Ethereum (ETH) hit one week of negative issuance for the first time on Sunday, as effects of the network’s deflationary design came into full display.Since the London hardfork upgrade, which implemented the deflationary EIP-1559 proposal, the network burns a portion of fees each time an Ethereum transaction is done.Ethereum is deflationary“For the first time, Ethereum just … [Read more...] about Ethereum (ETH) just hit one week of ‘negative issuance.’ Here’s what it means.
Crowd sentiment towards Bitcoin continues to dip to negative territory Bitcoin sentiment is at negative levels last witnessed in October 2020 At current rates, it could keep falling to negative levels last seen in June 2018 The Crypto fear and greed index is at 20, its lowest since April 2020 Bitcoin’s price action remains uneventful with $33k being the level to watch during … [Read more...] about Bitcoin (BTC) Sentiment Remains Negative, Nears 3-year Lows
Enjin, a blockchain gaming and nonfungible token platform, has stepped up to decarbonize its footprint by joining the Crypto Climate Accord, a move that adds further credibility to the industry’s growing environmental mandate. The Crypto Climate Accord is backed by 20 firms from the blockchain, fin-tech and greentech industries. Inspired by the 195-signatory Paris Climate … [Read more...] about Enjin joins Crypto Climate Accord, goes carbon negative
Bitcoin (BTC) is facing difficulty breaching the $40,000 mark again after briefly crossing it on May 26. The cryptocurrency is currently exchanging hands at around the $36,000 mark, which is a 44% drop from its all-time high of $64,889 on April 14. Among others, a key difference between macroeconomic conditions affecting the cryptocurrency market as a whole is institutional … [Read more...] about GBTC premium stays negative, suggests Bitcoin price sentiment still low?
Crypto services platform Crypto.com is all set to go ‘Carbon Negative’ in the next 18 months, it said in a blog post earlier today.The crypto carbon footprint“Crypto.com is committed to becoming Carbon Negative within the next 18 months. Crypto.com and Crypto.org Chain users can rest assured that we’re building a more sustainable future together,” it wrote in a … [Read more...] about Crypto.com vows to go ‘Carbon Negative’ in next 18 months