Tag Archives: Ethereum News

VanEck analysts have explained in detail why ETH price could rise above $11K by 2030, with revenue of more than $50 billion. According to a VanEck report, the Ethereum (ETH) price could hit $11.8K by 2030. The global investment manager exposited its ETH price predictions earlier in the month. On May 9th, VanEck’s Digital Assets Research Head, Matthew Sigel, and Digital Assets Senior Investment Analyst Patrick Bush made the bold claims. The duo provided a detailed valuation methodology...

Dan Berkowitz, a former commissioner of the CFTC and former general counsel at the SEC, hinted that it is possible to categorize Ethereum as both a commodity and a security. As cryptocurrencies grow more popular, there is a rising need for clarity about their legal status, as many people see them differently based on the regulatory provisions within their jurisdiction. In what seems like an addition to the ongoing talks about the regulatory status of Ethereum, Dan Berkovitz, a former...

WaaS (Wallet as a Service) reportedly employs cutting-edge multi-party computing (MPC) technology to safeguard the private keys of its users. Coinbase has announced that it released and launched a new Web3 wallet solution dubbed “Wallet as a Service” (WaaS) on the Ethereum mainnet. The new service, a version of the crypto firm’s cloud product, went live on May 23 and utilizes a multi-party computation (MPC), according to a Twitter announcement from a software developer at the company. The...

SG-Forge CEO stated that the EUR CoinVertible smart contract was audited by the professional services network PwC before launch. Societe Generale-Forge (SG-Forge), a regulated subsidiary of the French banking firm Societe Generale, on April 20 announced the launch of EUR CoinVertible, a euro-pegged stablecoin. The Ethereum-based stablecoin will trade under the ticker EURCV and will be available to qualified institutional investors. Investors will have to go through SG-Forge’s Know Your...

Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade. Ether (ETH) has successfully delivered a very strong performance shooting past $2,100 levels and hitting a new 11-month high. As of press time, ETH is trading at $2,087.83 with a market cap of $249 billion. This strong price performance comes despite more than 1 million ETH being withdrawn from the Ethereum Beacon Chain just within the first four days of the Shanghai hardfork...

Gemini co-founder Cameron Winklevoss commented on the upgrade, calling it “an incredible milestone” for Ethereum.  Ethereum has breached the $2,000 barrier on the heels of the Shapella upgrade, the first major network upgrade since 2022’s Merge. The second-largest cryptocurrency is currently trading at $2,114, up 6.71% on the day and 13.96% over 7 days, outperforming Bitcoin which is up 2% over the past 24 hours and is now changing hands at $30,839. The Shapella upgrade, a portmanteau...

Withdrawals will go live on April 19 and stakers will be allowed to redeem their coins. Binance has revealed its plans to allow the withdrawal of staked Ether (ETH) through its exchange platform.  The exchange made the announcement following the successful completion of Ethereum’s highly-anticipated Shanghai upgrade on Thursday. According to the announcement, withdrawals will go live on April 19 and stakers will be allowed to redeem coins with their BETH holdings on a 1:1 basis. The...

Ethereum has often been touted as the only cryptocurrency with the right technology, embrace, and functionalities to outrank Bitcoin (BTC) in terms of market capitalization. The Ethereum network, dubbed the second-largest blockchain protocol by market capitalization, is set to undergo another significant upgrade dubbed Shapella. The Shapella upgrade is designed to usher in a new era wherein Ethereum staking products and services can produce rewards in a shorter time compared to the fund’s...

In a podcast, the Coinbase Institutional team delved into bullish and bearish scenarios for Ethereum and Bitcoin as ‘Shapella’ approaches.  Ahead of the Ethereum Shapella Upgrade, Coinbase Institutional weighed in on the mainnet upgrade’s potential impact on Ether and Bitcoin (BTC). In a YouTube podcast, the team provided insight into whether April 12th’s much-anticipated upgrade would further spur the ongoing crypto rally. The Coinbase Institutional team also discussed the bear market...

The OpenSea Pro through Gem v2 will help digital art collectors discover the best deals in over 170 marketplaces. The Non-Fungible Tokens (NFTs) industry has grown to a $2.1 billion valued crypto sector with OpenSea playing a crucial role in global adoption. Founded in 2017, OpenSea has facilitated over $20 billion in NFT volume from over 2 million collections. Moreover, the NFT marketplace is backed by top industry investors including Andreessen Horowitz, Coinbase ventures, Trust Wallet,...