Shibarium Blockchain's Ethereum Bridge Goes Live for Testing as SHIB Tries to Shed Meme Coin Tag
The Shiba Inu-based layer 2 blockchain is expected to start operations next month. Source
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Ethereum News
Ethereum Price Recovery Could Soon Fade If It Fails To Clear $1,900
Ethereum price is recovering above the $1,850 zone against the US Dollar. ETH could restart its decline if there is no move above the $1,900 resistance. Ethereum is slowly moving higher above the $1,850 zone. The price is trading above $1,870 and the 100-hourly Simple Moving Average. There is a key bullish trend
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Ethereum (ETH) Buy Signal With 78% Accuracy Flashes
After Ethereum (ETH) once again failed to break the $2,000 level in the 1-day chart, the price has been on a downward slide in recent days. However, this could now change, as a historically accurate trend indicator shows. Crypto traders and analysts constantly seek reliable indicators to navigate the turbulent market.
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Ethereum Price Poised for Further Declines Unless this Level Gives Way
Ethereum price is recovering from the $1,830 zone against the US Dollar. ETH could extend its decline if it stays below the $1,880 resistance. Ethereum is slowly moving higher from the $1,830 zone. The price is trading below $1,870 and the 100-hourly Simple Moving Average. There is a short-term bullish rising channel forming
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Ethereum ICO Participant Transfers $116M ETH After 8 Years of Dormancy
Ether posted nominal gains in the past 24 hours alongside the broader market. Source
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Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum
The existential change could simplify liquidity sharing between Celo and Ethereum while boosting security and facilitating a seamless developer experience, according to the post. Celo already runs the Ethereum Virtual Machine, which means it supports smart contracts in a language similar to what Ethereum developers use to write code. Source
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Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum 'Universal Settlement Layer'
With funding from the foundation that oversees development of the Metis layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups into one. Source
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What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?
Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually downloading them. The concept might offer an alternative to Ethereum’s own proposed "danksharding" solution, seen
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Coinbase (COIN) Adds Ability to Direct Message Any Ethereum (ETH) Crypto Wallet
“Coinbase is enabling users to easily port their conversations from any of the ~450 applications built on XMTP to Coinbase Wallet,” said Director of Product Management Siddharth Coelho-Prabhu. “Its infrastructure allows Coinbase Wallet messages to be fully permissionless and interoperable while giving users the freedom to fully own their messages
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Ethereum Layer-2 Blockchain Starknet ‘Quantum Leap’ Upgrade Goes Live, for Speedier Transactions
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