Ethereum

[PRESS RELEASE – LOS ANGELES, United States, May 7th, 2024] Global brands and talent will be able to use Ethernity’s technology to store their IP on-chain and engage with their fans through next-generation content and experiences Ethernity, the renowned platform for authenticated and licensed NFTs with icons like Lionel Messi and Shaquille O’Neal, announces its groundbreaking evolution into a pioneering Layer 2 solution on the Ethereum blockchain. This evolution is poised to transform the web3 entertainment landscape, directly addressing the…

Ethereum’s price has encountered challenges in breaking below the critical $3K support region, with selling pressure being met by sufficient demand, resulting in sideways consolidation. However, a sudden breach of this pivotal juncture could trigger a cascading effect. Technical Analysis By Shayan The Daily Chart Upon examining the daily chart, Ethereum’s trajectory has turned bearish following a notable rejection near the $4K mark, fostering a bearish sentiment among market participants. Nonetheless, the decline found a temporary recess upon reaching a…

Ethereum’s transition to an energy-efficient proof-of-stake (PoS) consensus mechanism, dubbed Ethereum 2.0, is a significant key event. A change towards this goal will aim to improve scalability, security, and sustainability in addition to resource consumption reduction. While crypto traders simultaneously focus on the potential gains in Borroe Finance ($ROE), a Solana (SOL) rival. Ethereum’s Potential for a Significant Price Surge Ethereum, the second-largest cryptocurrency based on the crypto market cap, is reportedly close to experiencing an enormous price increase, as…

Exchange-traded funds (ETFs) have been in the rage since Bitcoin ETFs were approved last month, and now there are several Ethereum ETFs on the horizon. In the wake of ETF mania, many coins are surging. Ethereum itself, of course, is heading higher. As is Toncoin and newcomer Raboo – currently on presale for $0.0042. These three tokens are just some of the top cryptos to invest in right now for life-changing returns. Ethereum (ETH): Ethereum ETF to Dominate Markets Exploring…

Ethereum (ETH), the world’s second-largest cryptocurrency, continues to grapple with uncertainty after a steep price decline. Investors are on tenterhooks, with whales exiting their positions and the market sentiment teetering between fear and a glimmer of hope. Ethereum Price Struggles To Regain Footing Ethereum’s price has been on a rollercoaster ride in recent months. After reaching new highs in late 2021, the cryptocurrency plunged dramatically, leaving investors reeling. The recovery has been slow, with Ethereum currently hovering around $3,077 –…

Crypto investment has the potential to make people millionaires and, in some cases, billionaires, but finding the right crypto to invest in is the biggest challenge, as there are already lots of options available. There are lots of cryptocurrencies on the market, but it takes hard work and deep analysis to predict whether a crypto is worth investing in. Lately, XRP and Ethereum investors are supporting a new crypto called Pushd, which they think has the potential to turn into…

The post Hong Kong’s New Spot Bitcoin and Ethereum ETFs: 1st Week Analysis appeared first on Coinpedia Fintech News Last week, three Hong Kong issuers, China Asset Management, Bosera Asset Management, and Harvest Global Investments, launched their products in the Hong Kong market. The development reflects the city-state’s interest to participate in the global crypto ETF race. The crypto ETF market is presently dominated by the West, primarily the United States. As the East, especially China, steps into this race,…

Ethereum price extended its recovery wave above the $3,120 zone. ETH failed to surpass the $3,220 resistance and is currently trimming gains. Ethereum climbed further above the $3,150 and $3,200 levels before the bears appeared. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There was a break below a major bullish trend line with support at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $3,020 support to…

In recent weeks, Ethereum has displayed subtle signs of recovery amidst a generally bearish crypto market, with the altcoin mimicking Bitcoin’s modest uptrend. Despite Ethereum’s price increasing slightly by 0.2% over the last 24 hours, a parallel trend that might significantly affect Ethereum’s economic model has been unfolding beneath the surface. Decline In Network Activity Reduces ETH Burn April witnessed Ethereum’s ETH burn rate hitting an annual low, primarily due to a significant decrease in network transaction fees. These fees…