The Shanghai upgrade for Ethereum was anticipated to significantly attract institutional interest by enabling the withdrawal of staked Ether. However, a recent analysis by JJ.P. Morgan, as covered by Kitco, reveals that the blockchain network has failed to meet these expectations. Key performance indicators such as daily transactions, active user […]
In a recent interview with CNBC’s MacKenzie Sigalos in Prague, Ethereum co-founder Vitalik Buterin shared his thoughts on a range of topics, from the platform’s future to the regulatory landscape affecting the crypto industry. Vitalik Buterin began by discussing his nomadic lifestyle, stating that he avoids certain countries, including his […]
Ethereum continued to trade in the volatile waters of the cryptocurrency market last week, with a deeper analysis revealing that some big players may be offloading their bags. For most of last month, the second largest cryptocurrency by market capitalization traded around $1,600, reflecting weeklong fluctuations after a sudden drop […]
As Ethereum inches closer to $1,800, according to CoinMarketCap data, fears are that it will break this level of support with the total crypto market on a massive downward trend. As crypto analyst Ali said on X, “If Ethereum falls below the $1,800 mark, the next significant support level is […]
The United States Securities and Exchange Commission is poised to approve the first-ever exchange-traded funds (ETFs) based on Ethereum futures, according to Bloomberg, citing unnamed sources. This move will mark a huge win for multiple financial companies that have been advocating for the introduction of ETFs involving derivatives of the […]
Disclaimer: This article is sponsored content and should not be considered as financial or investment advice. Always do your own research before making any financial decisions. The opinions expressed in this article are those of the author and do not necessarily reflect the views of CryptoGlobe. Stagnation means death, in […]
Former U.S. President Donald Trump’s Ethereum wallet now holds assets worth over $2.8 million, a significant increase from the previously disclosed amount of between $250,000 and $500,000 in April. According to an article by Cointelgraph published earlier today, this revelation came to light in a press release shared on 14 […]
PayPal’s Groundbreaking Announcement Yesterday, PayPal Holdings, Inc., a dominant force in the digital payments realm, unveiled its Ethereum-based stablecoin, PayPal USD (PYUSD). This strategic move is a testament to PayPal’s ambition to further penetrate the burgeoning world of Web3 and digital-centric payments. According to the details shared by PayPal, PYUSD […]
An anonymous individual using the Ethereum Name Service (ENS) pseudonym “nd4.eth” recently sent a substantial 2,500 ETH, equating to roughly $4.5 million, to a burn address. This incident, which transpired on July 26, has captivated the cryptocurrency community, prompting many to ponder the rationale behind this significant burn. The occurrence […]
A handful of factors primarily determine the price movement of any cryptocurrency asset. This squally ranges from a fundamental level to a technical level. For a leading asset like Ethereum, fundamental and technical developments have repeatedly swayed market sentiments. With Ethereum (ETH) preparing to enter the third quarter of 2023, […]