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Ethereum Purge Strategy for simplified protocols and reduced node loads
23.4.2024
Among the cornerstones of blockchain ecosystems, Ethereum has redefined thoughts about decentralized technologies. As a leading blockchain platform, Ethereum allows for the creation of smart contracts and decentralized applications (DApps) that operate without third-party interference. This...
Ethereum shows recovery signs
22.4.2024
Bitcoin Halving was done and dusted effective last Friday. The effects could show signs eventually. The first to be affected is Ethereum. Needless to say, this is speculation amid the prevailing volatility in the crypto market. Ether is trading way below $3,200. Some analysts suggest that now could...
Next-generation technology empowering Ethereum’s main network
17.4.2024
Decentralized and open-source, Ethereum is a blockchain platform that changed how digital transactions and applications are seen. It was developed to make smart contracts and dApps for cryptocurrencies possible. The mainnet of Ethereum has, however, experienced several difficulties, including...
Ethereum-based loans witness increased liquidation in April
15.4.2024
In the initial two weeks of April, Ethereum-based loans witnessed growing liquidation, whereas crypto prices made a reasonable comeback after a very recent selling-off. In the case of Ethereum, it seemingly encompasses almost the entire lending scenario. As per The Block’s data dashboard, almost...
Ethereum eyes $4580 if it sustains above $3500: Trader’s Opinion
9.4.2024
The price of Ethereum, the second-largest cryptocurrency, increased significantly in March 2024, much like that of Bitcoin. From March 7 to March 13, it increased to $4,044, a significant weekly gain of 7.75%. This occurred due to Bitcoin’s increased value and increased demand. The number...
What does the future hold for sports empowerment through Ethereum?
9.4.2024
A critical player in the cryptocurrency industry, Ethereum is emerging as a game-changer, revolutionizing various aspects of the sector. As a blockchain-based platform with decentralization features, Ethereum provides secured and auditable transactions that foster innovative solutions for sports...
Ethereum sees a rise in new users as long-term holders sit tight!
8.4.2024
In recent developments, the Ethereum blockchain, also known for its native cryptocurrency, ether, is seeing a rising number of long-term holders. With new data from The Block indicating that one-year active supply is breaking down recent records, we can see that long-term investors remain...
Peter Brandt slams “Outrageous” Ethereum gas post-Dencun upgrade
5.4.2024
Eminent financial specialist and professional marketer Peter Brandt has once again doubted the prospects of Ethereum (ETH), the well-known blockchain platform, the originator of smart contracts, and the foundation of the Decentralized Finance (DeFi) industry. According to Brandt, Ethereum, despite...
The rise of NFTs and their influence on the Ethereum ecosystem
5.4.2024
In the early 2010s, blockchain technology emerged, and cryptocurrencies such as Ethereum and Bitcoin began to enter the platform. That is when the idea of NFTs also got its origin. Blockchain technology ensures ownership of NFTs, which are non-transferable, non-interchangeable, and irreplaceable....
Ethereum Layer-2 valuation is expected to reach $1 trillion by 2030
4.4.2024
The valuation of Ethereum layer-2s is predicted to reach a massive milestone of $1 trillion by the end of 2030. This is based on the fundamental analysis of five key areas under the lenses of user experience, developer experience, and technical capability. Key areas in the conversation...
SEC reviews Fidelity/Grayscale/Bitwise ETH trust proposals
4.4.2024
The Securities and Exchange Commission (SEC) has reached out for public opinion regarding three NFTs. They include the Fidelity Ethereum Fund, the Grayscale Ethereum Trust, and the Bitwise Ethereum Trust. The fact that the SEC refuses to throw any light on the matter, according to Bloomberg, is...
Ethereum advances with EIP-4444: A leap towards efficient data management
2.4.2024
Introduction of history expiration via EIP-4444 to limit historical data storage. Nodes can prune over-a-year-old historical blocks. Historical data is only necessary for peer synchronization or specific requests. Since the release of the hugely celebrated Dencun upgrade in mid-March, which...
Coinbase’s Alesia Haas explores ETH’s security stature and FTX-related trust-building
2.4.2024
In an interview with Fortune, Coinbase’s Chief Financial Officer, Alesia Haas, gave a sneak peek into what the future of finance might look like, both for Coinbase and the world of cryptocurrency. Under the direction of CEO Brian Armstrong, Coinbase has consistently expanded its empire in...
ConsenSys submits comment letter to SEC urging approval of ETH ETF
1.4.2024
Recently, the SEC requested feedback on whether or not Ethereum’s Proof of Stake (PoS) creates “unique concerns” of fraud and manipulation that the agency should consider before approving applications for Ethereum ETFs. The following are among the six questions the SEC requested...
Bitwise files for Spot ETH ETF but wants SEC to wait till December
1.4.2024
Bitwise has recently filed for a spot in Ethereum ETF with the US Securities Exchange Commission (SEC). The technology solutions provider wants to leverage the success of the Bitcoin ETFs in the US. However, Bitwise has expressed hope that the SEC will wait until December to make the final...
Ethereum Blobs have finally come
29.3.2024
A blob is a temporary, low-cost memory that stores information pertaining to transactions. The implementation of Ethereum proto-sharding has introduced a novel notion referred to as “blobs.” The implementation of structures can be described as a pivotal moment in Ethereum’s...
Bitwise unveils key analysis in new Ethereum ETF filing
29.3.2024
Within the cryptocurrency market, Bitwise, a well-known crypto manager, has taken a significant step and is now introducing a new investment product that deals with Ethereum, the second-largest digital currency worldwide in market cap. The entity has already filed with the SEC an S-1 form, where...
Fidelity Investments goes ahead with the spot Ether ETF proposal
28.3.2024
Despite all the negativity surrounding applications for spot Ether ETF, Fidelity Investments has decided to continue pursuing its plans. There seems to be total clarity on the fact that the company intends to release an ETH ETF in November, when Cboe, the exchange where the product will be traded...
US lawmakers seek SEC explanation regarding crypto platform
27.3.2024
Lawmakers have requested Chair Gensler to elucidate the SEC’s position in an SPBD’s skill to custody non-securities. American lawmakers, under the leadership of Patrick McHenry, sent a clarification letter to Gary Gensler, Chair, SEC. The lawmakers requested clarification about...
SEC’s Ethereum security stance could ignite price volatility ahead
22.3.2024
Ethereum had hit a low of ~$3,000 recently. It has now retraced to a higher mark of $3,500 when articulating this piece. Nonetheless, uncertainty prevails, and Ether’s prices can swing either way. The closest resistance mark has been defined at $3,550. Technically, ETH is closer to its resistance...