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Ethereum (ETH)

Tether Expands AI Focus: Welcomes Top Talent to Fuel Innovation

CoinspeakerTether Expands AI Focus: Welcomes Top Talent to Fuel Innovation Tether, the leading cryptocurrency firm, is making waves with its strategic foray into the realm of Artificial Intelligence (AI). With a focus on innovation and transparency, Tether aims to reshape the landscape of AI technology, setting new standards for accessibility and efficiency. Tether Expands AI Focus: Welcomes Top Talent to Fuel Innovation

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Ethereum Price Analysis: ETH Could Rally Back To $4,000

Ethereum price is eyeing an upside break above the $3,700 resistance against the US Dollar. ETH price is now trading above $3,500 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $3,400 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $3,400 support zone. Ethereum price is consolidating above the $3,440 level against the US Dollar. ETH/USD could rise...

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Coinbase’s Base Hits Record $2B in TVL as Demand Surges After Dencun Upgrade Activation

Base, Coinbase’s layer-2 blockchain initiative for reducing Ethereum transaction fees, seems to be witnessing massive demands of increased network activity. As a result, its TVL also rose sharply, hitting a new milestone, surpassing $2 billion this week. One of the major reasons for the surge in activity of Base was the activation of the Dencun upgrade. Base’s TVL Growth According to data from L2Beat, Base’s current TVL stands at $2.27 billion, increasing by over 230% YTD....

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Ava Labs CEO Warns of Substandard L2 Projects, Says Next Cycle Will Be Worse

Emin Gün Sirer, the founder and CEO of Ava Labs, has sounded an alarm on the rise of substandard layer 2 (L2) solutions in the crypto space. Drawing parallels with the fallout from the FTX collapse, he cautioned investors about the dangers associated with investing in these “trash” projects. Ava Labs Founder Highlights L2 Red Flags On March 23, Sirer took to X to voice his concerns about the crypto community’s habit of ignoring warning signs, especially regarding people seen...

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Xuirin Finance (XUIRIN) Dives Into the Crypto Arena, Challenges Polygon (MATIC)

[PRESS RELEASE – Bankstown, Australia, March 25th, 2024] Xuirin Finance is an exciting new project in the world of cryptocurrency that’s all about bringing fresh ideas, being flexible, and having a clear plan for the future. The Xuirin Finance team views the Xuirin Finance (XUIRIN) as a significant milestone in decentralized finance. The project came to inception after MATIC (now Polygon) entered the crypto scene to make Ethereum more scalable. Since then, a lot of...

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Investor Hesitation Blamed as Crypto Investments See $942M Weekly Outflow: CoinShares

Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can be attributed to investor hesitation. Hesitant Investors Cause US ETF Inflows Dip The latest edition of Digital Asset Fund Flows Weekly Report revealed that the trading volumes in Exchange-Traded Products (ETPs) remained high and reached $28 billion for the week....

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Bitcoin (BTC) Bulls Eyeing $70,000 Again, Ethereum and Other Altcoins Set to Follow Suit, Predicts Analyst

CoinspeakerBitcoin (BTC) Bulls Eyeing $70,000 Again, Ethereum and Other Altcoins Set to Follow Suit, Predicts Analyst According to Michaël van de Poppe, most of altcoins have reached the bottom level and are now stabilizing. Bitcoin (BTC) Bulls Eyeing $70,000 Again, Ethereum and Other Altcoins Set to Follow Suit, Predicts Analyst

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Cardano Defies Critics With Strong GitHub Activity Among Major Layer 1 Blockchains

Despite criticisms for the alleged abandonment, Cardano remains one of the top blockchain protocols in terms of GitHub activity. According to the data compiled by IntoTheBlock, Cardano has once again surpassed Ethereum and other major Layer-1 blockchains such as Avalanche, Litecoin, and Tron in GitHub commits, reflecting its leading position in developer engagement. Between March 11 and 17, Cardano registered 978,780 commits on GitHub, exceeding its closest competitor,...

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