Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
London Hard Fork
Ethereum’s Priority Transaction Network Eden Raises $17M to Protect Against Malicious MEV
The Eden network has raised about $17.4M in a funding round led by Multicoin Capital to protect its users against miner extractable value(MEV). Several frontiers, including Jump Capital, Alameda Research, and Yearn Finance Founder Andre Cronje, also procured the funding round. The network raised funds following the sales of EDEN tokens. Consequently, the funds will enable it to increase adoption, improve infrastructure and develop its network. In addition, the network plans to protect users against front-running with MEV fully. The…
4 years ago
ETH on a Bullish Pattern, Awaits the Release of The London Hard Fork
Ethereum and other tokens based on the Ethereum network have recently been on a steady increase in prices, especially while awaiting the London fork(EIP-1559) set to happen on 5th August. The London fork is defined as Ethereum's supply rally, taking on the principles of Bitcoin's quadrennial halving event. The Ethereum network, its sub tokens have been on a bull run for a few days, ushering in the event. Ethereum on A Bullish Pattern Ethereum has been in a bull run…
4 years ago