🔸️Ethereum | Bitcoin & Altcoin News

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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2024-02-27 23:05:00 Ether Demand Is Driven by U.S. Investors, Data Shows

Ether's 11% rally in the past week was spurred by buying pressure in the U.S., data from CryptoQuant that tracks local exchange activity shows. A spike in demand from the regulated exchange Coinbase (COIN), most prominent in the U.S., preceded a jump in ether (ETH) prices, according to the "Coinbase premium," an indicator showing the gap between Coinbase's ETH/U.S. dollar pair and Binance's ETH/USDT pair.

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2024-02-27 13:29:01 Ether holds above $3,000 as ETH futures open interest hits all-time high on major exchanges

Daily open interest of ether futures on Binance and Bybit has reached an all-time high, according to The Block's Data Dashboard. Data indicate that among the top five derivatives exchanges, all except the Chicago Mercantile Exchange (CME) have broken all-time highs in terms of daily ether futures open interest. For instance, open interest on Binance has surged to a peak of over $3.30 billion, while on Bybit, it has reached $1.94 billion.

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