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Search Results for: Ethereum

Is Ethereum Poised to Break Through the $2.7K Barrier?

At the time of writing, Ethereum (ETH) is trading at $2,676, reflecting a 3.10% increase over the past 24 hours. This surge is accompanied by a robust trading volume of $15 billion, marking a significant 46.85% uptick.  In the institutional space, US spot ETH ETFs recorded a daily net inflow

September 23, 2024 2 mins read

Can Ethereum (ETH) Leverage Bullish Signals to Spark a Rally?

Ethereum itself is witnessing a bullish trend, with large wallet transfers and increased trading volumes. As of September 19, the US Spot Ethereum ETF has shown significant movement, with a daily net inflow of $5.24 million, primarily from Blackrock’s ETHA, which recorded the entire inflow. The ETF now boasts total

September 20, 2024 2 mins read

Commerzbank Rolls Out Bitcoin and Ethereum Trading Services in Germany

Commerzbank, Germany’s second-largest bank by branches, has partnered with Crypto Finance, a subsidiary of Germany’s largest stock exchange operator, to provide crypto trading services for its corporate clients.  According to the announcement, this move will initially focus on Bitcoin (BTC) and Ethereum (ETH), allowing businesses to easily and securely engage

September 19, 2024 1 min read

Cypher Capital Joins Fundraising for Hemi Labs to Develop Unified Bitcoin-Ethereum Supernetwork

The multi-strategy cryptocurrency investment company Cypher Capital has revealed that it is a part of a $15 million initial fundraising round for Hemi Labs, a modular blockchain network that unifies Ethereum and Bitcoin. Using funds from Cypher Capital, Hemi Labs will utilize the funding to develop and introduce the Hemi Network, advancing blockchain technology

September 18, 2024 2 mins read

Vitalik Reveals How Ethereum Achieved ‘Basically Zero’ Transaction Fees

At Token2049 in Singapore, Ethereum co-founder Vitalik Buterin emphasized Ethereum’s progress, notably highlighting reduced transaction fees and enhanced scalability through layer-2 (L2) networks. He celebrated the significant decrease in fees on L2s like Optimism and Arbitrum, which now stand at “basically zero,” a vital development for mainstream adoption. “From being

September 18, 2024 2 mins read

Google Cloud Unveils Ethereum-Compatible RPC Service

Google Cloud has launched an Ethereum-compatible RPC service, enabling developers to build and scale blockchain applications on its platform. The service offers Ethereum developers a scalable infrastructure to deploy decentralized applications (dApps).  RPC, or remote procedure call, is a crucial component of blockchain networks. Moreover, It allows developers to communicate

September 18, 2024 1 min read

Can Ethereum (ETH) Retain Its Bullish Momentum?

Ethereum (ETH) is currently trading at around $2,312, slightly upward over the past 24 hours. However, recent fluctuations have kept traders on alert. Moreover, the much-anticipated Ethereum Exchange-Traded Funds (ETFs) could soon drive new institutional investment. These funds are expected to bring more capital into Ethereum’s ecosystem. In whale movements,

September 17, 2024 2 mins read