Ethereum (ETH)

Ethereum price is moving higher above the $2,500 resistance against the US Dollar. ETH price is now trading above $2,550 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,580 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,540 support zone. Ethereum price is rising above the $2,600 level against the US Dollar. ETH/USD could rise further if it clears the...

Farcaster, an Ethereum Layer 2 Optimism-based decentralized social protocol, has seen its total revenue surge to $600,000. The platform’s rise has been likened to FriendTech, another decentralized social network, which attracted a lot of users initially until it grappled with high fees that led to its failure. Farcaster’s Growth Surges with Frames Integration Farcaster initially caught users’ attention in early December 2023 and saw a modest increase in users paying for...

Bitcoin (BTC) broke a two-year high above $50,000 on Monday – the highest recorded price for the leading digital currency since December 2021. The coin’s surge was accompanied by $191 million in liquidations across the crypto market within the past 24 hours. According to Coinglass, over $36 million in crypto shorts have been liquidated in the past hour alone. Across the day, over 57,000 traders have been liquidated. The largest liquidation, however, was for an ETH-USD swap on...

A trader has recently managed to make a substantial profit of $59,000 in just 11 hours from an initial investment of 1 Ethereum (ETH), valued at $2,500. The trader managed to do this by leveraging the MINER token based on the ERC-404 token standard and using strategic high-gas transactions. The Trader’s Strategy Lookonchain Analytics shared insights into their strategy through a post on X. The trader began by withdrawing 1 ETH from the popular cryptocurrency exchange Binance...

CoinspeakerWaitlist for Ethereum Validators Longest since October 2023 While the Ethereum staking activity has seen some boost in recent times, the staked Ether's annualized yield remains stagnant even below the 10-year US Treasury note yields. Waitlist for Ethereum Validators Longest since October 2023

CoinspeakerERC-404 Market Drops amidst Backlash for Driving Ethereum Gas Fees ERC-404 market slumps amidst reported impact on Ethereum gas prices. ERC-404 Market Drops amidst Backlash for Driving Ethereum Gas Fees

According to Scam Sniffer, scammers stole $55 million worth of cryptocurrency in January alone and set up more than 11,000 phishing websites. Notably, most of these thefts occurred on the Ethereum mainnet, with Arbitrum, BNB, Optimism, and Polygon closely behind. Crypto Phishing Attacks Surged in January In a recent Feb. 9 thread on X, Scam Sniffer highlighted a concerning trend observed in January, noting a surge in phishing attacks coinciding with heightened activity within...

Altcoin analyst Altcoin Gordon told over 400,000 X followers Friday that his year-end target for Ethereum is $11,250. That would be a 3.4X increase compared to current prices. Bitcoin has received plenty of attention from the media since October between the SEC approval of Bitcoin ETFs in January and the upcoming fourth Bitcoin halving in April. Ethereum supply dropping. Ethereum demand increasing. Do you understand? pic.twitter.com/txH5g9Eq4w — Gordon (@AltcoinGordon)...

Bitcoin’s positive price performances continued in the past 24 hours as the asset jumped above $48,000 and marked a new monthly peak. The altcoins are also in the green, with ETH tapping $2,500 and SOL jumping to $110. BTC on the Rise A lot can change in the cryptocurrency market within a week, and this is what happened to BTC in the past seven days. Last weekend, the asset had recovered from the most recent declines and stood at around $43,000. The next several days were...

Pandora has witnessed a remarkable surge of over 30% in the last 24 hours amid a broader market resurgence. This increase can be attributed to recent announcements by crypto wallets from renowned exchanges like Binance and OKX, which emphasized the inclusion of support for the ERC-404 token standard. The ERC-404 Token Standard Based on data from CoinGecko, the Pandora token peaked at $32,427 today, marking a 35% increase in the past 24 hours. Its current trading price is...