Ethereum and eTukTuk are two hot cryptocurrencies to keep an eye on this week. While Ethereum has crossed the much-awaited $4000 mark, the eTukTuk presale is on its way to the $2 million milestone and an early sell-out. Ethereum Network Activity is on a Wild Surge The FOMO-fuelled crypto market has sent the network activity on Ethereum to wild heights. While on the one side, it leads to exorbitant transaction costs, the accompanied price surge favours investors and traders....
Read More »Trump Embraces ‘Fun’ of Bitcoin in Latest Bullish Remarks
CoinspeakerTrump Embraces ‘Fun’ of Bitcoin in Latest Bullish Remarks Trump’s remarks seemed to have been supportive in pushing Bitcoin towards a new high of more than $72,200. Trump Embraces ‘Fun’ of Bitcoin in Latest Bullish Remarks
Read More »Reddit Aims to Raise Up to $748M at Valuation of $6.5B in Highly Anticipated IPO
CoinspeakerReddit Aims to Raise Up to $748M at Valuation of $6.5B in Highly Anticipated IPO Reddit recently disclosed its crypto holdings as it is planning to sell its shares during the hotly anticipated IPO. Reddit Aims to Raise Up to $748M at Valuation of $6.5B in Highly Anticipated IPO
Read More »London Stock Exchange to Start Considering Bitcoin and Ethereum ETN Applications
CoinspeakerLondon Stock Exchange to Start Considering Bitcoin and Ethereum ETN Applications The London Stock Exchange (LSE) stipulates that crypto ETNs must be physically backed and non-leveraged. Additionally, these assets must be held by a custodian compliant with Anti-Money Laundering regulations. London Stock Exchange to Start Considering Bitcoin and Ethereum ETN Applications
Read More »Arthur Hayes Clarifies: Ethena’s Yield Mechanism Unique from Terra’s Collapsed UST Stablecoin
The stablecoin initiative USDe by Ethena Labs has seen notable adoption, with its market cap surging by over 40% in the last week and by 400% in the last month, reaching $840 million. Following the setback of the Terra ecosystem’s downfall, concerns have been raised within the community about the launch of USDe. However, Arthur Hayes is optimistic, seeing Ethena as the leading contender in the crypto space to deliver a synthetic USD based on a public blockchain. USDe is not...
Read More »This Shiba Inu (SHIB) Competitor Enters the Top 60 Cryptocurrencies
Moreover, it’s getting some new digs on Stock Twits, and another crypto exchange has added FLOKI to its trading pairs. FLOKI coin gained more in price on cryptocurrency exchanges last week than Pepe Coin, Dogecoin, Shiba Inu, Bonk Inu, or Wif. Furthermore, the Ethereum and Binance Smart Chain meme coin entered the top 60 biggest cryptocurrencies by market cap. Popular meme coin account DogecoinRise posted to X, formerly Twitter: “Floki has outperformed $PEPE, $DOGE, $SHIB,...
Read More »Ethereum’s Dencun Upgrade Set to Drive Near-Zero Transaction Fees
The forthcoming Ethereum Dencun upgrade scheduled for March 13 offers a chance for near-zero transaction fees for layer 2 (L2) solution users, possibly drawing in more new ones, as per a research report by Fidelity Digital Assets. The forthcoming upgrade marks the initial step in Ethereum’s rollup-focused roadmap. This advancement will empower the network to function as a resilient database, enhancing the efficiency and cost-effectiveness of data storage for layer 2...
Read More »SMOG Skyrockets 600% to $264M As Dragon-themed Meme Coin Airdrops Go Viral
SMOG is the latest crypto sensation. The dragon-themed meme coin exploded 391.93% this week to attain a $265 market cap. The key allure of SMOG is its series of airdrops that have gone viral on social media platforms. With 30% of the token supply set aside for airdrops and 50% allocated for marketing, SMOG is strategically becoming a meme coin worth watching. 600% Jump in a Month: The SMOG Phenomenon Explained SMOG is a new meme coin that entered the market as a stealth...
Read More »These Catalysts Could Push ETH to $10K or Higher This Year: Bitwise Analyst
The price of Ether (ETH), the second largest cryptocurrency by market cap, could soar to $10,000 or even higher this year despite the asset being overshadowed by Bitcoin (BTC) in the past months. These were the words of Juan Leon, crypto research analyst at asset manager Bitwise. According to Leon, ETH, worth $3,950 at the time of writing, could rally past its all-time high of $4,800 and possibly surpass $10,000 due to catalysts like the upcoming Dencun upgrade and excitement...
Read More »Ethereum: Staking und Re-Staking
Nicht nur Bitcoin, auch Ethereum erlebt in diesen Tagen bemerkenswerte Kurszuwächse: Im Februar stieg das zweitgrösste Kryptoasset um 50 Prozent im Wert und bewegt sich seit 25. Februar stabil über der Marke von 3’000 US-Dollar. Diese Entwicklung kann auf mehrere Faktoren zurückgeführt werden, vor allem aber auf Gerüchte rund um die Zulassung von Ethereum Spot-ETFs in den Vereinigten Staaten und einen neuen Token-Standard. ERC-404 ist ein...
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