Ethereum – Coin Network News

Ethereum Foundation Receives Confidential State Inquiry, Removes Warrant Canary Icon From Github Repo

juan — Wed, 20 Mar 2024 19:23:30 +0000

The Ethereum Foundation has reportedly received a “voluntary enquiry from a state authority,” according to a note added to the group’s Github page. State Actors Have Contacted the Ethereum Foundation; SEC Reportedly Investigating On Wednesday, March 20, 2024, the crypto community discussed a message posted to the Ethereum Foundation’s Github repository which also features a […]

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Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge

juan — Wed, 20 Mar 2024 17:49:30 +0000

Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks such as Optimism have also witnessed an uptick in activity. Arbitrum Transfers Spike Metrics indicate that […]

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Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income

juan — Tue, 19 Mar 2024 16:44:36 +0000

On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of the fund’s assets through one or more trusted staking providers.” Fidelity Updates […]

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Grayscale Investments Submits Revised Application for Spot Ethereum ETF

juan — Tue, 19 Mar 2024 08:54:32 +0000

Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments, a digital asset management firm, recently submitted an amended Form 19b-4 filing […]

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Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion

juan — Mon, 18 Mar 2024 20:21:30 +0000

This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over the past day, outperforming Ethereum’s dex platforms, which have recorded $2.03 billion in […]

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Ethereum Technical Analysis: Oscillators and Averages Signal a Tense Equilibrium

juan — Mon, 18 Mar 2024 14:04:35 +0000

Ethereum’s journey through financial markets on March 18, 2024, showcases a complex landscape marked by its recent price movements and technical indicators. Amidst a volatile environment, ether is priced at $3,578 per unit, reflecting the intricate dance between buyers and sellers. Ethereum The 24-hour trading range for ethereum (ETH) oscillated between $3,534 and $3,672, presenting […]

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Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases

juan — Fri, 15 Mar 2024 20:15:32 +0000

Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction fees to decrease by 99% in some cases, with Arbitrum, Base, Optimism, and Starknet becoming cheaper across the board. Ethereum Dencun Upgrade Reduced Rollup Fees […]

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Ethereum Technical Analysis: ETH Secures Position Above $4,000 Following Key Resistance

juan — Mon, 11 Mar 2024 12:44:35 +0000

On March 11, ethereum’s price action painted a bullish picture, closing at $4,053 after touching a low of $3,800. With oscillators signaling mixed sentiments and moving averages strongly favoring buyers, the digital currency showcased a strong performance amidst a trading volume of $27.57 billion. Ethereum Ethereum’s (ETH) journey on March 11 marked a significant upturn, […]

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Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

juan — Sat, 09 Mar 2024 16:51:52 +0000

Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as Ethereum […]

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Donald Trump’s Crypto Portfolio Soars to $7.5 Million, Fueled by TRUMP Coin’s Ascension and Ethereum Gains

juan — Wed, 06 Mar 2024 15:12:30 +0000

After the former 45th President of the United States, Donald Trump, saw his cryptocurrency holdings exceed $5 million, just ten days later, the value of Trump’s digital asset collection has escalated to $7.5 million. This increase is largely due to $4.66 million emanating from the cryptocurrency he holds called TRUMP, which has experienced a significant […]

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