Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
Ethereum
Syntrum Unveils Upcoming $SYTDAO Presale and Tokenomics
Syntrum is excited to unveil its upcoming presale for the Syntrum Founders DAO Token. Offering substantial rewards, potential for return on investment, and governance rights, this token presents a unique opportunity for early supporters. Token holders will gain access to a comprehensive digital ecosystem comprising Decentralized Finance (DeFi), Gaming Finance (GameFi), and Non-Fungible Tokens (NFTs). Syntrum has uniquely structured its token economics to include no team allocation but instead a sales allocation for members, Decentralized Exchange (DEX) liquidity, and staking…
3 months ago 613 views
Unveiling the ERC-4337 Account Abstraction Standard – What You Should Know
The Ethereum blockchain is always changing and adding new features to make it easier to use. One of the latest developments is the introduction of ERC-4337. This account abstraction standard promises to revolutionize how users interact with Ethereum. This guide will tell you about ERC-4337. We'll explain what it is, how it works, and the good and bad things about it. We'll also talk about why you should use this new standard for smart contracts. By the end of this…
6 months ago 1.2 k views
ViceHub – The Home of Satirical NFT Art on the Blockchain
ViceHub is a Solana and Ethereum-based NFT marketplace aiming to become the go-to platform for NFT art focusing on satire, parody, and meme comedy. The project is fresh on the market but has already debuted its first collection of satirical art. For example, the Lolita Adventures NFT series includes 26 NFTs, each a humorous portrayal of Bill Clinton's flight onboard the infamous "Lolita Express" private jet with Jeffrey Epstein. The auction for the first Lolita Adventures NFT, Flight One-II.IX.MMII is…
7 months ago 1.2 k views
Ethereum’s Zhejiang Staking Withdrawal Testnet for Shanghai is Live
At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…
8 months ago 950 views
Ethereum Devs Disagree Over Technical Tweak as Shanghai Upgrade Nears
Post-merge Ethereum users have been eagerly awaiting the commencement of the network’s next major upgrade, Shanghai. However, after over 3 months of prep time, it appears the Shanghai rollout isn’t going as smoothly as expected. What Exactly is the Shanghai Upgrade? In September last year, the much-publicized Ethereum Merge also known as the Ethereum 2.0 upgrade went live. Ethereum underwent some significant changes as its consensus mechanism transitioned from proof-of-work to a cost-efficient proof-of-stake system. However, since the Beacon launch…
9 months ago 1 k views
Primex Finance Introduces Beta 0.3.0 App With Deployments to Polygon Mumbai and zkEVM Testnets
Cross-chain prime brokerage protocol Primex Finance rolls out a major update to its application. Launching in two stages, Beta 0.3.0 introduces a variety of new features and improvements and fixes of existing functionalities. Starting on January 12th, 2023, Phase 1 was exclusively available for Primex Early Users, who could be the first to have a hands-on experience with Beta 0.3.0. From now on, Early Users will get privileged access to all major protocol updates in the future (beginning from Beta…
9 months ago 1.4 k views
Ethereum Recorded 4x More Transactions in 2022 But BTC Remains Popular
2022 saw crypto second-in-command the Ethereum network surpass Bitcoin in terms of transactions. Indeed, Ethereum reeled in four times the amount of transactions BTC processed in the past 12 months. Interestingly, despite this, BTC was able to retain its status as the best-known cryptocurrency, netting more searches than Ethereum did. BTC Attracts the Most Online Interest in 2022 An analyst shared data on Reddit from financial services corporation Nasdaq alongside investment research platform Ycharts pertaining to both crypto assets. Per…
9 months ago 1.7 k views
Astar Network Named ‘Product of the Year’ At the JBA Annual Blockchain Award
Astar Network, the smart contract platform for multichain, has been awarded the Product of the Year at the 4th annual Blockchain Award by the Japan Blockchain Association. In addition, Astar Network’s founder and CEO, Sota Watanabe, bagged the Person of the Year award for the second consecutive year at the same event. Astar Network and Sota Watanabe emerged as the favorites of the Japanese Web3 community in a survey conducted by the Japan Blockchain Association (JBA). The JBA is the…
9 months ago 1.1 k views
Coinbase Predicts No Reprieve for Altcoins in 2023
In its latest report, crypto exchange Coinbase predicts the crypto bear market will extend for many more months. The company’s research team believes this year’s deleveraging cycle has harmed the investors' interest in altcoins. A Flight to Bitcoin and Ethereum Per the company’s report released on Wednesday, the multiple insolvencies plaguing the crypto industry have crushed investor confidence in the space. This is likely to extend the crypto winter well into 2023. “Constraints on liquidity may also disrupt normal market…
10 months ago 987 views