The winds of change are flowing through the ever-evolving world of cryptocurrencies, and Ethereum’s dominance might be up against its biggest test yet. Ethereum has been the industry leader in smart contract technology for many years. It powers a wide range of decentralised applications and acts as the foundation of
January recorded heavy selling pressures in the crypto market, disappointing investors, while the NFT sector saw substantial rises. Consequently, NFT collection index prices increased by almost 10% in January, far outperforming Ethereum which increased by little more than 2%. According to renowned cryptocurrency expert Michaël van de Poppe, Ethereum is
Ethereum, the second-largest cryptocurrency by market capitalization, showcased a notable recovery yesterday, breaking free from a two-week bearish trend. In the second week of January, ETH reached a 20-month high of $2,710 but dipped to $2,168 eight days ago. Despite the setback, ETH has experienced a 7% surge in the
Co-Founder of Ethereum Vitalik Buterin recently explored the dynamics of the crypto industry’s integration with AI. He recently published an analysis that discussed the potential benefits and significant obstacles of using AI in cryptocurrency. Vitalik Buterin simplifies the complex dynamics by classifying the interactions between blockchain and AI into four
As Ethereum continues grappling with issues like high gas fees and network congestion, the stage is set for the ascent of competing networks offering enhanced speed, scalability and affordability. Here we explore 3 promising Ethereum alternatives under $1 positioned to deliver major gains, making them enticing options for investors seeking
The desire for significant profits and exponential growth is a persistent goal for investors in the ever-changing world of cryptocurrencies.The cryptocurrency market experienced a wild journey in 2023, with Bitcoin (BTC) falling below $20,000. But as we proceed with 2024, the cryptocurrency market offers an enticing array of prospects, and
With only four days remaining in the month of January, the volume of Ethereum (ETH) options trading across leading crypto derivatives exchanges hit a record high of $17.9 billion. On Friday at 3:00 a.m. ET, almost 932,000 ETH options expired across several centralized derivatives exchanges, based on options data from
The U.S. Securities and Exchange Commission has delayed Grayscale Investments’ application to convert its Ethereum trust product (ETHE) into an ETF. Similar action had been taken the day before by the regulatory authority in response to BlackRock’s application for a spot ETH ETF. On January 25, the SEC delayed a
An application by Grayscale Investments to transform its Ethereum trust product (ETHE) into an exchange-traded fund (ETF) was postponed by the U.S. SEC. The regulatory body had done the same thing the day before with BlackRock’s request for a comparable vehicle. A judgment on BlackRock’s spot Ethereum ETF was postponed
Ethereum, the second largest cryptocurrency by market capitalization is now trapped under the bearish pressure. It had a 3% dip in the past 24 hours and 7.28% in the past seven days, currently trading at $2344. Despite this downfall in price, Ethereum’s long-term holders have now surpassed those of Bitcoin,
