Ethereum’s Shapella hard fork was a controversial upgrade that ignited fears of selling pressure. But the latest data tells a different story. In January 2024, Intotheblock’s data revealed the highest Ethereum staking rate, reaching approximately 30 million ETH staked, accompanied by a staking participation rate of over 24%. This milestone suggested a preference for staking over promptly selling off tokens. Ethereum locked-in staking keeps surging, while only 11% of the token...
Read More »Algorand Foundation CEO’s X Account Hacked
On January 26, the Twitter account of Staci Warden, the CEO of the Algorand Foundation, was hacked. The breach was announced via an official post by the Algorand Foundation, cautioning the community against interacting with any links or responding to private messages from the compromised account to prevent potential asset theft. Hacker Urges Community to Dump ALGO for ETH The hacker, who took control of Warden’s account, posted a derogatory message aimed at the Algorand...
Read More »„Dencun“ Upgrade soll Ethereum-Gebühren um 90 % senken
Ethereum Average Gas Price: Transaktionen im Ethereum-Netzwerk kosten 20 - 30 US-Dollar. Dencun, das bevorstehende Netzwerk-Upgrade der Ethereum-Blockchain, soll die Gasgebühren (Gebühren für Transaktionen) für Ethereum-Skalierungslösungen um fast 90 Prozent senken. Das wird durch die Einführung von Datenblöcken (data blobs) erreicht, einem neuartigen Datencontainer, der effizient grosse Datenmengen zu geringeren Verifikationskosten transportiert....
Read More »So funktioniert Metamask
MetaMask ist eine Krypto-Wallet und Browser-Erweiterung, die alle Arten von Ethereum-basierten Token unterstützt. Metamask ist eine populäre Kryptowährungs-Wallet und ein Gateway zur Nutzung verschiedener Blockchain-Anwendungen. Dieser Artikel bietet einen umfassenden Überblick über die Funktionsweise von Metamask, einschließlich seiner Installation, Verwendung und Sicherheitsaspekte. Einführung in Metamask Metamask ist eine Software-Wallet, die...
Read More »Here’s the New SEC Deadline for BlackRock’s Spot Ethereum ETF
The Securities and Exchange Commission (SEC) has postponed its ruling on BlackRock’s request to introduce a spot Ethereum ETF until March. As the largest fund manager globally, BlackRock submitted its application for a spot Ethereum exchange-traded fund (ETF) in November. SEC Delays Decision on BlackRock Spot Ethereum ETF According to a filing on the SEC website, the decision on BlackRock’s application for a spot Ethereum ETF, initially scheduled for January 25, has been...
Read More »ETF Anticipation Ends in ‘Sell-the-News’ Slump for BTC, ETH Sees a Notable Boost: Glassnode
Bitcoin’s value dipped below $39,000 this week, erasing almost all gains made in the last two months, which were fueled by expectations of approval for a spot BTC ETF in the United States. But the introduction of the much-anticipated funds ended up being a classic “sell-the-news” event. The term is a well-established concept in capital markets, illustrating how asset prices, leverage, and market sentiment work in tandem to drive prices upward, leading up to a positive event,...
Read More »Interesting Metric Sparks Hopes for Reversal as ETH Clashes With $2.2K Support (Ethereum Price Analysis)
After facing rejection from the formidable resistance zone at $2.6K, Ethereum underwent a substantial downturn, breaking through multiple critical support levels. However, it has now landed at a substantial and decisive range, suggesting the possibility of a bullish reversal. By Shayan Ethereum Price Analysis: The Daily Chart A detailed analysis of Ethereum’s daily chart reveals a notable rejection after attempting to surpass the $2.6K resistance, resulting in a 20% decline....
Read More »Lif3 Accelerates DeFi Adoption and Innovation with BitFinex Listing
[PRESS RELEASE – Roadtown, British Virgin Islands, January 25th, 2024] Followed by LIF3’s Token Migration to Ethereum Network for Enhanced Market Accessibility Today, $LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi Layer-1 Curated Blockchain ecosystem, announces its recent listing on Bitfinex (https://trading.bitfinex.com/t/LIF3:USD), a premier digital asset trading platform, after recently migrating to the Ethereum Network from Fantom. This...
Read More »Litecoin (LTC) Price Analysis: Bears Aim For More Losses Below $60
Litecoin started a fresh decline from the $72.00 resistance zone against the US Dollar. LTC price is now trading below $68.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $69.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $63.20 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...
Read More »Crypto Mom Says SEC Won’t Need a Lawsuit to Approve Spot Ethereum ETFs
Hester Pierce, popularly known as “Crypto Mom,” who serves as a commissioner with the United States Securities and Exchange Commission (SEC), believes the agency would not need a lawsuit or a court ruling to approve pending spot Ethereum exchange-traded funds (ETFs) application. During an interview with community-owned crypto media outlet Coinage, Commissioner Pierce insisted the SEC should not need a court to direct its approach as it would treat spot Ethereum ETFs the way...
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