Increased demand and a decline in fees could help ETH reach $2,000. Unfiltered ETH transactions dominated the network as Ethereum struggled to register new addresses. Holders of Ethereum [ETH] savored the surreal rise of the cryptocurrency over the last two weekends. Because of the hike in value, the demand for the altcoin king significantly increased … Read more
ETH bulls push past the $1800 and eye the $2,000 level in less than 4 weeks to the Shanghai upgrade. Low leverage underpins the current rally, lowering the risk of an extended downside. ETH bulls have finally summed up enough momentum to push out of its 6-month low range. Meanwhile, the Ethereum network just confirmed … Read more
Ethereum co-founder Joseph Lubin praised SEC Chair Gary Gensler as a “shining knight of decentralization.” Speaking at ETHDenver (which ended on March 5,) Lubin spoke candidly about recent regulatory enforcement actions, holding Gensler as a catalyst for driving decentralization – much to the audience’s jeers. Digital Asset Investor clipped and posted the relevant part of … Read more
ETH sees surge in demand which may remain in the long term courtesy of deflationary milestone ETH shorts traders suffer as price pivots while demand for leverage recovers Ethereum’s EIP 1559 in August last year marked an important milestone for the network and ETH. The impact of that milestone is particularly evident in the fact … Read more
Whales added 400,000 ETH despite a recent price increment More ETH is being circulated although the current vault could be overpriced Like a ton of assets in the crypto-market, Ethereum’s [ETH] price jumped over the weekend. Even at press time, the second-largest cryptocurrency in market value maintained a 5.11% hike in the last 24 hours. … Read more
Ad On the first day of the city-wide crypto event that was EthDenver, Steven Fluin, Head of Developer Relations at Axelar, put the onus of developers to build a more connected web3 by stating that “dApps developers have the responsibility to unify.” Talking at the InterOp Summit, Fluin began by asking the audience to join … Read more
According to Santiment, holdings of Ethereum‘s long-term stakers have fallen by 31% over the last 10 weeks. In fact, the data suggests that most of the assets of these stakers are currently undervalued. Read Ethereum’s Price Prediction 2023-2024 This can be underlined by the declining realized value of ETH 2.o stakers. Despite having low returns, … Read more
Ad The cryptocurrency market is known for its volatility and unpredictability, and one aspect of this is the emergence of “shitcoins” – digital tokens with little to no real-world value. Recently, there has been buzz surrounding Ethereum co-founder Vitalik Buterin’s decision to sell some of these tokens, sparking speculation and discussion within the crypto community. … Read more
Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows … Read more
ETH’s short-term recovery could depend on the USD and interest rates trend. Technical indicators suggest short-term consolidation. The first few days of March have failed to give Ethereum [ETH] holders a much-desired breather. Despite the reality of despair, any hope for respite could depend on one condition, according to Chris Burniske. The ex-crypto investment head … Read more
