Ethereum developers are getting closer to launching Dencun, but some experts are not confident that the upgrade will deliver on its promises. Days before Dencun was deployed to the Ethereum mainnet, two industry veterans offered differing opinions on the impact of this highly anticipated upgrade amid the soaring Ether (ETH) price. The hype and euphoria in the cryptocurrency market pushed ETH to a two-year high, with the cryptocurrency surpassing $4,000 for the first time since late 2021, the peak of the previous bull cycle. Core DAO, Wormhole Expert on Ethereum Upgrades Ethereum developers said Dencun will implement expanded data availability…
Author: Crypto Flexs
Welcome to the ultimate guide on how to achieve financial freedom with WMCoin, the revolutionary cryptocurrency that is changing the way we think about money. In this article, we will look at what WMCoin is, how it works, and how you can use it to achieve financial independence. From a basic understanding of cryptocurrency to advanced trading strategies, this guide contains everything you need to start your journey to financial freedom. What is WMCoin? WMCoin is a decentralized cryptocurrency created with the goal of providing a secure and efficient way to transfer value online. Unlike traditional currencies controlled by governments…
According to data from ultrasonic.money, the Ethereum network has seen its supply drop by 417,413 ETH since switching to a proof-of-stake (PoS) consensus mechanism in September 2022. In the 540 days following The Merge, 1,509,991 ETH was burned and the network minted 1,092,578 new ETH, a net decrease.As of press time, the market value of ETH removed from supply is $1,653,797,635, representing an annual inflation rate of -0.23%.Ethereum issued after The Merge (Source: ultrasonic.money)On the other hand, Bitcoin supply increased by 1.716% during the same period. This highlights the different monetary policies of the two largest cryptocurrencies, as Bitcoin maintains…
Due to the recent security incident, Arbitrum price immediately started to trend lower and is targeting the nearest support level of $1.70. A further plunge could push the price down to the second support level at $1.45. Nonetheless, neutral indicators of RSI and Stochastic Oscillator suggest balanced market sentiment. A retracement could occur soon as the 10-day SMA is hovering at $1.99. In the long term, this incident can be viewed as an opportunity. This event will allow Arbitrum to strengthen its security and increase investor confidence. The MACD signal suggests a buy and the 100-day SMA is $1.68, indicating…
Posted 1 minute ago In ~ Updated: March 8, 2024, 2:05 PM EST Grayscale and Coinbase held another round of talks with federal regulators this week, making progress on plans to launch an Ethereum spot exchange-traded fund. The companies on Wednesday attempted to allay concerns from the Securities and Exchange Commission (SEC) about the safety of a spot ether ETF that could expose investors to price fluctuations in the second-largest cryptocurrency by market capitalization. Grayscale is undergoing a failed conversion. Ethereum ETH +1.17% Trust in ETFs is a move that could further expand investor access to cryptocurrency-based investment options. Coinbase’s…
Want to increase your passive income with Bitcoin and cryptocurrencies? Want to know the fastest way to activate the Bitcoin income you’re currently receiving? As the popularity of cryptocurrencies surges, there are more opportunities to earn passive income. The goal of generating residual income with Bitcoin is to make money on an ongoing basis without your active participation.Instead of taking on excessive trading risks, putting in time-consuming effort, or letting your Bitcoin sit idle, you can now use it for as long as you want. Set up the situation gradually. As you explore the different strategies to profit from cryptocurrency…
join us telegram A channel to stay up to date on breaking news coverage bitcoin price went up Bitcoin is up 1% over the past 24 hours to $67,928 as of 8:50 a.m. ET, as the king of cryptocurrencies continues to ride a wave of Bitcoin exchange-traded fund (ETF) liquidity. This is what CryptoQuant CEO Ki Young-joo says to his 335,600 followers. on Traditional financial investors are accumulating approximately 6,896 BTC per day. “I have accumulated 103,726 BTC in the last 7 days,” said Mr. Ki. “This is an unprecedented level of accumulation.” If investors continue to buy BTC at…
BAVARSIS EXCHANGE Achieves a new leap forward – Chainwire We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the legitimate purpose of storing preferences that have not been requested…
friend, Today we’re excited to announce some important updates to the Devcon4 website, and with that we wanted to reveal a little bit about our ticketing and discount process, and more! To apply for scholarships and builder and student discounts: now open! By accelerating this process for builders, students, and potential scholars before general tickets are released, we hope to expedite approvals and help Devcon grow more diverse, accessible, and equitable even as demand increases. then July 9, 2018The first round* of general ticket sales begins. To avoid tickets being sold in bulk or scooped up by the fastest hand,…
Ethereum price expanded its rise to $3,950. ETH is now consolidating gains and could target a move above the $4,000 resistance. Ethereum traded at a new multi-month high above $3,940. The price is trading above $3,850 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a short-term bullish flag pattern with resistance at $3,830. A break above the $3,940 resistance area could resume the advance. Ethereum price still maintains strong upward trend Unlike Bitcoin, the price of Ethereum continued to rise above the $3,850 level. BTC failed to extend…