Tag Archives: ETH

The new partnership with Taurus suggests that Banco Santander anticipates a greater role for crypto in traditional finance. Spanish banking giant Banco Santander is partnering with cryptocurrency asset management platform Taurus to offer its customers custodial services for their digital assets. Banco Santander recently emerged as the only Spanish bank to appear on the 2023 list of financial institutions of global systemic importance. The list comprised 29 names classified by the Financial...

The Blast Mainnet is scheduled to go live on February 24, 2024, enabling withdrawals and allowing users to redeem their Blast Points for actual rewards starting from May 24 next year. Recently launched Ethereum (ETH) Layer-2 blockchain Blast has earned itself some popularity in the last few days, although a significant portion of this fame has not been for the right reasons. Blast is the first-ever Layer-2 blockchain protocol to provide its depositors with native yield and this singular...

The Forbes Under 30 List, including all categories and individual profiles are available on the Ethereum blockchain for permanence. Forbes has announced the launch of its annual Under 30 list on the Ethereum blockchain. The announcement represents news of the first time a publication like this is launching on the blockchain and is a pointer to the potential of using blockchain technology to permanently store published data. Forbes is doing this to ensure that all of the achievements under...

Ethereum price started a downside correction from the $2,135 resistance against the US Dollar. ETH price is now trading below $2,050 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $1,975 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $1,975 support zone. Ethereum price is declining below $2,050 against the US Dollar. ETH/USD remains at a risk of more...

Buterin also touched on the roadmap for Ethereum’s technical upgrades, referring to an imminent transition called ‘Danksharding’ that expands data availability and enables more transactions per block. Speaking recently at the Turkey Blockchain Summit, Ethereum co-creator Vitalik Buterin discussed some of the platform’s plans for enhancing decentralization around staking while providing updates on upcoming network changes aimed at boosting usage capacity. Recognizing the growing...

Despite its positive trajectory, TokenFi has encountered challenges, particularly with Bitget’s recent decision to delist TOKEN from its platform amidst allegations of price manipulation. TokenFi, a sister project to the popular meme token Floki Inu, has announced the launch of its groundbreaking initiatives, marking a significant step in democratizing the process of token creation within the cryptocurrency market. According to an announcement on X, the platform has rolled out two new...

If the entire $2.7 billion exits the bitcoin market, it would exert significant downward pressure on bitcoin prices, the authors stated. However, if most of this $2.7 billion transitions into other bitcoin instruments, such as the newly established spot bitcoin ETFs post SEC approval, the negative market impact would be more moderate. Nevertheless, the bank indicated that Bitcoin continues to face downside risks, as some of the $2.7 billion is likely to exit the Bitcoin space completely. The...

Ethereum (ETH) price is currently retesting a crucial support/resistance zone around $2,130 with the bulls rejuvenated for a robust bullish breakout. The second largest digital asset by market capitalization Ethereum (ETH) has attracted notable attention amid the ongoing Web3 mainstream adoption fueled by institutional investors. The recent Ethereum spot exchange-traded fund (ETH) filed by the well-funded BlackRock Inc (NYSE: BLK), has sparked high interest for the undisputed smart...

Critics have expressed concerns about the inherent risks of Blast’s model, particularly the practice of staking on the liquid-staking protocol Lido in exchange for Blast points Despite some skepticism from the crypto community, Blast, an Ethereum Layer-2 blockchain set to be live in March, has successfully garnered over $301 million in staked Ethereum (stETH) and stablecoins since its introduction on Monday, according to reports. Blast, led by the pseudonymous @PacmanBlur, a co-founder of...

Polygon will help Lugano achieve its goals by providing rails to facilitate some of the transactions. Lugano, one of the most popular tourist destinations in Switzerland, has embraced the Polygon network, a Layer 2 scaling solution built on the Ethereum ecosystem to accelerate its crypto evolution. In an announcement on November 22, Polygon said the crypto-friendly Swiss city has upgraded its payment platform MyLugano by integrating its Proof-of-Stake (PoS) network to make payments more...