Ethereum News

Why is Ethereum (ETH) price down today?

• by admin
• December 17, 2023

Ether price is down today as a handful of negative news and network-related incidents impact investor confidence. Ether ETH $2,210 price is down on Dec. 15 after failing to break above the $2,320 resistance level. The recent price correction can be attributed to negative remarks from regulators, a hack that affected nearly the entire Web3 […]

Ethereum News

Price analysis 12/8: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, LINK, MATIC

• by admin
• December 14, 2023

Bitcoin price staged an intraday rally to the $44,000 level and technical charts show altcoins are keen to follow. This week Bitcoin $42,938 price saw a shallow pullback, but the intra-day rally to the $44,000 level is an indication that the bulls are not hurrying to close their positions. Data from the popular HODL Waves […]

Ethereum News

OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK

• by admin
• December 10, 2023

The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum. Crypto exchange OKX has launched a testnet for an upcoming Ethereum layer-2 network named “X1,” according to a Nov. 14 announcement. The network is being developed using the Polygon chain development kit (CDK) and will use […]

Ethereum News

SEC discussing ‘key technical details’ with spot crypto ETF applicants: Report

• by admin
• December 10, 2023

In November, the commission separately met with representatives of BlackRock and Grayscale to discuss their spot crypto exchange-traded funds. Officials with the United States Securities and Exchange Commission are reportedly discussing aspects of Bitcoin BTC $43,750 exchange-traded funds, or ETFs, proposed by asset managers. According to a Dec. 7 Reuters report, industry insiders said the […]

Ethereum News

Why is Ether (ETH) price up today?

• by admin
• December 10, 2023

Ethereum price is up today as network revenue skyrockets and ETH clears the $2,300 resistance. $2,333 , the native token of the Ethereum network,  is witnessing a breakout on the back of increasing institutional interest in the second-largest cryptocurrency by market cap. The increased bullish sentiment pushed Ether price up by 23.7% over the past […]

Ethereum News

Grayscale ETH futures ETF a ‘trojan horse’ for spot Ethereum ETF: Analyst

• by admin
• December 10, 2023

Bloomberg ETF analyst James Seyffart thinks Grayscale’s Ether futures ETF application is just a ploy to corner the SEC to approve its spot Ether ETF. Grayscale Investments is using its Ether ETH $2,346 futures exchange-traded fund (ETF) application as a “trojan horse” to corner the United States Securities and Exchange Commission into approving its spot […]

Ethereum News

Ethereum, Bitcoin users reignite scalability debate as gas fees surge

• by admin
• December 4, 2023

Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours. A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability and the role of layer 2s. Over the last 24 hours, cryptocurrency users began sharing screenshots showing double, occasionally […]

Ethereum News

Ethereum team lead sees zero interest from university in collaborating

• by admin
• December 3, 2023

Peter Szilagyi, Ethereum’s team lead, voiced dissatisfaction with his former university’s lack of enthusiasm in recommending students for collaboration with Ethereum. Peter Szilagyi, the team lead of Ethereum, has expressed frustration over his alma mater’s lack of interest in providing opportunities for students to collaborate with Ethereum ETH $2,165 . In a series of posts […]

Ethereum News

Solana jumps 20% as Cathie Wood lauds its speed and cost over Ethereum

• by admin
• November 30, 2023

Solana has drastically outperformed other major crypto assets, gaining nearly 200% in the last month. Solana’s SOL SOL $40 has reached new yearly highs, gaining more than 17% the day after ARK Invest CEO Cathie Wood lauded the network for its efficiency and cost-effectiveness. In a Nov. 15 CNBC interview, Wood described the Solana network […]

Ethereum News

Layer-2 network to launch a decentralized sequencer pool

• by admin
• November 29, 2023

This Ethereum layer-2 platform pioneered a novel approach to a critical component of blockchain transactions, effectively mitigating vulnerabilities associated with centralized structures. In their quest for scalability and cost-effectiveness, many layer-2 networks adopt a centralized approach to on-chain transaction processing, introducing a single point of failure vulnerability. The Metis blockchain, however, has pioneered a distributed […]