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Search Results for: Ethereum

Ethereum Struggles To Cross $1805 Resistance: What Should Traders Do?

Ethereum, the second-largest cryptocurrency by market capitalization, has been displaying resilience against bearish market trends. Just hours ago, it surged to a 10-week high, reaching $1,852. This significant rally followed a day of strong market performance, with the total market capitalization surging by over 8%. Even Bitcoin, the leading cryptocurrency,

October 25, 2023 2 mins read

Ethereum Developers Gear Up for Deneb-Cancun Upgrade

Developers on the Ethereum network are hard at work getting ready for the Deneb-Cancun upgrade, and they’ve hinted that Devnet #10 will soon be released. This will be the last devnet before the upgrade is deployed to a public Ethereum testnets like Goerli. According to the most recent Ethereum ACDE

October 21, 2023 2 mins read

Ethereum Faces Bearish Pressure Amidst Market Volatility. What Should Traders Do?

Ethereum, the second-largest cryptocurrency by market capitalization, is currently facing bearish pressure in the midst of a positive market turnaround. The previous week was a pivotal one in the crypto world, leading to the global market surging by four percent and Bitcoin touching the $30,000 mark. Notably, Ripple’s CEO, Brad

October 21, 2023 2 mins read

Ethereum Price Witnesses Bullish Rally as Market Rebounds

Ripple’s CEO Brad Garlinghouse and Executive Chairman Chris Larsen were acquitted of all allegations in a historic move by the U.S. SEC. After almost three years under intense regulatory scrutiny, this is a huge win for Ripple. The crypto market is experiencing a surge post the announcement of this update

October 20, 2023 2 mins read

Ethereum (ETH) Testing $1,500 Support: More Dump Expected?

Ethereum (ETH) faced a lackluster response to the launch of its futures Exchange-Traded Funds (ETFs), in stark contrast to the initial enthusiasm seen with Bitcoin (BTC) futures ETFs. Over recent weeks, trader activity has dwindled, resulting in remarkably low transaction fees on the Ethereum network, the lowest since late 2022.

October 19, 2023 2 mins read

Ethereum Scaling Solution Scroll Launches Mainnet

Scroll, a zero-knowledge rollup project aimed at boosting Ethereum’s throughput, has officially launched its mainnet, according to an announcement Tuesday. Chinese journalist Colin Wu reported that Scroll’s mainnet will initially focus on onboarding infrastructure providers to the network. The project utilizes zkEVM technology, which the team states provides an experience

October 17, 2023 1 min read

Scroll’s zkEVM Mainnet Launch Marks a Milestone in Ethereum Scalability and Efficiency

The open-source rollup leverages zero-knowledge proofs to increase speed and lower costs, ushering in a new era of developer adoption for Ethereum NEW YORK & HONG KONG–(BUSINESS WIRE)–Scroll, an open-source, community-first Ethereum scaling solution, today announced the launch of its mainnet, marking a significant milestone in the movement to scale

October 17, 2023 4 mins read

Ethereum Price Shows Signs of Recovery; Can Bulls Dominate?

For the first time since May, the validator queue on the Ethereum blockchain has emptied, suggesting that investor appetite for ether staking has plateaued, as reported by Coinbase. To validate blockchain transactions and get rewards, validators lock up ether. After reaching its maximum capacity, validator entry dwindled staking returns to

October 16, 2023 2 mins read

Ethereum ‘Whales’ Decrease Holdings While Bitcoin ‘Whales’ Stay Strong

This week, the crypto community learned of a striking discrepancy in the attitudes of the “whales” holding the two largest cryptocurrencies on the market: Bitcoin and Ethereum. On-chain research business Glassnode data shows a dramatic decline in the number of Ethereum “whales” (individuals holding 1,000 or more ETH, or around

October 15, 2023 1 min read