Ethereum (ETH)

TL;DR Significant Price Rise of SOL: Solana’s cryptocurrency, SOL, has seen a remarkable increase, soaring from about $10 at the beginning of 2023 to around $78, a 650% surge. Analysts believe there’s still room for further growth. Predictions of Continued Uptrend: Notable crypto analysts on Twitter, like Ali and Deftsuo, predict SOL could rally towards $90 and even surpass $100, based on current market trends and technical analysis. More Ambitious Predictions: Some experts...

Bitcoin is signaling the start of a new bullish trend, rebounding to $42.6k following a recent sell-off primarily driven by short-term holders (STHs), who constitute the more speculative segment of the Bitcoin investor base. Ether also experienced an upswing, crossing the $2,270 mark alongside the world’s largest crypto. On the backdrop, substantial capital inflows into Bitcoin and Ether have been observed, which could further influence the price trajectories of these top...

The latest report from Coinbase indicates that despite the emergence of competing networks like Solana, Ethereum remains the leading smart contract platform in the rapidly evolving world of cryptocurrency. Ethereum presently accounts for around 57% of the total value locked in the cryptocurrency ecosystem, with its market capitalization being second only to that of Bitcoin. Ethereum’s Resilient Position Coinbase’s 2024 Crypto Market Outlook reveals that Ethereum is still...

With a history of backing successful ventures like Cosmos, Solana, and Polkadot, Cyber.Fund aims to foster the development of what it terms the “cybernetic economy”, where blockchain forms the foundation. Cyber.Fund, an investment firm renowned for its early support of Ethereum, has recently unveiled an impressive commitment of $100 million towards blockchain projects that merge artificial intelligence (AI) and the Internet of Things (IoT). With a history of backing successful ventures...

Analysts for the world’s largest bank expect Ethereum (ETH) to outperform Bitcoin (BTC) next year amid a critical network upgrade for the former, and a wildly disappointing ETF launch for the latter. In a report published Wednesday, JPMorgan argued that Ethereum’s upcoming “Protodanksharding” (EIP-4844) upgrade will help bolster network activity after a lull period during which Ether (ETH) has underperformed other cryptos. Ethereum’s Impending Comeback Expected for April,...

ESCC will introduce stablecoin-based gas fees and Ethereum compatibility on EOS. EOS Labs and EOS Network Foundation (ENF), the main stewards of the EOS Network have announced a strategic collaboration with EOS Stable Coin Chain (ESCC), an Ethereum-based stablecoin solutions provider. ESCC is a novel smart contract on the EOS Network using a customized implementation of the EOS EVM architecture. According to the partnership details reaching our desks, the three companies aim to integrate...

Cronos has announced a layer 2 network for the Ethereum blockchain in collaboration with Matter Labs, Crypto.com, Fulcrom, VVS, and Veno. Cronos Labs, the name behind the Cronos blockchain, and a partner to Crypto.com, has announced a new layer 2 platform built for the Ethereum network. Cronos Labs has now joined a growing list of services working on improving Ethereum’s scalability by building and launching off-chain networks. The platform is initially available as a public testnet. 📖...

The crypto market responded positively to the FASB announcement, with Bitcoin’s price rising over 4.12% to $42,979 following the guidance release. The Financial Accounting Standards Board (FASB), the US entity responsible for detailing how companies report assets on their balance sheets, has introduced new standards allowing corporations to measure Bitcoin (BTC) and other crypto assets at fair value. FASB’s Shift Towards Fair Value Measurement This marks a departure from the previous...

Bitwise has published 10 predictions for the crypto industry in 2024, including a fall in Ethereum transaction cost and the approval of Bitcoin ETFs. As we are coming closer to a new year, there are inevitably not only recaps of 2023 but predictions for 2024. The industry is in a very interesting place with top tokens showing signs of recovery and major milestones within view. In light of this, Bitwise has released 10 predictions they have for the crypto industry in 2024. Bitwise’s Crypto...

Syz Gruppe tokenisiert Kunstwerk und erschliesst neues Themengebiet für Anleger Die Syz-Gruppe hat eines der Kunstwerke aus ihrer Sammlung tokenisiert und verschenkt die Token an ihre Mitarbeitenden. Syz macht damit einen Praxisschritt in ein Themenfeld der Cryptos, das auch für die Anlagekunden von zunehmender Bedeutung sein wird, weil er neue Wege im Umgang mit Kunstwerten eröffnet. Unter Verwendung des Tokenisierungsprodukts Taurus-CAPITAL des...