Ethereum, the second largest cryptocurrency by market capitalization, is at a great crossroads. Its market cap is nearly $200 billion, and its retroactive paradigm-shifting growth would make even Bitcoin envious. Over the past few decades, its performance has been dismal. The cryptocurrency finds itself having to navigate new internal battles...
Ethereum, the second largest cryptocurrency by market capitalization, has always been one of the most closely watched, focused and speculated cryptocurrencies. Like all realities, its course has been dotted with times of meteoric increase and mighty downturn. As BlockchainShock aims to provide insightful market sentiment analysis, advanced technical breakdowns, and...
Ethereum. The same name that it took to wave away concerns about the next technological disruption, the walletless future emerging all around us. Remember 2021? A peak of nearly $5,000! Now? It's struggling to stay relevant. We were promised a revolution. What happened?...while Ethereum continues to encounter significant technical hurdles....
On Tuesday, ZKsync (ZK), an Ethereum layer-2 scaling solution, suffered a security exploit. Hackers compromised its admin wallet and minted 111 million unclaimed ZK tokens that were withdrawn, worth $5 million. The ZK token price collapsed in the aftermath of the incident. It immediately fell close to 19% before recovering...
Ethereum. The supposed evolution of blockchain. But is it really? Or is it an overreaching house of cards made all of ambition, set to fall asunder by its complexity? As Bitcoin fights potential resistance at $85,000 to the upside, Ethereum is already moving further into the red, currently unable to...
Let's be frank. Watching Ethereum’s journey has been like watching a mad scientist on the verge of inventing the nuclear bomb. It’s maddening to watch someone else make a mint off all that effort. We poured our belief, and our ETH, into the angels of a decentralized future. Are we...
Ethereum, the former king of kings in the realm of smart contracts and dApps (decentralized applications), has been making major technical strides. Transaction speeds have increased dramatically, or in some cases transaction costs have decreased. These benefits are an outcome of the overall upgrades such as the Merge alongside the...
The numbers don't lie. Ethereum has evolved. Transaction fees are down – drastically. Speed is up. Energy consumption? Gutted. The market’s living as if it’s 2017, seized by the throes of sunk cost fallacy. It's baffling. It's infuriating. And frankly, it's an enormous opportunity… especially if you're looking at Southeast...
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has started to perk up in recent weeks and is on the cusp of breaking out. Unlike other cryptocurrencies, investors and traders are sharply tuning into its price actions as it treks through significant resistance levels. In this article, we’ll take a...
That 4% jump in Ethereum's price yesterday? Of course, it’s encouraging to see ETH back over the $1,625 mark again. But let’s not kid ourselves, are we actually celebrating, or are we just whistling past the graveyard. Because while everyone's eyes are glued to those short-term price movements, a much...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...
The original and inarguable promise of crypto was decentralization and freedom. We lost sight of that dream and exchanged it for something else. A façade that appears solid even if it’s a digital optical illusion shimmering on top of a fintech swamp crater. I'm talking about stablecoins.Are Your "Safe" Coins...