Cryptory.net - Cryptocurrency is poised to transcend its bubble and achieve widespread adoption, primarily attributed to the emergence of layer-2 blockchains alongside other influential factors.
Cryptory.net - In a single day, Ethereum witnessed a significant loss of $400 million in open interest, following the recent $600 million decrease in the last few days. This sudden occurrence has resulted in increased selling pressure.
Cryptory.net - The cryptocurrency market commenced the new week on a positive note, as indicated by the significant upward movements witnessed by numerous altcoins, with Bitcoin (BTC) standing out in particular.
Cryptory.net - Decentralization proponents and network participants are expressing censorship concerns as an increasing number of Ethereum blockchain operators comply with sanctions imposed by the OFAC.
Senior Macro Strategist at Bloomberg Intelligence, Mike McGlone, suggests that Ethereum (ETH) is currently unable to surpass the $2,000 price level following a failed attempt to do so during the recent stock rally.
After a period of being heavily impacted by negative news, the world's biggest cryptocurrency Bitcoin is having an impressive recovery of more than 8%.