The price of Mantle token (MNT) reached a new all-time high (ATH) of $0.9493 on Monday, February 26th, marking a 20% increase. This surge coincides with the heightened activity observed on Layer-2 DeFi platforms on the Ethereum blockchain network in recent days. Ethereum’s impending Dencun upgrade, promising enhanced network security
In the dynamic world of cryptocurrencies, investors are always on the lookout for the next big opportunity to maximise their returns. As the crypto market continues to evolve, certain digital assets stand out for their potential to deliver significant gains. In this article, we’ll explore the price predictions for three
The prominent altcoin Ethereum (ETH) has surpassed the $3,120 mark, showcasing an uphill performance in the cryptocurrency market and outpacing Bitcoin. ETH’s current trading level, not seen since April 2022, is drawing significant market interest and hinting at potential future growth. The Ethereum surge comes amid the forthcoming Dencun upgrade,
The impending Dencun upgrade, which will boost throughput and decrease the cost of certain network transactions, may have contributed to Ethereum’s recent price increase, according to asset manager Grayscale Investments. However, many market watchers are relating the rise in prices to optimism surrounding the potential approval of a spot ether
Jeff Zirlin, co-founder of Axie Infinity’s Ronin Network, disclosed that his personal wallets on the Ronin chain fell victim to a hack, resulting in the loss of approximately $9.5 million worth of Ethereum. The compromised funds were swiftly transferred to Tornado Cash, an anonymizing service, making it challenging to trace
According to analysts at JPMorgan, the current spike in cryptocurrency prices is not due to market fundamentals or institutional investors but rather to irrational trading choices made by individual traders. On Thursday, analysts headed by Nikolaos Panigirtzoglou of JPMorgan released a report stating that, similar to stocks, they found that
In a recent Twitter post, Ethereum co-founder Vitalik Buterin issued a warning about Layer 2 (Ethereum L2) solutions. Among the many dangers of Ethereum L2 deployments, Buterin stressed the possibility of permanent financial losses. The rising popularity of Layer 2 scaling options to improve Ethereum’s scalability and lower transaction costs
Since Bitcoin ETFs were introduced in January, the price of Ethereum, the second-largest cryptocurrency, has been in the focus. With numerous applications already filed with the SEC, investors think Ethereum’s chances of acquiring a spot ETF are strong. Coinbase has backed Grayscale’s proposal to convert its existing Ethereum Trust product
Coinbase, a leading cryptocurrency exchange, has taken a proactive stance in advocating for the approval of the Grayscale Ethereum Trust listing as a spot ether Exchange-Traded Fund (ETF). The company’s Chief Legal Officer, Paul Grewal, recently announced on social media platform X that Coinbase has responded to a request for
Ether (ETH), the native token of the Ethereum network, surged past the $3,000 mark on Tuesday, marking its highest value since April 2022. Over the past 24 hours, Ether’s price has risen by approximately 3.5%, reaching $3,033, and has displayed a significant 16% increase in the past week, outpacing other
