Tag: Ethereums

Ethereum’s Remittix Soars Past $12M In Presale As Investors Draw Comparison To Payments Giant XRP

PRESS RELEASE. ETH stands as the second-largest cryptocurrency by market cap, and its well-established ecosystem continues to be a hotbed for innovation. Building on this powerful network, Remittix has emerged as a PayFi contender, recently surpassing $12 million in presale funds. Investors are now buzzing about the project’s real-world applications and likening its potential to […] Source CryptoX Portal

Could ‘Based Rollups’ Solve Ethereum’s Layer-2 Problem?

The Ethereum community has been in turmoil over the past few weeks, with members raising the alarm that the chain will lose its competitive edge if it doesn’t address some core design issues. A key focus of the outrage has been layer-2 fragmentation. In recent years, Ethereum has embraced a layer-2 scaling roadmap—a plan that encouraged the development of third-party auxiliary networks called “layer-2 rollups”—to help scale the base Ethereum ecosystem. Offloading activity to these upstart networks has helped bring down fees and improve speeds for end-users, but it has…

Ethereum’s ETH Poised for a Price Rebound to $3K From Oversold Levels: Analysts

Ether (ETH), the second largest cryptocurrency by market capitalization, recently sunk to its weakest price compared to bitcoin (BTC) since late 2020 in a trade war-fueled panic crash, but a relief bounce might be on the horizon. “ETH looks to be trying to establish some bullish momentum and could be looking to finally make a recovery back above $3,000,” LMAX strategist Joel Kruger said in a Tuesday morning report. “Sentiment towards the world’s second largest crypto asset has been back on the rise with many medium and longer-term players stepping…

Ethereum’s ‘Pectra’ upgrade set for Holesky and Sepolia testnets

Ethereum’s Pectra upgrade is set to go live on the Holesky and Sepolia testnets in February and March, according to the latest announcement from core developers. On Feb. 6, Ethereum (ETH) core developers confirmed that the Pectra upgrade will launch on the Ethereum test networks Holesky on February 24, 2025, and Sepolia on March 5, 2025. If all goes well, the highly anticipated network update will go live on the mainnet in April. Earlier timelines had the mainnet in March Tim Beiko, an Ethereum core developer and Ethereum Foundation support…

Ethereum’s Price Stalls Below $3,500 as Leverage Ratios Climb—What Next?

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Ethereum has been consolidating in a tight price range for several months, trading between $3,200 and $3,500. Despite the broader market’s recent upward movement, ETH still struggles to break out of this range. This stagnation comes after a prolonged decline from its all-time high of $4,800, recorded in late 2021. The cryptocurrency is now down roughly 32% from this peak. Notably, even the appointment of the new pro-crypto administration and a renewed sense of regulatory clarity have done little to propel Ethereum beyond its current resistance levels. Amid these market…

Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000

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Este artículo también está disponible en español. Although Ethereum is currently up by about 46% from the starting point at the beginning of 2024, December has been underlined by a notable correction. This correction saw Ethereum declining noticeably from a $4,000 price point in the middle of the month, and it now finds itself consolidating below $3,400.  Crypto analyst Trader Tardigrade recently shared a bullish outlook for Ethereum in light of this consolidation. Particularly, the analyst has projected a surge to $8,000 sometime in 2025. Historical Pattern Says Bullish Trajectory…

Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.74 ETH […] Source CryptoX Portal

Ethereum’s $4,000 Struggle: A Modest Gain Amid Bitcoin’s $100K Glory

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While bitcoin (BTC) climbed into the $100,000 range, ethereum (ETH) took a modest step upward with a 2% increase but still couldn’t cross the $4,000 threshold. ETH Faces a $4K Wall: Modest Gains as Market Eyes Bitcoin’s Triumph The second-largest cryptocurrency by market capitalization—and the 26th most valuable asset globally—ethereum has seen some positive movement, […] Original