Ethereum, the once unassailable ruler of DeFi and NFTs, is under siege. BlockTraderHub.com is here to explore the causes of Ethereum’s declining market share. We’ll discuss what we think this trend indicates about its future price. The article will break down a bearish chart pattern and assess the likelihood of...
Ethereum, the one time champion of decentralized finance, is learning a harsh lesson about the real world. Its market share is shrinking, and competition is pouring in. For millions of Americans, the dream of a truly democratized financial system is growing further out of reach. While analysts dissect technical charts...
The sheer audacity is breathtaking. $110 million riding on Ethereum's impending doom. This is not merely a trader’s warning — it is an alarm bell. It just yells “moral hazard” in the wild west of crypto.Is Crypto Repeating History's Mistakes?Think back to the South Sea Bubble. Or the Tulip Mania....
Ethereum (ETH) is undergoing a retracement amid a recent circulatory peak above the $1,690 point which subsequently slowed to trade under $1,600. Traders and investors are rightfully getting jittery over this turn. More importantly, it has forced them to start looking at what is causing all of the short-term price...
Ethereum has been under heavy bearish pressure lately with its price dropping and short bets skyrocketing. On Tuesday, ether traded just over $1,600. Yet, it has quickly retraced 2% to $173 during the past 24 hours. This crypto winter has resulted in more aggressive short selling, as well as a...
$110 million. That figure represents the size of the bet placed on Ethereum failing. That’s a wager that this much-hyped supposed engine of crypto’s decentralized finance revolution will fail. What does that gamble truly entail, particularly for folks in the Global South that she and her fellows led astray with...
Ethereum’s most popular scaling solution, Polygon, has witnessed a massive surge in NFT sales. In fact, it’s even beaten Ethereum’s returns over some stretches! This sudden expansion originated from the hype around Real-World Asset (RWA) NFTs. Creative endeavors like the Courtyard collection have been just as influential and indispensable to...
Polygon has shaken up the NFT scene by surpassing Ethereum with a collateral-backed collection of NFTs. Their Courtyard collection, with physical cards backing the NFTs, has brought in enormous sales volume, eclipsing nearly every other NFT project. This story underscores the growing significance of Real-World Asset (RWA) NFTs to the...
Now with the second-largest blockchain by total value locked (TVL), Solana has crazy $6.9 billion TVL. Part of this increase in TVL is due to a significant rise in decentralized application (DApps) usage. Furthermore, we have seen a significant increase in deposits across platforms contributing to the broader Solana ecosystem.First,...
Bitcoin’s teasing $90,000, and the atmosphere is buzzing with a sense of déjà vu. We've seen this movie before. This time, instead of sitting back and just watching Bitcoin, I'm looking beyond it. While everyone's fixated on whether Bitcoin will hit that magical $100K mark soon, I'm thinking about what...
