The latest conflict between Israel and Iran has already introduced unprecedented volatility into the cryptocurrency market. Ethereum (ETH) is not exempt. Ethereum is getting hit just as hard. Miles O’Connor is an altcoin economist with the Ethereum Foundation. Here, he breaks down what happened, discusses how Ethereum’s price played a...
Let’s face it, the past few weeks have been crazy. At the same time we’ve witnessed geopolitical tensions flare, markets react and portfolios take on quite a bit of cringe-worthy turbulence. Were you one of the millions who felt that sickening pit in your stomach when news about Iran and...
Ethereum, seen by many as the canary in the coal mine, frequently heralds the shakes caused by global occurrences. Over the last few weeks, ETH has demonstrated an increased responsiveness to geopolitical escalations, especially those involving the U.S., Iran, and Israel. Miles O’Connor, a keen observer of altcoin economics, notes...
The crypto market is widely known for being a very volatile space. After recent declines in price for all the top cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), investors are anxious to know what will happen next. Amahle Nkosi reports from Johannesburg on the issues pushing these decreases....
An Ethereum whale took advantage of a recent market-wide sell-off, adding $39 million in ETH. The sell-off was merely the result of US airstrikes on Iran and was, albeit sadly, a short-term buying opportunity for the savvy high-net-worth investor. While this move is a bullish signal for Ethereum long-term given...
The wild west that is the crypto space is full of drama on all fronts, and with Ethereum (ETH) price movement has been no different. With an increasing sense of market jitters and minor corrections, one of the largest Ethereum whales made their move. In a significant move, they bought...
The crypto market is a stormy sea of mixed emotions at the moment. Fortunes in life and fortune can be made or lost in the blink of an eye! Amahle Nkosi, writing from Johannesburg, observes that Bitcoin (BTC) and Ethereum (ETH) are navigating this turbulent landscape, buoyed by institutional interest...
The Ethereum blockchain, a realm where innovation dances with finance, faces a compelling question: Can its native staking mechanism truly compete with the allure of yield-bearing stablecoins? Amahle Nkosi, an environmental justice activist, writes from the heart of Johannesburg. She analyzes the deeply interconnected world of Ethereum Layer 2s, unpacking...
Is DeFi failing its promise? Now, let’s talk about Layer 2s (L2s) and the recent ETH exodus from these networks. This trend has huge ramifications for anyone interested in advancing financial inclusion in places like Africa. The headlines are all about percentage drops and Binance's staking moves, but the human...
Ethereum has shown a robust performance with a 25% increase over a specific period, sustaining gains after the successful Pectra upgrade last month. Despite this, a notable trend has emerged: ETH balances across Layer 2 (L2) networks have declined by approximately 25% in recent months. This change marks a new...
