Tag: Ethereum
Critical Threshold for Ethereum: Beyond the $4,000 Level
Prominent cryptocurrency analyst Ali Martinez has once again highlighted the critical threshold of $4,000 for Ethereum. According to Martinez, this level has been a significant resistance point that has shaped Ethereum’s price movements for years. Ethereum’s Price Chart The chart shared by Martinez clearly illustrates Ethereum’s long-term price movements. The $4,000 level frequently presents a
The supply of Ethereum (ETH) has surpassed its peak from the last two years
Ethereum’s circulating supply has risen sharply over the past week, reaching levels not seen since February 2023. On-chain data shows that 12,353 ETH, valued at over $39 million, has entered the market in the last seven days. This increase, however, coincides with a decline in network demand, which has negatively impacted ETH’s overall performance. Impact
The price of Ethereum (ETH) is testing the support level of $3,000
Ethereum (ETH) price continues to approach the $3,000 threshold. The recent death cross on ETH’s EMA lines indicates an increasing bearish trend as sellers take control. According to a report by Beincrypto, if significant support levels are breached, ETH could test $2,927 or drop to $2,358, which has been its lowest point since November 2024.
ZachXBT uncovers $29 million SUI token exploit
In December 2024, blockchain researcher ZachXBT uncovered a significant security breach. This incident resulted in the loss of $29 million worth of SUI tokens. It highlights the ongoing risks faced by the blockchain industry. Details of the Attack On January 26, ZachXBT detailed an attack targeting a major holder within the Sui network. The attacker
Ethereum’s Joseph Lubin: Turkey is advancing towards leadership in the global blockchain market
Joseph Lubin, co-founder of Ethereum and CEO of ConsenSys, has highlighted Turkey’s significant progress toward becoming a leader in the global blockchain market. As we approach 2024, Lubin predicts a transformative year for the cryptocurrency landscape. This change is driven by recent approvals for Bitcoin and Ethereum Exchange-Traded Funds (ETFs) and a more favorable regulatory
Morpho Coin: Transform Your Transactions with Fast, Secure Cryptocurrency
Morpho Coin is rapidly gaining attention as a growing project within the decentralized finance (DeFi) ecosystem. Operating on the Ethereum blockchain, Morpho aims to make lending and borrowing processes more efficient. Let’s take a closer look at the innovative features of Morpho Coin and why it is becoming an important player in the DeFi space.
Vitalik Buterin Unveils Roadmap for Layer-2 Technology Development
Ethereum’s co-founder, Vitalik Buterin, has announced a groundbreaking roadmap focused on layer-2 (L2) solutions that aims to shape the future of the Ethereum network. This innovative L2 technology has successfully increased Ethereum’s transaction capacity by 17 times while significantly lowering transaction costs. In his announcement, Buterin highlighted the challenges the network faces, including scalability and