Prominent cryptocurrency analysts have recently expressed bullish sentiment on Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, with one suggesting it will surge to over $10,000 by the end of the year. Michaël van de Poppe, a cryptocurrency analyst with over 700,000 followers on the microblogging platform X (formerly known […]
Category: Ethereum News
Why Ethereum ($ETH) Could Surpass Expectations, Explains Coinbase Research Analyst David Han
Coinbase Institutional is a division of Coinbase that caters to the needs of institutional investors, such as hedge funds, family offices, endowments, and other large-scale financial entities. It provides secure custody services through Coinbase Custody, offering segregated cold storage with robust security measures and insurance coverage. The division also offers […]
Ethereum (ETH) Poised for Breakout? Key Technical Indicator Flashes Buy Signal
The price of the second-largest cryptocurrency by market capitalization Ethereum ($ETH) could soon surge significantly as a key technical indicator is currently suggesting ETH could “see a rebound of one to four candlesticks” on its daily chart. That’s according to popular cryptocurrency analyst Ali Martinez, who recently noted that the […]
EigenLayer’s $EIGEN Launch: Innovation Meets Controversy in DeFi’s Latest Chapter
EigenLayer is a protocol built on the Ethereum blockchain that introduces a new concept called “restaking”. Restaking allows users who have already staked their Ethereum (ETH) to essentially leverage it again. By opting into EigenLayer’s smart contracts, users can put their staked ETH to work in securing other applications on […]
CryptoQuant Analysis: Dencun Upgrade’s Impact on Ethereum’s “Ultra Sound Money” Status
The Ethereum blockchain, a cornerstone of the decentralized finance (DeFi) ecosystem, has consistently grappled with scalability issues. Network congestion during periods of high activity leads to slow transaction times and exorbitant gas fees, hindering user experience and hindering the network’s ability to support a wider range of applications. The Dencun […]
Ethereum ($ETH) Inventor Vitalik Buterin Proposes ‘Multidimensional Gas Pricing’
In a blog post dated May 9, 2024, Ethereum’s co-founder Vitalik Buterin introduced an innovative concept to address efficiency issues within Ethereum’s transaction processing system. His proposal revolves around the idea of “multidimensional gas pricing,” which aims to optimize how Ethereum manages and prices computational tasks. Simplifying Ethereum’s Gas Mechanism […]
Whale Alert: Ethereum (ETH) Investor Books Millions in Profits After Year-Long Hold
A major Ethereum investor, often referred to in the cryptocurrency world as a “whale,” appears to be cashing in on a successful year, according to data analysis from blockchain intelligence service Lookonchain. The investor, reportedly purchased a significant amount of Ether a year ago, at a price point of around […]
Ethereum Co-Founder Takes on the U.S. SEC in Landmark Crypto Case
In a recent interview with Wired, Joseph Lubin, co-founder of Ethereum and CEO of Consensys, shed light on his ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Consensys is a leading blockchain software technology company with a core focus on the Ethereum ecosystem. They develop a comprehensive […]
$ETH: Joe Lubin Explains Why ConsenSys Is Taking the Fight to the U.S. SEC
In a blog post published on April 25, Joseph Lubin, co-founder of Ethereum, as well as Founder and CEO of ConsenSys, outlined his company’s motivations for initiating legal action against the U.S. Securities and Exchange Commission (SEC). ConsenSys is a leading blockchain software technology company with a core focus on […]
Consensys Exec: ‘It Can Be Said With Confidence That the SEC Is Investigating Ethereum’
The Ethereum ecosystem is facing a critical moment as the US Securities and Exchange Commission (SEC) investigates whether Ether (ETH) should be classified as a security. This investigation has sparked concerns among industry players, particularly Consensys, a key player in the Ethereum ecosystem. Bill Hughes, Senior Counsel and Director of […]