Ethereum: Here's the caveat to look out for as ETH 2.0's TVL reaches new ATH

Ethereum, the largest altcoin within the crypto market possesses one of the strongest enthusiasts/holders within this domain. Despite many headwinds, these holders have maintained an undeterred narrative regarding holding their coins.

Timeline of Ethereum

Polygon recently commissioned a report to study the Layer 2 scaling solutions and create a framework for comparison. It uses the example of the Ethereum for studying layer-1 ecosystem challenges and throws light on ETH layer-2 scaling solutions.

Out of 1 billion newly created tokens, Hop gave 33.5 million to bridge users. The post Ethereum bridge Hop Protocol unveils token and airdrop for early users appeared first on The Block.

The amount of Ethereum staked on the Beacon Chain has reached another milestone despite asset prices tumbling today. The post Staked Ethereum Reaches 10% of Circulating Supply appeared first on BeInCrypto.

Nearly $6.3 billion worth of the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), has been burned since the implementation of Ethereum Improvement Proposal (EIP) 1559 via the London hard fork on August 5. According to data from tracking website Watch the Burn, a total of 2.274 million ether worth $6.27 billion has been burned since August,

After the US fed meeting yesterday, the major cryptocurrencies had surged. The main drivers for this bull run are Bitcoin, Ethereum along with other altcoins.  But today the flagship currency has dropped by more than 5% in just a few hours trading below $37,000. As Bitcoin plunged so did the entire crypto market. Among many …

Prices for GPUs have been steadily declining for the past few months, as demand from Etherium miners seems to be dwindling. The post A look at the trends driving down GPU prices — and what this means for Ethereum miners appeared first on The Block.

ETH achieved a healthy pump during 4 May's trading session after a 50 basis point rate hike was announced. The cryptocurrency has been trading within a falling wedge pattern for almost four weeks but it broke out of its resistance line after the announcement.

Ethereum exchange inflows had been on the high side for the better part of the past week. They averaged above $1 billion each day giving credence to the sell-off trend that has been experienced in the market.

Ethereum price analysis is bearish today as we saw a solid rally to the $2,950 resistance turn into consolidation overnight. Since strong selling pressure returned over the last hours, we expect ETH/USD to decline even further and look to break the previous low at $2,725.

ETH price continues to move in a range-bound manner with high or low trading volumes alternatively. Investors are advised for a clear directional bias,  before placing aggressive bids.