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SEC’s Gary Gensler asserts Ethereum’s security status
30.4.2024
According to recent court filings, the chairman of the Securities and Exchange Commission, Gary Gensler, was under the opinion that Ethereum was security. This bit of news came into the limelight following the filing of a complaint by Consensys against the SEC. This was in retaliation to...
Ethereum’s $3,200 test: Can it withstand market pressure?
26.4.2024
Ethereum has been in a period of wild fluctuations as its value has been struggling to recover, and it has now fallen below $3,100. A few days ago, ETH dropped to $3,074 and is currently making its last effort to get back on track after bouncing similarly to Bitcoin. The cryptocurrency value...
Consensys files lawsuit against the US ESC over Ethereum
26.4.2024
Consensys has sued the Securities and Exchange Commission in support of the Ethereum framework. The company wants to make sure that Ethereum remains a vital and dynamic blockchain platform. They believe Ethereum is the foundation for advanced Web3 innovations, state-of-the art technologies,...
Ethereum begins to show bearish signs as price faces rejection
25.4.2024
Ethereum has not been bullish since Bitcoin Halving ended. If anything, it could be starting to send fresh bearish signals across the market. This is evident from the fact that it has lost the major resistance mark of ~$3.200. Once closer to $4,000, Ether is now trading lower than the bottom line...
Ethereum – ETH – likely to rally by 5%
24.4.2024
Ethereum is holding the support, with resistance ranging between $3,100 and $3,200. Speculation states that it could soon bag a rally of 5%. It is contingent on the factors that will sustain the next-best resistance for longer. Currently, at $3,262.57, Ether’s next best support is around $3,220....
SEC delays Ethereum ETF decision amid regulatory review
24.4.2024
The United States Securities and Exchange Commission (SEC) has opted to defer its decision on Ethereum exchange-traded fund (ETF) proposals submitted by investment firms Grayscale and Franklin Templeton. The SEC’s decision marks a significant development in the quest to bring...
Ethereum sets the stage for $3,400 with a reversal trend in sight
23.4.2024
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...
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...