Ethereum network’s validator numbers remained steady despite bear market. Decreased whale interest, network growth, velocity, and trader sentiment raised concerns. Validators on Ethereum [ETH] could play a significant role in the network’s future. New data on 6 February suggested that the number of new validators added to the network remained constant in 2022, even during […]
Thus, there was interest amongst stakers, even in a volatile market. The upcoming Shanghai Upgrade was expected to further incentivize new validators to join the network.Looking at the positives
A positive indicator for Ethereum was the declining number of addresses in loss, reaching a five-month low according to Glassnode. However, despite this positive news, whale interest decreased over the last month. If large addresses decided to sell their investments, it could negatively impact retail investors.Ethereum’s declining network growth could be one reason for the decrease in whale interest, as there was a cutback in new addresses transferring ETH for the first time. This suggested that new addresses were not showing interest in the network.
VISA: We've been testing how to actually accept settlement payments from issuers in USDC starting on Ethereum and paying out in USDC on Ethereum. And these are large value settlement payments.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum: Understanding the Zhejiang angle in the Shanghai upgradePublic testnet launched before Shanghai upgrade activation. There was an increased interest from validators in the Ethereum ecosystem. The launch of Ethereum‘s Zhejiang testnet on 1 February marked an important milestone in the journey towards the Shanghai upgrade. Zhejiang is different from previous Ethereum testnets as it is open to the public, allowing anyone to […]
Read more »
Ethereum stares down a cliff as median gas price soars to monthly highEthereum’s network demand and bullish price action underpin the surge in gas fee prices. ETH net exchange outflows support bullish dominance despite the market slowdown. The Ethereum network has been criticized in the past for the expensive nature of fees. This is often the case especially when there is a lot of network usage and […]
Read more »
![Ethereum [ETH] bulls, watch for a reaction at these levels to buy](https://i.headtopics.com/images/2023/2/7/cryptoamb/ethereum-eth-bulls-watch-for-a-reaction-at-these-l-ethereum-eth-bulls-watch-for-a-reaction-at-these-l-1622800571244875776.webp?w=640)
Ethereum [ETH] bulls, watch for a reaction at these levels to buyDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The 4-hour market structure is bearish. Buyers can await a deeper pullback, while sellers watch the $1680 mark. Ethereum has shown substantial volatility over the past week as the price fluctuated from $1555 to […]
Read more »
![Why ApeCoin [APE] did not respond to BAYC’s achievements?](https://i.headtopics.com/images/2023/2/7/cryptoamb/why-apecoin-ape-did-not-respond-to-bayc-s-achievem-why-apecoin-ape-did-not-respond-to-bayc-s-achievem-1622709971749163009.webp?w=640)
Why ApeCoin [APE] did not respond to BAYC’s achievements?ApeCoin’s price decreased by over 5% in the last seven days. APE’s Galaxy Score was bullish but market indicators inclined in favor of bears. Dookey Dash’s success caught many eyeballs, as its popularity was something to be considered. BAYC has announced that they will wind up to the end of the Sewer Pass claim and […]
Read more »
Ethereumfair embarks on a crusade to save PoW consensus, here’s howEthereumFair wants to fork Dogecoin to ensure that it forever remains a PoW network. EthereumFair’s fair performance has dwindled since its blockchain went live. EthereumFair, the first fork of the Ethereum blockchain in response to the switch to the Proof-of-Stake consensus mechanism, has announced plans to establish a DAO and fork the Dogecoin network. Today, […]
Read more »
Ethereum: Understanding the Zhejiang angle in the Shanghai upgradePublic testnet launched before Shanghai upgrade activation. There was an increased interest from validators in the Ethereum ecosystem. The launch of Ethereum‘s Zhejiang testnet on 1 February marked an important milestone in the journey towards the Shanghai upgrade. Zhejiang is different from previous Ethereum testnets as it is open to the public, allowing anyone to […]
Read more »