Market Liquidity Concerns in the Bitcoin and Ether Markets: An In-depth Analysis
At present, the Bitcoin and Ether markets are facing a concerning issue of liquidity thinning.
Ethereum Holders Can Now Purchase Solana NFTs on Hyperspace Thanks to DeSo-Powered MegaSwap
The MegaSwap integration will provide faster onboarding and easier access to cross-chain liquidity for Ethereum and Solana NFT users.
Chainlink Targets Web 2.0 Developers With New Platform Launch
Ethereum based blockchain network Chainlink is all set to launch a new platform for developers to build linkage between web 2.0 APIs and web 3.0 applications. Importantly, the new platform will allow making customizable computations on web 2.0 APIs very quickly. It is expected that this addition will go a long way in the adoption of Chainlink, which is focused heavily on the smart contracts space. Very recently, the blockchain’s core team also revealed plans to pivot to the artificial intelligence way, to tap the AI related use cases.
Coinbase Shares Up 6% Since Unveiling Layer-2 Ethereum Network Base
Cryptocurrency exchange Coinbase revealed last week that it’s launching its own Ethereum layer-2 network, and investors may be warming up to the announcement despite a regulatory crackdown across the digital assets industry.
Ethereum Spot-to-Futures Ratio Hits Three-Year Low
ETH spot-to-futures volume (30DMA) has hit a new low at 0.15, surpassing the lows of January 2020 and January 2023. During the 2021 bull run, which Cryptoslate have analyzed in the past, derivatives played a big part in the surge of cryptocurrency prices. Only 0.35 spot was purchased against futures, as opposed to today, where only 0.15 of volume is the spot. This shows investors’ risk appetite at the moment; however, in an environment of rising rates and liquidity drying up, it may not be able to support elevated prices.
Ethereum Whales Shake Off Market Uncertainty, Break 7-Year Accumulation Record
Santiment reported on Tuesday that top Ethereum whales have been filing up their bags recently. These top ETH whales which are not exchange addresses added a significant sum to bring their collective total to more than 25 million ETH.
Ethereum Holders Can Now Purchase Solana NFTs on Hyperspace Thanks to DeSo-Powered MegaSwap
We're excited to partner with Hyperspace, the cutting-edge Solana NFT marketplace, to integrate MegaSwap, the cross-chain smart service for web3. The MegaSwap integration will provide faster onboarding and easier access to cross-chain liquidity for Ethereum and Solana NFT users.
Vitalik Buterin Says ‘More Still Needs to Be Done’ Over High Ethereum TXN Fees
Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve the namesake network to better facilitate ETH as a means of payment. In one instance, Buterin shared how he tried to pay for tea for himself and friends at a coffee shop in Argentina in 2021, but had to pay 0.01 ETH (around $40 at the time) as that was the minimum deposit for the owner's exchange account. "I did not mind the 3x overpayment and treated it as a tip," the co-founder wrote.
Ethereum Holders Can Now Purchase Solana NFTs on Hyperspace Thanks to DeSo-Powered MegaSwap
We’re excited to partner with Hyperspace, the cutting-edge Solana NFT marketplace, to integrate MegaSwap, the cross-chain smart service for web3. The MegaSwap integration will provide faster onboarding and easier access to cross-chain liquidity for Ethereum and Solana NFT users.
Crypto Traders Worried About Continued Liquidity Thinning in Bitcoin and Ether
Liquidity conditions in the bitcoin (BTC) and ether (ETH) markets continue to worsen and the situation is now more alarming than it was three months ago. That has traders worried about abrupt price swings in the crypto market.
