Wed, November 27

Swift to Launch Live Trials for Digital Asset Transactions Next Year

Global bank messaging giant Swift has announced that it is set to conduct trial live transactions of tokenized assets and digital currencies starting next year. This marks a significant step towards integrating these assets into the mainstream financial system. The announcement follows the progress made from earlier experiments into practical

October 3, 2024 2 mins read

Ethereum (ETH) Price Falls to Previous Support Amid Selloffs

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

October 3, 2024 2 mins read

Are Ethereum Whales Driving the Recent 6% Drop in ETH?

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

October 2, 2024 2 mins read

Can Ethereum Staking Yields Surpass US Interest Rates in 2025?

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

September 30, 2024 2 mins read

Can Ethereum Reverse its Course After Recent Price Decline?

Ethereum’s price has dropped to $2,598, marking a 1.90% decline over the past 24 hours. Meanwhile, trading volumes surged, reaching $13.31 billion, which represents a significant 30.23% increase. Additionally, the drop in Ethereum’s market capitalization by 1.49%, now sitting at $316 billion, combined with a steady circulating supply of 120.37

September 30, 2024 2 mins read

BlackRock’s Spot Ether ETF Surpasses $1 Billion in Net Asset Value

After six weeks of negative withdrawals, spot Ethereum exchange-traded funds based in the US have had their strongest weekly inflows since early August. One of these funds has achieved a historic milestone: a net asset value of more than $1 billion. After six weeks of net weekly withdrawals, US-based spot

September 30, 2024 1 min read

Vitalik Buterin Advocates Framework to Assess Ethereum Project Alignment

Vitalik Buterin, a co-founder of Ethereum, has suggested developing a set of criteria to evaluate projects’ degree of “alignment” with the Ethereum principles. Buterin listed attaining “Ethereum alignment” as a top social challenge facing the Ethereum community in his most recent blog post on September 28. Still, he conceded that

September 30, 2024 2 mins read

Vitalik Suspected Wallet Triggers Speculation Amid $2M Transfer

Vitalik Buterin, co-founder of Ethereum, has once again drawn attention due to recent transactions associated with a wallet suspected to be his. Buterin had previously stated on social media, “I haven’t sold and kept the proceeds since 2018. All sales have been to support various projects that I think are

September 30, 2024 2 mins read

Ethereum Whale Activity Ramps Up Amid Market Recovery

Ethereum whale transactions have surged this week as the price of ETH shows signs of recovery. A notable whale, inactive for four months, made significant moves, cashing out 12,979 ETH valued at $34.3 million. This whale, with a profit of $58.8 million, originally acquired 21,632 ETH from ShapeShift and Poloniex

September 28, 2024 2 mins read

Ethereum (ETH) Struggles to Stabilize At $3,000: Here’s Why

Ethereum (ETH) finds itself at a critical juncture as it grapples with the challenge of establishing a firm foothold around the $3,000 mark. The second-largest cryptocurrency by market capitalization has faced headwinds in the form of tepid institutional inflows and wavering investor confidence. However, market observers anticipate a potential shift

September 27, 2024 2 mins read