The new image compression method TiTok receives Ethereum co-founder Vitalik Buterin’s stamp of approval due to its promising blockchain applications. The new TiTok compression technique greatly decreases picture size, making it more feasible to save on the blockchain—but don’t get this mixed up with the social networking app TikTok. On
Ethereum bulls and bears are in a feud to break the $3K range to go to a high of $4K. Thus, at the time of writing, the coin is trading at $3,535 with a 0.67% gain in the past 24 hours. After a 15.89% decline, the daily trading volume recorded
With the launch of the Polygon Governance Hub, Ethereum Layer 2 Polygon has made a significant stride in enhancing community ownership and governance. The Aragon Project, a well-known DAO developer, developed the Polygon Community’s governance hub. A community-driven hub and protocol governance contracts makeup Aragon Project’s end-to-end governance solution, according
Following a recent price dip, Ethereum (ETH) had one of its most significant days for long-term holder accumulation. Demand for Ethereum has skyrocketed. In a post on June 13th, CryptoQuant’s chief of research Julio Moreno said that buying by permanent holders was the second highest it has ever been. According
The U.S. SEC Chairman Gary Gensler’s statement regarding the spot Ethereum ETF approval by September has spurred the community to speculate on the price momentum of Ethereum (ETH). Notably, demand for Ethereum surged this week. This is evident from the inflows of permanent holders purchasing 298,000 ETH on Wednesday, marking
During the summer, SEC Chair Gary Gensler anticipates the approval of Ethereum spot ETF S-1s. This follows prior conjecture on the S-1 launch window. In addition to the highly anticipated Ethereum ETFs, Gensler also addressed the difficulties that decentralized finance (DeFi) presents to anti-money laundering (AML) regulations. The announcement by
The NFT sector has lagged behind the rest of the cryptocurrency industry, which has been quite exciting so far this year. The amount of Ethereum NFT marketplace transactions has been falling every month since January, and it was already much lower in January compared to the billions of dollars moved
As part of its continuous effort in growing a vibrant community of traders and crypto-savvy people, BitDelta is launching yet another trading competition, with an overall prize pool of $50,000. Campaign Period: June 10 – June 24, 2024 The competition is open to both existing and new users, and the
Ethereum, the leading altcoin, is currently navigating a challenging market environment. After hitting a 23-day low of $3,432 yesterday, it is trading at $3,508.74, marking a 1.47% decline. While, trading volume has surged by 12%, reflecting heightened market activity despite the coin being down 7% over the past week. This
Vitalik Buterin is praising the successes of Ethereum’s Layer 2 protocols in light of the recent Optimism (OP) milestone. As per OP Labs’, Ethereum L2 Optimism has now included fault proofs to its smart contracts. As of right now, Optimism is in what the development team calls “Stage 1” of
