Ethereum (ETH)

TL;DR Shifts in Blockchain TVL: The year 2023 saw changes in the total value locked (TVL) rankings among various blockchain platforms, with significant fluctuations and new entries making an impact. Highlights in Blockchain Performance: Certain networks gained popularity and development recognition, outperforming rivals in aspects like Google searches, NFT sales, and on-chain trading volume. Cryptocurrency Value Fluctuations: There were notable increases in the prices of some...

Fox Business reporter Eleanor Terrett believes the sentiment surrounding a spot Bitcoin (BTC) ETF approval in early January is low. It’s worth noting, however, that despite Terrett’s perspective, a considerable number of analysts expect the approval of such products during the same period. SEC is Reviewing Changes to S-1 Filings In a post on X, Terrett highlighted that the Securities and Exchange Commission (SEC) is currently in the process of reviewing changes to the S-1...

Vitalik Buterin, the co-founder of Ethereum, has released a roadmap detailing the network’s upgrades and activities for 2024. In a series of tweets, Buterin stated that the 2024 roadmap contained few changes from the 2023 plan and that the network is set to focus on the Merge, the Surge, the Scourge, the Verge, the Purge, and the Splurge. Ethereum’s Roadmap For 2024 Since the Merge took place in September 2022, the Ethereum network will now prioritize implementing the role of...

TL;DR SEI Token’s New High: SEI, the native token of Sei Network, reached a record price, boosting its market ranking. SEIYAN’s Contribution: The introduction and rapid value increase of SEIYAN, a related memecoin, may have influenced SEI’s performance. SEI Reaches a New Peak SEI – the native token of the Ethereum Virtual Machine (EVM) blockchain Sei Network – climbed today (January 2) to an all-time high price of almost $0.80 (per CoinGecko’s data). Its market...

Bill Lou, the CEO and co-founder of Nest Wallet, has shared on X that he had fallen victim to a crypto phishing attack, resulting in the loss of 52 stETH, equivalent to $125,000. The security-focused crypto wallet app co-founder asked for help with the attack from ZackXBT, a crypto sleuth, and others who could help. Fake LFG Token Airdrop Scam The LFG token airdrop, which stands for “less fees and gas,” recently came to light as a reward initiative for Ethereum users who have...

Ethereum’s price has encountered a significant obstacle at the critical $2.4K resistance, leading to an extended consolidation phase within this pivotal range. This situation and the bullish sentiment in the futures market have heightened expectations for a potential bullish breakout. By Shayan Ethereum Price Analysis: The Daily Chart A detailed examination of Ethereum’s daily chart reveals an ascending consolidation period, with the price approaching a substantial...

Ethereum price is eyeing an upside break above the $2,400 resistance against the US Dollar. ETH price is now trading above $2,300 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $2,280 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,340 support zone. Ethereum price is consolidating above the $2,350 level against the US Dollar. ETH/USD could rise...

An illuminating conversation unfolded on X this week about XRP Ledger’s smart contract features. A Ripple expert corrected some misconceptions that Ripple is not as feature-rich as its competitors. Are Ripple Use Cases Limited? If you ask Google Bard or any AI chatbot why XRP price hasn’t shown the kind of gains Bitcoin (BTC) and Solana (SOL) have this year, it might tell you it’s because Ripple doesn’t have as many use cases: “While XRP is initially designed for fast and...

As the crypto industry expands, the community stays on the lookout for significant events that can affect the growth trajectory of the ecosystem. From the look of things, 2024 happens to be full of them. One such event is the creation and implementation of clear crypto regulations in major regions like the European Union. The crypto community is also watching out for the approvals of several Ethereum exchange-traded products and the jail sentencing of the FTX founder and...

TL;DR Solana’s SOL token has shown impressive performance this year, with significant growth in price and market capitalization, making it one of the top digital currencies in the market. Future growth potential for SOL hinges on factors like technology adoption, overcoming past network issues, regulatory developments, and potential strategic partnerships, which could enhance its market value and utility. Despite its progress, SOL’s market cap is still behind major players...