The Shiba Inu community hopes for the release of Shibarium in 2023
The Shiba Inu community is waiting for the launch of a second-level scaling solution and is optimistic about the new year 2023, although the SHIB rate has sunk by 75+ this year%
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.
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.
Matrixport has planned delisting of Solana products
Chinese journalist and financier Colin Wu reported that the asset management platform Matrixport has decided to delist products related to Solana. The company, founded by entrepreneur Jihan Wu, announced that on December 30, 2022, the delisting of two-currency investment instruments SOL and SOL-U will take place on the site.
Crypto asset Chain has fallen by 67% in a month
After the collapse of the FTX cryptocurrency exchange, the market continued to experience even more difficult times. As of December 29, 2022, many virtual currencies have lost significantly in value over a distance of one month. Despite the fact that it seemed that the consequences of the FTX liquidity problem made themselves felt back in November, even a month later there were a lot of digital
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
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
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.
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%.
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.
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)
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 $
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.
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.
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
