Ether (ETH) Price Under Pressure as Ethereum Blockchain Revenue Plunges, Crypto Turns Inflationary

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Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon

[ad_1] “Over the past 18 months we’ve been investing in this space, we’ve continued to hire, we’ve continued to grow not only our business development and our go-to-market teams but also our product and engineering capabilities,” James Tromans, global head of Web3, Google Cloud, told CoinDesk TV in an interview last week. “We’re really beginning […]

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Ether (ETH) ETF Push Narrows Discount on Grayscale’s ETHE to Slimmest in a Year

[ad_1] “The market is weighing higher odds that Grayscale will be able to convert its ETHE product into an ETF following the push from traditional finance giants into the space,” Lucas Outumuro, head of research at crypto analytics firm IntoTheBlock, noted in a report. [ad_2]

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Coinbase Launches Own Blockchain as Sleuths Scour PayPal’s Stablecoin Software

[ad_1] Decentralized finance or DeFi ecosystems are still suffering through crypto winter, according to the analysis firm Messari. As a whole, the industry’s total value locked, or TVL – a key metric that represents collateral and deposits put into blockchain protocols – has been declining. On Ethereum, by far the biggest DeFi ecosystem, TVL dropped […]

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