Ethereum

A leading crypto analytics firm is suggesting that Fantom (FTM), a top Ethereum (ETH) rival, is only in the beginning stages of a major rally. Smart contract platform Fantom is trading for $0.635 at time of writing, up 27% in the last 24 hours, and up over 164% since 2023 began. Leading crypto analytics firm Santiment says FTM has more than just short-term strength – they see promising long-term signs in FTM’s recent movements, as well. “If you dipped your toes in Fantom at… Source link

Ether (ETH) has been struggling with the $1,680 resistance since Jan. 20. Still, the ascending triangle pattern and improvements in investor sentiment in ETH derivatives provides hope that Ether price could reach $1,800 or higher by the end of February. This, of course, depends on how the Ether price behaves as it reaches the pattern deadline by mid-February.  Ether/USD price index, 12-hour. Source: TradingView From one side, traders are relieved that Ether is trading up 33% year-to-date, but… Source link

Join the most important conversation in crypto and web3! Secure your seat today Ethereum layer 2 scaling system Optimism on Wednesday proposed a mainnet upgrade to boost performance and functionality, accelerating the rally in its governance token OP. “The Optimism Foundation is proud to propose the first protocol upgrade to the Optimism Collective: Bedrock,” the proposal floated in the governance forum said. “This upgrade offers a new level of modularity, simplicity, and Ethereum equivalence… Source link

Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 48% of panelists think ETH will overthrow BTC as the number one cryptocurrency Nearly a quarter of panelists (24%) think ‘the flippening’ will happen as soon as 2025 PRESS RELEASE – Ether is bound for another volatile year in 2023, according to Finder.com‘s latest Ethereum Price Predictions Report.  Finder’s panel of 56 fintech and cryptocurrency specialists think ETH will go as high as US$2,474… Source link

The non-fungible token (NFT) project by former U.S. President Donald Trump has helped its host network, Polygon, outsell Ethereum on the leading NFT marketplace OpenSea for the second straight month, according to transaction data. See related article: New Bitcoin protocol may shake up the NFT market Fast facts According to blockchain data aggregator Dune Analytics, there were 1.3 million Polygon NFTs sold in December and 1.5 million in January, while Ethereum’s numbers for those same months… Source link

In January, ETH’s supply decreased by 10,145.72 units. February might be marked by a price decline.  According to data from Ultrasound Money, in January, Ethereum’s [ETH] supply decreased by 10,145.72 units, resulting in a net deflationary value of approximately $16 million. As of this writing, the current total supply of ETH stood at 120,515,752, with an annual growth rate of -0.012%.  Source: Ultrasound Money Read Ethereum’s [ETH] Price… Source link

Ethereum’s next big upgrade, Shanghai, is on the horizon for March. The Shanghai hard fork will implement further improvement proposals for the Ethereum network as well as enable Ether (ETH) stakers and validators to withdraw their assets from the Beacon Chain. At the time of writing, staked ETH represents approximately 14% of the total supply, or 16 million coins. It equates to over $25 billion at ETH’s current price, a substantial sum that will gradually become liquid following the… Source link

“Despite our best attempts to be decentralized and secure, we know that, like any entity, there will always be attack surface,” wrote the pseudonymous node operator Valdorff in the proposal. “The only thing we can do to ensure the safety of the Ethereum network is to avoid being a single point of failure by limiting our size.” Source link

Cool Cats was one of the hottest profile picture projects to come out of the late 2021 NFT market boom, but prices declined sharply last year as collectors’ gripes piled up. Today the founders behind the project unveiled a new path forward with refreshed branding—and future expansion beyond Ethereum with customizable, full-body avatars. “With our new strategic direction and rebrand, we want to convey to the community and the broader Web3 space that Cool Cats is here to stay,” Cool… Source link

TEL-AVIV, ISRAEL / ACCESSWIRE / February 1, 2023 / Israel’s most successful web3 businesses have come together to organize the first annual ETHTLV, which will run from February 1 to 9 in Tel Aviv. The inaugural event aims to invigorate the country’s thriving startup community, establish the community’s foothold in the global web3 scene, and discuss the steps web3 must take to onboard the next billion users. MarketAcross, Wednesday, February 1, 2023, Press release picture Attendees of the… Source link