Tag: ETH
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Fiery Lawsuits Shake Ethereum: High-Stakes Battle Threatens ETH Ecosystem
Nerayoff’s Allegations and Insider Perspective Steven Nerayoff, an early advisor to Ethereum, has recently shared an update on his highly anticipated lawsuit against Vitalik Buterin, Joseph Lubin, and the Ethereum Foundation. The lawsuit alleges corruption and fraudulent activities, causing concern within the ETH ecosystem. Having been involved with Ethereum since its early days, Nerayoff’s insider […]
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Solana’s Token Trading Surpasses Ethereum Again, Thanks to Impending Airdrop
Introduction Token trading on Solana decentralized exchanges has once again surpassed that of Ethereum exchanges, marking the second time in recent months. This shift can be attributed to an upcoming token airdrop. On Sunday night, the 24-hour trading volume on Solana-based DEXes exceeded that of Ethereum, racking up around $705 million compared to $698 million. […]
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SEC Expected to Delay Spot Ethereum ETF Approval, No Reason for Rush
Election-Related Approval Delay Earlier this month, TD Cowen Washington Research Group, led by Jaret Seiberg, shared that the SEC’s approval of a spot Ethereum ETF could be delayed until after the November 2024 election. In their note on Monday, they stated, “We do not expect the SEC in 2024 to approve a spot Ethereum ETF.” […]
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Proto-Danksharding: Ethereum’s Game-Changing Upgrade Set for Mainnet Deployment
Ethereum Testnet Upgrades Planned for Smooth Mainnet Transition To ensure a smooth transition to the main network, developers have meticulously planned a dress rehearsal for the protocol changes on two crucial test networks: Sepolia and Holesky. The scheduled dates for these pivotal tests are Jan. 30 and Feb. 7, respectively. A recent successful upgrade on […]
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SEC Delays Grayscale’s Ethereum ETF: Crypto World on Tenterhooks
Unforeseen Twists and Turns Delivering a plot twist that no one saw coming, the SEC decided to prolong the suspense not only for Grayscale but also for BlackRock, a financial giant eager to launch its own spot crypto ETF. It felt like waiting for the anticipated season finale of a favorite TV show, only to […]
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Over 70% of Ethereum’s Supply Stays Put for Over a Year, Setting New Record
An Unprecedented Record for Ethereum Network New on-chain data reveals a significant milestone for Ethereum, as more than 70% of the total supply has remained dormant for more than a year. This represents an all-time high for the network, according to market intelligence platform IntoTheBlock. Long-Term Holders Driving the Trend IntoTheBlock defines “long-term holders” (LTHs) […]
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Surging Altcoin Solana Overtakes Rivals as Second Most Traded Asset on DEXs
Data from DeFiLlama highlights Solana’s remarkable surge in trading volume According to the latest data from decentralized finance (DeFi) tracker DeFiLlama, Solana (SOL) has emerged as the second most traded digital asset on decentralized exchanges (DEXs), closely following Ethereum (ETH). In just one week, Solana’s trading volume on DEXs has skyrocketed by over 25%, reaching […]
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Meme Mania: Ethereum, Solana, Arbitrum, Avalanche – The Battle of Meme Coins
”’ Ethereum: The King of Meme Coins Ethereum has cemented its reputation as the hub for meme coins, hosting some of the most prominent ones to date. Among these, Shiba Inu stands out as the largest meme coin on Ethereum, boasting a market cap of $6.3 billion. It also holds the title of the largest […]
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Solana’s Astonishing 300% Surge Challenges Ethereum Dominance, All-Time High Looms
The Rise of Solana In a surprising turn of events, Solana, often touted as the “Ethereum killer” two years ago, has proven its mettle by recording an incredible 300% surge against Ethereum (ETH) in recent months. This surge has solidified Solana’s reputation in the cryptocurrency market. Amidst this paradigm shift, Solana’s value has skyrocketed by […]
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Analyst Bullish on Under-the-Radar Ethereum Scaling Solution; Eyes Injective and Optimism
Arbitrum (ARB) Primed for Upside Renowned crypto strategist, Pentoshi, known for accurately predicting the Bitcoin bull market of 2021, believes that one Ethereum scaling solution flying under the radar is poised for a significant surge. Pentoshi shared his bullish outlook on Arbitrum (ARB) with his extensive following of 727,200 on the social media platform X. […]