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Ethereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause
26.2.2024
Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages...
Polygon Spinoff Avail Secures $27M in Seed Funding From Founders Fund, Dragonfly
26.2.2024
Polygon spinoff Avail raised $27m in seed funding led by Peter Thiel’s Founders Fund and Dragonfly, the company announced Monday.
The post Polygon Spinoff Avail Secures $27M in Seed Funding From Founders Fund, Dragonfly appeared first on Cryptonews
Avail, an Ethereum Data Network to Rival Celestia, Raises $27M In Seed Round
26.2.2024
The funds will be used to build out its three core products, "Avail DA," "Nexus," and "Fusion Security."
After Years of Upheaval, Neo-Plasma Looks Set to Ease Ethereum Transaction Fees
26.2.2024
In the early days of blockchain, as the industry was starting to make waves with the greater public, Ethereum was growing into a thriving ecosystem.
The post After Years of Upheaval, Neo-Plasma Looks Set to Ease Ethereum Transaction Fees appeared first on Cryptonews
Ethereum Price Prediction as ETH Surpasses $3,000 Resistance – What’s the Next Target?
26.2.2024
The world’s second-biggest cryptocurrency by market capitalization, Ethereum (ETH), is holding the fort above $3,000 after crossing this psychologically important threshold yesterday afternoon, according to data by CoinGecko. Due to its high-functionality contracts, Ethereum is crypto’s...
Ethereum navigating the market amid growing competition
26.2.2024
Grayscale Research sees a bright future for Ethereum; however, it is filled with challenges and is subject to the way in which it navigates its way around the competition. For instance, Solana and Tron are doing better when it comes to daily transactions. But Ethereum grabs the spotlight in terms...
Blast Ecosystem Sees First Apparent Scam as 'RiskOnBlast' Rug Pulls $1.3M Ether
26.2.2024
Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors
Grayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for Ethereum
26.2.2024
Grayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing increased competition from other chains like Solana, Dencun’s modularity focus...
Weekly NFT Sales Rise 17% With Bitcoin Climbing Back to Second in Volume
24.2.2024
Based on the most recent international standings and weekly figures, sales of non-fungible tokens (NFTs) have surged by 17.66% in the past week, amassing slightly more than $306 million in sales. This uptick marks a jump from last week’s 16.8% rise in NFT sales, with the leading blockchains...
Coinbase on Grayscale Ethereum Spot ETF Application: “ETH Is a Commodity, Not a Security”
24.2.2024
Coinbase has answered the SEC request for comments on the proposed rule change to list the ETH Grayscale Fund as a spot ETF. Coinbase stated that ether was a commodity, and its status has been publicly recognized in a variety of circumstances by U.S. agencies and courts. Coinbase Supports Ethereum...
Droves of Crypto Traders Swap Shiba Inu (SHIB) For Mollars Presale Token — New Bitcoin Alternative
24.2.2024
A new project brewing on the Ethereum Blockchain has recently caught the attention of crypto enthusiasts not only for its ability to store value, but also for its enormous potential for compound growth post-ICO.
The post Droves of Crypto Traders Swap Shiba Inu (SHIB) For Mollars Presale Token —...
Starknet’s STRK Price Drops 50% as This New Meme Coin Prepares to List on Exchanges
23.2.2024
As Ethereum rollup Starknet initiates distribution of 728m tokens to more than 1.3m addresses, traders are vying to take position in what could be the largest airdrop of 2024. However, with STRK price plummeting -50% on launch, could this new meme coin be a better play as it heads for exchanges?...
Cardano Price Prediction as ADA Takes a Tumble – Where is the Next ADA Support?
23.2.2024
Cardano (ADA) has shed 3% overnight to trade at $0.5832 as of this writing. The coin’s depreciation is part of a broader market pullback that has shaved 1% off market leader Bitcoin (BTC) and 2% from its closest contender, Ethereum (ETH), in the last 24 hours. Cardano may be dipping this...
Bitcoin Price Prediction as Reddit Adds BTC and ETH to Balance Sheet – Crypto Adoption Rising?
23.2.2024
Reddit's strategic investment in Bitcoin and Ethereum highlights growing mainstream acceptance, sparking interest in the future of cryptocurrencies.
The post Bitcoin Price Prediction as Reddit Adds BTC and ETH to Balance Sheet – Crypto Adoption Rising? appeared first on Cryptonews
Blast’s TVL is Fast-Approaching $2 Billion – Check Eligibility for the Airdrop Here
23.2.2024
Ethereum Layer 2 protocol BLAST is nearing $2 billion in TLV ahead of its mainnet launch at the end of the month. Notably, commenters argue that the protocol – created by the BLUR team – already has an entire ecosystem ready to go, while the community and developers are eagerly awaiting the Blast...
Layer 1 Injective Introduces ‘CW-404’ to Capitalize on the ERC-404 Hype
23.2.2024
Injective has partenred with DEX DojoSwap to introduce the CW-404 standard
Micro-earn your way to ETH: Smart strategies for faucet users
23.2.2024
A crypto faucet is an online platform that dispenses small amounts of free cryptocurrency as a reward for completing simple tasks. Several popular faucets provide an opportunity to micro-earn tiny fractions of ETH (Ethereum native cryptocurrency) over time. Faucets act as a promotional tool...
Axie Co-Founder’s Personal Accounts Breached for $8M, Ronin Bridge Unaffected
23.2.2024
Personal accounts of Axie Infinity co-founder Jeff “Jihoz” Zirlin compromised, resulting in an $8 million Ethereum loss, while the Ronin blockchain's operation was claimed to remain unaffected.
The post Axie Co-Founder’s Personal Accounts Breached for $8M, Ronin Bridge Unaffected appeared...
Top Meme Coin Sponge Staking and Bridging Hits $10m, Ethereum and Polygon SPONGE V2 Rewards at 190% and 968%
22.2.2024
Top meme coin Sponge now has more than $10.18 million staked and bridged after announcing the launch of the V2 Polygon network version of the coin at the beginning of this month.
The post Top Meme Coin Sponge Staking and Bridging Hits $10m, Ethereum and Polygon SPONGE V2 Rewards at 190% and 968%...
Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion
22.2.2024
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen...