Tag: ETH

Top US Crypto Exchange Coinbase Adds New Ethereum (ETH) Layer-2 Scaling Protocol to Listing Roadmap

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Coinbase added the new native asset of an Ethereum (ETH) layer-2 scaling protocol to its listing roadmap on Friday, putting the token on the potential path to trading on the top US crypto exchange. Zksync (ZK), the newest addition to the listing roadmap, bills itself as “an ever-expanding verifiable blockchain network, secured by math.” The project is a ZK rollup, one of the two main types of rollup solutions that execute transactions outside of Ethereum’s blockchain but record the transactional data. ZK rollups run computations off the chain and then…

Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles

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Este artículo también está disponible en español. Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. Related Reading This dramatic drop has left investors and traders questioning the reasons behind Ethereum’s struggle. A recent report from CryptoQuant offers some clarity, pointing to several factors that may…

Solana (SOL), ETH Stumble as Mpeppe Builds Aggressive Momentum

Este artículo también está disponible en español. The cryptocurrency market has been on a rollercoaster ride in 2024, with major altcoins like Solana (SOL) and Ethereum (ETH) grappling with intense volatility. While these top-tier projects have been struggling to maintain their positions, Mpeppe (MPEPE), a rising meme coin, has gained aggressive momentum, attracting investors looking for more dynamic opportunities. Solana (SOL)’s Struggles in 2024 Solana (SOL), once heralded as a breakthrough blockchain for its speed and scalability, has encountered significant hurdles in recent months. Despite being one of the top…

Bitcoin Price (BTC) Rose 0.5% While Ether Price (ETH) Gained 0.9%

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Weeks After Ether ETF Debut, ETH Market Liquidity Down 20%

“Although the market liquidity for ETH pairs on centralized exchanges remains greater than what was at the beginning of the year, the liquidity has dropped by nearly 45% since its peak in June,” Jacob Joseph, a research analyst at CCData, told CoinDesk in an interview. “This is likely due to the poor market conditions and the seasonality effects in the summer, often accompanied by lower trading activity.” Source BitcoincryptoexchangeExchanges CryptoX Portal

Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?

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Este artículo también está disponible en español. Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin and other altcoins like Solana this cycle, leading to investor concerns.  Related Reading One of the key reasons for this underperformance is the lack of enthusiasm surrounding Ethereum ETFs. Metrics from these funds show low interest from traditional investors, adding to the bearish sentiment around ETH.  As the crypto market is gripped by fear and uncertainty, Ethereum traders are searching…

Bitcoin Price (BTC) Fell 2.2% While Ether Price (ETH) Dropped 2.4% as the Coindesk 20 Trends Downward

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Another 7 Day 5.44% Low For ETH As Whales Shift Towards This 100x Meme Bomb

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Este artículo también está disponible en español. Ethereum (ETH), often hailed as the king of altcoins, has been experiencing a tumultuous period recently. Over the past seven days, Ethereum has dropped by 5.44%, causing concern among investors and enthusiasts. Despite being one of the most established and widely used cryptocurrencies, Ethereum’s recent performance has not been encouraging, leading many to wonder whether it can maintain its dominance in the rapidly evolving crypto space or will the thrown be passed on to new comer meme coin Mpeppe (MPEPE). A New Contender:…

Crypto Exchange Hacker Moves $6,500,000 in Ethereum (ETH) to Digital Asset Mixer Tornado Cash: PeckShield

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An address connected to the hack of Indian crypto exchange WazirX is suddenly moving millions of dollars in Ethereum (ETH), according to the cybersecurity firm PeckShield. PeckShield says that the hacker transferred the ETH stash to Tornado Cash, a coin-mixing service that facilitates anonymous digital asset transactions. “WazirX Exploiter-labeled address has transferred 2600.1 ETH (worth ~$6.5 million) to Tornado Cash…” Source: PeckShield/X The stolen ETH was part of the July 18th hack of WazirX, which resulted in the theft of more than $230 million in digital assets. Blockchain tracking firm…