Price of Ethereum Signals Strong Buy
Ethereum began the week by consolidating losses from the previous week, which was marred by the US SEC’s enforcement. Gary Gensler, chairman of the Securities and Exchange Commission, states in a video extensively shared on social media that the two most prominent cryptocurrencies, Ethereum (ETH) and Bitcoin (BTC), are not securities. Even though the video […]
Adverse Fed Policies Could Restrain Ethereum Price
Mike McGlone, a Bloomberg strategist , asserts that the Fed’s adverse policies and Ethereum’s bleak technical backdrop can impede development. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a rough week after the US Securities and Exchange Commission (SEC) submitted securities violation charges against Binance and Coinbase Exchanges, respectively. At the time […]
Ethereum Average Gas Fee Drops 69%
The decrease in Ethereum’s gas fee is likely to promote robust network utility and could provide the necessary fuel for the ETH price. Ethereum (ETH), the world’s second-largest cryptocurrency, concluded May 2023 on a relatively flat note and is currently trading around $1,850. Nonetheless, the transaction gas fee has decreased significantly over the past month, […]
Ethereum vs. Cardano: Vogelsteller Disputes Hoskinson’s Ethereum Role
A Twitter controversy erupted between Fabian Vogelsteller, a core Ethereum Foundation member, and Charles Hoskinson, founder of Cardano, over Hoskinson’s contributions to the development of Ethereum. Core Ethereum Foundation member Fabian Vogelsteller and Cardano founder Charles Hoskinson engaged in a Twitter debate over the contributions of Hoskinson to the development of the Ethereum blockchain, causing […]
BTC products dip while ETH products grow in August
As crypto market AUM data continue to decline despite the bad market, the forthcoming Merge has helped to drive up ETH products and trading activity. The trading volumes for Grayscale’s most well-known Bitcoin (BTC) and Ethereum (ETH) products, GBTC and GETH, respectively, both decreased by 24.4% and 23.2%, respectively, reflecting this. According to a report […]