An Ethereum (ETH) whale recently made waves in the crypto world by executing a series of transactions that involved a significant movement of funds across various platforms. According to Spot On Chain, a blockchain analytics platform, this activity amounted to approximately $46.02 million in ETH tokens. What makes this even more intriguing is that the
Ethereum
EIP-1559, the Ethereum Improvement Proposal, has sparked a new level of excitement and optimism among Ethereum users. Péter Szilágyi, an Ethereum developer, has recently praised the ETH burning mechanism introduced by EIP-1559, hailing it as “the great equalizer.” This groundbreaking proposal has revolutionized the way users bid gas fees and has significantly leveled the playing
In the midst of a volatile crypto market, Ethereum (ETH) is gaining momentum and outperforming its long-time rival, Bitcoin (BTC). The ETH/BTC ratio, which gauges market sentiment towards these two leading cryptocurrencies, has steadily risen, rebounding from multi-year lows. This recent rebound indicates that investors are increasingly bullish on Ethereum’s potential relative to Bitcoin. The
Crypto expert Anthony Sassano has provided a bullish narrative for the Ethereum ecosystem, predicting that Ethereum (ETH) could hit a new all-time high (ATH) this year. Sassano’s optimism is based on the potential approval of Ethereum Spot ETFs by the Securities and Exchange Commission (SEC). He believes that if the ETF hype were to get
The year 2024 holds great significance for the Polygon ecosystem as it sets the stage for the realization of Polygon 2.0, a cross-chain coordination protocol that aims to unite and scale the various Ethereum layer-2 scaling networks. In an exclusive interview with Cointelegraph, Jordi Baylina, co-founder of Polygon, shed light on the plans for Polygon
Asset managers around the world have been eagerly awaiting the approval of Bitcoin (BTC) exchange-traded funds (ETFs) in the United States. Hashdex, one of the 13 asset managers with pending applications, is optimistic about the future. According to their U.S. and Europe head of product, Dramane Meite, the first spot Bitcoin ETF could land as
Peter Szilagyi, the team lead of Ethereum, has expressed his frustration over the lack of interest from his alma mater in providing opportunities for students to collaborate with Ethereum (ETH). Despite his efforts to engage with the university, Szilagyi found that the students’ focus remained fixated on the price of Ethereum rather than the project
In a recent interview on Episode 39 of Hashing It Out, Harsh Rajat, the founder and project lead of Push Protocol, sheds light on the Ethereum ecosystem and the potential of on-chain chat apps. Rajat emphasizes the importance of Web3 messaging apps in driving the next wave of crypto adoption and advocates for Web3 communities
Ethereum (ETH) has experienced a surge in price, but compared to Bitcoin (BTC), it falls short in terms of gains. The current bullish trend is challenged by various factors, including uncertainty surrounding ConsenSys and regulatory pressures. Additionally, issues with decentralization and high gas fees contribute to the difficulties Ethereum faces in breaking the $1,900 resistance.
Blockchain-based startups are defying the bear market trend by securing funding, with MetaMask partner Blockaid raising an impressive $33 million in October. Despite this positive news, the overall funding in the crypto industry has dropped to levels last seen in 2020, totaling $2.1 billion over 297 deals in the third quarter of 2023, according to
