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Here’s why Ethereum may face mounting odds against a recovery

Here’s why Ethereum may face mounting odds against a recovery

Just a day after crashing 7% along with other major cryptocurrencies, Ethereum is back again in the news. There is growing uncertainty over its short-term prediction with different data sets suggesting more confusion for investors.

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Bloodbath Continues as Bitcoin Dumped to Lowest Price Since January (Market Watch)

Bloodbath Continues as Bitcoin Dumped to Lowest Price Since January (Market Watch)

Bitcoin’s situation worsened once more in the past 24 hours, and the asset fell to its lowest position since January 24. Somewhat expectedly, the alternative coins are in an even worse shape, with massive price

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Bitcoin Fear and Greed Index Deep in ‘Extreme Fear’ as BTC Dumped to $34K

Bitcoin Fear and Greed Index Deep in ‘Extreme Fear’ as BTC Dumped to $34K

With bitcoin’s price continuing to lose value, the popular Fear and Greed Index has dropped into an extreme fear territory once again. In fact, the metric hasn’t been in such a poor state since late

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Ethereum: Despite bleak price action in ETH, here’s what derivatives data has to say

Ethereum: Despite bleak price action in ETH, here’s what derivatives data has to say

Ethereum’s progress seems to have absolutely stalled as the king of altcoins has failed to recuperate its losses from the first quarter of the year. At around $3,000, ETH was doing even better until the

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Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD

Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD

On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it

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SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue

SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue

The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million

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Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support

Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support

Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take

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Ethereum: Will ETH defeat bears despite the ongoing capitulation

Ethereum: Will ETH defeat bears despite the ongoing capitulation

As per the latest data released by Santiment, on 7 May, the Ethereum network experienced a 3.4 times rise in the number of transactions as compared to any other day. The tweet further stated that

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Sony Partners With Theta Labs to Launch 3D NFTs for Its Spatial Reality Display

Sony Partners With Theta Labs to Launch 3D NFTs for Its Spatial Reality Display

Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and are designed

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Cardano’s First eUTxO Cross-Chain DEX Goes Live on Public Testnet: Details

Cardano’s First eUTxO Cross-Chain DEX Goes Live on Public Testnet: Details

Cross-chain DEX combines contracts from AMM DEXs with order contracts from order book DEXs According to his official Twitter account, ErgoDex, Cardano’s first eUTxO cross-chain DEX, has launched on its public testnet. ErgoDEX is a

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