Ethereum's L2 Solutions Overtook L1 in Terms of TPS
The activity of the second-level networks is growing and has already surpassed the main Ethereum network in some indicators.
ETH Discount to ETH reached 5% amid Binance Problems
The discount in the bETH/ETH trading pair reached 5%. Some members of the crypto community believe that the depreciation of the tokenized version of Ethereum on the blockchain of the Binance crypto exchange can be used for profitable purchase of coins As of the time of writing the news, the discount in the bETH/ETH trading pair is 5.08%. In mid-December, the indicator updated the local maximum
Paxful: Ethereum is censored, centralized, there are a lot of scam tokens in it, we are stopping support
Paxful stops supporting Ethereum tomorrow at 15:00 Moscow time Ray Josef, CEO of Paxful (a service for exchanging cryptocurrencies between users) announced that tomorrow at 15:00 Moscow time, support for Ethereum stops.
The Crypto Community Reacted to the Delisting of Ethereum with Paxful
Delisting of the second-largest cryptocurrency Ethereum from the Paxful crypto exchange split the crypto community into two groups: some supported the decision, others opposed it. The editorial board of BeInCrypto collected in one review the reaction of crypto investors to the delisting of ETH
The analyst predicts a decline in the price of Ethereum to $ 300 in 2023
Popular cryptocurrency analyst Nicholas Merten warned about the upcoming fall of the Ethereum (ETH) exchange rate to $ 300.
Most of the Ethereum (ETH) staking is handled by only 4 providers
Decentralization is an extremely sensitive topic for cryptocurrency enthusiasts, as it is the foundation of the entire blockchain industry, and if one of the largest ecosystems in the entire market is not properly decentralized, it can cause serious problems. Delphi Digital highlights an important issue related to the decentralization of the ether.
Analysts Expect ETH to Decline Despite Strong Foundation
The fundamentals of Ethereum are strong, but analysts expect a further decline in the ETH rate. The Ethereum blockchain has been in the best shape since its launch. 100 days have passed since the transition from Proof-of-Work to Proof-of-Stake. Today, the circuit is protected by almost half a million validators, and energy consumption has decreased by 99%. There are almost 16 million ETH worth $
Moneybags Got Rid of $1 billion worth of Ethereum in December
In December 2022, cryptocurrency whales actively got rid of Ethereum (ETH) and sold coins worth about $ 1 billion.
Which altcoins suffered the least losses in 2022?
The value of the Dogecoin cryptocurrency (DOGE) fell by 58% in 2022. This coin was among the altcoins that suffered the least losses over the past 12 months.
The number of Helium hotspots is approaching a million
The number of access points of the decentralized IoT Helium network is approaching 1 million. The new type of communication is already available in 187 countries.
The quotes of the SOL cryptocurrency continued to fall
According to blockchain services, the value of the Solana token (SOL) continued to fall as of December 29, 2022. The price of the virtual currency has lost 5.85% over the past day, and has decreased by 22.5% in total over the past week. The digital asset was available for purchase at $9.43.
Ethereum: a healthy foundation, but dull price forecasts
From a fundamental point of view, the Ethereum network is in great shape. However, forecasts for the ETH exchange rate do not yet share this optimism It has already been 100 days since that momentous day when the entire Ethereum mainnet, as part of the long-awaited Merge update, moved from the extremely energy-consuming Proof-of-Work (PoW) mechanism to an energy-saving Proof-of-Stake (PoS)
On PoS, the number of Ethereum coins created has fallen by more than 262 times
After the transition of the Ethereum (ETH) blockchain to the PoS consensus algorithm, the cryptocurrency's inflation rate decreased by 99.6%. According to the ultra sound money service, now the ETH inflation rate is 0.014% per year. When the network was running on the PoW consensus algorithm, this figure reached 3.58%.
Litecoin Bullish Signal: Whale Addresses Hit 2-Year High
According to the data of the analytical company Santiment, the Litecoin (LTC) rate has been growing rapidly since the number of large addresses began to grow. The relevant indicator here is the "Litecoin supply distribution", which tells us how many addresses (or holders) belong to each group of wallets on the market currently
The stablecoin market lost $28 billion in 2022 after several tokens lost their binding to the dollar
The market value of stablecoins continues to decline, and since January 2022, $28.08 billion has left the stablecoin market. Archival data show that on January 5, 2022, the economy of stablecoins was estimated at $167.08 billion, and today it is estimated at $139.06 billion, or 16.77% lower than in the first week of the year
