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Ethereum News
Medium
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36
Image Credit: Medium
The Future of Finance: How xBanking Could Help the Unbanked in the Metaverse
- The metaverse is growing into a serious economy, with the potential to become a trillion-dollar industry.
- xBanking is a modern financial system built to be inclusive and flexible, using blockchain and decentralized finance.
- xBanking can help the unbanked in the metaverse by providing digital identities, small transactions and loans, global payments, financial education, and access to digital jobs.
- Challenges for xBanking in the metaverse include security risks, user-friendly design, and working with regulations.
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Blockonomi
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271
Image Credit: Blockonomi
Ethereum (ETH) Price: Golden Cross Formation Could Push Ethereum Above $4,000
- Ethereum has experienced a 46.11% climb but remains the second-worst performer among top 10 cryptocurrencies.
- Key resistance level at $3,600 could determine if ETH reaches $4,000, with strong support at $3,000 and $2,359.
- Ethereum whale holdings (1000+ ETH) are near monthly highs of 5,561, indicating market confidence.
- Short positions have surged to $918 million as traders react to ETH dropping below $3,500.
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TheNewsCrypto
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111
Image Credit: TheNewsCrypto
NYSE Arca Filed For Bitwise Bitcoin and Ethereum Mix-Crypto ETP
- Bitwise has proposed a mix-crypto Bitcoin and Ethereum ETP, weighted by market capitalization.
- Bitwise believes the ETP will offer balanced exposure to the two largest cryptocurrencies for investors.
- NYSE Arca has filed a 19b-4 form to list the Bitwise ETP, pending approval.
- Bitwise aims to become a strong contender in the crypto industry with various product launches and acquisitions.
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TheNewsCrypto
4w
386
Image Credit: TheNewsCrypto
Flashbots Launches BuilderNet to Decentralize Ethereum’s Block Building
- BuilderNet, a decentralized block-building network for Ethereum, was officially launched on November 26.
- Operated by Flashbots, Beaverbuild, and Nethermind, this network aims to address centralization issues while bolstering censorship resistance and neutrality on Ethereum.
- Approximately 88% of Ethereum blocks in recent weeks were built by Beaverbuild and Titan Builder, raising concerns about centralization and censorship.
- BuilderNet introduces a multi-operator system using Trusted Execution Environments (TEEs) to collaboratively build blocks, redistributing the Maximal Extractable Value (MEV) back to users and promoting fairness and transparency.
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Tokenhell
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128
Price Analysis November 27th, 2024 – BTC, AVAX, ADA, ETH, SOL, and BNB
- Bitcoin has faced selling pressure near $100,000 and dipped to $92,765 as of now.
- MicroStrategy, the largest institutional BTC holder, purchased over 55,133 Bitcoin for about $5.3 billion.
- Analysts advise monitoring the price action at $100,000, as failure to cross that level may lead to a deeper correction.
- Altcoins like Ethereum, Solana, BNB, Cardano, and Avalanche also face important support levels to watch.
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TechJuice
4w
97
Image Credit: TechJuice
Weekly NFT Sales Reach $158M, Ethereum and Bitcoin Take the Lead
- Non-fungible token (NFT) sales reached approximately $158 million in the past week, slightly lower than the previous week's sales of $181 million.
- Ethereum led in terms of weekly NFT sales volume with $49 million, followed by Bitcoin with $43 million.
- Solana remained the third leading network in terms of sales volume, with $23.9 million.
- Solana experienced a 58% increase in NFT purchasers, reaching over 185,000 for the week.
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TronWeekly
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Image Credit: TronWeekly
Ethereum’s Silent Build-Up: A Catalyst for the Next Bull Run?
- Despite Ethereum’s muted price action, on-chain analysis suggests a potential breakout soon.
- Rising ETH ETF inflows and increased open interest indicate growing investor confidence in Ethereum.
- Ethereum’s lower exchange supply, record staking rates, and significant supply shock position it for potential price appreciation.
- On-chain metrics and chart patterns also suggest a bullish outlook for Ethereum, with the potential for a rally towards $4K.
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Newsbtc
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244
Image Credit: Newsbtc
Ethereum Momentum Builds: 10% Surge Sparks ATH Hopes
- Ethereum (ETH) has broken out of an eight-month downward trend and surged 5% in a single day, reaching $3,525.
- The coin has gained 38% in the last 30 days, showing significant upside potential.
- Ethereum's technical indicators, such as the RSI and moving averages, indicate a strong bullish trend.
- The network's dominance in decentralized finance (DeFi) and the increasing activity in its derivatives market contribute to its positive outlook.
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NullTX
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164
Image Credit: NullTX
Ethereum Trading Volume Surges Amid Record Futures Activity And ETF Inflows
- Ethereum's trading volume surged by 85% to reach $7.13 billion in November.
- Ethereum Futures Open Interest reached a record high of $21.35 billion.
- Ethereum ETFs saw net inflows of $91.2 million, indicating growing institutional interest.
- The combination of increased trading volume, record futures activity, and growing ETF interest suggests further growth for Ethereum.
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NullTX
4w
209
Image Credit: NullTX
Crypto Whale Moves $14.43M BONK To Coinbase Amid Market Dip
- A prominent crypto whale transferred 308.166 billion BONK tokens to Coinbase, worth approximately $14.43 million.
- Another address withdrew $2.05 million worth of $WIF and $558,000 worth of $BONK from Binance.
- The market downturn has led to speculation about the whales' strategies and potential buying opportunities.
- Observers are monitoring the whale's actions to gauge confidence in market recovery or a short-term exit.
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Cryptoslate
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169
Image Credit: Cryptoslate
Starknet debuts Ethereum layer-2 staking with Bitwise as early validator
- Starknet has launched its staking program for STRK tokens, becoming the first Ethereum layer-2 network to enable staking.
- Token holders can stake directly on the network with at least 20,000 STRK or delegate their holdings to validators.
- Starknet aims to encourage staking-enabled wallet usage for broader institutional and retail adoption.
- Crypto investment firm Bitwise joins as an early validator for Starknet's staking program.
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Coinpedia
4w
36
Image Credit: Coinpedia
Ethereum Bulls Struggling to Clear $3400—Here’s What’s Next for the ETH Price Ahead of a ‘Golden Cross’
- The recent rise has helped the Ethereum price to reclaim the range that it traded before the August drop.
- In the short term, the ETH price appears to be primed for a pullback, with a possibility of testing support levels at $3000.
- The bears are restricting the rally at $3400, but a potential 'Golden Cross' of the 50/200 day MA could trigger a bullish run.
- Resilience in the ETH price around $3500 could signal a bullish breakout.
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Hackernoon
4w
0
Image Credit: Hackernoon
Speakers at Devcon 7 Continue to Ignore Old ERC-20 Issues
- The Devcon 7 conference in Thailand concluded with positive developments and optimistic predictions about cryptocurrency adoption.
- However, the conference failed to address the issues surrounding ERC-20 vulnerabilities and mishandling of token transfers.
- Speakers avoided discussing the topic, including the session on smart contracts and ERC-20 audits.
- The industry's lack of focus on fixing fundamental issues may hinder the mainstream adoption of cryptocurrencies.
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Zycrypto
4w
409
Image Credit: Zycrypto
Crypto Whale Transfers $19 Million Ether To Kraken; Massive Price Dump Ahead?
- A crypto whale has transferred 5,597 ETH worth $19.4 million to Kraken, potentially indicating a sell-off.
- The transaction is linked to an EthDev account, raising concerns about low sentiments.
- Previous transfers from the Ethereum Foundation led to criticism and calls for transparency.
- While Ethereum's weekly performance remains bullish, it has lost steam compared to other altcoins in terms of institutional inflows.
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Coinpedia
4w
169
Image Credit: Coinpedia
Crypto Liquidation Nears $100M: Ethereum Price Dips Below Crucial Levels
- Ethereum (ETH) price dipped below $3,300 as Bitcoin (BTC) retraced below $93k.
- Over $95 million was liquidated from Ether's leveraged market, mostly involving long traders.
- Ethereum's on-chain activities have surged, surpassing Tron's USDT supply for the first time this year.
- Ether's price is aiming to print a new higher high after consolidating, with a bullish trend delayed if price consistently closes below $3,257.
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