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NEAR & INJ challenge ETH’s dominance; Bullish outlook for 2024


An analyst who goes by the name The Crypto Dog has hinted that layer-1 altcoins are likely to gain more attention than Ethereum, also terming them as its rivals. Altcoins in conversation are NEAR and INJ. The heavier weight is on NEAR by the smart contract protocol Near. The analyst has said that...

Peter Brandt slams “Outrageous” Ethereum gas post-Dencun upgrade


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


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


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


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


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...

BTC & ETH margined contracts already into the negatives – Popular trader


There is a significant drop in the overall sentiment within the cryptosphere. BTC and ETH are leading the charge pretty much like they did at the time of the bull run. Bitcoin and Ethereum have dropped from their recent ATH, retracing to a level that the holders were expecting but hoping for....

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF


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

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