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Tag: ETH
Coinbase expects high demand for ETH unstaking with Shanghai upgrade
Ether (ETH) stakers who have had their holdings locked up during the Ethereum Merge event might soon have access to “unstaking.“ Coinbase has announced in a tweet that unstaking requests on its platform may take the protocol weeks or months to process. According to the tweet, it expects a flood of staking withdrawal requests after the update to the Ethereum network enables the functionality next month. The Merge transitioned Ethereum from proof-of-work (PoW) to proof-of-stake (PoS) in September 2022, but stakers’ holdings remained locked up. This merger created a temporary situation where…
BTC Hits 9-Month High, as ETH Moves Above $1,700 – Market Updates Bitcoin News
Bitcoin briefly surged to a nine-month high late on Tuesday, as prices moved above the $26,000 mark. Although prices have since declined, overall sentiment remains bullish following the latest U.S. inflation report. Consumer prices fell to 6% last month, with ethereum climbing above $1,700 as a result. Bitcoin Bitcoin (BTC) fell from a nine-month high on Wednesday, following yesterday’s post-U.S.-inflation-report rally. BTC/USD is trading at $24,858.50 at the time of writing, hours after prices surged to a peak of $26,514.72. Tuesday’s peak saw the world’s largest cryptocurrency hit its strongest…
Ethereum's Network-to-Value Ratio Slides to 3-Month Low as ETH Rallies 20%
The widely-tracked ratio measures ether’s market capitalization in relation to the value of onchain transactions processed on the Ethereum network. Source
ChatGPT V4 aces the bar, SATs and can identify exploits in ETH contracts
GPT-4, the latest version of the Artificial Intelligence (AI) chatbot, ChatGPT, can pass high school tests and law school exams with scores ranking in the 90th percentile and has new processing capabilities that were not possible with the prior version. The figures from GPT-4’s test scores were shared on March 14 by its creator OpenAI revealing it can also convert image, audio and video inputs to text in addition to handling “much more nuanced instructions” more creatively and reliably. “It passes a simulated bar exam with a score around the…
Staked ETH Withdrawals Being Processed on Ethereum Goerli Testnet Ahead of Shanghai Fork
There was a 29% validator participation rate at the time that the epoch triggered, which is particularly low for Ethereum. On a YouTube livestream, Ben Edgington, a product lead at Teku, an Ethereum client, acknowledged the low participation rate was likely due to validator nodes not having upgraded on time for the Goerli fork. Source
Ethereum Creator Vitalik Buterin Sends 200 ETH to Crypto Exchange Kraken: PeckShield
Ethereum founder Vitalik Buterin is once again on the move, sending hundreds of Ethereum (ETH) to a major US-based digital asset exchange. Blockchain security firm Peckshield initially spotted the transfer and revealed that a wallet owned by Buterin shifted 200 ETH worth over $323,000 to a wallet of unknown origin. The ETH trove was subsequently moved to crypto exchange Kraken where it could potentially be sold on the open market. “PeckShieldAlert: vitalik.eth has transferred 200 ETH to Kraken within the last one hour.” Source: PeckShield/Twitter According to blockchain-tracking service Etherscan,…
Price analysis 3/13: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
The banking crisis in the U.S. has led to aggressive buying in Bitcoin and select altcoins, which are nearing stiff overhead resistance levels. Three banks — Silvergate Bank, Silicon Valley Bank and Signature Bank — collapsed within a span of a few days, increasing demand for United States government bonds and sendin the yield on the 2-year Treasury tumbling to 4.06%, a fall of 100 basis points since March 8. This was the largest three-day decline since Oct. 22, 1987, when a stock market crash saw the yield fall 117 points. Although the Federal Reserve…
Why is Ethereum (ETH) price up today?
Ethereum’s native token, Ether (ETH), rallied on March 13 after the U.S. regulators shored up wavering confidence in the banking sector led by the shutdown of $209 billion Silicon Valley Bank (SVB) and $110 billion Signature Bank. U.S. emergency measures help Ether recovery Ether’s price rose over 3% to around $1,635, its highest level in almost two weeks. The gains came as a part of the token’s broader rebound move that saw it rallying nearly 20% from its March 10 low of $1,369. ETH/USD daily price chart. Source: TradingView On…
BTC Above $20,000, ETH Beyond $1,400 on Saturday – Market Updates Bitcoin News
Bitcoin rose back above $20,000 on Saturday, despite markets still being spooked by the collapse of yet another banking institution. Silicon Valley Bank was shut down by U.S. regulators on Friday, causing many institutions to lose access to capital. This includes USDC issuer Circle, which led to a USDC depegging. Ethereum also rebounded on Saturday. Bitcoin Bitcoin (BTC) rose back above $20,000 on Saturday, despite overall volatility in financial markets being at historic highs. This comes as the Federal Deposit Insurance Corporation (FDIC) confirmed it was shutting down Silicon Valley…