], have dropped in price, XMR has increased. At press time, the private cryptocurrency had gone up 7.84% as per CoinMarketCap. However, the […]
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