Is the Ethereum Bull Market Back, or Is There Another Drop Below $3,000?

The Ethereum price continues its uptrend following a rejection of the $4,000 resistance level. The bulls are now showing signs of strength, perhaps staging a more sizable rally. According to TradingView’s 4-hour chart, Ethereum price has been recording lower highs and lower lows within a descending channel since failing to break above the $4,000 resistance […]

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Low Ethereum Gas Fees Drive ETH Burn Rate to Yearly Lows

Currently, gas rates are reaching minimum levels not seen since 2022, which directly affects the issuance of ETH, according to data in Blockchain. Ethereum has been experiencing a drop in the amount of ETH burned, reaching its lowest level this year. This is due to a recent drop in average gas rates. Blockchain provides data […]

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Why Sui Overtook Solana in Activity

The Spam token is responsible for these high revolutions experienced by Sui. Sui, a blockchain focused on scalability, recently surpassed Solana in network activity. Thus, on May 3, said network registered 41 million transactions. Spam is an active Sui token, which aims to stress test the network’s capabilities. To do this, it assigns tokens to […]

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This Week’s DeFi Highlights

The sector remained in the fight, although finally its numbers were negative. On the other hand, individual projects gave notable signs of progress, such as the case of SIU, with the new liquidity strategies of Turbos Finance. The DeFi sector presented some interesting news this week. It is important to keep in mind that this […]

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Will Crypto Markets Continue to Rise Thanks to This Week’s Economic Data?

Markets rallied strongly following the Federal Reserve’s pivot last week and the assumption that more liquidity would be injected. The total crypto capitalization returned to pre-pullback levels, closing again at $2.5 trillion over the weekend and returning to the middle of its range-bound channel. This week’s economic calendar, it appears, will not be as volatile […]

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