In a recent prediction, crypto analyst Elja on X suggests that Ethereum (ETH) will surge to a staggering $15,000 by 2025 based on technical analysis. While this may be a bold claim, it is important to critically analyze the argument presented and consider the current market conditions. Elja argues that the current bearish sentiment in
Ethereum
In recent news, a sophisticated phishing attack targeted several web3 companies, resulting in the loss of funds from thousands of crypto wallets. This alarming incident serves as a reminder of the importance of staying vigilant and implementing strong security measures in the cryptocurrency industry. On January 23, users of Wallet Connect and other web3 companies
An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. The whale, operating through a network of eight wallets, initiated the withdrawal of these
The recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC) has generated excitement in the cryptocurrency space, with speculations about the entry of more ETFs into the market, including Spot Ethereum ETFs. However, JP Morgan analysts have issued a cautious outlook on the potential approval of Ethereum Spot ETFs.
Péter Szilágyi, an Ethereum (ETH) developer, has recently expressed his admiration for EIP-1559 and its innovative ETH burning mechanism. He referred to it as “the great equalizer” and highlighted the significant role it plays in leveling the playing field between validators and regular users. EIP-1559 has transformed the way users bid gas fees on the
In the midst of a lull in the Bitcoin realm, Ethereum has emerged as a trailblazer, confidently charting its own course. While the crypto king takes a breather following its ETF approval, Ethereum is experiencing a surge in both price and dominance. Recent data from Santiment vividly illustrates Ethereum’s ascendancy, with a remarkable surge of
In a crypto market marked by volatility, Ethereum (ETH) has been gaining momentum and outperforming its long-time rival Bitcoin (BTC). The ETH/BTC ratio, which measures market sentiment between the two cryptocurrencies, has been steadily rising and bouncing back from multi-year lows. This upward trajectory suggests that investors are increasingly bullish on Ethereum’s potential relative to
The Ethereum Name Service (ENS) has experienced a dramatic turnaround over the past year, defying the odds and emerging as a major player in the crypto space. Just months ago, ENS was grappling with fear, uncertainty, and doubt, languishing at a five-year low. However, fueled by a surge in market confidence and recent regulatory approvals,
The United States Securities and Exchange Commission (SEC) recently granted approval for Spot Bitcoin ETFs, but TD Cowen, a prominent American investment bank and financial service firm, anticipates potential delays in the approval process of Ethereum Spot ETFs. This article explores TD Cowen’s forecast and provides insight into the factors contributing to the possible postponement.
Cryptocurrency expert Anthony Sassano recently shared an optimistic outlook for the Ethereum ecosystem, suggesting that Ethereum (ETH) could reach a new all-time high (ATH) this year. Sassano even went so far as to predict a potential price level of $10,000 for ETH if the Ethereum Spot ETF hype were to gain significant momentum. This speculation
As the cryptocurrency industry continues to evolve, it is becoming increasingly important to address the scalability issues that have plagued major blockchain networks. One such project that aims to tackle these challenges is Polygon, a leading Ethereum layer-2 scaling solution. Co-founder Jordi Baylina believes that 2024 will be a pivotal year for Polygon, as it
Bitcoin (BTC) exchange-traded funds (ETFs) have garnered significant attention in the financial market, and the race for their approval in the United States is well underway. Hashdex, one of the 13 asset managers vying for the spot, is optimistic about the future. According to Hashdex’s U.S. and Europe head of product, Dramane Meite, a spot
Peter Szilagyi, the team lead of Ethereum, recently expressed his disappointment with his alma mater’s lack of interest in providing opportunities for students to collaborate with Ethereum (ETH). Despite his efforts to engage and inspire students through talks about Ethereum, Szilagyi witnessed a disheartening lack of genuine interest from the students. Instead of focusing on
The Ethereum ecosystem is constantly evolving, paving the way for innovative technologies and applications. In a recent interview on Episode 39 of Hashing It Out, Harsh Rajat, the founder and project lead of Push Protocol, delves into the future of on-chain chat apps and their significance in the crypto industry. Drawing inspiration from his experience
The United States Securities and Exchange Commission (SEC) has requested public input on a proposed rule change that could enable asset management firm Fidelity to offer shares of its spot Ether (ETH) exchange-traded fund (ETF). This move comes as Fidelity joins the growing number of firms seeking to launch a spot crypto ETF in the
Banco Santander, a major financial institution based in Spain, has recently taken steps to enter the world of cryptocurrencies. The bank’s Swiss private banking unit has introduced a new service that allows clients with Swiss accounts to trade Bitcoin (BTC) and Ether (ETH). However, access to these crypto investment services is not automatic. Clients must
The recent blog post by Ethereum founder Vitalik Buterin has caused a stir within the AI and blockchain community. Buterin’s post delves into the potential threats posed by artificial intelligence (AI) to humanity and has garnered both agreement and criticism from various individuals. This article aims to explore the different perspectives on this important topic
Ether (ETH) has been facing challenges in maintaining the $2,000 support level, as it continues to struggle in surpassing the $2,100 mark. The recent downturn in Ether’s performance is in line with the overall decline in market sentiment in the broader cryptocurrency market. However, it is important to analyze whether recent events, such as the
Blast network, a Web3 protocol, has made waves in the crypto industry by accumulating over $400 million in total value locked (TVL) within just four days of its launch. However, amidst the excitement surrounding Blast’s rapid success, Polygon Labs developer relations engineer, Jarrod Watts, voiced significant security concerns regarding the network’s centralization. Watts argued that
Ether (ETH) price has managed to maintain support above the $2,000 level on November 23rd, following a brief retest of $1,930 on November 21st. Over the past week, the price of Ether has increased by 2.5%, while the total market capitalization has grown by 0.5%. This upward trend can be attributed to several factors, including
Bitcoin transaction fees have experienced a significant surge recently, surpassing the average transaction fees of Ethereum. As of November 20, Bitcoin’s average daily transaction fee stood at $10.34, whereas Ethereum’s fees averaged at $8.43, according to BitInfoChart data. This development marks a turning point in the transaction fee landscape, highlighting the growing market interest in
In a shocking turn of events, a hacker managed to gain unauthorized access to quantitative trading firm Kronos Research’s API keys, resulting in a loss of $25 million. The incident came to light on November 19 when Kronos Research announced the security breach and promptly suspended its trading services. The hacker, whose identity remains unknown,
The asset management giant Fidelity, which oversees $4.5 trillion in assets, has joined the race to launch an Ethereum (ETH) exchange-traded fund (ETF). The firm recently filed an application with the United States Securities and Exchange Commission (SEC) to list and trade shares of the Fidelity Ethereum Fund on the Cboe BZX Exchange. This move
Solana (SOL) has experienced a surge in value, reaching new yearly highs with a gain of over 17%. This significant increase comes just one day after Cathie Wood, the CEO of ARK Invest, commended the Solana network for its efficiency and cost-effectiveness. In a recent interview with CNBC, Wood described Solana as a major infrastructure
Blockchain security platform Immunefi has recently released a report on the causes of crypto losses in 2022. The report highlights the significant role of Web2 security issues, such as leaked private keys, in contributing to the loss of nearly half of all crypto from Web3 exploits. This article critically analyzes the findings of the report,
The launch of the ERC-4437 standard at WalletCon in Denver on March 1 was met with much anticipation and excitement. The concept of “smart accounts” promised to revolutionize the user experience on Ethereum Virtual Machine-compatible blockchains by eliminating the need for seed phrases and signing in certain transactions. However, the reality is far from the
The United States Securities and Exchange Commission (SEC) is expected to approve all 12 pending spot Bitcoin exchange-traded fund (ETF) applications by November 17th. This comes after reports that the SEC has a designated period from November 9th to review and potentially approve these applications. However, even if the approvals are granted within this timeframe,