As per the recent cup-and-handle formation, Ethereum is all set to give a bullish breakout above $4,112 levels post which it can rally all the way to $6,500 and above.
The list prepared by Time Magazine is a part of their annual segment that documents some of the most significant personalities of the world.
This is one of the major attacks faced by Solana blockchain after SOL major rally over the last month. The validator community has successfully managed to restart the mainnet beta.
The new funding is billed to be used to develop the Eden Network infrastructure through product research and development.
Standard Chartered also said that Ether has more functionality and may potentially replace Bitcoin as the world’s most prominent crypto.
Kellka expressed his views on the recent network update that was announced by Ethereum’s founder Vitalik Buterin.
Earlier in May, Bloomberg Senior Commodity Strategist Mike McGlone said that the price dip suggested that Bitcoin and altcoins had “entered the mainstream”. These sentiments are reiterated in the latest Crypto Outlook report.
Reese Witherspoon is the newest celebrity who has entered the thriving cryptocurrency sector by making her first ETH purchase.
The revealed interface showed two possible options: users would be able to send and receive tips via the Tip Jar feature on a Bitcoin or an Ethereum address attached to their profile.
Cardano is highly anticipating the launch of smart-contract capabilities on its network. This would allow it to rival Ethereum and other crypto assets that already have these capacities.
Gamestop (GME) stock rose only a little bit in the pre market trading as news of a possible NFT platform on the Ethereum blockchain swept through Twitter.
The Ethereum (ETH) price rally comes amid strong on-chain fundamentals and depleting exchange reserves. The London hard fork has also fueled the bull run.
According to Pal, the high demand experienced in the Ethereum ecosystem coupled with the burning recently introduced through the EIP-1559 upgrade will fuel Eth to a new ATH.
The latest fundraising led by Lightspeed Venture Partners pouts Offchains Labs into the league of unicorn startups as valuations move past $1.2 billion.
The activities signaling the bull run include increased network activities between both digital currencies, and the increase in the transaction value in the two blockchains.