Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Traders are becoming excited as the Bitcoin (BTC) market has gathered bullish momentum again. The bullish trend has helped Ethereum (ETH), which has recovered the $2,000 level. A leading analyst has predicted when ETH will establish a new all-time high, and the latest increase has been greeted with optimism. For Cardano (ADA), a possible breakthrough has been anticipated in the upcoming days. Meanwhile, Everlodge has remained at the forefront…
Tag: ETH
CF Benchmarks Introduces ETH Staking Reward Rate
According to the announcement, the inaugural CF ETH Staking Reward Rate will have four initial SSP contributors which include Kiln, Staked, Figment, and Blockdaemon. In response to the growing demand for a reliable and daily realized Ethereum (ETH) staking reward rate, CF Benchmarks has unveiled the CF ETH Staking Reward Rate (ETH_SRR). This marks the inaugural benchmark in the CF Staking Series, designed to provide a precise measure of the economic incentives associated with Ethereum as a Proof of Stake (PoS) blockchain. Understanding CF Benchmarks’ Ethereum Staking Incentives CF Benchmarks…
CME-Listed Bitcoin (BTC), Ether (ETH) Futures Flash a Rare Bullish Signal
A futures contract is a legal contract to buy or sell the underlying asset at a predetermined price at a specified future date, called the expiry date. Usually, futures markets are in contango, a term used to describe when the price of futures rises above spot, with further-out futures drawing higher than nearer-expiration futures. An increase in buying pressure often causes the contango to widen. Source
Ethereum Bears Keep Pressing, Why ETH Price Might Revisit This Key Support
Ethereum price is moving lower from $2,130. ETH is showing a few bearish signs and might decline toward the $1,920 support zone. Ethereum is slowly moving lower below the $2,060 zone. The price is trading below $2,060 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down toward the $1,920 support zone. Ethereum Price Extends Decline Ethereum price started a fresh decline after it struggled…
Researchers at ETH Zurich created a jailbreak attack that bypasses AI guardrails
A pair of researchers from ETH Zurich, in Switzerland, have developed a method by which, theoretically, any artificial intelligence (AI) model that relies on human feedback, including the most popular large language models (LLMs), could potentially be jailbroken. Jailbreaking is a colloquial term for bypassing a device or system’s intended security protections. It’s most commonly used to describe the use of exploits or hacks to bypass consumer restrictions on devices such as smartphones and streaming gadgets. When applied specifically to the world of generative AI and large language models, jailbreaking…
Bitcoin (BTC) Funds Surpass $1.5B of Inflows in 2023; Ether (ETH), Solana (SOL) Funds Lead Altcoin Inflows
Funds holding ether (ETH) experienced $34 million of net inflows last week, extending the positive trend to four consecutive weeks and surpassing $100 million of net inflows during this period. ETH funds now have almost nullified their dismal run of outflows earlier this year, which marks “a decisive turnaround in sentiment” towards the second largest cryptocurrency, CoinShares added. Source
Ethereum Co-Founder Outlines Roadmap for Improving ETH Network’s Staking and Upgrades
Buterin also touched on the roadmap for Ethereum’s technical upgrades, referring to an imminent transition called ‘Danksharding’ that expands data availability and enables more transactions per block. Speaking recently at the Turkey Blockchain Summit, Ethereum co-creator Vitalik Buterin discussed some of the platform’s plans for enhancing decentralization around staking while providing updates on upcoming network changes aimed at boosting usage capacity. Recognizing the growing significance of cryptocurrency adoption in Turkey and worldwide, Buterin explained intentions to rework Ethereum’s existing staking model to shift influence away from large mining pools and…
Ethereum Whales Go On 9-Day Accumulation Spree: ETH Price Rally Incoming?
The price of Ethereum has been on a steady and monumental rise in the past few weeks, and the last seven days have not been much different. The altcoin breached the $2,100 mark on Friday, November 24, with its sights now set on new yearly highs. Interestingly, a recent on-chain revelation has shown what could be behind the latest ETH price surge while offering insights into the future prospects of the cryptocurrency. On-Chain Data Shows Whales Continue To Buy ETH Renowned crypto analyst Ali Martinez, in a post on X,…
JPMorgan Says Grayscale Bitcoin Trust (GBTC) Can Expect Significant Outflows on ETH Approval
If the entire $2.7 billion exits the bitcoin market, it would exert significant downward pressure on bitcoin prices, the authors stated. However, if most of this $2.7 billion transitions into other bitcoin instruments, such as the newly established spot bitcoin ETFs post SEC approval, the negative market impact would be more moderate. Nevertheless, the bank indicated that Bitcoin continues to face downside risks, as some of the $2.7 billion is likely to exit the Bitcoin space completely. The report also noted that more than $2.7 billion could leave GBTC if…
Ethereum Price Forms Bullish Pattern, Why ETH Could Extend Its Rally
Ethereum price surged above $2,050. ETH is now consolidating gains and might soon aim for another rally toward the $2,150 level. Ethereum is consolidating and facing resistance near the $2,080 zone. The price is trading above $2,030 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance near $2,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its rally if it clears the $2,080 and $2,090 resistance levels. Ethereum Price Holds Ground Ethereum price started a strong increase above…