Tag: ETH
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Ethereum Surpasses Bitcoin as Long-Term Holders Increase Holdings
Ethereum’s HODLers Increase their Holdings A recent report highlights that Ethereum’s HODLers have witnessed significant growth in their ownership of this popular altcoin. Currently, their holdings constitute 70% of the total supply. Although Bitcoin also demonstrates a strong presence of HODLers, with almost 70% of its coins held by long-term investors, Ethereum’s recent surge beyond […]
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Ethereum’s Resurgence: Striving for $2,500 amid Growing Investor Confidence
Ether’s Battle Against the Odds In the first half of December, ETH struggled to break through the $2,400 resistance level, only to retest the $2,120 support level and bounce back even stronger. As of December 22, Ethereum has recorded a notable 4% increase, standing out in a market where other major cryptocurrencies such as Bitcoin […]
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Ethereum Predicted to Surpass Bitcoin in 2024, Solana Emerges as Competitor
Ethereum May Repeat Bull Market Price Pattern Former Goldman Sachs executive Raoul Pal has made a bold prediction, stating that Ethereum (ETH) will surpass Bitcoin (BTC) in performance by 2024. Pal, who is also the CEO of Real Vision, shared his viewpoint with his one million followers on the social media platform X. He highlighted […]
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Bullish Sentiment Soars as Top Holders Reduce Crypto Supply on Exchanges
Fetch.ai (FET): Significant Decrease in Exchange Holdings The top 10 wallets holding Fetch.ai (FET) tokens have notably reduced their positions on exchanges by a substantial 26.1% over the past three months. This suggests that large holders of Fetch.ai are either storing them in private wallets or utilizing them for other purposes instead of keeping them […]
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Ethereum Surges 4% in 24 Hours, Outperforming Top Tokens and Scaling Solutions
Ethereum Core Developers Set to Roll Out DenCun Upgrade In an important development, Ethereum core developers have finalized their plans for the upcoming DenCun upgrade. This upgrade aims to tackle high gas fees and enhance the network’s capacity. Testing for DenCun is set to begin in January on various testnets. Critically, this positive news has […]
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ZK-Rollups: Cheaper and More Efficient as Transaction Volumes Soar
ZK-Rollups and the Decreasing Cost of Proving: To understand the decreasing cost of proving transactions on zk-rollups as transaction volumes rise, it is essential to delve into the mechanics of zero-knowledge proofs and the architecture of these rollups. zk-rollups, such as ZK-STARKs, utilize cryptographic methods to validate transactions off-chain before submitting them to the Ethereum […]
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ETH Prices Poised to Outperform Bitcoin as ETHE Discount Rapidly Closes
Introduction In a recent interview with Ram Ahluwalia, the CEO of Lumida Wealth, he expressed his theory on the potential recovery of ETH prices and why it could outperform Bitcoin. Ahluwalia pointed to the closing discount of the ETHE chart and the shift from ETHE to ETH spot as key factors in this prediction. ETH […]
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Ethereum Struggles Against Bitcoin and Solana, Future Uncertain
Ethereum’s Performance Lagging Behind Bitcoin and Solana Ethereum’s performance in the cryptocurrency market has raised eyebrows, as its price remains behind that of Bitcoin and Solana. In December, the Ethereum to Bitcoin price ratio fell below 0.05 BTC, hitting a two-year low. While the ratio had been hovering around 0.072 since the beginning of 2023, […]
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11 Reasons Why Ethereum Will Skyrocket to $10,000: Analyst
The Deflationary Advantage Altcoin Daily highlights Ethereum’s deflationary nature as a key factor in its journey towards $10,000. Token burns, which reduce the amount of tokens in circulation, can have a significant impact on their value. The implementation of Ethereum Improvement Proposal 1559, known as EIP-1559, has contributed to the current deflationary state. Rising transaction […]
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Frame Launches Native Token Airdrop for NFT Traders, Prioritizing Creators
Frame Announces Native Token Airdrop for NFT Traders The crypto community eagerly awaits the return of the bull market, and while they wait, a new wave of “free money” airdrops for crypto users has emerged. Frame, an Ethereum scaling network designed for NFTs, is the latest project to join the trend. In an announcement on […]