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Bitcoin (BTC) has long held a dominant position in the cryptocurrency market for years. However, recent trends show a shift in the landscape as Bitcoin’s market dominance faces increasing pressure from Ethereum (ETH) and other Layer 1 networks. While Bitcoin’s dominance in terms of market capitalization has been steadily increasing since 2022, when measured by … Read more
Ethereum’s market behavior has been observed by both investors and analysts as the second-largest cryptocurrency navigates a period of market uncertainty. Recent data concerning Ethereum’s cost basis distribution provides valuable insight into what could be potential support and resistance levels, helping to shape the price movement in the short term. By analyzing in detail the … Read more
In the atmosphere of cryptocurrency, few occurrences are as revealing as large-scale token outflows, especially when they involve a hefty sum of Ether (ETH) getting taken out of circulation. In the last several days, more than 400,000 ETH have been withdrawn from the Kraken exchange. This is stoking a lot of new conjectures among analysts, … Read more
The cryptocurrency market has seen some stirring developments with Ethereum of late. Over the last couple of weeks, there have been transfers of over 610,000 ETH tokens to various trading platforms. That influx of tokens has caused some to wonder if we’re on the verge of a significant price movement for Ethereum—and what kind of … Read more
The Ethereum Foundation has announced that Devconnect, an Ethereum-focused gathering of developers and the crypto community, will be held in Buenos Aires later this year. Due to the natural alignment of Argentina with Ethereum, the foundation has decided to especially support the local community in order to “bring Argentina on-chain.” This year’s Devconnect will feature … Read more
On March 5, Bitcoin ETFs experienced net outflows of $38 million, with Valkyrie’s BRRR leading the withdrawals. Ether ETFs faced even larger outflows, totaling $63 million, primarily due to significant withdrawals from Grayscale’s ETHE. Midweek Outflows: Crypto ETFs Experience Significant Withdrawals In a week marked by significant market fluctuations, bitcoin and ether exchange-traded funds (ETFs) … Read more
The Ethereum Pectra upgrade introduces stablecoin gas payments and sets the stage for future innovations like Verkle trees. Go to Source
Twenty-five thousand enthusiastic fans from all over the world converged on the Mile High City last week, but murmurings of a leadership vacuum at the Ethereum Foundation persisted. Breaking Down ETH Denver: The Good, The Bad, and The Weird Even before flying into Denver, Colorado last Wednesday, I fully expected the fractured morale in the … Read more
This week, the cryptocurrency market took a drastic downturn, with substantial declines in the prices of Bitcoin (BTC) and Ethereum (ETH), along with some major happenings that affected the wider ecosystem. The total market cap tumbled down 13.2%, landing at $2.917 trillion. The market leader, Bitcoin, didn’t fare too well either, as its value dropped … Read more
Ethereum rolling back transactions post-Bybit hack is technically infeasible. It has grown into a vast and complex network, and the repercussions of a rollback would be enormous. Go to Source
