Ethereum, the second-largest blockchain by market capitalization, could be on the cusp of a significant operational shift. In the latest Ethereum core developer consensus meeting, a key agenda item under discussion was a proposed increase in the maximum validator limit. If implemented, this adjustment would see the limit skyrocket from the current 32 ETH to…
The tentatively slated Ethereum upgrade Cancun / Deneb for autumn will be a game-changer for layer-2 rollup technologies such as Arbitrum and Optimism. The basis for this will be the Ethereum Improvement Proposal (EIP) 4844, which will be the main code change of the upgrade, as Christine Kim, vice president in Galaxy Digital’s research team…
Ethereum price is recovering above $1,700 against the US Dollar. ETH could continue to move up if it clears the $1,780 resistance zone. Ethereum was able to climb above the $1,700 and $1,720 resistance levels. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There was a break above a major bearish…
The brutal bear market in crypto over the past few months has taken a serious toll on ETH’s price and profitability. The price of Ethereum has been stuck in a sideways range recently, and many ETH holders have been unlucky for it. According to data from Glassnode, the percentage of Ethereum addresses in profit has…
Ethereum price is still struggling below $1,720 against the US Dollar. ETH could continue to move down if it stays below $1,700 and $1,720. Ethereum is slowly moving higher from the $1,620 support zone. The price is trading below $1,700 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
Ethereum has plunged below $1,700 during the past day. Here’s the on-chain indicator that may have signaled this dip in advance. Ethereum Age Consumed Metric Saw A Spike Before The Price Decline According to data from the on-chain analytics firm Santiment, institutional investors look to have been expecting the move to take place. The indicator…
Ethereum price is showing bearish signs below $1,700 against the US Dollar. ETH could continue to move down below the $1,600 level. Ethereum is down 5% and there was a move below the $1,720 support. The price is trading below $1,700 and the 100-hourly Simple Moving Average. The bears struggle near a key bearish trend…
Data shows XRP and Ethereum are picking up social volume as investors have seemingly started to lose interest in Bitcoin. Bitcoin Social Volume Shows Drop, Traders Shift Focus Towards XRP & Ethereum According to data from the on-chain analytics firm Santiment, BTC’s social volume has decreased since its surge in March. The “social volume” here…
The company behind the issue of USDT stablecoin, Tether Holdings, has announced that it will work with a third-party exchange to convert 750 million USDT from Tron to Ethereum ERC20 via a chain swap. With a current market valuation of $83.37 billion, USDT is by far the most valuable stablecoin in existence. Stablecoin use has soared…
Ethereum is finding itself in a very dangerous position, with its fate possibly in the hands of the US SEC: Is it a security, or is it a commodity? Is it decentralized enough? While the industry figures itself out, it is now or never for an ETHUSD rally, or there is heightened risk of a…