Ethereum

Community Warns Against Sending Funds to BEN.eth in $LOYAL Pre-Sale

Crypto influencer issues a cautionary message about Bitboy’s pre-sale project. He expressed disbelief at the $10 million funds amassed so far. Bitboy defends BEN coin, assuring the community it will benefit from LOYAL. In a recent tweet that has caused a stir in the crypto community, Crypto Tony, a prominent influencer, issued a strong cautionary message about a pre-sale project led by crypto personality Ben Armstrong, also known as...

BTC, ETH in Billions Moved Off Exchanges While Only $630M USDT Enters

Bitcoin and Ethereum witness substantial net outflows from exchanges. While $310 million ETH entered exchanges, a staggering $1.1 billion was withdrawn. USDT saw $809 million in exchanges, while only $630.4 million was withdrawn. In a recent on-chain exchange flow report, data from Glassnode shows that Bitcoin (BTC) and Ethereum (ETH) witnessed significant net outflows from crypto exchanges. At the same time, the popular stablecoin ...

Ethereum Balance On Crypto Exchanges At 5-Yr Low; Can ETH Price Crash To $1400? | Coingape

Ethereum (ETH) balance on the crypto exchanges has reached a new five-year low. ETH withdrawals from exchanges outpaced in 2023 as investors anticipate massive upside movement in ETH price. The move is triggered by an increase in ETH staking, which has surprisingly increased after the Shanghai upgrade on April 12. Will ETH price rise or fall under these conditions? Ethereum Balance on Exch...

Ethereum Balance On Crypto Exchanges Fell 5-Yr Low, ETH Price To Rise Or Fall? | Coingape

Ethereum (ETH) balance on the crypto exchanges has now reached a new five-year low. ETH withdrawals from exchanges outpaced in 2023 as investors anticipate massive upside movement in ETH price. The move is triggered by an increase in ETH staking, which has surprisingly increased after the Shanghai upgrade on April 12. Will ETH price rise or fall under these conditions? Ethereum Balance ...

Ethereum Client Releases Major Upgrade To End PoW Support, ETH Price Jumps | Coingape

Ethereum client Go-Ethereum has officially released the Geth v1.12.0 version (Krogam DMZ). The latest update will no longer support proof of work (POW), so it can no longer be used for PoW-based private chains or as a dependency on ethash PoW. Ethereum has transitioned to proof-of-stake (PoS) but some related chains still use PoW consensus such as Ethereum Classic and EthereumPoW. Go Et...

Recent On-Chain Data Indicates an Increase in ETH Whales

IntoTheBlock noted that the amount of ETH whales has been on the rise recently. This ETH accumulation trend among whales could be an indication of trust and confidence in the project as a whole. At press time, ETH was worth about $1,814.41 after it experienced a 1.61% price increase in the past 24 hours. The market intelligence platform, IntoTheBlock, took to Twitter earlier this morning to announce that the amount of Ethereum...

Vitalik Buterin Introduces Pre-Crypto Game to Ethereum’s IPFS

Vitalik Buterin introduced the real-time strategic game Slasha to IPFS. The founder said that he created the game in his pre-crypto years. The link provided by Buterin takes readers to a brief description of the game. The Russian computer programmer and founder of the leading blockchain platform Ethereum Vitalik Buterin declared via his official Twitter page the addition of the “real-time strategic game”, Slasha to IPFS. He as...

Popular Crypto Analyst Predicts ETH’s Price to Reach $2K Soon

Ethereum’s price is set to reclaim the $2,000 level after breaking above significant resistance. ETH has convincingly broken above a key trend line, confirming an upward momentum. The flagship altcoin has been in a bullish trend since the beginning of the year. Ethereum’s price is set to reclaim the $2,000 level after breaking above significant resistance, according to the crypto analyst CryptoKaleo. Kaleo posted the projectio...

Smart Money More Inclined To Invest In Ethereum Over Bitcoin: Bloomberg | Coingape

Institutional investors were the major force behind the Bitcoin rally in 2021, realizing its potential use cases in the future. Institutional investors such as JPMorgan, Ark Invest, MicroStrategy, Tesla, Andreessen Horowitz, and others became supporters of Bitcoin and other cryptocurrencies. However, institutional investors are more willing to invest in Ethereum (ETH) than Bitcoin (BTC). I...

Vitalik Buterin Cautions on Risks of Extending Ethereum’s Consensus

Vitalik Buterin, co-founder of Ethereum, has cautioned against expanding Ethereum’s consensus mechanism, citing high systemic risks to the ecosystem. Buterin expressed concerns about introducing additional functionalities to the core blockchain, emphasizing that each extension makes the core itself more fragile. He highlighted potential vulnerabilities that could arise from techniques such as price oracles and re-staking initiativ...
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