Ethereum

Ethereum Client Releases Pruning Update After Vitalik Buterin Updated The Roadmap | Coingape

Ethereum client Nimbus on Sunday said it has released an update to improve compatibility on the network and support for incremental pruning. Ethereum’s blockchain recent finality issues happened due to lack of full pruning measures. Ethereum continues to evolve as per the Ethereum roadmap revealed by co-founder and developer Vitalik Buterin, clients will add required changes that improve t...

Expert Projects ETH’s Value at $457,081 with Compounding Burn Rate

A CEHV partner said ETH’s value should not be compared to traditional firms. He said ETH isn’t a company; it’s a trustless settlement protocol. By settling 10% of global securities, Cochran sees a 30x-35x increase in ETH value. In a recent Twitter thread, Adam Cochran, a partner at CEHV, responded to critics who argued that Ethereum’s token, ETH, could not experience a 20x increase because that would make its market capitalization m...

NFT Marketplaces Diminish in Ethereum Gas Use Amid Fee Crisis

NFT marketplaces no longer top Ethereum’s gas consumption, accounting for just over 3% of all gas usage. Despite Ethereum’s transition to proof-of-stake (The Merge), high gas prices persist. Investors consider alternatives like Cardano, which is more cost-efficient due to its recent Hydra upgrade. In a notable shift in Ethereum’s gas consumption patterns, Non-Fungible Tokens (NFTs) no longer reign as the top gas guzzlers on th...

Breaking: Visa Deepens Crypto Payments Presence With Ethereum Account Abstraction | Coingape

Payments giant Visa continues to explore digital asset payments and study innovative technologies to enable frictionless crypto onboarding and digital transaction experiences. After studying Account Abstraction to enable secure automatic recurring payments for self-custodial wallets, Visa explores how gas fees can be redesigned using Account Abstraction on Ethereum. Visa Explores Account A...

Technical Indicators Suggest ETH Could Drop to $1,788 Soon

Ethereum (ETH) was able to print a gain over the past 24 hours. Sellers on ETH’s charts are attempting to defend the $1,833 resistance. Technicals suggest that ETH could drop to $1,788 if buyers don’t step in soon. The altcoin market leader Ethereum (ETH) was able to print a 24-hour gain in the last 24 hours according to CoinMarketCap. As a result, the leading altcoin’s price stood at $1,827.30 at press time. Despite this rece...

Lido Staked Ethereum Withdrawals Stressed Crypto Market, LDO Price Jumps 10% | Coingape

The largest Ethereum staking protocol Lido enabled staked Ethereum withdrawals as the Lido V2 upgrade officially went live on the Ethereum mainnet late Monday. Lido V2 upgrade primarily improves the Ethereum staking experience while increasing decentralization and unstake stETH to withdraw Ethereum (ETH) at a 1:1 ratio. Users can unstake their stETH or wstETH through withdrawals on Lido di...

Escape High Ethereum Gas Fees: HEX Founder Advocates PulseChain

Richard Heart, the founder of HEX, said that PulseChain is an alternative to evade ETH’s high gas fees. A wallet address spent 29.82 ETH for 3.04% gas usage in the last 3 hours, as per the image Richard Heart shared. Simp DAO founder Eric Wall shared screenshots on Twitter, revealing issues faced by PulseChain users. Prominent crypto figure and HEX founder Richard Heart tweeted that users can escape the burdensome Ethereum gas fees ...

Crypto Analyst is Bullish on ETH, Untapped Yield Potential

Adam Cochran highlights the untapped potential of yields in the crypto market. The Analyst expects a 20x+ for ETH  in the future. The acceptable risk yields range from 2% to 4% in good economic conditions. In a recent analysis, Adam Cochran, partner at Cinneamhain Ventures (CEHV), highlights why he remains bullish on cryptocurrencies, particularly Ethereum (ETH), shedding light on the untapped potential of yields in the crypto...

Ethereum Staking Hits Record High With 8.6% Return; 3.4M ETH Deposited

Token Unlock shared Ethereum staking reached a record high with 8.6% annualized rate of return. 3.4 million ETH were deposited and 2.67 million ETH were withdrawn after Shanghai upgrade. stETH APR has surged to an unprecedented 8%, highlighting Ethereum’s earning potential. Token Unlock reported that the current annualized rate of return for ETH staking stands at 8.6%, reaching a record high. Following the implementation of the Shan...

Ethereum Clients Release Crucial Updates As Blockchain Suffers Two Outages in 24hrs | Coingape

Ethereum consensus clients Prysm and Teku released new updates to fix the recent Beacon Chain finality issues. The Ethereum network suffered from finality issues two times within 24 hours, first for 25 mins and the second time for over an hour. This does not impact end users and transactions, but concerns stakers and developers. According to Ethereum Foundation, it takes about 15 mins for a...
- Advertisement -
- Advertisement - CryptoDofu Ad