Ethereum remained well bid above the $1,465 level against the US Dollar. ETH could start a fresh surge if there is a close above the $1,600 resistance. Ethereum corrected lower but the bulls were active near the $1,465...
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Polygon zkEVM Heads to Ethereum Layer 2
Key Takeaways Polygon has announced its first fully Ethereum-compatible Layer 2 network, Polygon zkEVM. Polygon zkEVM will use Zero-Knowledge Rollups to offer lower transaction fees than Ethereum mainnet. The Layer 2...
Staking Protocol Lido Expands to Ethereum Layer 2
Key Takeaways The Lido development team has announced plans to expand the protocol across various Ethereum Layer 2 scaling solutions. It will initially aim make a wrapped, non-rebasing version of stETH available across...
Ethereum Could Rally If It Clears This Key Breakout Zone
Ethereum dived towards $1,000 before it found support against the US Dollar. ETH is now correcting higher and facing a key hurdle near USD 1,125. Ethereum extended decline towards $1,000 before it found support. The...
Bitcoin Price Trims Gains, Key Breakdown Support Nearby
Bitcoin trimmed gains and declined below $21,000 against the US Dollar. BTC must stay above $20,500 to avoid a major decline in the near term. Bitcoin failed to stay above the $21,000 support and extended drop. The...
Reddit Has Started Selling NFT Avatars on Polygon
Key Takeaways Reddit is launching a series of “Collectible Avatar” NFTs on Polygon. The NFTs will have a total supply in the “tens of thousands” and have utility on the Reddit site. Several other...