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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 Technical Analysis: ETH Teeters Between Bullish Breakout and Bearish Continuation
15.4.2024
As ethereum fluctuates within a wide trading range from $2,991 to $3,266 on April 15, 2024, key technical indicators and chart patterns suggest a nuanced but potential shift in market sentiment. Despite a bearish trend over the past week, recent oscillator and moving average signals point towards...
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...
Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May
9.4.2024
The applications for spot ethereum exchange-traded funds (ETFs) face a potential rejection in May when the U.S. Securities and Exchange Commission (SEC) reaches its deadline for decisions, according to Vaneck’s CEO. His firm is one of the applicants seeking approval for a spot ether ETF....
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...
Solana Meme Coins Outperform SOL Price, Slothana Presale Raises $10 Million
8.4.2024
Solana meme coins are posting some of the chunkiest gains in today’s market-wide rally, according to data by CoinGecko. For context, crypto is broadly rallying today as market leaders Bitcoin (BTC) and Ethereum (ETH) both posted respective gains of around 4% and 7% over the last 24 hours....
Ethereum Technical Analysis: ETH Rides a Bullish Surge Amidst Cautionary Signals
8.4.2024
In a demonstration of resilience and bullish momentum, ethereum’s price spiked over the $3,600 threshold, marking a significant increase within a 24-hour range that saw lows of $3,372 and highs of $3,644. This uptrend is underpinned by a strong trade volume of $13.40 billion and a market...
Is Wormhole About to Crash? W Price Drops 18% as Whale Money Shifts to Slothana
5.4.2024
Wormhole’s W token is down 18% in the last 24 hours, barely two days after listing on Binance, according to data by CoinGecko. The losses come amidst a broader market pullback that has shaved 2.2% off the price of Ethereum (ETH), the world’s second-largest cryptocurrency by market...
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....
SEC Asks For Public Comment Regarding Spot Ethereum ETF Approval
4.4.2024
The United States Securities and Exchange Commission (SEC) is seeking public comment over the potential approval of a spot Ethereum (ETH) ETF, an April 2nd court filing reveals. What are the odds a spot ETH ETF gets approved by May?
The post SEC Asks For Public Comment Regarding Spot Ethereum...
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 (ETH) & Solana (SOL) advocate rally around Kelexo (KLXO), predicting a shake-up in traditional lending models
4.4.2024
The traditional lending scene is swamped with many issues discouraging lenders and borrowers. However, a new crypto lending platform has drawn the attention of Ethereum (ETH) and Solana (SOL) advocates. Kelexo (KLXO) intends to change the lending game by introducing DeFi to traditional lending....
DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF
3.4.2024
The Bull Run dETF comprise of 10 tokens including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others.
The post DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF appeared first on Cryptonews
Avalanche (AVAX) & Ethereum (ETH) fans hasten to Kelexo (KLXO) presale, stage 2 filling fast with anticipation of 20x profits
3.4.2024
Investors have been looking for a new prospect amid market changes for some time and the Kelexo (KLXO) presale opportunity has appeared. It has caused a sense of joy within the crypto community because the presale stage 2 is selling out quickly and a 20x profit is promised. This is why it...
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...
Ethereum Issuance Reduction Proposal Prompts Fierce Crypto Community Criticism
2.4.2024
Discussions about adjusting Ethereum’s issuance curve due to staking concentration and other factors are taking place on social media, with some developers in favor and some against this change. A recent article by Mike Neuder, an Ethereum Foundation researcher, highlights that Ethereum...