In what would come as a surprise to some, Cardano has emerged victorious in a recent poll that sees ADA beat out both Ethereum (ETH) and Solana (SOL). Indeed, cryptocurrency rating agency Weiss Crypto shared a poll on X (formerly Twitter) that saw Cardano dominate the competition. The outcome is rather surprising considering the status…
September 16, 2024 at 05:28 PM GST updated: September 16, 2024 at 04:08 PM 2 mins read News James Fickel lost $43.7M in BTC/ETH trades, highlighting how volatile market conditions can hit even top crypto investors hard. Despite his expertise, Fickelâs $132M debt and $43.7M loss show the risks of betting on ETH when market…
Very few traders have the foresight to ride a cryptocurrency from its low to its peak, but when they do, itâs worth paying attention. One expert investor who recognized Ethereumâs potential, profiting as it soared from $200 to nearly $4,800, has now shifted focus to Rexas Finance, a promising new altcoin currently priced under $0.10….
Standard Chartered has received approval from the Dubai Financial Services Authority to offer crypto custodial services for Bitcoin and Ethereum. Executive Bill Winters emphasized the bankâs confidence in the future of digital assets, viewing them as a transformative force in finance. In the latest development, the Dubai Financial Services Authority has given the green flag…
September 11, 2024 at 07:10 PM GST updated: September 11, 2024 at 05:38 PM 3 mins read News Render decentralizes graphics rendering, reducing costs and improving efficiency for users. Ethereum powers decentralized apps and smart contracts, evolving with Ethereum 2.0 upgrades. Cardano focuses on sustainable blockchain technology with a research-driven approach and peer-reviewed methods. The…
Ethereumâs price drops 1.32%, trading at $2,337.21 amidst significant market activity. Ethereum ETFs see $11.44M inflow after five days of net outflows. Ethereum is trading at $2,329, according to CMC data, reflecting a slight decrease of 1.32% over the last 24 hours. Ethereum, the second-largest cryptocurrency by market capitalization, has faced notable pressure amid broader…
September 11, 2024 at 03:28 PM GST updated: September 11, 2024 at 11:08 AM 2 mins read News WazirX hacker moves $23M in ETH, sparking fresh security concerns as 5,000 ETH is routed through Tornado Cash. The hacker now holds 49,100 ETH worth $115M, raising global calls for stricter crypto exchange security measures. Tornado Cash…
Este artĂculo tambiĂ©n estĂĄ disponible en español. Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum…
Ethereumâs price has dropped nearly $1,000 since July 30th, with the RSI indicating it is in oversold territory. Significant sell-offs and ETF outflows are contributing to Ethereumâs current bearish trend. Ethereum has been experiencing a bearish momentum since the 30th of July. It declined drastically from $3,361 to $2,398. This is approximately a $1000 difference….
September 3, 2024 at 04:35 PM GST updated: September 3, 2024 at 04:04 PM 2 mins read News Ethereum faces bearish pressure with a recent Death Cross signaling potential price drops. Resistance at Fibonacci levels and a wedge breakdown reinforce the bearish trend. Increasing ETH reserves on exchanges suggest a distribution phase, impacting demand and…
Over the past five years, Ethereumâs research team has expanded by 2,100%, growing from 25 members in 2019 to 550 in early 2024. Ethereum now leads the industry with over 2,788 active developers as of July 2024, reflecting its significant progress. Over the last five years, the worldâs second-largest cryptocurrency Ethereum (ETH) has witnessed remarkable…
August 30, 2024 at 12:20 PM GST updated: August 30, 2024 at 11:57 AM 2 mins read News If youâre eyeing some promising altcoins for the long haul, Ethereum, Polkadot, and Polygon should be on your radar. These three projects stand out for their innovative tech and their potential to reshape the crypto landscape. Letâs…
August 28, 2024 at 06:27 PM GST 2 mins read News The recent purchases of Ethereum by Coinbase at lower prices have led to debate on the market turning bullish as open interest in Ethereum futures undergoes a steep drop. Current funding rates for Ether suggest a bearish sentiment, though the situation may result in…
August 27, 2024 at 05:17 AM GST updated: August 26, 2024 at 08:03 PM 2 mins read News With the cryptocurrency market evolving, several coins promise potential growth by 2024. Due to their new technologies, applications, and high community demand, these altcoins are gaining investorsâ attention besides Bitcoin and Ethereum. This article will discuss five…
August 27, 2024 at 04:17 AM GST updated: August 26, 2024 at 07:54 PM 3 mins read News Despite the evolving cryptocurrency market, there is a growing demand for promising digital currencies. Some specific cryptocurrencies will make headlines in the coming year thanks to their distinct technologies and enhanced performance. The following article outlines ten…
As we look ahead to 2024, the cryptocurrency landscape is poised for potential shifts in dominance. While Solana (SOL) and Ethereum (ETH) have been major players, other altcoins are also vying for top positions. Pawfury (PAW), Solana (SOL), Ethereum (ETH), NEAR Protocol (NEAR), and Polkadot (DOT). Each of these projects presents unique features and challenges…
The March Ethereum Dencun upgrade led to a sharp surge in L2 transaction activity, which triggered a significant increase in transaction failures from addresses driven by bot usage. For instance, Base experienced a 41.6% failure rate, with Arbitrum and OP mainnet seeing failure rates of 20.87% and 12.85%, respectively. Following the Ethereum Dencun upgrade in…
đ Stay Ahead with AltcoinDaily.co! đ Ethereum Dencun upgrade, which took place in March, has led to an unexpected surge in transaction failures across layer-2 networks, according to recent findings. In an August 21 analysis, titled â150 Days After Dencun,â Galaxy noted the implications of the upgrade. The upgrade, which introduced data blobs via Ethereum…
Vitalik Buterin highlights the threat of bribery in Dark DAOs and proposes cryptographic solutions. The integration of voting pools and zero-knowledge proofs in DAO could mitigate the risks of corruption. The concept of Decentralised Autonomous Organizations (DAOs) has revolutionised how communities and projects govern themselves. However, as the landscape…