Vitalik Buterin Explains What to Expect After The Merge This Summer Ahead of PoS Upgrade

At the ETH Shanghai Web 3.0 Developer Summit on Thursday, Ethereum co-founder Vitalik Buterin confirmed that the merge will likely occur this summer, despite being pushed ahead several times in the past. Sponsored Sponsored After working on the proof-of-stake transition for around seven years, Buterin finally remarked that the Merge is ‘very close to happening’ at this … Read more

Ethereum Merge Testing Enters Final Phases But Price Drops Below $2K

Crypto markets may be bleeding out but testing on the world’s largest smart contract and decentralized app network, Ethereum, is still going ahead at full steam. Sponsored Sponsored Testing for Ethereum’s long-awaited Merge is moving forwards, albeit not quite at the pace that many are hoping for. The next major milestone in the Merge testing … Read more

Ethereum Price Prediction: $11,764 by 2025 and $23,372 by 2030

Ethereum price prediction: ETH is set to crack $6,800 this year, according to Finder.com’s latest report. This will be a new all-time high (ATH). Sponsored Sponsored Fintech and cryptocurrency specialists recruited for Finder’s panel believe ETH will peak at $6,872 on average in 2022. This is $2,000 more than its previous ATH of $4,900. Then … Read more

Ethereum Gas Fees Spike to New Highs on Latest NFT Hype

There were many disgruntled Ethereum users over the weekend following a Yuga Labs nonfungible token (NFT) launch which caused gas prices to surge to new highs. Sponsored Sponsored Over the weekend, the firm behind the wildly popular Bored Ape Yacht Club NFT collection, Yuga Labs, launched a new land title collection called Otherdeed for its … Read more

Ethereum Network Revenue Surges Year-on-Year but Falls This Quarter

Ethereum network revenue from gas fees plunged 44% in the first quarter of this year compared to Q4 2021, with around $2.1 billion worth of ETH tokens burned. Sponsored Sponsored But year-over-year performance told another story as revenues surged 46% from $1.6 billion to $2.4 billion. Sponsored Sponsored The Q1 figure also includes the removal … Read more

Ethereum Trading Volume Plunges $1.5 Trillion in Quarterly Low

Due to the bearish trend of the market, Ethereum (ETH) trading volume in the first quarter of 2022 was less than that of the first quarter of 2021.  Sponsored Sponsored Ethereum continues to trade below $4,000, as of April 2022 due to a wider recovery of the crypto finance market.  Sponsored Sponsored According to Be[In]Crypto … Read more

Ethereum Foundation Releases First Report, Reveals Treasury Holdings

Ethereum Foundation has released its first report to reveal the treasury holdings, explaining that it follows a “conservative treasury management policy” to ensure funding for the core objectives. Sponsored Sponsored Ethereum Foundation criticism On more than one occasion, crypto commentators, including trader Edward Morra, have pointed out that the non-profit has been successfully timing the … Read more

BTC, ETH plummet amid US stock futures decline as investors prepare for Q1 earnings

The market price of bitcoin (BTC) dropped below $39,000 on April 18 in a declining trend during the Easter holidays. Meanwhile, ether (ETH) price fell below $3,000 for the first time since mid-March. The combined crypto market has lost almost $400 billion since early April, with analysts warning a “disaster in the financial markets” could … Read more

First Shadow Fork Goes Live on Ethereum Ahead of Proof-of-Stake Testing

Today saw the first Ethereum mainnet shadow fork go live. The developers of the second-largest cryptocurrency in terms of market capitalization continue to transition the network to Proof-of-Stake (PoS). Sponsored Sponsored Ethereum developers currently working on a multi-stage transition to a PoS consensus algorithm, reached a significant landmark today. Developer Marius Van Der Wijden tweeted … Read more

Bank of America: coming “recession shock” possible boon for crypto

The macroeconomic picture is deteriorating fast and could push the U.S. economy into recession as the Federal Reserve tightens its monetary policy to tame surging inflation, Bank of America strategists warned in a weekly research note, Reuters reports. Bank of America chief investment strategist Michael Hartnett wrote, in a note to clients, that “Inflation shock” … Read more