Ethereum and Cardano register gains; analysts’ focus shifts to NUGX token

[ad_1] Ethereum and Cardano remain stable and show growth in the crypto market downturn. NuggetRush token emerges as a promising altcoin with play-to-earn gaming features. Cardano prioritizes security and scalability for smart contracts, while Ethereum faces technical challenges but maintains its commitment to decentralization. Amidst a recent downturn in the cryptocurrency market, Ethereum (ETH) and […]

U.S. SEC calls for public input on spot Ethereum ETF applications

[ad_1] SEC opens a comment period for Ethereum ETFs from Grayscale, Fidelity, and Bitwise. Analysts less optimistic about approval following SEC’s bitcoin ETF greenlight. May 23 deadline for SEC’s final decisions on ETF applications approaches. The U.S. Securities and Exchange Commission (SEC) has opened the window for public comments on three proposed spot Ethereum exchange-traded […]

COTI unveils V2 Whitepaper for enhanced Ethereum confidentiality

[ad_1] COTI Network launches V2 Whitepaper for Ethereum, boosting confidentiality. The V2 whitepaper unveils innovative features including Garbling Protocol and gcEVM for secure transactions. COTI token has dropped 7% in spite of this key development. COTI Network, a leading Layer-2 scaling protocol on Ethereum, has launched its highly anticipated V2 Whitepaper, aiming to revolutionize confidentiality […]

Ethereum Open Interest Has Reached A New All-Time High

[ad_1] Ethereum has, for the most part, established a foothold above the $3,500 price level throughout the week as investors continue to anticipate a return to the $4,000 mark. Interestingly, the optimism has seen the open interest of Ethereum surging to new highs. The surge in open interest, although a bullish sentiment indicator, can also […]

Polygon PoS Sidechain leads Ethereum’s scaling revolution with Napoli hard fork

[ad_1] Polygon PoS implements Napoli hard fork, integrating Dencun upgrades and RIP-7212. RIP-7212 introduces precompile support for secp256r1 curve, enhancing interoperability. The collaborative effort among Layer 2 projects signals a collective push for Ethereum scaling. Polygon PoS sidechain has propelled Ethereum’s scalability efforts with the successful execution of the Napoli hard fork, marking a significant […]

‘Dencun’ Upgrade Officially Deployed On Ethereum Mainnet, ETH Price Holds Steady Below $4,000

[ad_1] Ethereum (ETH) has completed a major software upgrade, Dencun, that promises to make utilizing the network ecosystem more cost-effective. This update specifically targets Layer 2 (L2) networks, such as Arbitrum (ARB), Polygon (MATIC), and Coinbase’s Base, which are interconnected with Ethereum.  With Dencun, transaction costs on these networks have significantly decreased, with fees dropping […]

Crypto Analyst Sets New $5,000 Target

[ad_1] Ethereum is currently looking to gain a strong footing above the $4,000 price level as bullish momentum continues to dominate. According to crypto analyst Ali Martinez, this bullish momentum could continue and Ethereum could as well reach $5,000 very soon. Ali Martinez made this known while citing data from IntoTheBlock, noting that the second […]