Bitcoin Whales Enter ‘Risk-Off’ Mode as Ethereum Market Dynamics Heat Up
TL;DR The main Bitcoin traders have adopted a conservative approach, according to the IFP indicator. The IFP indicator shows a significant decline below its 90-day...
Tag : Ethereum
Aave Backs Lido Alliance to Boost stETH with V3 Deployment
TL;DR Aave supports the Lido Alliance initiative to promote stETH as a liquid staking token, approving a deployment of its V3 focused on the Lido...
LayerZero Introduces Proof-of-Donation Mechanism to Support Ethereum Development
TL;DR LayerZero has launched the Proof-of-Donation to support Ethereum development through the Protocol Guild. Users can claim ZRO tokens by making minimum donations of $0.10...
ETH Price Outlook: Analysts Bullish on Potential Surge to $5,000 by 2024
by Fernando
TL;DR Ethereum (ETH) is expected to reach $5,000 by the end of 2024. Whale accumulation of ETH and support at $3,500 drive optimism. Technical indicators...
Bitcoin’s Post-FOMC Recovery Stalls Despite Equity Surge
by jose
TL;DR Bitcoin’s Recovery Stalls: Despite gains in equity markets, Bitcoin’s recovery is hindered post-FOMC due to miner capitulation after the halving event, which cut block...
LightLink Partners with Celestia to Launch Hummingbird, an Ethereum L2 Solution
TL;DR LightLink has launched its Hummingbird client on Celestia’s mainnet. Advancing its goal of providing a more scalable and cost-effective solution for the Ethereum Layer...
Base Leads Ethereum Layer-2 Profitability Surge
by Fernando
TL;DR Base, from Coinbase, made $6M+ in on-chain profits in May, outpacing Blast and Optimism. Base’s profit surge came from TVL growth due to Ethereum...
Uniswap and Across Protocol Propose ERC-7683: A Universal Cross-Chain Trading Standard
by jose
TL;DR Innovative Standard: Uniswap and Across Protocol propose ERC-7683, a new API standard designed to unify cross-chain trading and address liquidity fragmentation across Layer 1 and...
Bitcoin: Potential Breakout Insights from Trader Jelle
TL;DR Jelle, a popular trader, highlights similarities between Bitcoin’s current behavior and the 2017 bull run. Especially regarding the Relative Strength Index (RSI). BTC could...
SEC’s Surprise Move: Ethereum ETFs Poised for Approval
by Fernando
TL;DR The SEC has requested updates to 19b-4 filings for Ethereum ETFs, suggesting a possible imminent approval. This news has caused a significant increase in...
