A naukri.com initiative
Ethereum News
Zycrypto
2M
183
Image Credit: Zycrypto
Ether Price At Risk Of A Deeper Correction To $1,550, Chart Veteran Warns
- The price of Ether (ETH) reached a high of $2,719, but experienced a strong rejection and dropped to $2,470.
- Traders are uncertain if ETH will regain $3,000 or decline further.
- Chart veteran Peter Brandt believes ETH could reach new lows around $1,550.
- Weak market response to ETH exchange-traded funds and redemptions in Grayscale's ETHE contribute to bearish sentiment.
Read Full Article
11 Likes
TechBullion
2M
238
Image Credit: TechBullion
Ethereum Price Bull Run ‘It’s Not Over, Just Starting’ Says Analyst, What this Means for this Emerging Altcoin
- Ethereum's potential breakout has caught the attention of crypto enthusiasts and investors alike, with positive indicators and a confirmed roadmap from co-founder Vitalik Buterin.
- Analyst CryptoYodha has identified repeating fractal patterns suggesting that Ethereum's price could surge to an ambitious range between $12,000 and $15,000.
- RCO Finance's (RCOF) presale stage is witnessing an impressive 337% price increase, rising from its initial offering to $0.0558, underscoring the token's growth potential.
- RCOF's presale performance suggests that this new token could see further gains as it nears public listing, especially as its innovative RCO Finance platform prepares to launch.
- RCO Finance (RCOF) is the native token of the much-anticipated decentralized trading platform, RCO Finance, which is expected to mirror the trajectory of Ethereum.
- RCO Finance is set to revolutionize the DeFi space by providing a fully automated, AI-driven platform accessible to all users, from novice to experienced investors.
- The platform features an AI-powered Robo Advisor that offers customized investment strategies based on each user's goals, market preferences, and risk tolerance, constantly adapting to real-time market conditions.
- Furthermore, RCO Finance's KYC-free environment prioritizes user privacy and convenience, allowing investors to engage with DeFi products without undergoing traditional identity verification processes.
- RCO Finance has implemented a deflationary model to burn any unsold presale tokens to reduce supply and increase scarcity. With 12% of tokens locked for liquidity, the platform is protected against pump-and-dump risks.
- For investors interested in alternative assets that provide tangible use cases and growth potential, RCO Finance (RCOF) may prove to be one of the most promising crypto investments in the current market.
Read Full Article
14 Likes
99Bitcoins
2M
335
What’s Going on With The Graph? Here’s The GRT News You Missed While Shitcoining
- The Graph (GRT) experienced an +84% increase in queries, reaching an all-time high of 2.9 billion successful queries.
- The network's subgraph count rose by 361% since the end of Q1 2024, indicating growing demand for secure and reliable blockchain data.
- Solana and other blockchains, such as Arbitrum and Polygon, played a significant role in the Graph Network's growth.
- The introduction of a free query plan offering 100,000 queries per month contributed to a 160% increase in revenue from query fees in Q2 2024.
Read Full Article
20 Likes
Hackernoon
2M
82
Image Credit: Hackernoon
Units: Zero to Blockchain in Minutes (No PhD Required)
- Sasha Ivanov has launched Units Network, a platform that makes it as easy to build a blockchain network as it is to launch a website.
- Units Network operates on Layer 0, the level below which Layer 1 (the foundation level) sits. It connects multiple Layer 1 blockchain systems, simplifying blockchain interoperability and creating a master framework for the industry.
- The Units Network adopts Proof of Stake (PoS), where users stake crypto to secure the network; it then recycles this security using Proof of Restake across multiple blockchains.
- The network allows for the creation of autonomous EVM-compatible chains, with decentralised control and seamless scalability.
- Units Network is expanding into real-world asset tokenisation, hybrid stablecoin development backed by crypto and tangible assets, and simplified integration systems for existing applications.
- Units Network's commitment to simplifying blockchain launches sets it apart, making the process simpler and accessible, attracting greater adoption and innovation of blockchain ventures.
- Maintaining the security and functionality that makes blockchain valuable is key to Units Network, making it a significant step towards democratising blockchain technology.
- Founder Sasha Ivanov is well-recognized for his openness to discussion and critical input and welcomes direct communication for updates and detailed information.
- Units Network aims to provide a common platform for blockchain interoperability to work seamlessly, contributing to broader adoption by resolving the issues around blockchain communication.
- Units Network is built on Waves blockchain and seeks to facilitate the creation of interconnected EVM-compatible chains to ensure scalability and decentralisation.
Read Full Article
4 Likes
Newsbtc
2M
422
Image Credit: Newsbtc
Analyst Exposes Ethereum Ascending Support At $2,400 – Best Chance To Accumulate ETH?
- Ethereum's price has pulled back to $2,500, presenting a potential accumulation opportunity for long-term holders according to analyst Carl Runefelt.
- Bitcoin's attempt to break its all-time highs will play a crucial role in determining Ethereum's future rally.
- Ethereum's consolidation phase and $2,450 ascending support level indicate a decisive move could occur soon.
- Breaking the $2,800 resistance level could fuel a significant upward move for Ethereum, aligning it with broader market trends.
Read Full Article
25 Likes
Cryptoslate
2M
73
Image Credit: Cryptoslate
UAE’s M2 crypto exchange hacked for $13.7M, assures full fund recovery
- UAE-based crypto exchange M2 was hacked resulting in a loss of $13.7 million in digital assets.
- The breach occurred on October 31st, and the stolen assets consisted of USDT, SHIB, and ETH.
- M2 has assured customers that all affected funds have been fully restored, and enhanced security controls have been implemented.
- This incident highlights the increasing trend of security breaches in the crypto industry.
Read Full Article
4 Likes
TheNewsCrypto
2M
298
Image Credit: TheNewsCrypto
Crypto Exchange M2 Secures User Funds After $13M Hot Wallet Breach
- The M2 Exchange hack has lost around $13 million.
- Hot wallets across Ethereum, Bitcoin, and Solana networks were targeted.
- The cryptocurrency exchange M2, regulated by the Financial Services Regulatory Authority, was hacked.
- M2 quickly secured the situation, restored customer funds, and implemented additional security measures.
Read Full Article
17 Likes
Dev
2M
59
Image Credit: Dev
Transitioning from Web2 to Web3: A Developer’s Guide to the Base Ecosystem
- Web2: The current internet phase that is centralized and controlled by big players like Google, Facebook, and Amazon.
- Web3: The next phase of the internet focused on decentralization and blockchain technology.
- The Base ecosystem: A developer-friendly Layer 2 scaling solution on Ethereum, offering EVM compatibility and scalability.
- Key concepts and resources: Smart contracts, wallets, token standards, and development tools for building on Base.
Read Full Article
3 Likes
Bitcoinist
2M
147
Image Credit: Bitcoinist
Ethereum Next Big Move Incoming? Expert Points To 75% Price Surge Ahead
- Market expert predicts a 75% price surge for Ethereum in the short term.
- Key technical indicators and patterns indicate Ethereum is gathering strength for an upcoming upswing.
- Bitcoin's performance may determine Ethereum's next move, with potential for ETH to reach $4,811.
- Another expert suggests a scenario where Ethereum could reach a new all-time high of $6,000.
Read Full Article
8 Likes
Zebpay
2M
179
Image Credit: Zebpay
Crypto Technical Analysis Report | 1st November 2024
- Bitcoin (BTC) experienced a market-wide pullback amid cautious optimism among traders ahead of the upcoming U.S. Presidential election and dropped below $70k after hitting $72k the previous day.
- Major altcoins like Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) traded in the red.
- CoinMarketCap’s Market Fear & Greed Index showed a reading of 59 (Greed) out of 100.
- Coinbase shares fell 15.3%, following underwhelming earnings and a weak revenue outlook for the quarter.
- BTC saw an 11% rise in October, closing at $72,335, though it didn’t reach the average 22% gain typically seen.
- Ether’s price struggles to surpass $2,700, while investors evaluate what it would take to reach $3,000.
- Bitcoin whales reduced their BTC holdings, indicating increased volatility ahead.
- Asia’s share of crypto developers surged to 32%, positioning it as the leading region for crypto developer talent.
- MicroStrategy aims to raise $21 billion in equity and an additional $21 billion in debt to support a multibillion-dollar Bitcoin buying spree.
- ZebPay blogs provides crypto wisdom and features to discover and explore.
Read Full Article
10 Likes
Cryptoslate
2M
436
Image Credit: Cryptoslate
Radiant Capital exploit accounts for half of October’s six-month low $116M crypto crime
- October marked a significant decline in crypto-related losses due to exploits, with total losses amounting to approximately $116 million—the lowest monthly losses in the last six months.
- Exploits accounted for the bulk of the losses, totaling $113.3 million, followed by flash loan attacks and exit scams contributing $1.5 million and $1.2 million, respectively.
- The Radiant Capital incident was the most significant, with a $50 million exploit compromising their Multichain money market and causing a 7% drop in their RDNT token value.
- While there is a downtrend in exploit-related losses, the crypto sector still faces threats of hacks and scams, highlighting the importance of investor vigilance.
Read Full Article
26 Likes
Crypto-News-Flash
2M
413
Image Credit: Crypto-News-Flash
Ethereum Poised for Major Rally as Bullish Patterns Confirmed
- Ethereum's bullish patterns and RSI breakout suggest potential upward momentum and significant growth prospects.
- Analyst Javon Marks predicts a target of $4,811.6 for Ethereum based on hidden bullish divergence patterns and RSI breakthrough.
- Despite recent corrections, Ethereum remains resilient and eyes continued growth with positive sentiment and institutional interest.
- Accumulation addresses for Ethereum have doubled, indicating increased confidence and investment from institutional investors.
Read Full Article
24 Likes
TheNewsCrypto
2M
50
Image Credit: TheNewsCrypto
Bears Dominate Global Crypto Market as Ethereum Hits Critical Levels
- Large ETH whale transfers hint at possible sell-offs and repositioning.
- RSI at 47.33 shows bearish sentiment, with potential for further declines.
- Global crypto market cap drops 5.96%, influenced by U.S. election predictions.
- Interest in Ethereum ETFs grows, indicating institutional investors favoring ETH over Bitcoin.
Read Full Article
3 Likes
Newsbtc
2M
59
Image Credit: Newsbtc
Ethereum Futures Show Signs of Optimism: Will Positive Funding Rates Drive a Breakout?
- Ethereum futures market is generating optimism among traders and analysts due to a rise in funding rates.
- Positive funding rates indicate bullish sentiment, but they have not reached the levels seen in early 2023.
- Higher funding rates are needed to overcome resistance levels and sustain an upward trajectory for Ethereum.
- Ethereum has seen a recovery in price but experienced a recent correction, with analysts still remaining bullish on the asset.
Read Full Article
3 Likes
Bitcoinist
2M
170
Image Credit: Bitcoinist
October Crypto Losses Drop, But Total Hacks Still Top $1.4 Billion This Year
- The cryptocurrency sector has seen persistent challenges with hacks and scams, with over $1.4 billion lost to 179 incidents this year.
- In October, losses amounted to $55.1 million, a 56.6% drop from September, but cumulative losses remain substantial.
- The BNB Chain was the most targeted network in October, followed by Ethereum and Arbitrum.
- While security measures have improved, high-value assets and DeFi ecosystems continue to attract malicious actors.
Read Full Article
10 Likes
For uninterrupted reading, download the app