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Ethereum sets the stage for $3,400 with a reversal trend in sight


Ethereum was previously poised to surpass the milestone of $4,000. However, that was when the market was coming fresh from the Spot Bitcoin ETF announcements. Sentiments have transitioned since then, and the market is volatile. Not that volatility ever left the space, but it did show signs...

Bitcoin’s ‘DeFi Summer’ surge mimics Ethereum’s 2020 boom


In a seismic development within the cryptocurrency sphere, Bitcoin is currently basking in what analysts describe as a “DeFi summer” moment, akin to the surge witnessed by Ethereum in 2020. Analysts at Bernstein have highlighted this phenomenon, attributing it to the launch of a...

Ethereum Purge Strategy for simplified protocols and reduced node loads


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


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...

Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds


Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...

Fees on Bitcoin surpass those on Ethereum in the last 24 hours


Gas fees paid on Bitcoin surpassed the value of Ethereum in the last 24 hours. Users reportedly paid $7.47 million in transaction fees compared to $7.31 million on Ethereum. However, the average of the last 7 days is more optimistic for Ethereum, as the number is $8.5 million compared to $7.5...

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