A leading name in stablecoin issuer, Circle, has announced that USD Coin (USDC) will now be compatible with zkSync, a zero-knowledge layer-2 solution built on Ethereum. Developers will be able to use USDC on a scalable and efficient platform thanks to this announcement, which took place on April 9, 2024.
Dubai, UAE, April 9th, 2024, Chainwire dWallet Network, a trailblazer in decentralized, native multi-chain technology, and Mysten Labs, a Web3 infrastructure company and the original contributor to Sui, announced their strategic partnership, focusing on the introduction of multi-chain interoperability into the DeFi ecosystem on Sui, the groundbreaking Layer 1 and
Ethereum recently gained value as Bitcoin surged past the $70,000 level. This surge in Ethereum’s price comes as the highly anticipated Bitcoin Halving event draws closer, with the consolidated market sentiment suggesting a rise in the number of Hodlers, highlighting a positive outlook for the crypto space in the upcoming
Volatility reigns supreme, shaping the landscape of digital assets and investor sentiment in the tumultuous world of cryptocurrencies. Over the past 15 years, the crypto sector has experienced unprecedented growth and fluctuation, with market capitalizations soaring to dizzying heights during hype-driven manias, only to plummet during periods of consolidation and
The sentiment surrounding Ethereum and Ether (ETH) is now a mix of optimism and criticism. Metrics displayed by the largest smart contract-led ecosystem’s layer-2s (L2s) reflect a bullish outlook, while certain circumstances provoke fear, uncertainty, and doubt (FUD). Especially the question: Will ETH lose its value accrual amid the L2
There are a number of potential spot Ethereum ETF applications that the U.S Securities and Exchange Commission (SEC) has opened for public comment. Its primary emphasis is on exchange-traded funds (ETFs), particularly the Grayscale Ethereum Trust, Bitwise Ethereum Fund, and Fidelity Ethereum Fund. Additionally, the SEC has made note of
Ethereum (ETH), the world’s second dominantly valued cryptocurrency, fumbles down to its lowest point of $3,202 in a fortnight. At the moment, the question, “Will ETH slide further to $3K?” still hangs in the air. As per the price chart, ETH/USDT is trapped in a downtrend with a bearish MA
As the cryptocurrency market grapples with a bearish sentiment in the lead-up to the highly anticipated Bitcoin halving, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, finds itself in the spotlight. Renowned crypto analyst Ali Martinez conducted a recent price analysis that suggests ETH may face significant downward pressure in
The cryptocurrency market has seen remarkable growth and innovation in recent years, capturing the attention of investors worldwide. As we get deeper into 2024, two digital assets stand out: Ethereum (ETH) and Retik Finance (RETIK). While Ethereum has solidified its position as a leading blockchain platform, Retik Finance emerges as
Vitalik Buterin, co-founder of Ethereum, has announced the next stages in the Purge initiative to simplify the protocol and reduce the demand on nodes’ resources. The Purge is an important part of Ethereum’s transition since it simplifies the network by removing unnecessary and outdated data. In addition to lowering the
