Ethereum | ForkLog

ForkLog 12 19.03.2024

Fidelity Incorporates Staking in Spot Ethereum ETF Proposal

Asset management firm Fidelity Investments has made amendments to its proposal for launching an exchange-traded fund based on the spot price of Ethereum, including a provision for staking. “According to the registration statement, the sponsor may, from time to time, place a portion of the fund’s assets through one or more trusted staking providers, which […]

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ForkLog 9 18.03.2024

Weekly Inflows to Crypto Products Reach Record $2.92 Billion

Inflows into cryptocurrency investment products from March 9 to 15 amounted to $2.92 billion, up from $2.69 billion in the previous reporting period, according to a report by CoinShares. This positive trend has continued for the seventh consecutive week. Data: CoinShares. Year-to-date inflows have reached $13.2 billion, compared to $10.6 billion for the entire year […]

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ForkLog 19 18.03.2024

Standard Chartered Raises Bitcoin and Ethereum Targets for 2024 to $150,000 and $8,000

Analysts at Standard Chartered have revised their year-end 2024 target for Bitcoin upwards from $100,000 to $150,000, with Ethereum potentially reaching $8,000 by the same time. This is according to a report cited by CoinDesk. The upgrade follows the excitement surrounding spot Bitcoin ETFs and the sharp rise in the asset’s price since January. By […]

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ForkLog 9 18.03.2024

Ethereum Supply Declines Following Dencun Activation

Ethereum’s issuance has dropped to its lowest level since August 2022 following the significant Dencun update activated on March 13. This was reported by CNBC, citing a report from CryptoQuant. According to Ultra Sound Money, the market inflow of ETH over the past 30 days fell to -0.88% compared to an average of -0.25% since […]

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ForkLog 23 14.03.2024

Dencun Update Significantly Reduces Fees in Layer 2 Networks

Following the activation of the Dencun hard fork on the Ethereum mainnet, gas fees in Layer 2 networks implementing EIP-4844 have decreased significantly. Average fees in L2 solutions. Data: Dune. The key component of the update is the Proto-Danksharding function, designed to scale the blockchain by creating a new type of transaction for large binary […]

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ForkLog 7 13.03.2024

Bitcoin’s Ascent to $100,000 and SEC’s Reluctance on Ethereum ETF

Bitcoin is expected to rise to $100,000 in the second half of the year, while the outlook for a spot Ethereum ETF appears less optimistic. These expectations were shared with journalist Colin Wu by macroeconomist Luxon, who spoke under a pseudonym. Read more. The expert derived this target by assuming that the American asset management […]

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ForkLog 17 13.03.2024

Ethereum Developers Activate Dencun Hard Fork on Mainnet

On March 13, the Ethereum team successfully implemented the Dencun (Deneb-Cancun) upgrade on the mainnet. Dencun went live, we’ve had blobs land in blocks on mainnet .oO ? — timbeiko.eth ☀️ (@TimBeiko) March 13, 2024 A key component of the upgrade is EIP-4844. It includes the Proto-Danksharding option, aimed at scaling the network by creating […]

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ForkLog 4 12.03.2024

Analysts Observe ETF News Impact on Ethereum Options

Expectations for the continuation of Ethereum’s upward trend have become less optimistic over a one to two-month horizon, according to options market observations by QCP Capital. QCP: Two major macro events coming up (CPI tonight, FOMC next week). The vol-market continues to express the bullishness in BTC as vols remain very elevated for the calls […]

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ForkLog 8 12.03.2024

Bloomberg Analysts Lower Odds of Spot Ethereum ETF Approval to 35%

Bloomberg experts have reduced the chances of spot ETH-ETF approval in May to 35%. The decline in optimism is due to the SEC’s low engagement in discussions with issuers. The PoS mechanism, price manipulation risks, and the potential classification of the asset as a security pose additional challenges for a positive verdict. Bloomberg analyst Eric […]

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ForkLog 9 12.03.2024

Gnosis Chain Activates BLOB Transactions Ahead of Dencun Launch

In anticipation of the Dencun upgrade on the Ethereum network, Gnosis Chain developers have activated BLOB transactions to scale the sidechain. Dencun is activated ? Now you can use blobs to scale Gnosis or post funny pictures using https://t.co/w5dKzqB2UZ Great work everyone! https://t.co/poEJQ8FXv0 — Stefan George ?? (@StefanDGeorge) March 11, 2024 “Dencun is activated. Now […]

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ForkLog 37 11.03.2024

Vitalik Buterin Proposes Quantum-Resistant Strategy for Ethereum

Ethereum currently possesses robust capabilities to protect user funds from quantum computers through a simple “recovery fork,” according to Vitalik Buterin, the project’s co-founder. “The blockchain would require a hard fork, and users would need new wallet software, but few would lose their funds,” he stated. In a publication on Ethereum Research, Buterin noted that […]

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ForkLog 9 11.03.2024

Meme Tokens Drive Ethereum Fees to Two-Year High

The surge in network activity driven by the meme coin frenzy benefits Ethereum investors through rapid deflation, yet complicates blockchain usage, according to a study by IntoTheBlock. In this week’s newsletter, we explore the rise in meme token speculation and how the upcoming Dencun upgrade will impact Ethereum fees.?https://t.co/xVh8pz1Pxh — IntoTheBlock (@intotheblock) March 9, 2024 […]

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