In a recent analysis by crypto investor Fred Krueger, Ethereum’s valuation at spot rates has come under scrutiny. Krueger argues that Ethereum is overvalued, with supporters being “detached from reality” as the native currency recently surpassed $3,000. One of the key points raised by Krueger is the declining on-chain activity in Ethereum, along with the
Ethereum
MetaMask has recently announced the expansion of its Security Alerts feature, marking a significant step towards enhancing user security on various blockchain networks. This improvement, developed in collaboration with Blockaid, aims to provide users with added privacy and protection against scams. The Security Alerts feature is now set to become the default transaction alert system
The cryptocurrency world is no stranger to controversy, and recent events have once again brought Cardano (ADA) to the forefront of the debate. Arthur Hayes, the Bitcoin millionaire and former CEO of BitMex, has not been shy about expressing his disdain for the Cardano network. In a recent interview with Coin Bureau, Hayes criticized Cardano
The recent surge in Ethereum’s price has sparked renewed interest in the crypto community, but Fred Krueger, an experienced Bitcoin ETF specialist, has raised doubts about the validity of this valuation. Krueger’s analysis points to a troubling trend in the usage of the Ethereum blockchain, highlighting a significant drop in daily active users from 120K
The world of cryptocurrencies is ever-changing and full of excitement, especially in the case of Ethereum, the second-largest digital currency. With CEO Michaël van de Poppe’s bold prediction of Ethereum potentially surging to $3,800 to $4,500, investors are buzzing with enthusiasm. This optimistic forecast comes at a time when Ethereum’s current valuation stands at around
Coinbase’s non-US exchange achieved a significant milestone on February 20th, with daily trading volume exceeding $1 billion. This marked the first time that the international exchange reached this impressive volume mark. Coinbase CEO, Brian Armstrong, expressed his satisfaction with this achievement and highlighted the continuous growth of the platform. As reported by Coinbase International Exchange,
Bernstein, a global asset management firm, recently expressed confidence in the approval of an Ethereum Spot ETF by the US Securities and Exchange Commission (SEC). The analysts at Bernstein, Gautam Chhugani and Mahika Sapra, believe that Ethereum has a strong chance of being the second digital asset after Bitcoin to receive a Spot ETF approval
Wall Street Memes has recently implemented a major new burn mechanism that has set ablaze 5% of the $WSM token supply. This move marks the beginning of an exciting deflationary force in the dynamics of the $WSM token. Originally, developers had planned for a 10% buyback of Net Gaming Revenue, but they have now shifted
Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” The
In a groundbreaking sale that has caused waves in both the blockchain and art communities, a complete set of 10 Autoglyphs recently changed hands for a remarkable 5,000 ETH. This purchase, valued at around $14.6 million, has set a new record for the highest NFT sale in the last two years, making it the fifth-largest