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Ethereum

Anonymous Ethereum Whale Acquired $1.7 billion worth of Future Contract And Become 7-month Biggest Hourly Volume Candle In Market Orders
Ethereum

Anonymous Ethereum Whale Acquired $1.7 billion worth of Future Contract And Become 7-month Biggest Hourly Volume Candle In Market Orders

As tweeted by a Twitter handler, Kate Young Ju, an unknown Ethereum whale just acquired a whopping amount of Ethereum worth $1.7 billion at the time of writing. This massive purchase made the anonymous whales the 7-month biggest hourly volume candle in market orders. Read Also: Ripple Executives Reacted To Rep. Sherman’s comments And SEC Requests The Removal Of Amici Status On XRP Holders https://twitter.com/kate_young_ju/status/1549536750556647425 The assets were not pushed down by the previous negative performance as the large trading volume was not followed by an increase in short liquidations.  This single reason revealed that Ethereum’s recovery rally is gaining momentum as the whales lean on their position through longs. However, this is the first indication of a spe...
Ethereum’s Ninth Shadow Fork Go live In Preparation For The Main Merge
Ethereum

Ethereum’s Ninth Shadow Fork Go live In Preparation For The Main Merge

According to the tweet by the Ethereum developer, superphiz.eth, he said that the merged timeline is not final, regarding Ethereum’s ninth shadow fork that went live in the early time of the 15th of July. This shadow fork marks one of the final tests before the major merge. As stated on the website, the timetable for the final testing is as follows; Read Also: The Bitrue supports XRP by listing the token with 10 new pairs. Goerli/Prater client releases 27th or 28th of July.Announce 28th/29th.Prater Bellatrix on the 8th of AugustGoerli Merge on the 11th.ACD 18th August plan mainnet Merge:Bellatrix early September;Merge two weeks later (week of Sept 19th). https://twitter.com/superphiz/status/1547643255335968771 Recall, for a merge to occur successfully, the merge must pass t...
MicroStrategy CEO Answers Some Questions On Ethereum; Is It A Security Or Commodity.
Ethereum

MicroStrategy CEO Answers Some Questions On Ethereum; Is It A Security Or Commodity.

The CEO of Microstrategy and renowned Bitcoin Bull, Michael Saylor has tagged Ethereum, the leading smart contract platform “A Security” Michael saylor named Ethereum "security" in an interview With Altcoin Daily displayed on YouTube. He went down by agreeing with the claims made by SEC chief Gary Gensler that Bitcoin is the only crypto that fit the description of being a commodity. Read Also: The largest Layer 2 Network On Ethereum in terms of TVL Is Set To Bring Forth The AnyTrust Technology By Launching Arbitrum Nova Chain He also said concerning Ethereum “I think it’s pretty obvious it’s a security. It was issued via an ICO [initial coin launch]. There’s a management team. There was a pre-mine.” Saylor says for a crypto to be labeled a commodity, there cannot be a dedicate...
Holders Expect Price Surge As Weekly Ethereum Outflows Hit The 14-month Lows Of Only About 2,396.131.
Ethereum

Holders Expect Price Surge As Weekly Ethereum Outflows Hit The 14-month Lows Of Only About 2,396.131.

As stated by the Glassnode Twitter page, the weekly Ethereum outflows from the exchanges have hit the 14-month lows of only about 2,396.131. This is a pointer to the readiness of the holders to hold tight for the coming price surge. “Ethereum ETH Number of Exchange Withdrawals (7d MA) just reached a 14-month low of 2,396.131,” tweeted the analytics firm. Read Also: Grayscale's Application Is Presently At Appellate Court But If Contrary Happens, They Are Ready For Supreme Court Over The Case Of Spot Bitcoin ETF https://twitter.com/glassnodealerts/status/1546377624301215744 Recently, there has been massive ETH flow to exchange following the upward price movements. As previously reported the holders moved 220k ETH to exchange, which represents the highest inflow since August 20...
Sepolia, The Second Public Testnet Runs Successfully; Major Merge Is Closed
Ethereum

Sepolia, The Second Public Testnet Runs Successfully; Major Merge Is Closed

Merge has successfully cut across two out of the three public testnets. As we know that the Ethereum was expected early this month, Tim Beiko, Network developer, disclosed the Bellatrix upgrade which was slated for June 2nd. This upgrade was done to open the door for the first public testnet, the Ropsten Beacon Chain in preparation for the Merge. Read Also: Binance CEO Aims To Make Binance Cut Across The Globe; He Met With The African Head The Second Time. Recall, on May 30th, Ethereum announced the release of a new beacon chain on the Ropsten network to provide consensus, the proof-of-work that permits the nodes of the Ethereum network to agree on the state of all information recorded on the Ethereum blockchain and secures particular kinds of economic attacks. Remember, after ye...