WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, SOL, XRP, DOGE, And ADA
Weekly crypto price analysis for major tokens such as Bitcoin( BTC), Ethereum (ETH), Binance(BNB), Solana(SOL), XRP, Cardano(ADA), and Dogecoin(DOGE) shows a promising outlook for the market. Most digital assets display sideways trend momentum and challenging resistance levels, with slight correction over the past 24-hours. Leading the pack, Bitcoin (BTC) has successfully maintained its position above […]
Ethereum’s Dencun upgrade slashes layer 2 transaction fees
Ethereum Layer 2 solutions have witnessed a significant reduction in transaction costs following the implementation of the Dencun upgrade. This upgrade introduced a new transaction type known as blobs, which have proven instrumental in slashing fees across various Layer 2 chains. Impact of Ethereum Dencun upgrade on transaction fees The integration of blobs has notably […]
Top 8 Ethereum Layer 2 Altcoins To Buy Before Dencun Upgrade
The Ethereum Dencun upgrade, scheduled for March 13, is set to revolutionize Ethereum’s landscape. Altcoins to buy spotlight 8 Layer 2 altcoins with potential for explosive growth. As Ethereum’s price soars past $4,000, these cryptocurrencies stand at the brink of a bullish wave, promising lucrative opportunities for savvy investors. Polygon (MATIC) Polygon (MATIC) is quickly […]
Top 4 Cryptos That Can Surge 10x This Bull Run
4 Cryptos That Can Surge 10x This Bull Run: The 2024 bull market’s exhilarating rise is spotlighting cryptocurrencies poised for exponential gains. Leading the charge are Sei (SEI), dYmension (DYM), Render (RNDR), and XRP, distinguished by their robust potential in a landscape supercharged by BTC and ETH’s remarkable surges. Each of these digital assets exhibits […]
Vitalik Buterin’s significant ETH move sparks discussion
In a significant move that has attracted attention from the cryptocurrency community, a recent transaction was linked to the Vitalik wallet.eth, associated with Ethereum co-founder Vitalik Buterin, has made headlines. According to PeckShieldAlert, the wallet transferred 30 Ethereum (ETH) to Railgun, a privacy protocol, before swapping around 27.63 ETH for 100,000 USDC (USD Coin). These […]
Axie Infinity co-founder’s $9.7M Ethereum hack raises security concerns
In a significant security breach, Jeff “Jihoz” Zirlin, a co-founder of the popular blockchain game Axie Infinity and the Ronin Network, has reportedly lost approximately $9.7 million in Ethereum (ETH) due to a hack of two of his crypto wallets. The incident, which involved the theft of 3,248 ETH, was first brought to public attention […]
Ethereum ETF March launch questioned by analyst
James Seyffart, a Bloomberg Intelligence research analyst focusing on ETFs, has publicly voiced his skepticism regarding the much-anticipated launch of an Ethereum ETF in March. Despite growing speculation within the cryptocurrency community, Seyffart’s stance introduces a dose of reality, challenging the prevailing optimism. Analyst’s skepticism amidst market speculation Seyffart’s skepticism comes when the crypto community […]
Tim Beiko unveils Ethereum’s latest ACDE call insights
In a recent series of social media posts, Tim Beiko, a prominent figure in the Ethereum ecosystem, provided significant insights into the latest developments from the All Core Devs Execution (ACDE) call. The discussions primarily revolved around the progress of various Ethereum Improvement Proposals (EIPs), particularly emphasizing EIP-2935 and its potential integration of Verkle trees. […]
Are whales driving Ethereum’s (ETH) price surge over Bitcoin (BTC)?
A significant player in the cryptocurrency market has recently executed a substantial transaction, indicating a strong vote of confidence in Ethereum (ETH) over Bitcoin (BTC). According to data from Lookonchain, a reputable cryptocurrency analytics platform, this investor has borrowed 280 Wrapped Bitcoin (WBTC) worth $14.6 million from the decentralized finance protocol Aave. Subsequently, they converted […]
New research unveils why Bitcoin and Ethereum remain untouchable
New research from Coin Metrics, a leading crypto intelligence firm, has indicated that nation-states would find it financially unviable to execute 51% of attacks on Bitcoin and Ethereum networks. These attacks, which involve controlling most of the network’s computing power or staked assets, have long been a concern in the crypto community due to their […]
Ethereum sees major shift with co-founder’s hefty transfer
Ethereum co-founder Jeffrey Wilcke has transferred a substantial amount of Ethereum (ETH) to the cryptocurrency exchange Kraken. The transaction, involving 4,300 ETH valued at approximately $10.7 million, has sparked discussions regarding its potential impact on the market price of ETH. This event comes on the heels of a previous deposit by Wilcke, where 22,000 ETH […]
Ethereum Staking Surges: $75 Billion Locked Up as Network Upgrade Nears
Recent data reveals a significant milestone in the Ethereum staking ecosystem, with approximately 25% of all Ethereum in circulation—nearly $75 billion worth—currently being staked. This process involves users locking up their digital coins to support the network’s operation, earning token rewards in return. Since a crucial upgrade to the Ethereum network last year, the adoption […]
Dormant Ethereum whale moves 100 ETH after 8 years
In an unexpected move that has captured the attention of the cryptocurrency community, an Ethereum wallet, inactive for over eight years, has resumed activity by transferring 100 ETH, valued at approximately $230,159. This transaction marks the first activity from the wallet since its creation in July 2015, sparking discussions and speculations within the industry. Ethereum […]
Ethereum advances with dencun upgrade on sepolia testnet
The decentralized blockchain platform Ethereum has marked a significant milestone by successfully deploying its Dencun upgrade on the Sepolia test network. This development, which took place at 22:51 UTC on Tuesday, is a critical step forward in Ethereum’s ongoing efforts to enhance its network. Ethereum’s scalability boosted by dencun upgrade The Dencun upgrade, a major […]
Ethereum’s long-dormant addresses reactivate amid market shifts
In a notable development within the cryptocurrency sector, an Ethereum address containing a substantial 200 ETH, inactive for over eight years, has resumed activity. This event, as reported by Whale Alert, adds to a series of similar occurrences in the recent past. In December 2023, an Ethereum pre-mine address with a significant holding of 11,640 […]
Ethereum’s Foundation picks Bangkok for Devcon 7 conference
In a major announcement that underscores the growing influence of Southeast Asia in the global cryptocurrency landscape, the Ethereum Foundation has revealed that Devcon 7, its flagship event for Ethereum developers, will be held in Bangkok, Thailand. Scheduled from November 12 to 15, 2024, this conference edition marks a significant shift in focus, as it […]
HashKey chairman foresees Ethereum’s rise in the blockchain sector
In a recent statement, Xiao Feng, the Chairman of HashKey Group, has predicted that Ethereum will be at the forefront of blockchain technology innovation in 2024. This forecast places Ethereum as the central force driving the blockchain sector forward. According to Xiao, no other blockchain platform matches Ethereum’s capacity for technological advancements. This prediction aligns […]
Ex-Ethereum developer claims 70% of ETH was pre-mined
Lane Rettig, a former core developer for Ethereum, has recently raised serious allegations about the distribution of Ethereum’s native cryptocurrency, ETH. In a statement that garnered significant attention from the crypto community, Rettig claimed that approximately 70% of all ETH was distributed during the project’s pre-mine phase. This figure has decreased to about 60% in […]
Galaxy digital’s $24.3M ETH transfer to Binance
Cryptocurrency markets experienced a downturn as Ether (ETH) dropped by 1.82%, testing a critical support level at $2,145. This price decline triggered a substantial transfer of 11,200 ETH, valued at $24.3 million, from Galaxy Digital to Binance, as reported by on-chain tracking platform Lookonchain. In this article, we explore the recent developments in the ETH […]
Ethereum insider claims original ETH fees targeted $0.01-$0.02 range
Ethereum stands out as a pioneering network known for its smart contract capabilities. However, recent developments have sparked debate over its fee structure, with an early Ethereum Foundation advisor, Steven Nerayoff, raising concerns about the increasing cost of transactions, a significant shift from the network’s initial vision. Ethereum’s fee structure under scrutiny Nerayoff’s critique highlights […]
Nerayoff set to unveil evidence against Ethereum founders
In a recent development that has sent ripples through the cryptocurrency community, Steven Nerayoff, a former Ethereum consultant and attorney, has come forward with allegations of fraud against the early architects of Ethereum. This claim emerges amid a turbulent period for Ethereum, raising questions about its foundational ethics and decentralization. Nerayoff’s bold claims and rebuttals […]
Ethereum unveils game-changing account abstraction in rollups
In a recent development, the Ethereum (ETH) network is on the cusp of integrating a novel concept known as Account Abstraction (AA) into its roll-up ecosystem. This initiative, proposed by Alexander Forshtat of the Ethereum Foundation, is outlined in the “Roadmap for Native Account Abstraction Introduction (RIP-7560): Native Account Abstraction.” This proposal marks the first […]
BlackRock leads charge for BTC and ETH spot ETF regulations
BlackRock, the global leader in asset management, is spearheading a pivotal initiative to align the regulatory framework for Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs) with that of futures ETFs. Their objective is to achieve the same level of regulatory oversight for spot market-based ETFs, a move that could significantly reshape the landscape of […]
Unraveling Vitalik Buterin’s ETH transfer mystery
Vitalik Buterin, the co-founder of Ethereum, made a notable transaction, transferring 100 ETH tokens worth approximately $181,000 to the Coinbase cryptocurrency exchange. The move has sparked speculation about Buterin’s intentions, given his previous declarations regarding his ETH holdings. Vitalik Buterin’s Ethereum wallet, known as “Vitalik.eth,” executed a transfer of 100 ETH tokens to the popular […]
Hackers funnel 70.6% of stolen BitBrowser funds to eXch crypto mixer
In a riveting development, renowned Chinese reporter Colin Wu has shed new light on the high-profile BitBrowser hack that rattled the crypto community in August. Citing SlowMist, a leading blockchain security firm, Wu revealed that the hackers have made a significant move. Specifically, they transferred 236.27 Ethereum tokens, equivalent to roughly $386,000, to a crypto […]
Vitalik Buterin transfers 600 Ether to Coinbase amid rising selling pressure on Ethereum
Ethereum co-founder Vitalik Buterin has made headlines once again with a significant transaction. Earlier today, Buterin transferred 600 Ether, valued at over $1 million, from his wallet to the popular cryptocurrency exchange Coinbase. The reasons behind this move remain unclear, but such transfers are often interpreted as a precursor to a sale. Moreover, this transfer […]
Bitdeer Technologies achieves milestone with the completion of Bhutan mining facility
Singaporean entrepreneur Jihan Wu’s Bitdeer Technologies has completed the construction of its cutting-edge mining facility nestled in the picturesque landscape of Bhutan. The company, at the forefront of cryptocurrency mining, has now commenced the crucial power-on testing phase, marking a significant step forward in its operational journey. As Bitdeer CEO Linghui Kong affirmed, an impressive […]
Ethereum’s dormant ICO investor resurfaces with whopping $3.7 million ETH transfer
Ethereum’s cryptocurrency community was taken aback by the unexpected return of its initial coin offering (ICO) participant after an eight-year absence. The investor, who had acquired a substantial $2,000ETH during the Genesis phase when the ICO price was just $0.31 per ETH, made headlines by transferring $641ETH, currently valued at a staggering $3.7 million in […]
Ethereum core developers deliberate raising validator balance limit to boost network efficiency
To enhance efficiency and address operational challenges faced by larger node operators, Ethereum’s core developers are engaged in a heated debate over increasing the validator balance limit. Currently, validators are restricted to holding a maximum of 32 ETH, but proponents argue that raising the threshold to 2,048 ETH would offer numerous advantages for the network. […]
Ethereum Co-founder and Sadhguru discuss the intersection of technology and human consciousness
On April 25th, the reState Foundation hosted a virtual talk between Vitalik Buterin, co-founder and inventor of Ethereum, and Sadhguru, the founder of the Isha Foundation. The topic of discussion was the intersection of technology and human consciousness. Blockchain technology is transforming the way humans interact with the digital world. This has prompted conversations among […]
Binance introduces WBETH on ETH staking for enhanced DeFi participation
Binance, one of the leading cryptocurrency exchanges, has announced a rebranding of its ETH 2.0 Staking service to ETH Staking, along with the introduction of Wrapped Beacon ETH (WBETH) as a new liquid staking token. This change will be effective from April 27, 2023, at 08:00 (UTC). WBETH is designed to provide users with more […]
EDCON 2023 to bring together industry’s brightest minds, features Vitalik Buterin as a speaker
The highly anticipated EDCON 2023 (Community Ethereum Development Conference) is set to take place in Podgorica, Montenegro, from May 19-23, 2023. The conference will bring together some of the brightest minds in the blockchain community, who will offer keynote speeches, technical workshops, and panel discussions on a range of topics, including blockchain regulation, blockchain after […]
The Ethereum Shanghai upgrade: Here’s what you need to know
The Ethereum network is gearing up for a major upgrade known as the Ethereum Shanghai upgrade. The upgrade is expected to bring significant changes to the world’s second-largest crypto by market capitalization. This highly anticipated upgrade is part of Ethereum’s ongoing transition from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) mechanism aimed at […]
Ether is a security, NY Attorney General says
Letitia James, the attorney general for the state of New York, filed a lawsuit against KuCoin, alleging that the Seychelles-based cryptocurrency exchange is breaking the law by offering tokens, such as ether, that meet the criteria for securities without first registering with the office of the attorney general on Thursday. This is the first legal […]
Ethereum plans to launch Holli Testnet
According to Tim Beiko of the Ethereum Foundation, the Ethereum core developers are planning a new testnet dubbed Holli in response to issues with purchasing ETH on the blockchain’s principal test networks. The release of Holli, which is anticipated later this year, might enhance the testing environment for node operators and client and application developers. […]
Cardano’s EVM-compatible sidechain Testnet goes live
Input Output, a developer of the Cardano (ADA) ecosystem, has one of its most recent accomplishments, it has released a fully functional public testnet for its Ethereum (ETH) sidechain following the introduction of its tools for creating sidechains. In particular, the team announced on Twitter on February 7 that Cardano’s public test network of the […]
Online bank Revolut to offer crypto staking for DOT, XTZ, ADA & ETH users
According to a report by financial technology newspaper AltFi, digital banking firm Revolut is beginning to offer crypto staking to customers in the U.K. and European Economic Area (EEA). AltiFi added that Revolut is launching the service this week. The Company has about 25 million members worldwide, most of whom are in the U.K. and […]
ETH supply changed negative for the first time since the merge, making it officially deflationary
ETH merge did not bring any significant change in the overall market of Ethereum and it was not even deflationary for quite a lot of time. However, the recent bullish market saw an uptrend in the prices of ETH and it became officially deflationary as ETH supply becomes less than demand for the first time […]
Ethereum developers to equip Shanghai with a public testnet in February
The tentative schedule for Shanghai upgrading is March 2023, while the launch of Ethereum’s public testnets is being pushed back to early February by the project’s developers. The prominent improvement aims to make validator staking withdrawals possible. The developers have given this feature the highest priority for the first quarter of 2023 because it is […]
Ethereum co-founder Buterin reportedly Dumped 3,000 ETH Following FTX Liquidation news
Ethereum co-founder Vitalik Buterin received 5,000 ETH in two payments from the same address soon before transferring 3000 ETH to the DeFi protocol, according to his transaction history as seen on Etherscan. According to DeFi Llama, Uniswap is an automated market maker that presently has about $3.6 billion in ETH locked in a number of […]
