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Ethereum Taps $3,000 Barrier Amid ETF Speculation and Upcoming Dencun Upgrade
20.2.2024
The value of ethereum, the crypto market’s second-largest asset by market cap, eclipsed the $3,000 milestone on Tuesday, peaking at $3,014 per unit in the morning trading hours. Over the last week, ether has seen a 13.1% climb against the U.S. dollar, and over the preceding two weeks, it...
Ethereum competing with Bitcoin: A story to watch out for!
20.2.2024
Bitcoin is trading around $52,000 at the time of writing this article. The moment the US SEC approved its Spot ETF applications, the price increased. That cannot be mixed with the fact that the graph had no downfalls. The optimism of BTC holders about its price remains constant, especially with...
Ethereum Likely The Only Spot Crypto ETF To Be Approved After Bitcoin: Bernstein
19.2.2024
Wealth management firm Bernstein suggested Ethereum (ETH) may be the only digital asset after Bitcoin (BTC) to secure a spot ETF.
The post Ethereum Likely The Only Spot Crypto ETF To Be Approved After Bitcoin: Bernstein appeared first on Cryptonews
Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes
19.2.2024
Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading volume over the past...
Microstrategy’s Bitcoin Investment Flourishes, Valued at Nearly $10 Billion
16.2.2024
Based on the latest available data, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a cost of $5.96 billion. Presently, the value of the company’s bitcoin holdings has swelled to $9.88 billion. This marks a 66% increase in the firm’s bitcoin portfolio, a stark...
51% Attacks on Bitcoin and Ethereum Networks Are Not Possible Due to Impractical Costs: Coin Metrics
16.2.2024
It is no longer viable for nation-states to destroy the Bitcoin (BTC) and Ethereum (ETH) networks through 51% attacks. According to the latest research from crypto intelligence firm Coin Metrics, the astronomical costs required to carry out such attacks make them impractical and unprofitable. A...
Gensler Hesitates on Ethereum ETFs, Cites Court Loss as Reason for Bitcoin ETF Approval
15.2.2024
Securities and Exchange Commission (SEC) Chair Gary Gensler has remained tight-lipped regarding spot Ethereum (ETH) exchange-traded funds (ETFs). When questioned about the possibility of a decision and the timeline for approval, Gensler said that the process would follow the same approach...
Ethereum Developers Create 'DN-404' Tokens After ERC-404s Send Network Fees Surging
13.2.2024
The new token type claims to solve some of the drawbacks with ERC-404s, an experimental standard that launched last week – to such popularity that it's already driven up congestion on the Ethereum blockchain
Emerging crypto priced at $0.11 captures the attention of top Solana (SOL) and Ethereum (ETH) whales in February 2024
13.2.2024
  New opportunities consistently surface in the constantly changing world of cryptocurrency investing, drawing interest from both experienced investors and novices. One of these opportunities that has recently surfaced in 2024 is Retik Finance—a potential initiative valued at just $0.11, which...
Ethereum Co-Founder Vitalik Buterin on Tackling Deepfake AI Risks: ‘Ask Security Questions’
12.2.2024
Vitalik Buterin, a co-founder of the cryptocurrency project Ethereum, has raised an alert on using deepfakes, videos created using artificial intelligence (AI) to try to impersonate human beings, to persuade others about making financial transactions. For Buterin, the issue is not only...
Ethereum Technical Analysis: Sideways Movement as ETH Eyes Break Above $2,500
12.2.2024
With its price positioned at $2,485, ethereum’s daily fluctuations have ranged from $2,309 to $2,541, highlighting a market that is both dynamic and erratic. The current market capitalization of ether is approximately $299.25 billion, and in the last 24 hours, ethereum has seen a global...
Ethereum Validator Queue Reaches Highest Level Since October Amid Renewed Interest in Staking
12.2.2024
The Ethereum network is experiencing a surge in the number of validators seeking to stake their Ethereum (ETH). According to data source ValidatorQueue, the validator entry queue currently stands at 7,045, representing over 225,000 Ether (equivalent to $562 million), its highest level since October...
Unlocking Ethereum’s growth: 3 key factors for explosive potential!
12.2.2024
Ethereum is a pioneer in the crypto market, supporting thousands of digital transactions, applications, and platforms, ranging from gaming, NFTs, decentralized finance (DeFi), and many more. It is often hailed as the leader of blockchain technology and dApps (decentralized applications), even if...
Ethereum NFT Trading Surges to Highest Weekly Volume Since February 2023
12.2.2024
Ethereum’s non-fungible token (NFT) market is experiencing a surge in trading activity, with the weekly volume hitting its highest level since February 2023. According to data from CryptoSlam, NFT sales on the Ethereum (ETH) network has surged by around 100% over the past week, reaching...
Rebel Satoshi Gains Momentum: Attracting Attention from Ethereum Classic and TRON Investors
10.2.2024
TLDR Ethereum Classic (ETC) has added new trading pairs and is on course to soar higher. TRON (TRX) remains one of the top DeFi projects, surpassing both Ethereum (ETH) and Bitcoin (BTC) in daily active addresses. Rebel Satoshi ($RBLZ) is the top ICO so far in 2024, currently in the penultimate...
FINRA-Registered Digital Asset Platform Prometheum to Launch Ether Custody Services
7.2.2024
Prometheum, the first U.S. special purpose broker-dealer authorized to custody, clear, and settle digital asset securities, disclosed that it is now providing custodial services for the cryptocurrency ethereum. This announcement arrives amidst a period where the prominent crypto asset, ethereum...
Is Ethereum (ETH) and Injective (INJ) worth investing In 2024? How to enter Option2Trade’s (O2T) $888K giveaway?
7.2.2024
As 2024 unfolds, Ethereum (ETH) and Injective Protocol (INJ) remain compelling investments due to their innovative foundations and market potential. However, the emergence of Option2Trade (O2T), underscored by its ambitious $888k giveaway, offers a fresh perspective on investment opportunities...
ENS Partners Godaddy to Link Domains and Web3 Addresses
7.2.2024
Ethereum Name Service (ENS), a Web3 service provider, and Godaddy, a domain and web hosting company, announced they are partnering to link domains with Web3 addresses. The link between current internet domains and Ethereum-based domain services will allow users to leverage their current domain...
SEC puts off the Invesco Galaxy Ethereum ETF decision
7.2.2024
The Securities and Exchange Commission has pushed back the date by which it will make its decision about the Invesco Galaxy Ethereum ETF. The agency had previously postponed a determination regarding the fund until December and only recently announced that legal action would be initiated. According...
Long-term investors set their eyes from Ethereum (ETH) & Binance Coin (BNB) to DeeStream (DST) Presale which is set to soar
6.2.2024
Ethereum (ETH) and Binance Coin (BNB) are the world’s second and fourth-largest cryptocurrencies by market capitalization, respectively. However, they aren’t exactly the best cryptos to buy into for crypto investors looking for major gains in 2024. At most, investors could expect a 2x to 3x...