Ethereum Archives - Cryptolifedigital

Consensys Sues SEC in Bid to Protect Ethereum’s Future

26Apr

By OLAJIDE SAMUELNo Comments

Ethereum

Consensys Sues SEC in Bid to Protect Ethereum’s Future

Consensys, a prominent blockchain firm based in the US, has fired a legal salvo against the Securities and Exchange Commission (SEC) in a move to prevent the regulatory body from seizing control over the Ethereum blockchain. Lawsuit Challenges SEC's Authority Over Ethereum Filed on Thursday, the lawsuit accuses the SEC of waging a "campaign to seize control over the future of cryptocurrency." Consensys is seeking a definitive ruling from a Texas federal court that Ethereum is not a security and therefore falls outside the SEC's jurisdiction. Read Also: Ripple vs. SEC Lawsuit: Scheduling Order Issued for Expert Witness Rebuttal https://twitter.com/ethereumJoseph/status/1783562422571192695 The lawsuit goes further, requesting assurances that any SEC investigations into Consensys b...

Exclusive: Insights from the Latest Crypto Price Analysis of ETH, XRP, ADA, SHIB, and DOGE

12Apr

By Kayode Oke MichaelNo Comments

Cardano, Cryptocurrency, Dogecoin, Ethereum, Ripple News, Shiba Inu

Exclusive: Insights from the Latest Crypto Price Analysis of ETH, XRP, ADA, SHIB, and DOGE

In this week's analysis, we will look deeper into the technical aspects of some of the most popular cryptocurrencies in the market with the aim to provide expert insights on the performance, features and potential of these digital assets taking into consideration their underlying technologies, developmental roadmap and market trends Ripple (XRP) XRP has been stuck in a range between 54 cents and 68 cents. This week, the price increased by 5%, but it lacks the momentum to challenge the key resistance. At present, XRP is hovering around 60 cents, placing it in the middle of this range, and more sideways price action is expected in the future. XRP has struggled to attract market participants' attention, which is reflected in its price action that has lacked clear momentum for months. A b...

Bitcoin Ethereum Remarkable Price Performance After Coinbase Court Victory

8Apr

By Daniel AbangNo Comments

Bitcoin, Ethereum

Bitcoin Ethereum Remarkable Price Performance After Coinbase Court Victory

Bitcoin and Ethereum are on a tear thanks to a gigantic uptrend after Coinbase's court triumph throughout the end weekend. Adding to the bullish sentiment, Bitcoin Minetrix (BTCMTX), a new cloud mining project, keeps on producing publicity - with its presale closing in the $13 million milestone. Read Also: Cardano Price Prediction: Bullish Targets Up to $9.71 Envisioned by Cardano Ghost Fund Co-founder BTC And ETH Take Off Investors in the crypto market are buzzing after BTC and ETH surged following a rush of purchasing pressure. Bitcoin has risen above 4% to $72,500 - its highest price in almost a month. Ethereum is likewise flaunting, up a faltering 7% to $3,640, which is a level unheard of since March 31. Because of these developments in price, the Crypto Fear and Gree...

Canadian Asset Manager 3iQ Partners with Coinbase to Launch Ether Staking Program for Retail and Institutional Investors

30Jun

By OLAJIDE SAMUELNo Comments

Ethereum

Canadian Asset Manager 3iQ Partners with Coinbase to Launch Ether Staking Program for Retail and Institutional Investors

Canadian digital asset investment fund manager, 3iQ Corp, has announced a strategic collaboration with Coinbase Global Inc (NASDAQ: COIN) to offer Ether staking through its products. The partnership aims to provide secure and regulated opportunities for retail and institutional investors to earn a yield on their investments. Canadian digital asset investment fund manager to introduce the Ether staking program 3iQ, with over $881 million in assets under management (AUM), plans to introduce the Ether staking program on August 28, 2023. The initiative will be implemented in its products, including The Ether Fund (TSX: QETH.UN, QETH.U) and The 3iQ Ether ETF (TSX: ETHQ, ETHQ.U). This move marks the first Ether staking for exchange-traded products (ETPs) and exchange-traded funds (ETFs) in the...

Ethereum Sees 135,780 New Addresses Popping Up On The Network, Potential Breakouts

10Oct

By CryptolifedigitalNo Comments

Ethereum

Ethereum Sees 135,780 New Addresses Popping Up On The Network, Potential Breakouts

In a recent tweet by the on-chain analytics firm, Santiment Feed, there have been an additional 135,780 new Ethereum addresses recently created making the total wallet previous record of Jan 3rd by 11.1%. https://twitter.com/santimentfeed/status/1579186559483772928 Ethereum Adds New 135,780 Addresses, Santiment Noted Santiment noted; “Ethereum saw a surge of new addresses created Saturday, with 135,780 new $ETH addresses popping up on the network,” Santiment tweeted. “This is 11.1% more network growth than the next highest of 2022 (Jan 3rd). Utility rises commonly foreshadow potential asset breakouts.” Read Also: Zaradar's Terra Classic Re-Peg Proposal Is Finally Out, Terra USD's Price And Tokens Market Cap Spikes However, the Santiment could not explain the reason for th...

Ethereum Now Tops The List Of The Most Staked Crypto Assets

8Oct

By OLAJIDE SAMUEL1 Comment

Ethereum

Ethereum Now Tops The List Of The Most Staked Crypto Assets

The staking platform of the second-largest crypto assets has been receiving massive stakes since the network upgrade. Per the recent news, Ethereum wins the trophy to be one of the most staked crypto assets. Most Staked Crypto Asset The news comes following the successful merge event of the Beacon Chain Consensus Layer incorporated with the Ethereum Execution Layer. Read Also: Gokhshtein Says “XRP [Is] Probably The Only Legitimate Asset [Doing] Well Today,” As It Spikes 70.2% Over The 30 Days, 8% In 24 hours There has been a lot of breakthrough from reporters concerning the merger in favour of the Ethereum network. This announcement is yet another achievement specifically for the smart contract compatible with the blockchain network. Since the whole digital space has ...

Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges

4Oct

By OLAJIDE SAMUELNo Comments

Ethereum

Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges

Contrary to the expectation of the crypto industry, Ethereum's Price has not been encouraging post-merge, although there has been an increase in price which was traced to the massive deposit made by the Ethereum whales. In a recent tweet made by the CryptoQuant, the recent spike in price from the low $1,300 to $1,353 is traced to the massive deposit made by the Ethereum whale into the exchanges. Read Also: The LUNC Community Is Displeased With The Idea Of Terra Classic Re-Peg Proposal: Here's Why Per CryptoQuant; “Whales deposit Ethereum into the exchange and raise prices to sell it at a higher price,” he asserted. https://twitter.com/cryptoquant_com/status/1577128372278378498 CryptoQuant also noted how the Whale behaviour has in times past led to an Ethereum price p...

A whopping 270,000+ Ethereum Were Sent To Central Exchanges Within The Space Of Two Hours

20Sep

By Cryptolifedigital1 Comment

Ethereum

A whopping 270,000+ Ethereum Were Sent To Central Exchanges Within The Space Of Two Hours

Per Whale Alert, the whale tracking platform, over 270,000 Ethereum has been sent to central exchanges within the space of 2 hours post-merge. Over 20,000 ETH Were Sent To FTX Over 20,000 Ethereum were sent to FTX in the first two transactions. The first transaction sent 12,497 ETH worth $17 million was transferred, followed by 8,426 ETH worth over $11.5 million, just 9 minutes later. Read Also: An Unknown Whale Purchase A Total Of $500 Million Worth Of XRP, XRP Spikes From Its 48-Hour Low To $0.37 At 6% Increase https://twitter.com/whale_alert/status/1572020511747743744 https://twitter.com/whale_alert/status/1572022883815235586 A Whopping 250k Were Sent To Binance Another whooping 250,000 Ethereum worth over $338 million were sent to Binance as stated by Wha...

Ethereum’s Merge Is Now Live, It Will Causes A 0.2% Reduction In The World Electricity Usage

15Sep

By Cryptolifedigital2 Comments

Ethereum

Ethereum’s Merge Is Now Live, It Will Causes A 0.2% Reduction In The World Electricity Usage

The long-awaited Ethereum merge has now gone live. Ethereum has successfully transformed from the Proof-of-Work into Proof-of-Stake as the merge goes live. The new development was shared by Ethereum’s Vitalik on his Twitter handle saying; “And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.” Read Also: LUNC Burn Says LUNC Has No Association With Do Kwon https://twitter.com/VitalikButerin/status/1570306185391378434 Per Wu Blockchain: “The first Ethereum PoS block (height is 15537394) is produced, and the package validator is: 0xeee27662c2b8eba3cd936a23f039f3189633e4c8. The last Ethereum POW block was mined by F2pool.” Many pundits have often described the upgr...

As The Merge Approaches CME Group Announces The Launch Of Options On the Ether Future

12Sep

By Cryptolifedigital2 Comments

Ethereum

As The Merge Approaches CME Group Announces The Launch Of Options On the Ether Future

As the Ethereum Merge approaches, CME Group, the world’s top derivatives marketplace announces the launch of options on the Ether future. Per the statement of Tim McCourt, the Global Head of Equity and FX Products, CME Group, as Market participants long for the upcoming merge, a potentially game-changing update of one of the largest cryptocurrency networks, interest in Ether derivatives is surging," Read Also: A Top ETH Whale Acquires Over 536.51 billion SHIB From Coinbase And Binance In The Past 24 Hours Tim stated: "The launch of our new Ether options contracts is particularly well-timed to provide the crypto community with another important tool to gain access to and manage exposure to ether. Our new options contracts will also complement CME Group's Ether futures wh...