🔸️Ethereum | Bitcoin & Altcoin News

2024-03-11 18:41:22 Join the Top Telegram Crypto News Channel: Cryptocurrency Inside!

Discover the latest in crypto:
- Up-to-Date News: Stay informed with the newest updates.
- Onchain Analytics: Gain deep insights from blockchain data.
- Market Updates & Insights: Keep track of important market trends.

Join Our Active Community: Engage with fellow crypto enthusiasts.

Join now: @Cryptocurrency_Inside

#CryptoCommunity #Blockchain #CryptoNews #MarketInsights Open / Comment

2024-03-11 15:25:59 Sponge V2 is the next big meme coin by the original Sponge team with great utility including play to earn. Bridging from V1, it boasts a strong foundation with 11,300 holders. After V1's 10,000% surge, V2 aims for even higher.


Why choose Sponge V2 ?
Gain early access to a project with a previous track record of success in V1
Capped supply, so be one of the lucky ones to get in!
Earn tokens by staking your V2 and V1 tokens
Explore additional earning opportunities through play-to-earn gaming
Sponge V2 utilises LayerZero for cross-chain access to enhance usability


SPONGE V2 BUY NOW:
1. Visit Sponge.vip
2. Connect your wallet
2. Buy Sponge V2
3. Stake your V2 and V1 tokens
4. Check the staking V2 dashboard for your earnings. Open / Comment

2024-03-10 20:32:01 No ‘Flippening’ Expected, but Ethereum Poised to Outperform Bitcoin: VanEck Executive

The introduction of spot Bitcoin ETFs has attracted a fresh influx of investors, driving a notable increase in trading volume. This trend has generated a wave of optimism that extends beyond Bitcoin itself. But this hasn’t made the launch of a spot Ethereum ETF any earlier as the US Securities and Exchange Commission (SEC) is currently evaluating the possibility of such a fund. Despite the uncertainty, experts appear to be bullish on the trajectory of the world’s largest altcoin.

Source

ETH | BTC & ALTCOIN News Open / Comment

2024-03-10 14:29:44 #Market Update:

BTC is currently above 69k level which is a bullish sign for the further bullish momentum BTC needs a weekly closure above it

The Next week Major events :
-US CPI tomorrow
-US PPI and Retail sales day after tomorrow

As we have a weekly closure tonight and major events coming so volatility is expected trade cautiously and must use Sl.

@ChartsSignalsTrading Open / Comment

2024-03-10 10:37:00 Over half a billion dollars in Ethereum has been burnt in the past month, ETH holders await Spot ETF approval

Ethereum price hit a new high of $4,012 for the first time since late December 2021, marking a key milestone for the altcoin ahead of its key upgrade. Ethereum holders are awaiting the upcoming Dencun upgrade, the most significant development since the altcoin’s migration to Proof-of-Stake. Ethereum had a major developmental milestone when it migrated from Proof-of-Work consensus mechanism to Proof-of-Stake, marked by the Merge.

Source

ETH | BTC & ALTCOIN News Open / Comment

2024-03-09 19:55:22 Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock

The Ethereum network's revenue surged to nearly two year highs this week as the speculative frenzy with meme coins boosted blockchain activity, IntoTheBlock noted in a Friday market report. IntoTheBlock data shows that Ethereum mainnet's revenue from network fees reached $193 million this week, the highest figure since May 2022 and a 78% increase from last week.

Source

ETH | BTC & ALTCOIN News Open / Comment

2024-03-09 10:05:15 Grayscale, Coinbase meet with SEC about spot ether ETFs

Grayscale and Coinbase held another round of talks with federal regulators this week, making headway in the companies' plans to launch an ether spot exchange-traded fund. The companies on Wednesday attempted to assuage the Securities and Exchange Commission (SEC) concerns about the safety of a spot ether ETF, which would expose investors to the price movements of the second-largest cryptocurrency by market cap.

Source

ETH | BTC & ALTCOIN News Open / Comment

2024-03-08 21:29:02 Ether Hits $4K for First Time in More Than Two Years

Ether (ETH), the second-largest cryptocurrency by market value, hit $4,000 for the first time in more than two years on Friday. The cryptocurrency had been climbing over the past few months alongside bitcoin, which reached record highs March 5. The last time ether was this high was Dec. 28, 2021.

Source

ETH | BTC & ALTCOIN News Open / Comment

2024-03-08 12:01:19 Lack of staking yield in Ethereum ETFs could potentially reduce their appeal, BitMEX analysts opine

Amid ongoing speculation surrounding the prospect of a spot ether ETF launching in the U.S. this year, whether it offers yield from staking on the Ethereum network is a crucial factor in its success, BitMEX Research analysts noted. Staking rewards on Ethereum — currently yielding around 3.7% — are incentives received for locking up ether to support the operation and security of the blockchain network — a key differentiator from Bitcoin.

Source

ETH | BTC & ALTCOIN News Open / Comment

2024-03-07 20:50:00 Bitcoin's Hash Price Soars as Average Network Fees Spike by 288%

According to the latest data, bitcoin has been trading above the $67,000 mark, with average network transaction fees experiencing a 288% increase from $3 to $11.64 since Feb. 25, 2024. Meanwhile, BTC has consistently stayed over the $60,000 level for eight straight days, elevating the daily value of one petahash per second (PH/s) of mining power to a seven-day high of $119 on March 4, 2024.

Source

ETH | BTC & ALTCOIN News Open / Comment