Since the Merge in 2022, Ethereum has struggled to keep up with Bitcoin, failing to generate the bullish momentum that many analysts had anticipated. Despite several network upgrades, their effect on ETH’s price has been minimal, according to a research note by Matrixport. The Singapore-based blockchain firm stated that Ethereum’s ...
Bybit has introduced cmETH, a new liquid restaking token to improve Ethereum staking opportunities. To celebrate its launch, Bybit offers a limited-time 6% APR bonus for users who mint and hold cmETH via its On-Chain Earn service. The cmETH, developed by Mantle Network with the mETH Protocol, enables users to ...
Ethereum co-founder Vitalik Buterin has stated that the Ethereum Foundation (EF) is currently undergoing significant leadership changes, a process that has been in the works for nearly a year. Some aspects of the restructuring have already been implemented and made public, while others remain in progress. Buterin emphasized that the ...
The Animecoin Foundation will launch its native token, ANIME, on the Ethereum and Arbitrum networks in January 2024. The ticker is $ANIME. January 2025. Details below. pic.twitter.com/lccpWXg8hO — ANIME (@animecoin) January 13, 2025 This initiative comes nearly 10 months after the introduction of AnimeChain, a web3 network designed for anime ...
Phala Network has launched the first-ever Op-Succinct Layer 2 (L2) rollup on Ethereum, marking a significant breakthrough in blockchain scalability. This innovative solution, developed in collaboration with Succinct Labs and Conduit, combines Optimistic Rollups with Zero-Knowledge Proofs (ZK) to provide faster and more cost-effective scaling for Ethereum. Phala aims to ...
A recent survey by News1 indicates that South Korean cryptocurrency investors have again shown a strong preference for Bitcoin, which remains the most preferred digital asset, with Ripple (XRP) now in second place, surpassing Ethereum (ETH). The survey was conducted on the blockchain-based voting platform, The POL, from December 24 ...
Bybit and analytics platform Block Scholes reported that Bitcoin perpetual swap open interest remained steady during the year-end expirations. This stability was unexpected, as options close to expiration often lead to significant price fluctuations. The report indicates that traders exercised caution while maintaining confidence in the stability of their options, ...
2024 has been nothing short of historic for the cryptocurrency industry. The year delivered groundbreaking milestones, shocking developments, and transformative shifts that reshaped the landscape of digital assets. As the year closes, let’s reflect on the top 10 events that dominated headlines and their profound impact on the crypto ecosystem. ...
Ethereum’s transaction speed could receive a significant boost, with nearly 65% of its transactions potentially being processed in parallel, according to new research. Analysts at Sei, a layer-1 network, revealed in a December 27 blog post that most Ethereum transactions are independent and could be executed simultaneously, enhancing network efficiency ...
In a decisive move that has reshaped its cryptocurrency strategy, Hong Kong-based online gaming company Boyaa Interactive has emerged as Asia’s largest corporate Bitcoin holder. The company recently converted 14,200 Ethereum (ETH), worth about $49.48 million, into 515 Bitcoin (BTC), bringing its total Bitcoin reserves to an impressive 3,183 BTC. ...
