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Month: August 2024

cryptocurrency August 25, 2024

Ethereum formed similar structures on the price charts at similar times ETH set to close the gap created after falling below the critical support band Ethereum’s [ETH] recent price recovery from the $2,100-level has sparked speculation that it may replicate its 2016 and 2019 successes in 2024. Advertisements With Ethereum (ETH) poised to close a […]

cryptocurrency August 24, 2024

In a new development that is creating ripples in the cryptocurrency space, Whale Alert, one of the top blockchain trackers, has detected two huge Ethereum (ETH) transfers heading to Coinbase. Advertisements Each transfer involved 150,000 ETH, totaling a staggering 300,000 ETH at nearly $395 million. These transactions were carried out consecutively. Related Reading Ethereum: Market […]

cryptocurrency August 24, 2024

Galaxy research noted that since Dencun, transactions on Ethereum layer 2s have more than doubled, likely because of bots. The Ethereum mainnet has also seen a notable decline in total revenue and ETH burned.  The Ethereum [ETH] Dencun upgrade went live in March this year. While it had the desired effect of making layer 2s […]

cryptocurrency August 23, 2024

Key Takeaways The DeFiant Ones DeFi platform was announced by Donald Trump Jr. to overhaul traditional financial systems. Over 42,000 subscribers joined the official Telegram group for updates on the Trump DeFi project. Share this article Advertisements Advertisements Donald Trump Jr. has revealed plans for a new cryptocurrency project that aims to operate outside traditional […]

cryptocurrency August 23, 2024

The crypto community has been abuzz with news of a significant move by an Ethereum (ETH) whale. This whale, known for making strategic and profitable investments, has gone all in on a new and promising cryptocurrency: Mpeppe (MPEPE), currently priced at just 0.001777. Advertisements Why Is This ETH Whale Betting Big on Mpeppe? This move […]

cryptocurrency August 23, 2024

The cryptocurrency space is abuzz with excitement as the Ethereum ICO has gained significant traction, with Stage 3 hitting a remarkable 76% completion. This development underscores the growing interest and confidence in Ethereum (ETH) as a leading blockchain platform, particularly as it continues to solidify its position within the global financial ecosystem. With recent news […]

cryptocurrency August 23, 2024

Orbiter Finance secured over $50 million in annual revenue, driven by growing Layer-2 (L2) adoption. This milestone positions it among the most profitable decentralized cross-chain L2 protocols. Advertisements L2 solutions enhance blockchain scalability by offloading transaction processing from the main chain. This reduces congestion, lowers fees, and boosts transaction throughput, driving demand for such solutions. […]

cryptocurrency August 23, 2024

Options on Bitcoin (BTC) and Ethereum (ETH) totaling $1.5 billion are approaching expiry, all while the market remains relatively calm. However, this stability may be short-lived. Advertisements The annual central bank meeting in Jackson Hole, which begins today, is widely seen as the month’s most notable macro event. Investors are particularly focused on any news […]

cryptocurrency August 23, 2024

ETHA surpassed $1 billion in inflows, leading Ethereum ETFs despite mixed market sentiment. ETHE faces continued outflows, while Bitcoin ETFs like IBIT outperform Ethereum investments significantly. Following the debut of the Ethereum [ETH] ETF, the market has experienced significant fluctuations. Advertisements BlackRock’s iShares Ethereum Trust (ETHA) has quickly established itself as a market leader, becoming […]

cryptocurrency August 22, 2024

Ethereum (ETH) co-founder Vitalik Buterin has sparked curiosity among community members by promoting the largest altcoin by market cap.  Advertisements Known for his philosophical insights, the Russo-Canadian innovator recently noted that his followers have been asking him to cut back on the “philosophizing” and do more “Ethereum bull posting.”  ETH Fundamentals ‘Crazy Strong’ — Vitalik […]