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Year: 2024

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 […]

cryptocurrency March 7, 2024

Ethereum price extended its increase toward $3,900. ETH is now consolidating gains and might aim for a move above the $4,000 resistance. Advertisements Ethereum traded to a new multi-month high above $3,880. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term bullish flag pattern forming with resistance at […]

cryptocurrency March 6, 2024

Advertisements EigenLayer  was the second-largest DeFi protocol at the time of writing. EigenLayer’s exponential growth spurred rise of projects like Ether.fi. EigenLayer’s growth since the beginning of 2024 has been nothing short of historic. The restaking protocol saw a mindboggling 11x jump in total value locked (TVL) since the 1st of January, according to AMBCrypto’s […]

cryptocurrency March 6, 2024

Ethereum price rallied toward $3,850 before crashing. ETH followed Bitcoin, but the bulls are now active near the $3,350 support zone. Advertisements Ethereum traded to a new multi-month high above $3,800 before crashing. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line […]

cryptocurrency March 5, 2024

Advertisements SEC postponed its verdict on the applications for spot Ethereum ETFs from BlackRock and Fidelity. Price of ETH remained unaffected and continued to grow. The United States Securities and Exchange Commission (SEC)  decided to postpone its determination on the approval or rejection of Ethereum [ETH] exchange-traded funds (ETFs) submitted by BlackRock and Fidelity, according […]