🔸️Ethereum | Bitcoin & Altcoin News

2024-03-04 22:10:01 Crypto Stocks Surge as Bitcoin Approaches All-Time Highs

U.S.-listed crypto companies showed healthy gains in pre-market trading on Monday as bitcoin {{BTC}} topped $65,000 for the first time since November 2021. With the world’s largest cryptocurrency's all-time high price of just over $69,000 firmly in its sights, crypto exchange Coinbase (COIN) gained over 6% while software company MicroStrategy (MSTR), which holds more than 190,000 BTC on its balance sheet, rose around 8.2% in pre-market trading.

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2024-03-04 12:55:00 EigenLayer’s total value locked surpasses $10 billion

The total value of assets deposited to EigenLayer has risen around tenfold from $1.1 billion year-to-date, reaching $10 billion at the time of writing—some 2.93 million ether. EigenLayer offers a protocol for users to deposit and “re-stake” ether from various liquid staking tokens, aiming to then allocate those funds to secure third-party networks. Part of the reason for this surge is the continued ether deposits on Eigen (primarily via liquid restaking protocols) coupled with the increase in ether’s price.

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2024-03-03 23:25:30 $906 Million Worth Of Ethereum Leave Exchanges Last Week

Exchange data has revealed continued bullish sentiment from Ethereum traders. According to IntoTheBlock, $906 million worth of Ethereum was withdrawn from crypto exchanges last week, indicating a holding mentality among investors. This massive exodus of ETH from exchanges could indicate that traders are anticipating higher prices and moving their holdings into private wallets for long-term storage.

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2024-03-03 11:02:01 Ethereum devs debate future of account abstraction

Ethereum’s Dencun upgrade is all set for March 13, as Thursday’s core developer call reiterated that client teams are all-systems-go for mainnet. Attention quickly returned to the candidates for inclusion in the next upgrade after Dencun, now referred to as Pectra — and specifically the Ethereum Improvement Proposals (EIP) that deal with issues of account abstraction.

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2024-03-02 23:15:37 Nigerian Government Imposes $10 Billion Fine on Binance

The Nigerian government has reportedly slapped the cryptocurrency exchange Binance with a $10 billion fine. According to a Nigerian government official, Binance is being punished for causing the local currency’s recent plunge against major currencies. These operations have reportedly contributed to the rapid depreciation of the naira in recent weeks.

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2024-03-01 19:20:28 Blackrock Launching Brazil's First Bitcoin ETF

Blackrock is launching Brazil’s first spot bitcoin ETF, the Ishares Bitcoin Trust BDR (IBIT39), on Mar. 1, initially available to qualified investors with plans to eventually open it to retail investors. The ETF aims to provide investors with regulated access to bitcoin and is part of Blackrock Brazil’s strategy to expand into the digital asset market, although it does not constitute an endorsement of crypto according to Country Manager Karina Saade.

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2024-02-29 23:30:59 Ethereum Tests $3.5K as Traders Set Higher Targets

Ethereum’s price has encountered intensified buying activity, driving a significant surge towards a pivotal resistance zone, notably the previous major yearly high at $3.6K. A detailed examination of the daily chart underscores Ethereum’s robust bullish momentum, as the price undergoes a substantial and impulsive upward movement, reaching the critical resistance area represented by the prior major yearly high of $3.6K.

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2024-02-29 13:15:22 Coinbase Adds 2 Software Programs for Ethereum Staking, to Reduce Concentration Risks

Coinbase, the publicly traded U.S. crypto exchange, said it's moving to help reduce risks on the Ethereum blockchain by adding support for two additional computer programs known as "clients" that users rely on to access and run the distributed network. Ethereum is heavily reliant on users running the Geth execution client, currently representing about 74% of all clients.

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2024-02-28 20:10:41 Ethereum has hit $3400+, a 50% increase in the last 30 days.

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2024-02-28 11:50:00 Ethereum devs confirm Dencun upgrade’s mainnet deployment, Grayscale calls it ETH’s ‘coming of age’ moment

Ethereum Foundation said the highly anticipated Dencun upgrade has been “successfully activated on all testnets” and is scheduled for deployment on the mainnet by Mar. 13 — at epoch 269568, according to a Feb. 27 statement. According to the Foundation, the upgrade will usher in significant changes, including introducing ephemeral data blobs with EIP-4844. This is also known as “protodanksharding” and is expected to reduce the blockchain’s Layer-2 network transaction fees.

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