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Month: October 2024

cryptocurrency October 26, 2024

Ethereum’s co-founder, Vitalik Buterin, has presented “The Purge,” the fifth installment in a series of proposed upgrades designed to streamline the Ethereum network’s data storage and protocol complexity. Advertisements This update is crucial as Ethereum’s long-term scalability, security, and sustainability hinge on a stable, manageable data architecture. Tackling Ethereum Data Storage Buterin’s Purge upgrade introduces […]

cryptocurrency October 25, 2024

In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US.  Advertisements The inquiry, reportedly led by prosecutors from the Manhattan US Attorney’s Office, is said to focus on whether Tether’s stablecoin, […]

cryptocurrency October 25, 2024

Traders and investors in the crypto market should brace for volatility, with $5.26 billion worth of Bitcoin and Ethereum options expiring today. Advertisements Specifically, Bitcoin (BTC) options due for expiry total $4.25 billion in notional value, while Ethereum (ETH) options account for $1.01 billion. With this, markets await the impact of such expansive contracts’ expiring. […]

cryptocurrency October 24, 2024

Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and faces many hurdles near the $2,550 level. Advertisements Ethereum started a downside correction below the $2,550 support. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at […]

cryptocurrency October 23, 2024

The Ethereum price has just broken out of a key symmetrical triangle pattern, signaling a potential surge to new levels above $3,000. The recent breakout is seen as a bullish indicator for the top altcoin by analysts who have closely watched the Ethereum price action for the past few months. Advertisements Ethereum Price Breaks Out […]

cryptocurrency October 20, 2024

Ethereum co-founder Vitalik Buterin has continued his weeklong intervention on how the blockchain network’s Proof-of-Stake (PoS) mechanism can be further improved with a new essay titled “Possible Futures of the Ethereum Protocol, Part 3: The Scourge.” Advertisements In this post, Buterin discussed how Ethereum must evolve to maintain decentralization while addressing security threats. Tackling Ethereum […]