Ethereum Price Analysis: ETH Won’t Turn Short-term Bullish Till This Level Breaks

Ethereum

The ETH market currently resembles the sideways consolidation that is also taking place across all other cryptocurrency markets. Thinking of this phase as a prolonged accumulation period, many traders might suspect this structure as the bottom for Ethereum price, but let’s take a closer look. Macroeconomic factors still affect the market, while spot volume is … Read more

Ethereum 2.0 Staking Contract Now Holds 10 Million ETH

Ethereum

There’s now more than $25 billion betting on Ethereum’s most-anticipated upgrade. These deposits, which are parceled into batches of 32 ETH at a time, are now validators on the Ethereum Beacon Chain, the first step in the transition to the upgrade called Consensus Layer (formerly known as Ethereum 2.0). The most notable change following the … Read more

Ethereum Layer 2 Service StarkNet Goes Live on Alchemy, Promises 100x Lower Gas Fees

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In Brief StarkNet relies on ZK technology to process masses of transactions quickly and cheaply. A number of major crypto players, including Alchemy and Immutable, are already using it. Don’t look now, but there are signs that Ethereum’s high-gas-fee woes may be abating. Those high fees have long been a source of frustration for Ethereum … Read more

What Does Ethereum’s Move to Proof of Stake Mean for Its Price?

Ethereum

Ethereum is finally closing in on its shift to proof-of-stake, and changes to gas fees that should give its cryptocurrency a boost, analysts say — even as rival DeFi blockchains chase at its heels. After seven years of R&D, proof-of-stake is finally working on ethereum testnets and looking like it’s months away from final launch, … Read more

Ethereum 2.0: Is it Still Happening?

Ethereum

Ethereum Foundation, the non-profit that Ethereum guiding the development of the Ethereum blockchain, announced they won’t create an ETH 2.0 anymore. The Ethereum 2.0 rebranding efforts ended. Ethereum Foundation notes that the term “Eth2” “is being phased out in preparation for the merge.” The rebranding wants to avoid confusion and prevent scams due to multiple … Read more