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Category: Ethereum

Ethereum, Not Bitcoin, Will Drive Global Crypto Adoption

Posted on May 31, 2023 by admin

Considering the kind of projects that the Ethereum blockchain hosts, and the kind of services it offers, Roger Ver believes that Ethereum will be able to drive major user adoption. Roger Ver,…

Ethereum Open Interest On Deribit At A 3-Year High

Posted on May 30, 2023 by admin

Ethereum open interest for perpetual futures contracts on Deribit, a crypto derivatives exchange, is at a three-year high, Glassnode data on May 30 reveals.  Perpetual futures are a kind of derivative that tracks the…

Bitcoin (BTC) Price Gains Momentum Ahead of US Debt Ceiling Increase

Posted on May 29, 2023 by admin

BTC, ETH, and many other leading altcoins are all showing positive signs in the past few hours. Following a recent stint of decline in value, Bitcoin (BTC) price may finally be showing…

Long Dormant $14.7 Million Ethereum ICO Wallet Surfaces After Eight-Year Slumber

Posted on May 29, 2023 by admin

In an unexpected turn of events, a once-dormant wallet from the Ethereum initial coin offering (ICO) in 2015 has sprung to life, causing ripples in the crypto community. The wallet, which had…

Ethereum Whales On The Rise, Acquires Over $9 Billion ETH In 2023

Posted on May 28, 2023 by admin

The Ethereum ecosystem has been witnessing a fascinating trend in recent times, as the number of Ethereum whales continues to rise. These astute investors, known for holding a significant portion of the…

This Metric Signaled Ethereum Dip Under $1,800 In Advance

Posted on May 25, 2023 by admin

Here’s the on-chain indicator that may have foreshadowed the recent dip in the price of Ethereum below the $1,800 level. Ethereum Has Plunged After Multi-Collateral Dai Repaid Metric Spikes According to data…

Ethereum Traders Scrambling For The Exits After Price Crash

Posted on May 24, 2023 by admin

Ethereum prices unexpectedly crashed on May 24, sending the coin below last week’s lows towards the $1,800 psychological level.  Following this dump, on-chain data from Coinanalyze reveals that there has been a…

Ethereum Has Dual Regulatory Potential as Commodity and Security

Posted on May 24, 2023 by admin

Dan Berkowitz, a former commissioner of the CFTC and former general counsel at the SEC, hinted that it is possible to categorize Ethereum as both a commodity and a security. As cryptocurrencies…

Ethereum Founder Vitalik Buterin Cautions Against Overloading Consensus

Posted on May 22, 2023 by admin

In a recent blog post, Vitalik Buterin warned against overloading the network’s consensus. While Ethereum’s consensus is highly secure, Buterin said overloading it would expose the ecosystem to high systemic risks. Buterin’s post…

Ethereum’s Programming Language Updated, Here’s Why Gas Fees May Drop

Posted on May 22, 2023 by admin

The Solidity programming language used to write smart contracts powering various decentralized applications (DApps) on Ethereum was recently upgraded to version 0.8.20. Solidity Updated To Version 0.8.20 Analysts observe that several code enhancements…

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