The price of Ethereum has been steadily increasing over the past few years, with its value currently hovering around the $1,639 mark. However, could it be possible for Ethereum to experience, a dramatic crash, pushing its value down to as low as $1,000? Technically speaking, it is certainly possible–here’s why.
The credit card giant Visa aims to integrate Ethereum blockchain-powered solutions into its services. According to the firm, they have been experimenting with “how to accept payments from issuers in USDC on Ethereum and payout in USDC”. Additionally, there are large settlement payments. The President of the cryptocurrency division at
Interfax reported that Moscow-based state-owned financial services provider Sberbank is developing a decentralized finance (DeFi) application. According to Konstantin Klimenko, head of products for the blockchain lab at Sberbank, the platform is now under closed beta testing. Based on Ethereum, the platform will be compatible with the Web3 wallet MetaMask.
While the crypto market is on its way to recovering its value, Turing-complete blockchain Core DAO sets its native token CORE official Airdrop on 8th February 2023. Through the Airdrop, this Satoshi Plus consensus platform intends to distribute 525,600,000 CORE or 25.029% of the total distribution of $CORE tokens. Which
The Ethereum price hit a new all-time high of $1,700 on Sunday, setting a new benchmark for the leading cryptocurrency. Therefore, signaling that ETH is poised for further upside. The landmark milestone was achieved as the Ethereum network continues to gain widespread adoption from institutions and retail investors alike. Fueled
The cryptocurrency market kick-off February with continued bullish momentum as the crypto king, Bitcoin (BTC), soared by over 45%, and the largest altcoin, Ethereum (ETH), surged around 40% in a month. At the time of writing, the global crypto market cap has a market cap of $1.12 trillion, which increased
The Ethereum-based social token platform Rally announced its closure on Tuesday. The Rally sidechain’s shutdown was announced in an email delivered to the Rally community on January 31st. Rally indicated that 2022 was a difficult year for the platform and the broader crypto sector. Despite the team’s best efforts, “the
The North Korean hackers responsible for the June thefts from the Harmony Bridge are still attempting to launder the stolen monies. ZachXBT, a blockchain detective, disclosed on January 28 that the culprits had transferred 17,278 Ether, or nearly $27 million, over the course of the weekend. ZachXBT said in a
Since the start of 2023, the global cryptocurrency market has witnessed significant gripping changes. As the leading altcoin, Polygon (MATIC) joined the trend by “overtaking” the second largest crypto Ethereum (ETH) in daily active users (DAU). This year Polygon maintains its impressive growth. And the Polygon blockchain has lifted to
Doodles stands out as one of the most well-known Ethereum NFT initiatives because to its vibrant profile photos (PFPs), over $550 million in trading volume, and the involvement of artist and chief brand officer Pharrell Williams. Doodles, however, is moving to the Flow blockchain for its next major release. Doodles,
