Tag: Ethereums

Ethereum’s Breakout Moment: Is a $7,500 Target Achievable? Experts Weigh In

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Despite Ethereum’s recent lackluster performance, Glassnode Co-founders, under the name ‘Negentrophic’ on Elon Musk’s X social platform, assert that ETH’s potential has yet to be fully realized. Analyzing historical data and market patterns similar to those in early 2021, Negentrophic predicts that Ethereum could reach a high of $7,500, a forecast based on current market structures and technical indicators such as the 161.8 Fibonacci extension level. Diving Into The $7,500 Prediction Assessing the prediction from these experts, a Fibonacci extension level seen in 2021, which signaled a major rise for…

Mother Token Celebrity Iggy Azalea Mocks Ethereum’s Vitalik Buterin in Breastfeeding Meme

Iggy Azalea, the female rapper and composer behind the MOTHER token issued on Solana, mocked Vitalik Buterin, an Ethereum co-founder, using a meme that shows her carrying a baby with Buterin’s face after being breastfed. Besides posting the described meme, Azalea stated that “he was just hangry (sic).” Azalea’s reaction comes after Buterin’s statements against […] Source CryptoX Portal

Ethereum’s Balance on Exchanges Spikes Amid Possible Sell-the-News Event, According to Crypto Analyst

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A widely followed crypto analyst says that Ethereum’s (ETH) balance on crypto exchange platforms is spiking amid a possible sell-the-news event. In a new thread, crypto trader Ali Martinez tells his 62,700 followers on the social media platform X that over the last two weeks, hundreds of thousands of ETH have been transferred to wallets linked to crypto exchanges. “Looking at Ethereum’s balance on exchanges reveals a spike in the tokens available to sell. Over the last two weeks, over 242,000 ETH have moved to cryptocurrency exchange wallets. This indicates…

Crypto Whale Withdraws $75.8 Million in USDC From Coinbase To Invest In Ethereum’s Biggest Presale  – Blockchain News, Opinion, TV and Jobs

A crypto whale has withdrawn $75.8 million USDC from Coinbase institutional and invested a significant amount in Ethereum’s biggest presale, ETFSwap (ETFS). An anonymous crypto whale reportedly withdrew a whopping $75.8 million in USDC from their Coinbase Institutional account on Friday night. This move follows the bull market widely predicted to happen in the coming weeks. An in-depth investigation into the event reveals that a large chunk of the money was used to acquire ETFSwap (ETFS) tokens in Ethereum’s biggest presale, making waves in the crypto community. Crypto Whale Withdraws…

SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows

A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement Division Director Gurbir Grewal approved a formal investigative order in March last year to scrutinize potential securities transactions involving […] Source CryptoX Portal

MetaWin Announces Innovative TOKENIZED Tesla Cybertruck Contest on Ethereum’s Base Layer 2 Blockchain – Blockchain News, Opinion, TV and Jobs

London, UK, April 17th, 2024, Chainwire In a pioneering move within the industry, MetaWin in collaboration with law firm BCLP, has successfully tokenized a Tesla Cybertruck, transforming it into a digital asset wrapped in a legally binding contract and minted as a Non-Fungible Token (NFT). This NFT, which represents full ownership rights to The Cybertruck, has been launched on the Ethereum Base Layer 2 blockchain operated by cryptocurrency giant Coinbase. This contest marks a significant milestone as the world’s first tokenized vehicle asset, offering participants an opportunity to win a…

Ethereum’s Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says

The rapidly rising validator count on the Ethereum blockchain following the Shapella upgrade in April last year is causing concerns about technical capacity and centralization, Fidelity Digital Assets wrote in a research report on Thursday. Fidelity noted that “with the lowered risk from increased liquidity, the active validator count has risen by 74%,” and said “future roadmap upgrades will become more difficult” with this larger set. The Shapella upgrade enabled withdrawals, for the first time, for validators who staked their ether (ETH) to secure and validate transactions on the blockchain.…

Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved

In recent weeks, Cryptox.trade News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted a noteworthy event: an individual who took part in the Ethereum initial […] Source CryptoX Portal