Optimism sees growing ERC-20 transactions, which could flip Polygon’s dominance in L2 space. Even so, Polygon maintains user market share dominance. Layer 2 solutions in the crypto market have been showing improvements despite the market seeing turbulence. One of the L2 solutions that have shown great promise is Optimism. According to Dune Analytics, transactions on […]
LSD: the solution to Ethereum’s problems?
A fresh story has emerged as the Shanghai upgrade approaches. The Ethereum liquid staking derivatives market has drawn attention, but why? Today, we examine the […]
Shift toward Liquid Staking Derivatives expected after ETH Shanghai upgrade
The Ethereum (ETH) Shanghai upgrade is due to release March, enabling withdrawals from beacon chain and allowing ETH currently staked in ETH 2.0 validators to be unstaked. With over 70% of ETH stakers currently at a loss with their ETH inaccessible, the Shanghai upgrade will enable stakers access to their ETH and decide whether to […]
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based Exchange Risks Hefty Fine in Poland for Allegedly Deceiving Crypto Traders […]
FTM bears gain leverage after a rejection of $0.3462, is it right time to sell
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion FTM could continue with its downtrend momentum. FTM recorded a decline in open interests in the futures market. Fantom [FTM] offered over 80% gains after rallying from $0.1940 to a high of $0.3577. However, […]
SBF accused of “Gaslighting and Manipulation” by the former president of FTX US
On Saturday, Brett Harrison, the former president of FTX US, provided information about his time working for Sam Bankman-Fried while separating himself from the disgraced […]
Weekly Market Watch: Bitcoin & Ethereum Rises, Altcoins Follow in Their Footsteps
The past week saw a positive trend in the cryptocurrency market, with bears losing ground to bulls for Bitcoin and Ethereum. While several altcoins recorded substantial gains on both weekly and daily charts, boosting overall market optimism. There are some tokens on the list of weekly gainers with noteworthy boosts. Aptos (APT) is in the lead, […]
Ethereum’s latest update could get ETH holders excited for 2023 because…
The total value of ETH staked and validators on the network witnessed substantial growth Whales show interest in ETH as the number of transactions witnessed a surge Ethereum’s [ETH] staking activity continued its upward swing as the total value staked in ETH 2.0. deposit contract reached yet another ATH, data from Glassnode revealed. 📈 #Ethereum […]
Bitcoin Taking Out $20,000 Puts Solana, Polygon, XRP On The Cusp Of Huge Price Explosions
Bitcoin is back above $20,000, days after breaking a two-month-long ranging-market spell and printing a string of green daily candles. In the past 24 hours, the top cryptocurrency by market capitalization grew over 11%, tapping $21,000 in the wee hours of Jan 14 before recoiling to $20,817 at press time. In the past seven days, […]
Former FTX US President Accuses SBF of ‘Gaslighting and Manipulation’
Following his sudden departure from FTX US in September, Brett Harrison describes prolonged tension with Sam Bankman-Fried.