Ethereum
In an eagerly anticipated development, Ethereum’s (ETH) upcoming ‘Dencun’ upgrade, scheduled for March 13, is poised to bring about significant advancements in the scalability, security, and usability of the Ethereum network. Renowned crypto analyst Miles Deutscher has highlighted this major hard fork upgrade, highlighting its potential to propel the entire ecosystem forward and sharing his…
Bitcoin supporter Fred Krueger has recently voiced concerns about Ethereum’s (ETH) fundamental trends and potential regulatory hurdles. Krueger’s remarks, shared in a post on X, underscored notable statistics regarding Ethereum’s network activity and transactional utility. Ethereum’s Declining Utility Raises Alarms Krueger’s critique highlighted Ethereum’s soaring price, especially its recently achieved two-year peak juxtaposed with declining…
A crypto analyst has provided insights into how the structure of the Ethereum ecosystem could bring Bitcoin and the broader crypto market down. His analysis focused on Ethereum’s liquid-staked tokens (LSTs), liquid-restaked tokens (LRTs) and stablecoins backed by these tokens and how they could lead to the next “bubble” burst. Magic Money That Could Lead…
An Ethereum whale has recently asserted a claim over the anticipated Starknet airdrop. This solo node operator, aiming to participate in the Starknet (STRK) reward program, has taken the monumental task of independently running a whopping 1000 validators. The validators managed by the lone whale were mistakenly identified as a Centralized Exchange (CEX), causing confusion…
On-chain data shows that one whale is rapidly accumulating Ethereum (ETH), selling large amounts of Wrapped Bitcoin (WBTC) via Aave, a popular non-custodial protocol. Whale Borrows WBTC From Aave, Buys ETH As of February 16, Lookonchain data showed that the whale borrowed 280 Wrapped Bitcoin (WBTC), equivalent to approximately $14.6 million, Aave, one of the leading…
Crypto analyst Jacob recently gave his thoughts on what to expect from the Ethereum, Solana, and Chainlink tokens. Based on his analysis, there could be significant price movements from these major altcoins soon enough. Ethereum Holding Above $2400 Could Be The Turning Point Noting how “significant” the $2400 price level was, Jacob stated during an…
The much-awaited and anticipated upcoming technological upgrade known as the Ethereum Dencun Upgrade has now been set for launch on the network’s mainnet in a month. Ethereum Dencun Upgrade Goes Live In A Month After Dencun was successfully deployed to the Holesky testnet on February 7, ETH developers decided on the date and shared the…
A new Ethereum token standard is taking the crypto market by storm, and that is the ERC-404 token standard. This token standard combines the power of ERC-721 and ERC-20 to provide a single avenue that allows project developers to maximize liquidity for their projects. With its popularity already spreading like wildfire through crypto circles, tokens…
Ethereum is currently trading at $2,290 and is on a marginal increase of $0.17 in the past week. Although lacking much action and trading around $2,300 for most of the week, on-chain data regarding outflows has revealed the current sentiment among traders. According to data from on-chain analytics company IntoTheBlock, $500 million worth of ETH…
Ethereum has been making a fresh attempt at recovery recently. Here’s what on-chain data suggests regarding if this run can be sustainable or not. Ethereum Network Growth And Utility Have Both Gone Up Recently According to data from the on-chain analytics firm Santiment, the ETH blockchain has displayed an encouraging trend in Daily Active Addresses…
