USD Coin (USDC) Facilitated $4.5T in Transactions on Ethereum in 2022 — Report
USDC has had a big 2022 as it facilitated about $4.5 trillion worth of transactions on the Ethereum blockchain alone.
Myth Buster: Ethereum Shanghai Hard Fork Won’t Create Major Selling Pressure
With the “Merge”, the Ethereum blockchain successfully mastered the biggest upgrade in its history on September 15 last year. Even before the switch to Proof of Stake (PoS), investors were able to stake ETH to receive rewards.
Ethereum Mainnet Hits Record-Breaking 32B Weekly Gas Expenditure
Ethereum (ETH) Layer 2 (L2) networks spent a record-breaking 32 billion gas — a year-on-year increase of 22.8% — to validate transactions and activate bridges between Jan. 9 and Jan. 15, according to Dune Analytics data.
Ethereum Hits Monthly High And Turns Deflationary Again
The Ethereum price rally is on an upward trajectory since the last fortnight. Performing a little over Bitcoin’s growth, Ethereum gained 30%. On the morning of 16th January, Ethereum woke up to exciting news as Ethereum is riding high on the $1600 market price.
Bitcoin and Ethereum Poised to Resume Rally in Bid to End Bear Market
Despite the continuing struggles of FTX, Bitcoin and Ethereum prices have managed to remain resilient. Both Bitcoin (BTC) and Ethereum (ETH) have seen an upswing, indicating a positive sentiment for cryptocurrency investors.
Ahead of Ethereum Shanghai Upgrade, ETH Reaches Huge Milestone
Ethereum Shanghai Upgrade: While Ethereum (ETH) price continues to follow an upward curve since the onset of 2023, the community is looking forward to the Shanghai upgrade. The developers have recently dropped the news of preparedness for the upgrade’s launch in March. The upgrade will mean that the staked Ethereum will be open for withdrawals. Meanwhile, the number of staked ETH hit a major milestone on Monday, along with the number of active Ethereum validators.
Ethereum Turns Deflationary Amid Weekend Market Rally
Ethereum (ETH) issuance turned deflationary over the weekend amid a market-wide rally.
Shanghai Upgrade All Set for March As per Ethereum Developers
The Ethereum core development team has said that they are making steady progress toward their March launch objective for Shanghai and the addition of staked ETH withdrawals to the Ethereum network.
Why Is Crypto Exploding Now?
Yesterday, January 14th, Bitcoin crossed the $20,000 price mark for the first time since the downfall of FTX around two months ago.
Ethereum Blasts Past $1,500 Erasing Losses Due to FTX’s Collapse
Ethereum’s gains in the last week have seen it blast past the $1,500 resistance area and erasing most of its losses due to FTX’s collapse in November.
