Ethereum's popularity 'a double-edged sword' — a16z's State of Crypto Report

cointelegraph.com

“Ethereum's overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated.

Read in Full: cointelegraph.com

Timeline of Ethereum


Web2 giant Cloudflare to run Ethereum 2.0 validator nodes - CryptoSlate

Almost 20% of all internet traffic on the planet runs through Cloudflare's infrastructure, and they are now going to be running an Ethereum Consensus Layer node by staking ETH. The post Web2 giant Cloudflare to run Ethereum 2.0 validator nodes appeared first on CryptoSlate.


Ethereum Whales Pick Up Chainlink and Three Additional DeFi Altcoins As Crypto Markets Stabilize: WhaleStats - The Daily Hodl

The largest Ethereum (ETH) whales in existence are accumulating decentralized oracle network Chainlink (LINK) and a collection of decentralized finance (DeFi) altcoins as the crypto markets show signs of stability. According to blockchain tracker WhaleStats, the top 100 Ethereum whales are currently most interested in three stablecoins and over a half dozen altcoins, with Chainlink The post Ethereum Whales Pick Up Chainlink and Three Additional DeFi Altcoins As Crypto Markets Stabilize: WhaleStats appeared first on The Daily Hodl.


Ethereum finds a local bottom but these levels can save your portfolio - AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum saw a fall in gas prices, likely prompted by a decline in DeFi usage. The much-anticipated Merge was not likely to rescue Ethereum from bearish jaws on the price charts just yet.

EthereumETH$1329.760000

L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow - Bitcoin

Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have been


This Analyst Believes Ethereum May Lose 80% Of Its Value - NewsBTC

According to a recent Bloomberg article, John Roque of 22V research believes that Ethereum might fall to $420, a loss of 80% from its present price, and here's why. Ethereum May Fall 80% The trader believes Ethereum, which is presently trading at $2,000, is about to break through the support zone and will most likely fall below $420.


The firm behind the Bored Ape Yacht Club NFT collection is in talks with layer 1 suitors as the project considers a post-Ethereum future. - Coindesk

After Yuga Labs' disastrous non-fungible token (NFT) minting for its “Otherside” metaverse land sale cost investors more than $100 million in transaction fees, both Yuga Labs and ApeCoin DAO board members are listening to offers about migrating ApeCoin off Ethereum, CoinDesk has learned.


Ethereum (ETH) Price Might Drop 80% In Coming Months. Here's Why and How! - CoinPedia

The crypto industry is still plummeting,  the global crypto market capitalization has dropped 1.17 percent to $1.29 trillion. According to Coinmarketcap numbers, worldwide crypto volume fell 11.05 % to $87.18 billion. Ethereum (ETH) had been trading at $2,056.23, dropping 0.79 %. Several investors Ethereum, the second most successful cryptocurrency by trading volume, have lost their …


Cloudflare grants public access to Ethereum and IPFS gateways - Cryptopolitan

In a recent development, the renowned web infrastructure platform, Cloudflare has issued support for the development and deployment of Ethereum. The platform has issued consumer access via Ethereum and Interplanetary File System (IPFS) Gateways.


Ethereum price analysis: ETH bounces from $2,000, swift push higher next? - Cryptopolitan

Ethereum price analysis is bullish today as we have seen a higher low set at $2,000 and another push higher since. Therefore, we expect the $2,200 resistance to be reached soon and another higher high set.


Ethereum Targets $2.1K But Are the Bulls Back in Town Yet? (Ethereum Price Analysis) - CryptoPotato

Following a disappointing performance of US stocks yesterday, the crypto market has also kind of stagnated. The bulls do not seem to have regained their strength, and the bears remain in control.

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