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cryptocurrency October 11, 2023

On-chain data suggests an Ethereum close under the $1,530 level could lead to a significant drawdown for the cryptocurrency. Advertisements Ethereum Support Levels Below $1,530 Are Very Thin Currently In a new post on X, analyst Ali has discussed what the support and resistance levels of Ethereum are looking like right now. These support and […]

cryptocurrency October 11, 2023

Advertisements Ethereum’s correlation with Bitcoin hit a yearly low of 0.61. Subdued Ethereum spot trade volume and waning whale interest contrasted with Bitcoin’s resurgence. In the midst of the ever-fluctuating cryptocurrency landscape, Ethereum[ETH] appeared to be facing ongoing challenges, in contrast to Bitcoin’s recent resurgence. Is your portfolio green? Check out the ETH Profit Calculator […]

cryptocurrency October 10, 2023

Advertisements Botanix Labs founder Willem Schroé argues a “huge amount of value” from real-world assets will be captured on Bitcoin, provided it connects to the Ethereum Virtual Machine. Mainstream Bitcoin (BTC) adoption won’t happen until it bridges to the Ethereum Virtual Machine (EVM) — the first point of entry for many real-world assets moving on-chain, […]

cryptocurrency October 10, 2023

The price of Ethereum has experienced a notable decline following a major Ether sale this week. The unexpected decrease has left the crypto community anxious about the stability of the world’s second-largest cryptocurrency and the long-term effects of the decline.  Advertisements Ethereum Price Drops After Large-Scale Ether Swap On Monday, October 9, the price of […]

cryptocurrency October 10, 2023

Advertisements The non-profit arm of the Ethereum Foundation sold some of its holdings. Traders opened more short positions moments after the sale. On-chain data from Arkham Intelligence showed that the Ethereum [ETH] Foundation sold 1,700 ETH, and exchanged it for 2.7 USD Coin [USDC] on 9 October.   How much are 1,10,100 ETHs worth today? According […]

cryptocurrency October 10, 2023

Advertisements The author of the white paper, Robin Linus, based BitVM’s architecture on Ethereum’s optimistic rollups with fraud proofs and recent Merkle tree developments. A Bitcoin developer has proposed a new way to bring more expressive off-chain smart contracts to Bitcoin (BTC) without needing a soft fork. Announced in an Oct.9 white paper titled “BitVM: Compute […]

cryptocurrency October 9, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH bulls looked to cede control back to sellers after the price rejection at resistance level. Bulls could still recover despite selling pressure. Ethereum’s [ETH] early October bullish run from the $1,619 support […]

cryptocurrency October 8, 2023

Prominent crypto exchange Coinbase has emerged as the second largest ETH staking entity based on a recent scoop by Chinese reporter Colin Wu. This development comes amidst growing concerns about network centralization in regard to Lido’s dominance in the ETH staking market.  Advertisements Coinbase Accounts For 14.1% Of ETH Staking Activity – Report According to Wu, […]

cryptocurrency October 8, 2023

Advertisements The network participation rate on Ethereum increased to 90% as Devnet-9 closes in on completion. The Dencun testnet could launch before November ends. Ethereum [ETH] developers had their usual All Core Developers Consensus (ACD) call on 5 October. From the meeting, they decided the timing for the Devnet-10 launch could happen earlier than initially […]

cryptocurrency October 7, 2023

Vitalik Buterin, Ethereum’s co-founder, has put forward a series of solutions to bolster the decentralization of staking pools and protocols. He also proposed solutions to reinforce these protocols’ security against potential attacks. Advertisements These suggestions follow a previous proposal shared by Buterin on possible changes that can be made to the Ethereum network. Addressing Decentralization […]