Ethereum News Archives - Page 3 of 6

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

20Jul

By Cryptolifedigital1 Comment

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...

Polygon, the Ethereum layer-2 platform Is The Only Selected Blockchain Platform In the 2022 Disney Accelerator.

17Jul

By Cryptolifedigital1 Comment

Blockchain

Polygon, the Ethereum layer-2 platform Is The Only Selected Blockchain Platform In the 2022 Disney Accelerator.

Polygon is an Ethereum layer-2 platform built to settle the issue of slow speeds, without sacrificing on security and high transaction fees of the Ethereum blockchain. The Polygon platform has been selected by Walt Disney Co. to build Web 3 technology. Polygon is one of six companies selected to participate in Walt Disney’s 2022 Accelerator program, a business and development program aimed at erecting immersive experiences via technology such as AI, augmented reality, and NFTs. Read Also: Charles Hoskinson Responds To The View Of Michael Saylor On Cardano. Disney’s accelerator was launched in 2014, in which the participants were allowed to receive training from the Disney Accelerator Team and from Disney’s Leadership team itself. Polygon Is The Blockchain Selected It was no...

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

15Jul

By Cryptolifedigital2 Comments

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...

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

11Jul

By Cryptolifedigital2 Comments

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

7Jul

By Cryptolifedigital1 Comment

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...

Ethereum Whales Has Not Ceased Accumulating ETH Despite The General Crypto Market Condition.

2Jul

By CryptolifedigitalNo Comments

Cryptocurrency

Ethereum Whales Has Not Ceased Accumulating ETH Despite The General Crypto Market Condition.

The Ethereum whales have not rested on accumulating Ethereum, the second-largest cryptocurrency in the world and the leading smart contract platform as revealed by the blockchain analytics firm. According to the Santiment, addresses with a balance ranging from 100 and 100,000 ETH has been amassing since June 7th despite the significant price condition of Ethereum and the crypto at large. Source: Santiment/Twitter Read Also: WellyDogDAO To Come Live In The Next Two Months: Shiba Inu's Welly Team “Ethereum shark and whale addresses (holding between 100 to 100,000 ETH) have collectively added 1.1% more of the coin’s supply to their bags on this -39% dip. Historical evidence points to this tier group having alpha on future price movement.” As stated by the blockchain explo...

Gray Glacier Has Been Successfully Launched On The Ethereum Network In Preparation For The Major Merge.

30Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Gray Glacier Has Been Successfully Launched On The Ethereum Network In Preparation For The Major Merge.

Gray Glacier has been successfully launched on the Ethereum network. As reported by the Cryptolifedigital, the Ethereum network was scheduled to take a scheduled upgrade called “Gray Glacier” at block 15,050,000 on 29th June. The Difficulty Bomb will be prolonged by 700,000 blocks via the Gray Glacier upgrade. The mining action of the miners on the current network, Ethereum 1.0 will be discouraged by the Difficulty Bomb after the successful transition to Ethereum 2.0. Read Also: Grayscale's Offer Of Conversion To ETFs Has Been Refuted By SEC And Grayscale Go For Appeal According to the core developer at Ethereum, Tim Beiko, this delay or prolongment of the Difficulty Bomb will be the last. He added that the Bomb would keep fraud off the network because it would require decent t...

Ethereum Network To Take A Scheduled Upgrade called “Gray Glacier” At Block 15,050,000 On June 29th.

25Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Ethereum Network To Take A Scheduled Upgrade called “Gray Glacier” At Block 15,050,000 On June 29th.

On June 29th, the Ethereum network will take a scheduled upgrade called “Gray Glacier” at block 15,050,000. The Difficulty Bomb will be prolonged by 700,000 blocks via the Gray Glacier upgrade. The mining action of the miners on the current network, Ethereum 1.0 will be discouraged by the Difficulty Bomb after the successful transition to Ethereum 2.0. Read Also: Shiba Inu Is Up Above 11% At $0.0000115 In The Last 24 Hours And Up Around 41% In The Week According to the core developer at Ethereum, Tim Beiko, this delay or prolongment of the Difficulty Bomb will be the last. He added that the Bomb would keep fraud off the network because it would require decent technical knowledge. Miners or node operators which fail to participate in the upgrade will halt in an incompatible Chain ...

Ethereum Developers Can Now Have Technical Insight Into What to Expect In The Full Merge As Sepolia Testnet Beacon Chain Go Live

21Jun

By Cryptolifedigital2 Comments

Cryptocurrency

Ethereum Developers Can Now Have Technical Insight Into What to Expect In The Full Merge As Sepolia Testnet Beacon Chain Go Live

Ethereum ETHE/USD is one of the biggest blockchain networks in terms of market capitalization and utility within the circles of DeFi as well as NFTs. It has made way for a lot of use-cases because of its smart contract operability. Although its scalability has been limited by its Proof-of-Work (PoW) consensus mechanism, something the merge to Eth 2.0 aims to resolve. Read Also: Burn Rate Surged 162.98% As 216.30 Million SHIB Was Destroyed via 15 transactions In The Last 24 Hours. Ethereum developers can now have technical insight into what they should expect once the full merge comes as Sepolia testnet Beacon Chain has gone live and established the foundation for that purpose. It was announced on June 20th, 2022 in a tweet by Nethermind, https://twitter.com/nethermin...

Grayscale’s Ethereum Fund Is trading With A Huge Discount On NAV.

20Jun

By Cryptolifedigital3 Comments

Cryptocurrency

Grayscale’s Ethereum Fund Is trading With A Huge Discount On NAV.

Grayscale’s Ethereum and Bitcoin funds are trading with a huge discount on NAV due to the lack of demand and constantly occurring selling pressure. These make them tentatively attractive to the investors who have not yet received exposure to the market via spot assets. What is Grayscale Cryptocurrency Fund? This was one of the famous ways to receive eye-opening to the cryptocurrency market, and it was largely used by institutional investors long before the appearance of Bitcoin or even Ethereum futures exchange-traded funds, and presently, Ethereum fund by Grayscale gives large discounts on NAV. Read Also: Dogecoin's large transactions rose 68% Due To Whales' Activities. Reason for the Discount on Net Asset Value (NAV) Large selling pressure which c...