Ethereum
Memecoins Reign Supreme: CoinGecko Reveals Most Profitable Crypto Narrative Of Q1
In the first quarter of 2024 (Q1), memecoins emerged as the most profitable crypto narrative, delivering massive average returns of 1312.6% across its top tokens, according to a recent study and report conducted by CoinGecko. This figure far surpassed the returns of other narratives, highlighting the growing popularity and frenzy …
Protocol Village: Optimism-Based DEX Velodrome Deploys to Bitcoin L2 BOB
April 4: Velodrome, an AMM-based decentralized exchange on Optimism, officially announced their second major deployment onto the BOB (Build on Bitcoin) network, a Bitcoin layer-2 network with EVM compatibility. According to the BOB team: “The Superchain is a network of interoperable layer-2 chains that will share bridging, governance, upgrades, a …
Ethereum And Altcoins Crash: Why Is This Analyst Super Bullish?
Altcoins like Ethereum, Cardano, Solana, and the rest might be lower at spot rates. However, according to one analyst who sees a parallel in the current formation to the 2020 market cycle, they are gearing up for a potential surge. In a post on X, the analyst says that often, …
Ethereum Q2 Potential Promises Double-Digit Gains – Analyst
Ethereum investors are navigating the second quarter of 2024, cautiously embracing optimism, leveraging insights from historical trends and market data to anticipate potential gains. Santiment’s recent analysis reveals that the number of Ethereum addresses holding coins has reached highs of more than 118,000, with midterm MVRV suggesting a mild bullish …
Ethereum Price Stays Bullish As Indicators Point To Fresh Upside
Ethereum price is signaling positive moves above the $3,550 zone. ETH could gain bullish momentum if it clears the $3,650 resistance zone in the near term. Ethereum started another increase from the $3,500 support zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a …
Base network TVL exceeds $3 billion, with daily users surpassing 5 million
The Ethereum layer-2 network, Base, has witnessed a remarkable surge in assets locked, soaring by approximately 200% over the last month to over $3 billion, according to L2beat data. Key contributor Jesse Pollak disclosed that Base hit the $3 billion milestone five days after crossing the $2 billion threshold. Notably, …
Ethereum’s Vitalik Buterin praises Worldcoin’s data privacy focus amid regulatory scrutiny
Ethereum co-founder Vitalik Buterin has praised Worldcoin’s effort to enhance data privacy amid recent global regulatory challenges. In a March 29 post on social media platform X, Buterin acknowledged Worldcoin’s commitment to addressing privacy concerns by significantly reducing the data required in its system. According to him: “[Worldcoin] actually has …
Ethereum’s Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says
The rapidly rising validator count on the Ethereum blockchain following the Shapella upgrade in April last year is causing concerns about technical capacity and centralization, Fidelity Digital Assets wrote in a research report on Thursday. Fidelity noted that “with the lowered risk from increased liquidity, the active validator count has …