Ethereum News

Just like Bitcoin, the Ethereum price has risen sharply in recent weeks. After gaining more than 30%, the price is now above $1,550. Now it’s February and the price is faced with a decision: will Ethereum price continue to rise or will there be a crash? Let’s analyze in this Ethereum prediction for February 2023. Is Ethereum UP…

A recent update by Binance has revealed that Signature Bank, a major SWIFT gateway service provider, will partially terminate access to Binance customers starting in February. The update sent by Binance, which a customer tweeted, read thus:  “The banking partner that serves your account has advised that they are no longer able to process SWIFT…

The fork is a test environment for the upcoming Shanghai upgrade. Shanghai is expected to unlock the withdrawals of the staked ETH in the Beacon chain. Blockchain developers successfully launched a ‘shadow fork’ for the upcoming Shanghai upgrade in the Ethereum blockchain. The shadow fork – a test model for the actual mainnet that lets…

Vitalik Buterin, the co-founder of Ethereum, recently released a guideline for bringing privacy to transactions on the Ethereum network. In a comprehensive blog post tweeted on Friday, the 23-year-old billionaire broke down the concept of stealth addresses, adding that Ethereum is working to develop the concept as a solution to the ‘last remaining challenge’ for…

Recent data shows an astonishing growth of users and transactions among Ethereum’s growing list of layer 2 networks.  Polygon, Optimism, and Arbitrum have recorded increased daily user activity by 30%, 180%, and 40%, respectively.  Polygon has been tipped for massive successes this year with several network upgrades and more web3 projects before Q2 2023. The…

It seems that the crypto market is still going strong. Most cryptos gained an average of more than 6% in the past 24 hours alone. Since the beginning of the year 2023, that number goes up to more than 20%. Ethereum specifically managed to break the resistance price of $1,400 and reached a current price…

On Saturday, Bitcoin and Ether, the two biggest crypto assets by market capitalization, saw additional gains as the broader crypto industry kept on its unforeseen surge this year. At press time, Bitcoin was holding steady at about $22,821 after growing over 10% in the past 24 hours. Bitcoin’s epic surge comes after it encountered minor…

Cybersecurity firm CertiK warns that malicious actors may continue to exploit decentralized applications in 2023.  The firm has also cautioned users to guard their private keys as the success rate of bad actors could be due to poor user security.  Wallet developers and crypto executives to intensify user education efforts this year to avoid losses….

The Reserve Bank of India (RBI) has once again expressed concerns over the growing digital asset ecosystem. In particular, it cited the recent turmoil in the cryptocurrency sector as one of the global micro financial risks. In its latest Financial Stability Report, the Indian central bank says a common approach is necessary to ensure consumer…

Thursday, January 12, 2023, saw the release of December 2022 US inflation figures by the Bureau of Labor Statistics. The Consumer Price Index (CPI) dropped by 0.1% in December 2022 largely due to declines in both the gasoline and energy indices. Annual Headline CPI rose by 6.5% and the December 2022 unemployment rate was down…