Ethereum Price Grinds Lower And It’s Vulnerable to a Drop Below $1,500
Ethereum price struggled to clear $1,660 and reacted to the downside against the US dollar. ETH remains at risk of more losses
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Ethereum
Ethereum Foundation sold 1,700 ETH for USDC
The Ethereum Foundation — the non-profit organization dedicated to supporting Ethereum Ethereum (ETH) and related technologies — announced it had sold 1,700 ETH for USD Coin (USDC). According to an Oct. 9 tweet by blockchain data service Scopescan, the Ethereum Foundation just sold 1,700 ETH for about $2.76 million of the
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Ether (ETH) Prices Dropped as Ethereum Foundation Swaps $2.7M ETH on Uniswap
The Ethereum Foundation develops applications and programs for the Ethereum network, but isn’t an official entity or a centralized group that controls what happens on the chain. However, it remains very influential and can impact token prices or Ethereum’s inherent outlook among investors or developers. Source
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Ethereum Price Topside Bias Vulnerable Unless It Surges Past $1,665
Ethereum price is slowly moving lower toward the $1,600 support against the US dollar. ETH remains at risk of more losses unless
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Ethereum 2.0 upgrade has brought more centralization to the blockchain
JPMorgan Chase &. Co. has shed light on how the Ethereum network decentralization has decreased significantly since the Merge event and Shanghai upgrade went live. The rise of staking and centralization Since implementing the Merge and Shanghai upgrades, Ethereum has seen a substantial uptick in staking activities. Staking, a process where users lock
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3 reasons why Ethereum price can’t break $2K
The price of Ethereum's native token, Ether (ETH), has gained around 35% so far in 2023. But its attempts to break above $2,000, a psychological resistance level, have witnessed strong bearish rejections multiple times.ETH/USD daily price chart. Source: TradingViewLet's take a closer looks at the three likely reasons why Ethereum
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Is Ethereum Staking Boom A Ticking Time Bomb? JPMorgan Weighs In
Ethereum (ETH), a forerunner in the decentralized finance (DeFi) ecosystem, has seen a notable surge in its staking activities. This staking boom
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Flow proposes bridging to Ethereum via ‘gateway’
A new proposal has been suggested to create a “gateway” software that will enable transactions from Ethereum to be wrapped and submitted to Flow. If the community approves, the Flow (FLOW) ecosystem could soon support Ethereum-based decentralized applications (dapps). The proposal was published by Dieter Shirley, Dapper Labs co-founder and Lead Architect at Flow,
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Rise of Ethereum staking came at cost of higher centralization: JPMorgan
The rise of Ethereum staking since major network upgrades, Merge and Shanghai, has come at the cost of higher centralization and lower staking yields, a new report by JPMorgan said.JPMorgan’s analysts led by senior managing director Nikolaos Panigirtzoglou issued a new investor note on Oct. 5, warning about the risks
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Ethereum (ETH) Becomes Centralized with Staking Surge
The analysts stressed that centralization, whether caused by specific entities or inherent features of the protocol, presents significant risks to the Ethereum network. This In recent months, the Ethereum (ETH) staking ecosystem has witnessed significant growth following the implementation of the Merge and Shanghai upgrades, transitioning the network from proof-of-work to
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