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Ethereum (ETH)

Vitalik Buterin Proposes Ways to Mitigate ETH Censorship

Long before the Ethereum network’s transition to Proof-of-Stake (PoS), censorship concerns have been a bone of contention. To mitigate these risks, Vitalik Buterin has proposed “partial block auctions.” In the latest blog post, the Ethereum co-founder suggested that builders should have a more limited amount of power to prevent ETH censorship post Merge. Instead of letting them have full rein to construct the entire block if they win an auction, builders would have a more...

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ETH Closes Third Red Week in a Row, is $1,000 Coming? (Ethereum Price Analysis)

Yesterday, Ethereum closed its third consecutive weekly red candle. A candlestick with a long upper wick indicates that increased selling pressure continues. In the last two weeks, the price has been trapped between two significant levels, and breaking out of this zone would likely determine the direction forward. Technical Analysis By Grizzly The Daily Chart The descending line on the daily chart highlights the creation of lower lows (in yellow). This structure is bearish....

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Kim Kardashian Settles With SEC, Pays $1.26M for Unlawfully Promoting EthereumMax

The US Securities and Exchange Commission brought charges against Kim Kardashian for promoting a crypto security – Ethereum Max. The popular US media personality, model, and businesswoman agreed to pay $1.26 million to settle the charges. CryptoPotato reported in January this year a lawsuit filed in California against Floyd Mayweather and Kim Kardashian, claiming that they misled investors by promoting a cryptocurrency security called EthereumMax (EMAX). The SEC announced on...

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Activity Stagnates Post-Merge Ethereum, Sidechain on Losing Side

Ethereum pulled off a stunning technical upgrade that saw the popular blockchain transition to the proof-of-stake consensus model for processing transactions after six years of work. However, post-merge activity on layer-2 has dropped. According to the latest stats by Dapp Radar, the already descending unique active wallets and transactions have further dropped by 35% from August to September. A similar trend was seen in terms of Ethereum’s TVL, which fell by 5.6% to $31.41...

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Zinsen auf Rekordhöhe – Grösste Kryptos geben weiter ab

Die vergangene Woche brachte eine leichte Markterholung mit sich, wenngleich die grössten Kryptoassets – auf die wir das Hauptaugenmerk legen – nach wie vor in der Kapitulationsphase befindlich sind: Bitcoin hat um fast zwei Prozent verloren, während der Gesamtwert von Ethereum nach total value locked (TVL) fast drei Prozent einbüsste. Zugleich brachte die Woche auch drei Gewinner hervor, darunter das neuntgrößte Kryptoasset Solana, das – genau wie Metis – um sechs Prozent zulegte. Curve –...

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How a Bot Gained and Lost Over $1 Million of ETH in One Night

On Tuesday night, an Ethereum MEV bot gained 800 ETH through the use of clever arbitrage, only to lose all of it and more to a hacker an hour later. Here’s how the situation played out on-chain: The event began with a third-party trader mistakenly losing nearly $2 million to spreads on Uniswap v2 trade. While he initially traded in 1.8 million cUSDC, he only received 518 USDC in return.  According to Flashbots Product Lead Robert Miller, this only created a “massive arbitrage...

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Spanish Telecom Giant Telefonica Embraces Bitcoin Payments

One of the largest telephone operators and mobile network providers in Spain – Telefonica – partnered with the crypto exchange Bit2Me to allow clients to pay for services in digital assets. Cryptocurrency adoption seems to be on a high level in the Iberian country. A few months ago, the leading airline company – Vueling – said travelers will be able to purchase flight tickets in bitcoin and other assets from January 2023. Telefonica Says ‘Yes’ to Crypto The Madrid-based...

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Jake Paul Bashes Biden Over Falling Crypto Prices

YouTuber and boxer Jake Paul has some harsh words for Joe Biden. Like many Americans, the social media star has grown disillusioned with the acting president, and a lot of it has to do with cryptocurrency. Jake Paul Is Not Happy with Biden, and Can You Blame Him? As many of his fans know, Paul is a mega crypto fan, having invested millions of dollars into the market before losing much of it in recent months like several traders. The digital currency scene is taking a...

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MEXC Leveraged ETF Leads the Cryptocurrency Market as Its Liquidity Ranks First

[PRESS RELEASE – Please Read Disclaimer] Crypto asset trades emerge one after another, and leveraged ETFs are becoming the next star product after futures. MEXC, the cryptocurrency exchange with the highest futures trading liquidity on the Internet, takes the lead again in the cryptocurrency market with leveraged ETFs. Comparing the leveraged ETF depth indicators of trading platforms such as Binance, MEXC, Kucoin, Gate, and Huobi, and analyzing their leveraged ETF...

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ETH Trading Inside a Tight Range, Breakout Imminent? (Ethereum Price Analysis)

The cryptocurrency markets are experiencing a period of stagnation. Meanwhile, ETH has been trading inside a tight range for the last seven days. Technical Analysis By Grizzly The Daily Chart On the daily chart, we can see two descending lines since ETH had reached its all-time high, and right now, ETH is retesting the lower line (green), along with the 200-week moving average (in yellow). From the bearish side, if the green support line doesn’t hold and the selling pressure...

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