CoinspeakerHuge Ethereum VC Withdrawals Spotted, More ETH Selloff Underway? The ongoing selloff witnessed in the Ethereum (ETH) market appears not to be stopping soon as huge VC withdrawals have been spotted. Huge Ethereum VC Withdrawals Spotted, More ETH Selloff Underway?
Read More »Ethereum Price Analysis: ETH Dips Again As Bears Aim $3,200
Ethereum price started a downside correction from the $3,680 resistance against the US Dollar. ETH price is now trading below $3,550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $3,535 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,550 resistance zone. Ethereum price is declining below $3,550 against the US Dollar. ETH/USD remains at a risk of...
Read More »Vitalik Buterin: Meme Coins Need to Evolve via Fun Utility to Support Community and Not Only Enrich Creators
CoinspeakerVitalik Buterin: Meme Coins Need to Evolve via Fun Utility to Support Community and Not Only Enrich Creators The Ethereum co-founder has urged meme coins to build fun crypto games instead of relying on charity donations to improve utility. Vitalik Buterin: Meme Coins Need to Evolve via Fun Utility to Support Community and Not Only Enrich Creators
Read More »Ethereum Hits 1 Million Validators Prompting Community Concerns
The Ethereum network has reached a noteworthy milestone by attaining one million validators. Based on data from the Dune Analytics dashboard developed by Hildobby, the quantity of ETH staked has risen to 32 million, with an approximate value of $114 billion at current market rates. This figure accounts for 26% of the total Ethereum supply. Ethereum’s New Milestone The data also reveals that around 30% of the staked ETH is attributed to Lido, a liquid staking platform designed...
Read More »Masa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network
CoinspeakerMasa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network The integration of Masa Network and LayerZero through a dedicated Avalanche Subnet will enable the former’s seamless communication with Ethereum and BSC chains. Masa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network
Read More »Tencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks
CoinspeakerTencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks This partnership will facilitate the growth and adoption of the Sui ecosystem by providing developers with the necessary tools and resources. Tencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks
Read More »US Lawmakers Urge SEC to Confront Prometheum’s Custody Plans for ETH
United States House Financial Services Committee and House Agriculture Committee members have expressed notable concerns regarding the Securities and Exchange Commission’s (SEC) approach to managing Ethereum (ETH). The focus of their apprehension centers on crypto firm Prometheum’s plans to offer institutional custody services for ETH, which has sparked several demands for clarity and action from regulatory authorities. Regulatory Ambiguity In a letter addressed to SEC Chair...
Read More »COTI and Civic Enter Strategic Partnership to Give Users Full Self-sovereignty over Their Digital Identity
CoinspeakerCOTI and Civic Enter Strategic Partnership to Give Users Full Self-sovereignty over Their Digital Identity The partnership between COTI and Civic will enhance web3 data protection and confidentiality via the COTI V2’s, Ethereum-based layer two network. COTI and Civic Enter Strategic Partnership to Give Users Full Self-sovereignty over Their Digital Identity
Read More »Illuvium Secures $12M Investment to Advance NFT Interoperability in Ethereum
CoinspeakerIlluvium Secures $12M Investment to Advance NFT Interoperability in Ethereum The blockchain gaming studio plans to use its latest investment to expand its gaming offerings and build on user experience. Illuvium Secures $12M Investment to Advance NFT Interoperability in Ethereum
Read More »Tether Expands AI Focus: Welcomes Top Talent to Fuel Innovation
CoinspeakerTether Expands AI Focus: Welcomes Top Talent to Fuel Innovation Tether, the leading cryptocurrency firm, is making waves with its strategic foray into the realm of Artificial Intelligence (AI). With a focus on innovation and transparency, Tether aims to reshape the landscape of AI technology, setting new standards for accessibility and efficiency. Tether Expands AI Focus: Welcomes Top Talent to Fuel Innovation
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