In a recent development that’s making headlines, a complete set of 10 Autoglyphs has been acquired for 5,000 ETH, equivalent to approximately $14.6 million. This sale marks the highest NFT sale in the past two years and stands as the fifth-largest purchase on-chain, setting a new benchmark for the value of blockchain-based artworks. The Collection Facilitated by Fountain.xyz, a known brokerage specializing in rare digital art, the acquisition was made by a collector who,...
Read More »Ethereum Nears $3K as Market Anticipates Spot ETF and Dencun Upgrade
CoinspeakerEthereum Nears $3K as Market Anticipates Spot ETF and Dencun Upgrade In addition to ETF anticipation, the crypto community eagerly awaits Ethereum's Dencun upgrade that is scheduled for March 13. Ethereum Nears $3K as Market Anticipates Spot ETF and Dencun Upgrade
Read More »Top GameFi Tokens to Focus On amid Bitcoin-led Crypto Bull Run
CoinspeakerTop GameFi Tokens to Focus On amid Bitcoin-led Crypto Bull Run The use of Web3 gaming protocols to onboard millions of users to the crypto and blockchain industry has helped the respective tokens to experience parabolic rallies. Top GameFi Tokens to Focus On amid Bitcoin-led Crypto Bull Run
Read More »Ethereum Price Analysis: ETH Extends Rally Toward $3,000
Ethereum price is moving higher above the $2,750 resistance against the US Dollar. ETH price is now trading above $2,750 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,880 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,750 support zone. Ethereum price is rising above the $2,800 level against the US Dollar. ETH/USD could rise further if it clears the...
Read More »Vitalik Buterin Anticipates Ethereum’s Verkle Trees Upgrade, Hints at AI Integration
Vitalik Buterin has taken to social media to express his anticipation for the imminent integration of “Verkle trees” onto the Ethereum blockchain. He emphasized that this advancement will enhance the functionality of staking nodes, decrease disk space requirements, and elevate the overall user experience. Enhanced Efficiency and Decentralization In a recent post on the social media platform X, the Ethereum co-founder shared his enthusiasm for Verkle trees, stating, “I’m...
Read More »Unprecedented Weekly Inflow of $2.5 Billion for Bitcoin ETFs
CoinspeakerUnprecedented Weekly Inflow of $2.5 Billion for Bitcoin ETFs The rising inflows coincide with an increase in the price of Bitcoin, which has surged nearly 25% year-to-date. Unprecedented Weekly Inflow of $2.5 Billion for Bitcoin ETFs
Read More »Here’s How a Trader Made 1,280x Profit with SORA Token
An unidentified trader has successfully generated a profit of $176,000 from a modest initial investment of 0.049 ETH, valued at just $137 at the time. Per analysis by Lookonchain, the trader initially utilized 0.049 ETH to acquire 16 million SORA tokens. Trader Nets 1280x Return The trader then made a strategic move by selling 12.36 million SORA tokens for a significant return of 36.57 ETH, which amounted to $102,492 at the prevailing market rates. In addition, including the...
Read More »Ethereum Explodes Toward $3K: Two Things to Watch This Week (ETH Price Analysis)
Ethereum has recently surged with notable momentum, signaling a bullish uptrend. This increase has seen the price reclaim a critical resistance level, reflecting strong buyer confidence and market participant optimism. By Shayan The Daily Chart A thorough analysis of Ethereum’s daily chart reveals a significant shift in market sentiment, characterized by an impulsive uptrend and heightened bullish momentum. Accordingly, the price has approached a crucial multi-year...
Read More »Important Binance Announcement Affecting Controversial Ethereum Pairs
TL;DR Binance will discontinue support for specific leveraged token pairs, converting any held by users into USDT. The move is part of the company’s ongoing effort to refine its product offerings. The world’s largest cryptocurrency exchange – Binance – announced it will cease support for the following leveraged token pairs: BNBUP/USDT, BNBDOWN/USDT, ETHUP/USDT, ETHDOWN/USDT, BTCUP/USDT, and BTCDOWN/USDT by April 3. Trading and subscription options for the affected tokens...
Read More »Vitalik Buterin Sees AI as Solution to Ethereum’s Biggest Technical Risk
CoinspeakerVitalik Buterin Sees AI as Solution to Ethereum’s Biggest Technical Risk It’s not the first time Vitalik Buterin has shared his opinions on how AI could impact crypto. Vitalik Buterin Sees AI as Solution to Ethereum’s Biggest Technical Risk
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