Ethereum Merge Takes Place on Kiln Testnet
Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network. Source
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Ethereum News
Will Ethereum Give In To Bears?
In 2022, ethereum has been in a bearish trend. It has dropped 40% year to date, far more than the average cryptocurrency. ETH has a long history of being one of the best-performing cryptocurrencies. Since its introduction in 2016, it has largely outperformed Bitcoin, resulting in a narrowing of the market
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Ethereum Gas Fees Hit 8-Month Lows As Price Continues To Struggle
Ethereum gas fee had run-up to some of the highest levels back in 2021. Mostly, this was caused by the growth of the decentralized finance (DeFi) and non-fungible tokens (NFTs) space that saw activity on the network spike significantly. This had continued for the better part of the year but
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$450M Raise Values Ethereum Builder ConsenSys at $7B as MetaMask Tops 30M Users
The firm’s new valuation coincides with its flagship Ethereum wallet and browser extension, MetaMask, reaching over 30 million monthly active users, while Infura, a widely used infrastructure tool created by ConsenSys, now boasts some 430,000 developers, according to a press release on Tuesday. Source
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Abra CEO Predicts Ethereum Could Reach $40,000
Bill Barhydt, the CEO and inventor of the well-known cryptocurrency wallet service Abra, outlined why he believes Ethereum is a much better investment than Bitcoin. He has also set a price prediction of $40k for ETH, indicating his confidence in its future development. He also noted that Ethereum is utilized for a
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Terra (LUNA) Surpasses Ethereum Becoming Second Most Staked Asset
Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source reported this data showing that Terra’s LUNA coin passed the Ether coin, which currently has more
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Ethereum Crosses $5 Billion In ETH Burned As Momentum Picks Up
Ethereum implemented the EIP-1559 in 2021 and since then, ETH has been burned every day. This upgrade has pushed the network towards becoming deflationary, taking more than 30% that would have gone straight into circulation and burning it. Now, only seven months after the upgrade was implemented, the network has
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The Promise of 'Stateless Ethereum'
The introduction of stateless clients should make running an Ethereum node easier than ever, leading to true decentralization and resilience of the network. Source
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Kava Deploys Ethereum Developer Support on Testnet
EVM support on Kava will allow Ethereum developers to deploy dapps to Cosmos, which has been steadily gained popularity among users. Source
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Ethereum Breaks Barrier, A Strengthening Case for More Upsides
Ethereum started a decent increase above the $2,600 resistance against the US Dollar. ETH price is gaining pace and could even rally above the $2,720 zone. Ethereum formed a base above $2,500 and started a fresh increase above $2,600. The price is now trading above $2,600 and the 100 hourly simple moving
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