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Open interest in ether options suggests bullish anticipation regarding the potential approval of a spot ETH ETF in May, an analyst said.Ether’s price increased by over 2% on Wednesday, changing hands for $2,395, according to The Block’s Price Page.
Increase in dormant wallet activity leads to record spike in “Age Consumed” metric.
Quick Take: A team of four have combined the ERC-20 token standard and NFTs to create a new standard of semi-fungible tokens called ERC-404. We explore how this came to be, how the project works and what’s next.
Pyth Network has unveiled the second phase of its retrospective token airdrop to over 160 eligible dapps.Some 100 million PYTH tokens — worth around $47 million — will be distributed to the dapps, following the 255 million PYTH allocated to DeFi users in November.
The crypto market hasn't moved much since the launch of Bitcoin ETFs, and data indicates it may stay that way for the first half of 2024.
The cryptocurrency market is poised for a near-term downside correction because the Federal Reserve’s suggested rate cut delay has yet to be priced in, according to an analyst.Bitcoin traded flat over the last 24 hours, holding above the $43,000 mark.
DeFi TVL have increased by 68% since November 2023 thanks to the improved market conditions.
Quick Take: Ethereum core developers have deployed the Dencun upgrade, which incorporates proto-danksharding (EIP-4844), on the Holesky test network. The Holesky implementation marks the final Ethereum testnet upgrade before an anticipated mainnet deployment of Dencun in March.
