A naukri.com initiative
Ethereum News
Bitcoinist
1M
356
Image Credit: Bitcoinist
Ethereum Foundation Reveals $788M Crypto Holdings And New Conflict-Of-Interest Rules
- The Ethereum Foundation (EF) disclosed holdings of approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million in non-crypto investments.
- Nearly 99.45% of EF's crypto holdings are in Ethereum (ETH).
- EF periodically sells portions of its ETH holdings to build up fiat reserves during bullish market conditions.
- EF introduces enhanced measures to address conflicts of interest among staff members.
Read Full Article
21 Likes
TronWeekly
1M
63
Image Credit: TronWeekly
Ethereum Co-Founder Sees Prediction Markets as the Future of Reliable News
- Ethereum co-founder, Vitalik Buterin, believes prediction markets like Polymarket are the future of reliable news.
- He praises Polymarket for its accuracy in predicting political and social outcomes, surpassing traditional news sources.
- Polymarket serves as both a betting platform and a real-time news source, offering transparency and cutting through media sensationalism.
- Buterin sees the emerging field of 'info finance' using blockchain and AI to incentivize accurate predictions and tackle trust issues in media, governance, and finance.
Read Full Article
3 Likes
Medium
1M
315
Image Credit: Medium
*GCGL Token by Ubitex*
- UbitEx has launched GCGL token, an equity token aimed at giving users equity-like benefits within the UbitEx ecosystem.
- GCGL represents a stake in the broader UbitEx network and is part of a strategic move called a Reverse Takeover (RTO).
- Understanding GCGL's tokenomics is essential to recognizing its potential value.
- Total supply of GCGL tokens is set at 300 million, representing 30% of Golden Rock Global plc’s stocks.
- Holding GCGL means owning a share of UbitEx’s value, thanks to its equity-like structure.
- The number of GCGL tokens you are eligible to buy depends on the amount of UB staked and the staking duration.
- Following November 18th, the GCGL staking program officially launches with a 1:10 staking ratio.
- GCGL is projected to rise to $1 per token, and the token is expected to be listed on other major exchanges soon.
- Remember to approach this opportunity with caution, as the crypto market is highly volatile, and investments are inherently risky.
- Now could be a great time to consider GCGL if it aligns with your financial goals.
Read Full Article
18 Likes
Newsbtc
1M
68
Ethereum To Outperform Bitcoin, Fund Managers Set $8,000 Target
- Prominent fund managers and industry leaders project a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000.
- Factors contributing to Ethereum's anticipated outperformance include enhanced utility in decentralized finance (DeFi) and adoption by Traditional Finance (TradFi).
- Experts believe that Ethereum's utility in DeFi and its potential for constructing sophisticated financial products under improved regulatory conditions will attract more institutional players.
- While acknowledging Ethereum's potential to outpace Bitcoin, some experts suggested that it might underperform other altcoins like Solana and Sui.
Read Full Article
4 Likes
Bitcoinsensus
1M
201
Image Credit: Bitcoinsensus
SEC Postpones Ethereum ETF Options Decision Amid Inflow Surge
- The SEC has postponed the decision to allow options on the Ethereum ETF for a second time.
- The Commission will hold hearings and request more information before making a final decision.
- Ethereum ETFs have seen significant inflows recently, with notable surges in value.
Read Full Article
12 Likes
Bitcoinsensus
1M
214
Image Credit: Bitcoinsensus
Ethereum Outpaces Bitcoin, Reaches $2,940 Following Trump Win
- Ethereum surges past $2,900, reaching $2,940 for the first time since February.
- Ethereum's surge is attributed to recent economic events, including the U.S. Presidential election and an interest rate cut.
- In the past week, Ethereum has outperformed Bitcoin, gaining 19% compared to Bitcoin's 10% growth.
- Ethereum's strong momentum may lead it to reach the $3,000 milestone soon.
Read Full Article
12 Likes
Medium
1M
118
Image Credit: Medium
Krypital Group October Review
- DeBridge launch new feature to enable moving assets and controlling account across different blockchains. DBR LFG Vault went live, giving eligible users to participate in liquidity bootstrapping event. ZeroLend integrates Coinbase wrapped Eth into its base market, and plans to introduce advanced looping strategies for enhancing yields.
- Injective has launched a Perpetual market to track BlackRock's BUIDL fund and has become a top blockchain for Tokenized RWAs.
- Pyth Network has launched Crypto Redemption Rate feeds, introducing live, smart contract-based valuations for Liquid staking tokens (LRTs) and yield-bearing stablecoins, addressing reliability issues in DeFi.
- With Raiinmaker V3, users can now verify tags of others to increase AI Reputation Score and further earn money. Coiin.AI's integration with Solana wallets allows users to connect and enhance their AI Reputation on the platform. Solv Protocol is partnering with Suzaku to allow Bitcoin holders to share economic security with Avalanche Layer 1s, promoting decentralization and resilience.
- Portal and Aark Digital team up to enable non-custodial, cross-chain Bitcoin liquidity to DeFi. Autonomys prepares for Phase-2 mainnet launch and continues making progress on products like Astral, AutoSDK, Auto Drive, and Autonomys Agents.
- Bitcoins mining difficulty hits an all-time high of 95.7 trillion, after the seven-day moving average hash rate hit a new record for the network. The crypto industry is anticipating Donald Trump's return to power in 2024 and how it will affect crypto-friendly regulation.
- Market indicators in October suggest a shift in sentiment for Ethereum, with increased optimism shown by derivatives traders and a strong Q4 performance predicted.
Read Full Article
7 Likes
Newsbtc
1M
452
Image Credit: Newsbtc
Ethereum Analyst Sees Altseason Potential As BTS Is Still Outpacing ETH – Time To Buy Altcoins?
- Ethereum has surged after breaking a critical resistance level, shifting market sentiment.
- Analyst Ali Martinez suggests altseason has not yet arrived, providing a strategic opportunity to invest in ETH and altcoins.
- Bitcoin's dominance is still overshadowing Ethereum, but as Bitcoin's momentum cools, capital may flow into altcoins.
- Ethereum's technical view shows a bullish breakout, with the need to sustain above critical levels for further gains.
Read Full Article
27 Likes
TronWeekly
1M
191
Image Credit: TronWeekly
Bitcoin and Ethereum Dominate Crypto Narrative as Prices Surge
- Bitcoin and Ethereum are currently dominating the cryptocurrency narrative.
- Social dominance and price performance are closely correlated for these top cryptocurrencies.
- Altcoins like Solana, XRP, and Dogecoin have taken a backseat in terms of investor attention.
- Bitcoin and Ethereum have surged in value, capturing the lion's share of attention and investment, while altcoins have not garnered the same level of interest.
Read Full Article
11 Likes
TheNewsCrypto
1M
137
Image Credit: TheNewsCrypto
Ethereum Shows Mixed Signals as MVRV Ratio Surpasses 10% Amid Whale Accumulation
- Ethereum experiences a 7% daily surge following Bitcoin’s new all-time high.
- MVRV ratio reaches 10.21%, historically indicating potential correction zone.
- Whale addresses show modest increase from 5,524 to 5,534 since October 30.
- Technical indicators and whale accumulation suggest potential for further price appreciation.
Read Full Article
8 Likes
Cryptoticker
1M
438
Image Credit: Cryptoticker
Ethereum Foundation reveals $788M in crypto, tightens staff conflict policy
- The Ethereum Foundation revealed it holds $788 million in cryptocurrency.
- They implemented a new conflict of interest policy for staff to prevent potential conflicts with outside jobs.
- The foundation believes in Ethereum's future and aims to support essential projects within the community.
- Ethereum's network activity has been on the rise, with increased active addresses and on-chain volume.
Read Full Article
26 Likes
TheNewsCrypto
1M
118
Image Credit: TheNewsCrypto
Ethereum and Solana Soared in Trump’s First Term—Now Experts Are Betting on These Altcoins!
- Seasoned analysts are turning their attention to a fresh wave of altcoins that might be on the brink of significant breakthroughs, capturing the interest of investors seeking the next big opportunity in the crypto sphere.
- XYZVerse (XYZ), a pioneering memecoin uniting sports fans across various disciplines, is among these emerging contenders.
- XYZ is creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture.
- POL (Polygon Ecosystem Token), NEAR Protocol, SUI (a new blockchain platform) and JUP (a decentralized exchange on the Solana blockchain) are other promising contenders.
- POL is central to the thriving Polygon network, while NEAR stands out with its focus on scalability and low fees.
- SUI aims to make blockchain apps easier and friendlier, and Jupiter pools liquidity from various sources to ensure seamless and efficient token swaps.
- These altcoins have the potential to become major players in the crypto market, with XYZ, in particular, aiming for exponential growth and a vibrant, community-driven ecosystem.
- Compared to other coins, POL’s role in a growing network like Polygon may make it stand out.
- As blockchain evolves, platforms that prioritize user experience are likely to shine, and Sui fits that trend.
- Jupiter stands out for its practicality and forward-thinking strategy, making it an attractive option for those interested in the future of DeFi on Solana.
Read Full Article
7 Likes
Cryptoslate
1M
105
Image Credit: Cryptoslate
Ethereum ecosystem treasuries top $22 billion, with resources poised to support network’s future growth
- The Ethereum Foundation (EF) released its 2024 annual report, detailing financial updates, treasury holdings, and policy initiatives.
- The EF's treasury holds approximately $970.2 million, consisting of $788.7 million in crypto, primarily ETH, and $181.5 million in non-crypto investments.
- Ethereum's ecosystem benefits from over $22 billion in combined treasury assets held by various foundations, organizations, and DAOs.
- The EF and ecosystem partners allocated nearly $500 million to ecosystem projects across 2022 and 2023.
Read Full Article
6 Likes
TheNewsCrypto
1M
73
Image Credit: TheNewsCrypto
Can Ethereum (ETH) Break the $3K Threshold?
- Ethereum (ETH) is trading in the $2.9K range, gaining over 3.55% in the past 24 hours.
- ETH could reach $3K if it clears the $2,950 resistance.
- The Ethereum Foundation has a treasury of around $970.2 million, with 99.45% of holdings in Ethereum.
- Technical analysis suggests a positive trend for ETH with strong demand and further upside movement expected.
Read Full Article
4 Likes
NullTX
1M
22
Image Credit: NullTX
Ethereum’s Derivatives Market Thrives As Layer-2s Lower Costs, Whales Unload Large Holdings
- The derivatives market for Ethereum has experienced significant growth due to the adoption of Layer-2 solutions, resulting in lower transaction fees.
- This reduction in costs has led to a surge in derivatives protocols and overall market gains since the beginning of the year.
- Two long-term Ethereum holders recently sold 33,701 ETH (valued at $89.72 million) as the ETH price rose by 13.75% within 24 hours.
- In addition, Ethereum spot ETFs received notable inflows of $52.29 million, further establishing Ethereum's presence in institutional investments.
Read Full Article
1 Like
For uninterrupted reading, download the app