Nearly after three years, PlanB, a Dutch institutional investor and Bitcoin analyst renowned for the Stock-to-Flow model, has recently slammed Ethereum (ETH), calling it a “centralized, premined shitcoin.” On April 20, PlanB posted on X (formerly Twitter), mentioning that “Ethereum is really not looking good now.” The post further called
After three rough weeks of downward pressure, the crypto market is finally showing signs of recovery. Bitcoin, which had dropped below $74.5K earlier this month, is now trading above $87K — bringing a wave of positivity across major altcoins as well. The overall sentiment has shifted from panic to cautious
The brief uptick in the crypto market cap has reached $2.75 trillion. The largest asset, Bitcoin (BTC), trades closer to $87.4K, while the largest altcoin, Ethereum (ETH), is trading within the bearish zone, and the asset couldn’t escape from the hold. ETH has formed a bearish trend line, and after
To make the Ethereum network’s execution layer faster and more efficient, Vitalik Buterin, a co-founder of Ethereum, has suggested swapping out the present Ethereum Virtual Machine (EVM) contract language for the RISC-V instruction set architecture. Buterin listed zero-knowledge EVM proving, reliable data availability sampling, and maintaining competitive block creation as
ETH and ADA tokens traded near the single cent mark during the year 2017. The value of ETH grew and topped $4,000 while ADA reached more than $3 throughout a few short years. Current cryptocurrency market participants seek outstanding potential tokens after failing to participate in the past explosive growth
Ethereum futures saw $42.43 million in liquidations, but rising investor focus has shifted towards Rexas Finance’s surging presale performance. The ERC-20 token RXS, built around tokenizing real-world assets, has gained massive traction, leading to record accumulation. Ethereum is holding steady, yet the real market excitement stems from Rexas Finance’s explosive
With fresh initiatives challenging the hegemony of existing giants like Ethereum (ETH) and Binance Coin (BNB), the cryptocurrency market has always been a hive of invention. With Ethereum’s innovative, brilliant contract architecture and Binance Coin’s exchange-driven utility, these tokens helped usher in a transforming period in blockchain technology in 2017.
Crypto assets remain trapped in the fear zone, with mixed signals across the market, triggering an uncertain price trajectory. The largest altcoin, Ethereum (ETH), continues to be held down by bearish pressure, slipping by 0.30%. The bearish territory established by Ethereum seems impossible to escape. An upturn could reinforce once
Hong Kong is making itself as Asia’s digital asset hub. The Securities and Futures Commission (SFC) has greenlit staking services, allowing China Asset Management (ChinaAMC) to launch an Ethereum ETF with staking by May 15. This is a significant move towards institutional crypto investment being made more compliant and accessible.
The Ethereum blockchain has been gradually losing its spark for the past few months with reduced on-chain activity. It was once the top blockchain network for all decentralized activities, such as dApps, DeFi, NFTs, etc. But it continues to lose ground to other sophisticated blockchain networks with more use cases.
