As there has been a decline in network activity, Bitcoin miners’ income has fallen to its lowest level in the past year. Taking into consideration the Mining Position Index [MPI], Bitcoin is currently in its longest period of reduced selling pressure from miners post-Halving, pseudonymous CryptoQuant analyst Papi found in a new report. BTC’s MPI […]
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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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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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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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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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