Ethereum (ETH)

The Shanghai Upgrade is an update to Ethereum that will introduce the ability for users to withdraw ETH they have previously staked on the network as well as any staking rewards they have earned. As a fundamental change to the Ethereum network, Shanghai will be implemented as a hard fork. Validators are users (also known as nodes) of Ethereum who create blocks and verify that the blocks and transactions are correct on the network. To ensure they are acting honestly, they put up a stake of 32...

[PRESS RELEASE – Podgorica, Montenegro, June 9th, 2023] At EDCON 2023 in Montenegro, the Ethereum Reserve Dollar (“ERD”) team introduced their innovative decentralized lending platform and USDE stablecoin to the industry. ERD is a lending platform that allows users to borrow USDE, a USD-pegged stablecoin native to the platform, using liquid staking derivatives (LSDs) and blue-chip DeFi tokens as collateral. The protocol maintains a minimum collateralization ratio of 110%,...

Ethereum (ETH) appears trapped under $2000 after a stock rally has failed to push it past the price point, according to Mike McGlone, Senior Macro Strategist for Bloomberg Intelligence. Here’s what the analyst believes Ethereum needs to break the 12-month-long resistance level.  Ethereum’s Major Resistance In a tweet on Thursday, McGlone said that $2000 looks like a “resistance ceiling” given that ETH has failed to sustain itself above that, despite the NASDAQ 100 stock index...

After a resilient performance on Tuesday, the crypto market buckled under the strong bearish sentiments created by the SEC’s hawkish regulatory actions. Bitcoin fell below the $27K mark, while Ethereum is barely holding on to $1.8k. Once again, Cardano is taking the major brunt of the widespread FUD in the market. The 7th largest cryptocurrency fell almost 10% over the last week, with most of the loss coming in the last 2 days. Experts are now gravely concerned over the...

Ethereum’s price finds itself tightly confined within a narrow range, hemmed in by the upper boundary of the descending flag and the 100-day moving average. However, this narrow range is on the verge of being breached, indicating an imminent direction for its next move. Technical Analysis By Shayan The Daily Chart Zooming in on the daily chart, Ethereum has been struggling with the 100-day moving average for an extended period, failing to break below it. Presently, the price...

Judge Fitzgerald reject arguments from Kim Kardashian and Paul Pierce’s lawyers to dismiss the EMAX class-action lawsuit. A California judge has ruled that Reality TV star and businesswoman Kim Kardashian posted false information on social media while promoting EthereumMax (EMAX). The ruling allows the plaintiffs to proceed with the case against the media personality, retired boxer Floyd Mayweather Jr., and NBA Hall of Famer Paul Pierce. Kardashian’s attorneys had moved to dismiss the...

In the heat of SEC’s enforcement actions against Binance and Coinbase, a simple “Yes” by Jack Dorsey on Twitter elicited a flurry of comments. It all started when a Twitter user asked Dorsey if he thinks Ether is a security, to which he answered in the affirmative. Jack Dorsey’s Ether Rant A known Bitcoin supporter, Dorsey has pointed out dissatisfaction with Ether in the past as well. In the latest episode, the former Twitter CEO tweeted a screenshot of a 2015 post by...

There are ongoing efforts to classify Ethereum. As of now, a final decision is yet to be reached regarding whether it should be considered a security or not. Considering the arguments, predicting the final outcome is challenging. With the recent noise about cryptocurrency regulation and events such as crypto exchanges being sued for offering unregistered securities, there have been varying views from experts and high-profile individuals about the state of some specific cryptocurrencies....

Aurora – an Ethereum Virtual Machine (EVM) compatible scaling and bridge solution built on top of the NEAR Protocol blockchain network – announced a strategic partnership with blockchain-based employment cooperative for the Web3 ecosystem called Opolios. Aurora-Opolios Partnership According to the official press release shared with CryptoPotato, the latest integration will enable USDC payments on the Aurora network for independent workers to ramp up payment processes,...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Piers Ridyard is the CEO of Radix, one of the world’s oldest digital currency companies. The project is on the verge of turning ten, and he believes many new opportunities and challenges are coming not only for his enterprise, but for the crypto industry in general. Piers Ridyard Discusses His Crypto Journey...