On Tuesday (29 November 29), crypto analytics startup Santiment, which provides tools that make “powerful OnChain, Social & Financial analysis accessible to anyone”, commented on Ethereum’s recent price action. Santiment based its prediction on the fact that on 28 November 2022 “Ethereum’s active addresses surged to its highest level in […]

On 13 November 2022, crypto analyst Benjamin Cowen shared his technical analysis of the Ethereum ($ETH) price action, and explained why he believes that this bear market could take the $ETH price to as low as $600. According to a report by the Daily Hodl, Cowen said: “We’ve talked about […]

Summary: Layer 2 transactions on Ethereum’s blockchain hit a new seven-day high, Orbiter Finance data showed. Orbiter’s dashboard recorded over 5.78 million transactions between October 27 and November 2. Arbitrum led the L2 pack with around 46.59% of layer 2 transactions carried out on the protocol. Transactions on Ethereum’s mainnet […]

The Ethereum market has been rallying on the back of massive whale activity. According to data pointed out by crypto market intelligence platform Santiment, the price of Ether (ETH) surged by 8.1% following a whale wallet moving 15,000 ETH  (worth around $22.2 million). In a tweet, Santiment revealed that the […]

On Wednesday (October 26), independent Ethereum educator, investor and advisor Anthony Sassano explained how Ethereum’s move from proof-of-work (PoW) to proof-of-stake (PoS) has affected net issuance of $ETH. Around 7:00 a.m. UTC on September 15, Ethereum’s Merge upgrade was completed, which means that the Ethereum network is now using PoS […]

On Tuesday (October 15), weaker than expected U.S. housing price data and weakening U.S. consumer confidence data helped the U.S. dollar to fall, thereby giving a boost to the crypto market, with the Ethereum ($ETH) surging around 10%. According to a report by CNN, “home prices rose 13% in August […]

On Friday (October 21), Arthur Hayes, Co-Founder and former CEO of BitMEX, explained why Ethereum ($ETH) is likely to remain the dominant smart contract platform in the next cycle. According to a report by The Daily Hodl, Hayes made these comments while appearing as a guest on YouTube series Crypto Banter. Hayes told […]

On Thursday (October 13), Binance Research provided an update on Ethereum layer 2 (L2) scaling solution Arbitrum. What Is Arbitrum? According to Offchain Labs, the startup developing this popular Ethereum L2 scaling solution, Arbitrum is an “optimistic rollup” that offers the following the benefits: “Trustless security: security rooted in Ethereum, with any […]

British auction house Christie’s has launched Christie’s 3.0, an online art auction platform on Ethereum  The auction house will be conducting all transactions online, including post-sales and payments in ETH. The leading British auction house, Christie’s, has launched Christie’s 3.0, a virtual auction platform on Ethereum in collaboration with Chainanalysis, […]