Ethereum preparing a ‘bear trap’ ahead of the Merge — ETH price to $4K next?
An ascending triangle setup promises major price rebound in the Ethereum price in 2022.
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L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer…
Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg
On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days…
Independent Russian News Site Meduza Raises Over $200,000 in Crypto
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed…
Ethereum risks 35% drop by June with ETH price confirming ‘ascending triangle’ fakeout
Nearly $170 million left Ethereum-based investment funds in 2022, signaling a drop in institutional demand.
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi…
L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In…
Metamask Users Complain About Connection Issues as Wallet’s Default Endpoint Suffers From ‘Major Outage’
On Friday, users leveraging the Web3 wallet Metamask complained about service outages after Infura, Metamask’s default endpoint suffered from a “major outage.” The wallet company addressed the situation and explained…
Ethereum price ‘bear flag’ could sink ETH to $2K after 20% decline in three weeks
Analysts still expect Ethereum to hold its long-term bullish bias on bets that its highly-anticipated technical upgrade this year will be successful.
Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether
On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in…
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