Ethereum is gaining momentum as it edges closer to the $2,500 mark, supported by the Shanghai upgrade. Currently trading at $2,484.46, Ethereum has experienced a 2.57% increase in the past 24 hours. The market capitalization has surged to $299.07 billion, while the 24-hour trading volume jumped by 52.73%, reaching $11.56
Ethereum co-founder Vitalik Buterin has recently backed a significant update to the SuperchainERC20 protocol, detailed in a GitHub pull request by Optimism. This redesign introduces a new cross-chain interface, aimed at fostering collaboration among Ethereum infrastructure entities and solidifying a more unified ecosystem. The update seeks to revamp the SuperchainERC20
Altcoins in the market have shown mixed signals, with Ethereum, the largest altcoin, suffering to hold its ground. ETH price is at a critical juncture as it hovers near key resistance and support levels. Notably, over the past 24 hours, ETH witnessed a moderate spike of 1.54%. At the press
The NFT market recently witnessed a significant transaction with CryptoPunk 1563 being sold for a staggering 24,000 ETH, equivalent to over $56.3 million. This sale, which occurred on October 4, stands as one of the most prominent in the history of NFTs. The buyer, identified as 0x9cbb3d, used a flash
Despite positive news surrounding Franklin Templeton’s proposed Bitcoin and Ethereum index ETFs, Ethereum (ETH) and Bitcoin (BTC) display price declines. As October begins, often referred to as “Uptober” for its historical bullish trends, market sentiment remains cautious, with both leading cryptocurrencies struggling to maintain momentum. Currently, ETH is trading around
In a remarkable show of confidence amid market volatility, the enigmatic group known as the “7 Siblings” has re-entered the spotlight, amassing significant Ethereum (ETH) holdings worth over $66 million. This latest acquisition of 28,120 ETH comes as part of a strategic buying spree during a recent dip in the
Ethereum co-founder Vitalik Buterin has recently engaged with the community on social media, addressing concerns surrounding Ethereum’s staking requirements. In response to a community member’s reflection on their solo validator experience since the Beacon Chain’s launch in December 2020, Buterin emphasized the importance of solo staking for maintaining true decentralization
Uptober’s failure to initiate the bull run yet, has caused a feeling of unrest in the crypto community. Significant cryptocurrencies have incurred major dips in the last 2 days, this has put investors in a tough spot. The decision to sell or buy the dip has been looming within the
As of October 1, Ethereum’s current price stands at $2,474, reflecting a 6.20% decrease over the past day. The market cap has similarly declined by 5.18%, currently sitting at $299.87 billion. Despite this price drop, the 24-hour trading volume has increased by 46.66%, reaching $25.27 billion. Ethereum’s market has undergone
Ethereum staking yields to surpass the U.S. interest rates in 2025. As the Federal Reserve continues to cut interest rates, the gap between Ethereum staking returns and traditional risk-free rates is anticipated to minimize. ETH stake yields are currently positioned at 3.2%. With the U.S. rates expected to fall below
