Crypto analyst Jacob Canfield has laid out a comprehensive analysis, suggesting Solana (SOL) could be on the brink of an unprecedented market surge. “In...
The value locked in DEFI erased $55 billion in two months while the ETH dominance lost 14% as we can see further in today’s latest cryptocurrency news today. The crypto economy was sliding in value during the past two days with the current market valuation for 13,000 crypto assets is $1.83 trillion while the total […]
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week […]
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum […]
Ethereum loses its dominance in the DeFi space according to analysts at JPMorgan as we can see in today’s Ethereum latest news. Ethereum loses its dominance in Defi and it could start reclaiming some ground following the ETH 2.0 update. Analysts at the investment bank including Managing Director Nikolaos Panigirtzouglu noted that Ethereum is losing […]