Analyzing Prices on 5/12: LTC, DOT, SOL, MATIC, DOGE, ADA, XRP, BNB, ETH, BTC
Bitcoin and most major altcoins are slumping, but the charts suggest that a recovery could be around the corner.
Ethereum
Beacon Chain Halts Finalization, Takes a Deep Breath, and Recovers
The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes.
US Users Can Now Purchase ETH via PayPal with MetaMask
Users in the United States can also transfer ETH from PayPal to MetaMask. The companies first announced their collaboration in 2022.
Detecting and Treating Cryptocurrency Trading Dependency
The epic highs and lows of cryptocurrency trading make traders particularly prone to addictive trading behavior.
Be cautious of $1,820 support as Ethereum derivatives show signs of bearishness
The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.
Is it Worth it? Trader Invests $120K in Gas to Purchase $155K Worth of a Memecoin
A user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade.
Will the price of ETH drop after the Ethereum Foundation’s $30M Ether sale?
Ethereum Foundation’s previous big sale of ETH preceded a bear market, but there’s little evidence that such sales affect the general market trend.
Stablecoin hack causes $6M loss for DEUS Finance.
The attacker targeted the BNB Smart Chain and the Arbitrum network, with CoinMarketCap data showing the DEI price dropping 30% following the security incident.
Ways to verify an Ethereum transaction
To check an Ethereum transaction, use a blockchain explorer and enter the transaction hash to view details such as sender/receiver addresses and gas fees.
Analysis of Prices on 5/5: LTC, DOT, SOL, MATIC, DOGE, ADA, XRP, BNB, ETH, BTC
Ether has broken out of its triangle and that may pull Bitcoin price above $30,000.
