Ethereum | ForkLog

ForkLog 8 23.11.2024

Analyst Predicts Ethereum Surge to $20,000

Since November 2021, Ethereum’s chart has formed a triangle pattern. Analyst known as Wolf believes a potential breakout from this consolidation zone could target $20,000. Look, guys, take this with a grain of salt, but the $ETH chart is also shaping up as a compressing 3-year triangle consolidation since November 2021. A measured move from […]

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ForkLog 6 22.11.2024

Ethereum Futures Open Interest Hits Record $20.8 Billion

On November 22, open interest (OI) in Ethereum futures surged by over 12% to an ATH of $20.8 billion, indicating bullish momentum. This was reported by CryptoQuant, according to The Block. Data: Coinglass. The metric has increased by more than 40% over the past four months, surpassing the previous peak of $17 billion in May. […]

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ForkLog 31 22.11.2024

Ethereum’s Daily On-Chain Volume Reaches $7.13 Billion

On November 15, the daily on-chain value transferred in Ethereum, measured by the 7 DMA, reached a year-to-date high of $7.13 billion, according to data from The Block. Data: The Block. Over the past two weeks, this figure surged by 85% from $3.84 billion as of November 1. The metric exceeded the previous peak in […]

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ForkLog 3 18.11.2024

US Elections Trigger $2.2 Billion Influx into Crypto Funds

Between November 10 and 16, cryptocurrency investment funds received $2.19 billion, up from $1.98 billion the previous week, according to CoinShares. In the first half of the week, inflows reached $3 billion. Subsequent profit-taking after bitcoin reached its ATH led to an outflow of $866 million, experts explained. Data: CoinShares. Experts linked the continued positive […]

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ForkLog 9 14.11.2024

Ethereum Developers Unveil ‘Smart Transactions’

Ethereum developers Vlad Zamfir, Anuja Dasa Gupta, and Boris Mamlyuk have introduced the concept of ‘smart transactions,’ advancing the realization of the ‘World Computer.’ This was reported by The Block. Smart Transactions (STXN) will significantly expand the range of applications and protocols that can be created through a more dynamic set of features. This will […]

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ForkLog 10 14.11.2024

Bitwise Acquires Ethereum Staking Provider Attestant with $3.7 Billion in Assets

Investment firm Bitwise Asset Management has acquired institutional Ethereum staker Attestant, which manages assets worth $3.7 billion. The acquisition has increased the company’s client assets under management from $6 billion to $10 billion.

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ForkLog 11 13.11.2024

Vitalik Buterin on Ethereum’s Future: Decentralisation, Anti-Censorship, Solo Staking, and L2

Ethereum co-founder Vitalik Buterin spoke at the Devcon 2024 conference in Bangkok, Thailand, where he discussed the development and prospects of the world’s second-largest cryptocurrency by market capitalisation. Buterin began his speech by noting the regular development of Ethereum since 2015. He pointed out that if one were to return to 2015, the community would […]

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ForkLog 31 13.11.2024

Joe Lubin Sees Trump’s Victory as a Boon for Ethereum

Ethereum could benefit more from Donald Trump’s victory in the US presidential election than any other protocol, according to Joseph Lubin, founder and CEO of ConsenSys, in an interview with Cointelegraph. The executive attributed his view to the anticipated change in leadership at the SEC, whose current policies have “hindered” Ethereum’s development. “America has kept […]

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ForkLog 15 12.11.2024

Ethereum Developer Proposes Ambitious Beam Chain Consensus Upgrade

Developer Justin Drake has unveiled details of Beam Chain’s “most ambitious” proposal to overhaul Ethereum’s consensus layer “from scratch,” a project that has taken him “months.” The initiative incorporates the latest ideas from the research roadmap. According to Drake, Beam Chain aims for faster second block times, smaller validator shares, “chain snarkifaction,” and ultimately — […]

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ForkLog 10 11.11.2024

ENS Labs Unveils Details of Namechain L2 Solution

Developers at Ethereum Name Service (ENS) have disclosed details of their upcoming Layer 2 solution, Namechain. Announced live at #frENSday? Namechain by @ensdomains, a purpose-built Layer 2 solution! This is the next evolution in ENS and part of the larger ENSv2 direction. By dramatically reducing costs, improving performance, and providing a familiar Ethereum developer experience […]

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ForkLog 16 09.11.2024

SEC Postpones Decision on Spot Ethereum ETF Options Again

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the New York Stock Exchange’s (NYSE) proposal to list options based on spot Ethereum ETFs. The document mentions Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust holding ether.” The agency had planned to decide on […]

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ForkLog 7 08.11.2024

Bitcoin Shows No Signs of Overheating, Says Expert

From a fundamental perspective, bitcoin does not exhibit “signs of overheating,” according to a report by Galaxy Digital, as reported by Cointelegraph. The expert noted the absence of a spike in funding rates for perpetual contracts and a moderate increase in OI across crypto derivatives. Data: Coinglass. According to Galaxy Digital, bitcoin and other cryptocurrencies […]

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