In its new report titled “State of Ethereum Report — Q2, 2022,”  Bankless reviewed the performance of the Ethereum Network and its ecosystem in the second quarter of 2022. It touched upon the network’s performance under four broad categories – Protocol, Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), and Layer 2. Ahead of the Ethereum 2.0 Merge, here is a look at the salient developments within the Ethereum Ecosystem over the previous quarter.  Here’s… Source link

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned of an impending “big panic event” in the crypto space. “I don’t believe we’ve seen the bottom yet and I have a different view of it,” he said. Kevin O’Leary Warns of a ‘Big Panic Event’ in Crypto Shark Tank star Kevin O’Leary shared his crypto outlook in an interview on Youtube channel Meet Kevin last week. He was asked how far the price of bitcoin could fall and whether BTC could drop to $13K as some… Source link

The Ethereum (ETH) network moved one step closer to completing its transition to proof-of-stake (PoS) this week after the successful completion of its second-to-last major Merge trial on the Sepolia public test network. Data from Cointelegraph Markets Pro and TradingView shows that following the Sepolia Merge on July 6, the price of Ether rallied to a high near $1,280 on July 8 but has since trended down to hit a daily low of 1,153 on July 10. ETH/USDT 1-day chart. Source: TradingView With… Source link

Chelsea Manning grew interested in Bitcoin when the project was still in its infancy but not because of users’ disruptive ambitions or any purported payment networks. The American activist and whistleblower, who sent classified information to Wikileaks in 2010 regarding the Afghanistan and Iraq wars, said Bitcoin appealed to her passion for cryptography and the mathematics behind securing information. She’d read about it in email chains, keeping a curious eye on its growth. “This is a… Source link

Bitcoin (BTC) experienced one of its most brutal crashes ever in 2022, with the BTC price plummeting below $20,000 in June after peaking at $68,000 in 2021. June 2022 has become the worst month for Bitcoin since September 2011, as its monthly losses mounted to 40%. The cryptocurrency also posted its heaviest quarterly losses in 11 years. However, the current market sell-off doesn’t make Bitcoin crashes and bear markets exclusive to 2022. In fact, Bitcoin has survived its fair share of crypto… Source link

Tomiwabold Olajide Total amount of ETH deposited in 2.0 contract has topped 13 million ETH According to Glassnode, the total amount of ETH deposited in the 2.0 contract has topped 13 million ETH, or 10.9% of the total supply. Of this, Lido held 4.13 million ETH, or more than 31.8% of the overall stake, and Coinbase, Kraken and Binance collectively held nearly 3.5 million ETH, or about 27% of the total stake. Total $ETH deposited in the 2.0 contract has now surpassed 13M $ETH, which… Source link

Published 13 mins ago The ongoing consolidation in Litecoin(LTC) chart reflects a cup and handle pattern. Furthermore, the coin price is currently forming the handle portion of the pattern and leads the recovery rally to $60.88 neckline resistance. A bullish breakout from this barrier should carry a directional rally. Key points The LTC price has surged 8% in the past five days  The possible reversal from the $60.8 resistance may continue the range rally The intraday trading… Source link

Bitcoin (BTC) hit three-day lows into the July 10 weekly close as $21,000 gave way as short-term support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes bullish divergences across markets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up some of its gains from earlier in the week while still looking to cap its best weekly gains since March. The pair circled $20,850 at the time of writing, around $1,600 below the week’s peak at the 200-week… Source link

Monero Classic (XMC) gets a very bullish rating from InvestorsObserver Sunday. The crypto is up 3.55% to $0.4293929501 while the broader crypto market is down 1.1%. Monero Classic has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero Classic! Very Bullish Over the last five days, Monero Classic has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The… Source link

News Home Sunday, July 10, 2022 07:11 AM | InvestorsObserver Analysts InvestorsObserver gives Litecoin a strong long-term technical score of 93 from its… Source link