On-chain analysis spotted a buy signal that participants might find useful MATIC’s price might hike towards $1.20 in the short term According to AMBCrypto’s assessment, the 23.64% drop in MATIC‘s value over the past month could represent a valuable buying opportunity. This view is supported by the altcoin’s negative Market Value to Realized Value (MVRV) … Read more
The decentralized staking platform EigenLayer on Ethereum, boasting over 13 billion dollars worth of assets, has officially gone live on the mainnet. However, certain notable features are yet to be released and are expected to be made available later in the year. In a blog post on April 9, EigenLayer revealed that they have introduced … Read more
According to Jesse Pollak, the head of protocols at Coinbase’s Ethereum layer-2 network Base, the platform has recently processed a large number of transactions per second. On April 9, Pollak, the founder of Base, shared on X that the platform handled up to 300-400 transactions every second without encountering any problems. Despite having real-time transactions … Read more
DOGE’s value has reduced by almost 5% in the past 24 hours. Trading activity in its derivative and spot markets has cratered. At the moment of writing this, the value of Dogecoin (DOGE) decreased by approximately 5% over the past 24 hours, whereas the prices of other prominent meme tokens experienced minimal growth. During that … Read more
The CEO of investment company VanEck expresses doubt that the SEC will give its approval for a Ether (ETH) spot ETF before May. During an interview with CNBC on April 9, Jan van Eck expressed that it is likely their Ethereum Spot ETF proposal will not be approved. Two applications for an Ether ETF were … Read more
Bitcoin is expected to rally massively after the summer’s halving event. Some anomalies suggest that this time might be vastly different. Bitcoin‘s price has surged significantly since late October 2023. The upward trend is clear in the market data, but it remains uncertain what may come next. To gain insight into potential developments during this … Read more