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Market Analysis: Ethereum

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  • MetaMask does not collect taxes on crypto transactions- ConsenSys
    ConsenSys says allegations about MetaMask as false The section in its terms referred to in allegations that MetaMask collects taxes on crypto only applies to given products and paid plans that the company offers, not MetaMask. The particular products and plans are also those that involve sales tax only. ConsenSys, the company behind the popular […]
  • Ethereum price prediction: Will ETH top the $2k level soon?
    Key takeaways Ether has been trading around the $1,800 region over the past few weeks. The crypto market is slowly recovering from its recent slump and ETH could target the $2k psychological level soon. Ether is yet to test the 11-month high of $2,141 since it reached that level after the Shanghai update. Ether could […]
  • Wintermute sells 2.651M Optimism tokens on Binance ahead of token unlock
    386 million Optimism (OP) tokens will be unlocked on May 31, Wintermute transferred 2.651 million OP tokens to Binance and later sold all the tokens. The OP tokens were sold for $1.63 per token. In what is seen as avoiding losses, the decentralized finance (DeFi) platform Wintermute transferred some of its Optimism (OP) tokens to […]
  • Tornado Cash price: no TORN boost even as deposits resume on major exchange
    TORN price was down 3% and traded near $4.09. Binance had on Monday announced it would be resuming TORN deposits. The Tornado Cash DAO suffered a security breach as an attacker leveraged a malicious proposal to drain the treasury. The price of Tornado Cash (TORN) was down more than 3% on Tuesday morning and traded […]
  • Germany’s Deutsche Telekom set to become a Polygon validator
    Germany’s Deutsche Telekom is one of Europe’s largest telecommunications companies. Deutsche Telekom provides consulting and software development services. Polygon has about 100 validators providing staking and validation services for the network. Germany’s Deutsche Telekom is set to leverage its infrastructure in Web3 to become a Polygon Network validator. The Ethereum scaling protocol Polygon has about […]