Auto Added by WPeMatico

Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%

As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range…

Continue ReadingValue Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%

Ethereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition

After implementing the merge testnet Kiln, Ethereum is seemingly getting closer to transitioning to a full proof-of-stake (PoS) network. According to developers Kiln’s execution layer was initially launched leveraging proof-of-work…

Continue ReadingEthereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition

Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000

Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s…

Continue ReadingAbra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000

Bored Ape Yacht Club Donates $1 Million in Ethereum to Ukraine Following Community Efforts

On March 8, the team behind the Bored Ape Yacht Club (BAYC) donated $1 million in ethereum to the Ukraine government’s ether wallet. The BAYC team donated the funds in…

Continue ReadingBored Ape Yacht Club Donates $1 Million in Ethereum to Ukraine Following Community Efforts

Terra off to new record high as LUNA price outperforms market with 30% rebound in 3 days

The total value locked inside the Terra blockchain system has reached an all-time high of nearly $26 billion.

Continue ReadingTerra off to new record high as LUNA price outperforms market with 30% rebound in 3 days

Bitcoin’s sub-$40K range trading and mixed data reflect traders’ uncertainty

The market gave up last week’s gains from Bitcoin’s surge to $45,000, but derivatives metrics suggest retail traders are more bullish than market makers and whales.

Continue ReadingBitcoin’s sub-$40K range trading and mixed data reflect traders’ uncertainty

Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer

Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas…

Continue ReadingEthereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer