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SEC may approve Spot Ethereum ETF’s 19b-4 first, delaying S-1
20.5.2024
Two sides of the Spot Ethereum ETF have emerged now, and it is crucial for the US Securities & Exchange Commission to consider both for approval. Only then will the status of the said ETF become clear. The first side pertains to 19b-4, the approval of which enables exchange platforms to list...
Near and mid-term Ethereum permissionless and decentralization advances
20.5.2024
The upcoming days of decentralization and permissionless features of the Ethereum network will revolve around two concepts: MEV minimization and MEV quarantining. MEV stands for Maximal Extractable Value, which is a complex problem for blockchains in the public domain. There are two forms...
Ethereum Technical Insights: ETH Crosses $3,100 Mark for the First Time in 21 Days
20.5.2024
Ethereum’s price has been exhibiting a narrow intraday range between $3,048 and $3,139. With a market capitalization of $373 billion and a 24-hour trading volume of $9.83 billion, the cryptocurrency shows a mixed technical outlook. At 7:57 (EDT) on Monday, ether is exchanging hands for just...
How Ethereum’s gas fees shape blockchain transactions
20.5.2024
The fee needed to complete a transaction or a contract transaction on the Ethereum blockchain is called gas. Fees are denominated in ether, a small fraction of cryptocurrency-(ETH) called gwei (10-9 ETH). The resource provider is paid using “Gas” to validate the transaction’s consumption....
What is the Ethereum (ETH) burn address
18.5.2024
The Ethereum burn address is a null address where ETH and other Ethereum-based tokens are sent to be permanently removed from circulation
Ethereum price corrects technically after the rise
17.5.2024
Ethereum is currently testing its $2,925 support, and it anticipates a massive price hike in the coming days. After the bears defended $3,040, ETH entered a downside correction stage. According to recent market reports, the Ethereum price trades below $2,960, as does the 100-hourly Simple Moving...
Ethereum eyes recovery, trails surge in Bitcoin
16.5.2024
Ethereum has breached the milestone of $3,000 and is now looking to test the next-best resistance of $3,050. However, an actual recovery depends on how Bitcoin makes a move on the price chart. ETH is essentially trailing BTC, with Bitcoin moving above $65,000 at the time of writing this article....
Ethereum Price Prediction as Mysterious Wallet Buys Up 29,000 ETH – Bullish Signal?
15.5.2024
The Ethereum (ETH) price is picking up on Wednesday amid a broader rally across crypto and traditional asset markets following US CPI data, with some traders focusing on a mysterious wallet that just scooped up 29,000 ETH, and some are interpreting as a bullish signal.
The post Ethereum Price...
Vitalik Buterin proposes an Ethereum upgrade protocol with a new gas model
15.5.2024
Vitalik Buterin, one of the inventors of Ethereum, has envisioned reshaping the gas fee structure on the blockchain through a proposal called EIP-7706. Creating a new category for call data is the main objective of this agreement, which aims to reinvent the way transaction fees are computed...
Ethereum trades sideways as institutional whales pile into Coinbase
14.5.2024
On Monday, Ethereum (ETH) continued to trade within a narrow range while the market was still calm. However, institutional investors also referred to as “whales,” continued to exhibit significant volume activity by purchasing large amounts of Ethereum for Coinbase. After a week,...
Stolen Poloniex Ether worth $53M never made it back to the exchange
14.5.2024
The Poloniex hacker moved over 17,800 Ether (ETH) from six different wallets into a single Tornado Cash address
Ethereum ETF applications seeking regulatory approval
13.5.2024
Industry experts constantly ask when the American supreme financial authority, the US SEC, will approve Ethereum ETFs following January’s historic approval of eleven spot Bitcoin ETFs. In order for the Ethereum ETF to be approved, a fund management professional must purchase digital assets...
Ethereum Technical Analysis: ETH Bulls Press Forward Hinting at Possible Reversal
13.5.2024
As of May 13, 2024, ethereum presents a complex landscape for traders, characterized by fluctuating prices and diverse market signals. Despite a slight 1% uptick over the past day, the broader perspective shows a week marked by a 6.1% decline, setting a cautious tone for ether traders. Ethereum...
Michaël van de Poppe anticipates a major change in Ethereum (ETH)
13.5.2024
Michaël van de Poppe, a crypto analyst, predicts a major transformation in Ethereum (ETH) that will prevent the SEC from granting consent regarding applications for spot Ethereum Exchange Traded Funds (ETFs). He duly informs his 717,600 followers that, in his opinion, this will not happen soon. ...
Ethereum dips: Analyst eyes $2,500 target as support breaks
10.5.2024
The scenario for ETH is bearish, and it could drag lower in the next couple of days. Ethereum had previously tested its resistance at $3,100. Analysts had predicted that a fall below that mark would trigger an unprecedented downfall for the 2nd-ranked cryptocurrency in terms of market cap. With...
Ethereum Price Prediction Amidst Heavy Whale Purchases – Will ETH Break Past $3,000 Soon?
10.5.2024
The Ethereum (ETH) price is swinging either side of the $3,000 level as traders monitor a spike in whale purchases and ask whether the cryptocurrency could soon be set for a rebound.
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Vitalik looks for backing of short term wallets on Ethereum
9.5.2024
The Co-Founder of Ethereum, Vitalik Buterin, came out with a fresh Ethereum improvement proposal (EIP) that intends to adjust with the builder’s contrasting methods of account takeaway in forthcoming hard forks. EIP-7702 comes after EIP-3074, which was appropriate for acceptable...
Ethereum seeks direction: Can ETH bulls reclaim $3,000?
9.5.2024
The price of Ethereum remained extremely disturbing, with further losses going under the $3,050 mark, much like Bitcoin ETH going under $3,000. The drop occurred when it was at $2,936 and is currently only traveling south. The Ethereum trade price has sunk to $3,050, along with the 100-day simple...
Proposal for Ethereum Grayscale Ethereum ETF is No More
8.5.2024
Application for Grayscale Ethereum Futures Trust FTF was withdrawn on 3rd May 2024. The Securities and Exchange Commission had delayed decisions on spot Ethereum Exchange Traded Funds over the past months. A document filed recently indicates that a proposal for listing and trading shares...
Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer
8.5.2024
The famous hacker from Poloniex who caused the Bitcoin exchange's security breach the previous year is again on the loose. In an attempt to launder the stolen money, the burglar transferred 1,100 Ethereum (ETH), worth $3.4 million, to the authorised cryptocurrency mixer Tornado Cash on May 7.
The...