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Month: March 2024

cryptocurrency March 10, 2024

Bitcoin increased by 10% and Ethereum rose by 14.7% in the past week. BTC and ETH were trending over the S&P 500 at press time. Bitcoin [BTC] and Ethereum [ETH] have displayed strong price performances in recent weeks, surpassing some previous all-time highs. Advertisements These upward trends in the prices of these crypto assets have […]

cryptocurrency March 9, 2024

Representatives from the United States Securities and Exchange Commission (SEC) recently engaged in discussions with Coinbase and Grayscale regarding the pending spot Ethereum exchange-traded funds (ETFs). Advertisements While Coinbase delivered a presentation regarding Ethereum ETFs to the financial regulator, Grayscale focused on the potential listing of the Grayscale Ethereum Trust on NYSE Arca. Coinbase, Grayscale […]

cryptocurrency March 9, 2024

Cryptocurrency enthusiasts are celebrating a bullish weekend for Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization. With a price surge of 4.31% in the last day, ETH is inching closer to a critical resistance point: $4,000. This climb comes amidst a wave of optimism surrounding the Ethereum network, fueled by a confluence of factors. […]

cryptocurrency March 9, 2024

Advertisements Capital is rotating into other altcoins led by ETH. Ethereum’s TVL increased by 73.78%, indicating high altcoin interaction. Ethereum’s [ETH] rise above $3,900 could be the catalyst that changes the market dynamics and helps altcoins climb higher than they have. Ever since Bitcoin [BTC] hit a new all-time high, ETH has been outperforming it. […]

cryptocurrency March 8, 2024

Here are the Ethereum-based altcoins that are currently witnessing a high amount of activity from the whales, according to on-chain data. Advertisements These Ethereum Altcoins Are Seeing High Whale Transactions Right Now In a new post on X, the on-chain analytics firm Santiment has discussed how several Ethereum-based altcoins have been seeing notable whale activity […]

cryptocurrency March 8, 2024

Advertisements The Ethereum fee rose to over 9,000 ETH. Ethereum volume rose to over a ten-month high. Recently, Ethereum’s [ETH] transaction fees have surged. This increase aligns with the ongoing upward trend in the asset’s price and the network’s preparations for an upgrade to reduce fees in the ecosystem. Ethereum fee reaches months-high An examination […]

cryptocurrency March 8, 2024

The incoming Dencun fork heralds a new era for Ethereum, which could significantly lower transaction fees by as much as 100 times. Advertisements This pivotal upgrade, backed by the unwavering support of Coinbase’s Base layer 2 network from day one, aims to tackle one of the most pressing challenges in the blockchain space: high transaction […]

cryptocurrency March 8, 2024

In a recent announcement, Layer 2 (L2) protocol Injective (INJ) has reached a major milestone with the launch of its inEVM Layer 2 rollup solution on the mainnet. This technology introduces an Ethereum Virtual Machine (EVM) environment to the Injective ecosystem, opening up new prospects for developers and blockchain interoperability. Advertisements By integrating with Ethereum […]

cryptocurrency March 7, 2024

Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), remains tight-lipped on Ethereum’s classification ahead of critical decisions on Ethereum exchange-traded funds (ETFs).  Advertisements This stance reflects the uncertainties surrounding cryptocurrency regulations and their alignment with financial products like ETFs. Is Ethereum a Security?  The spotlight turned to Ethereum following the successful launch […]

cryptocurrency March 7, 2024

Advertisements ETH moves closer to breaching $4,000. Ethereum’s NFT sales volume drops a spot. Ethereum [ETH] has experienced gradual upward movements recently, approaching the $4,000 price range. However, concurrently, as the overall price of Ethereum has risen, the blue-chip NFTs on the network have witnessed a decline in their prices. Ethereum shows strong rebound The analysis […]