Ethereum on track for $1B annual profit as DeFi drives Q1 revenue

Ethereum’s blockchain network is projected to generate approximately $1 billion in annual earnings, following a profitable Q1 with revenues amounting to $365 million. This success is coupled with a substantial increase of 155% compared to the same quarter last year. According to a report by The DeFI Report’s analyst Michael Nadeau released on April 17, … Read more

Shiba Inu: Key indicator shows concerning signs, what now?

Shiba Inu’s key technical indicator has suggested the possibility of a future decline. The coin’s price remains at risk of significant price swings. On a weekly chart, the Parabolic SAR indicator for Shiba Inu’s SHIB suggested the potential for a prolonged downtrend. The Parabolic SAR (Stop and Reversal) indicator helps determine the trend and possible … Read more

Why Chainlink [LINK] and MATIC are more similar than you think

LINK and MATIC have witnessed consecutive declines in the past few days. Holders are currently holding at a loss due to their price declines. At a casual observation, Chainlink (LINK) and Polygon (MATIC) might seem unconnected. However, an intriguing discovery can be made when examining their positions on the market cap list: their rankings display … Read more

Coinbase shares slump, but Base revenue signals it’s undervalued — Analyst

Over the past five days, the value of Coinbase (COIN) shares has dropped by 16%, following the trend of increased volatility in both the cryptocurrency and stock markets. However, one market analyst believes that this downturn could actually present an attractive purchasing chance for investors. “Crypto analyst Will Clemente expressed on a recent ‘Unchained Crypto’ … Read more

Mark Zuckerberg says Meta wearables that read brain signals are coming soon

Mark Zuckerberg, the CEO of Meta, has suggested that his company is making advances in creating the initial “brain-computer interface devices for consumers.” These gadgets are non-intrusive and can decipher brain signals to operate computers. “One of the things that I’m pretty excited about — I think we’ll start getting some consumer neural interfaces soon. … Read more