Tag: Ethereum
ZKsync Introduces Elastic Chain Network of ZK Chains for Efficient Transactions
ZKsync recently made an important upgrade that transformed its Ethereum bridge into a shared router to support a network of interoperable ZK chains. This new development, known as ZKsync 3.0, now allows for multichain...
Court Approves Accelerating Consensys vs. SEC Lawsuit for Quick Resolution
A federal judge has approved a timeline for the court to consider the lawsuit filed by software firm Consensys against the US Securities and Exchange Commission (SEC) and its commissioners. In a filing on...
Crypto Market Trends Reflect Early June Patterns, According to Matrixport Co-Founder
The crypto market trends are showing similarities to those observed in early June, according to Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital. Yan highlighted the potential for a breakout in major...
Chainlink Data Streams Product Launch on Avalanche Network: CoinJournal
Chainlink, a leading blockchain technology company, recently launched Data Streams on the Avalanche Network in collaboration with GMX, a perpetual futures trading platform. This new product is designed to improve data handling for decentralized...
BitBot Token Claim Causes Cryptocurrency Market Waver
Cryptocurrency prices have taken a hit in recent weeks, with Bitcoin dropping from $62,000 to $60,000, leading to a decline in the prices of other altcoins like Blur, Mother Iggy, Turbo, and Apu Apustaja.There...
SEC Concludes Investigation into ConsenSys, No Legal Action Taken
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into ConsenSys, a prominent technology incubator company known for products like the MetaMask wallet. The SEC informed ConsenSys' lawyers that it is not...
Ethereum Exchange Balances Decline, Bullish Signal for ETH Price
Ethereum Exchange Balances Decline, Bullish Signal for ETH PriceRecently, there has been a noticeable decline in the balances of Ethereum on various cryptocurrency exchanges. This could potentially be seen as a bullish signal for...
Crypto Trends for Financial Advisors: A Comprehensive Guide
2024 has been an active year for crypto investments, with trends, interests, and perceptions evolving among institutional investors. Fidelity's Institutional Investor Digital Assets Study has been measuring these trends since 2019, showing a generally...
Ethereum Price Analysis: Impending Breakout After Consolidation?
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...
Reassessing the Validity of High Ether Volatility Predictions
Spot Ether exchange-traded funds (ETFs) are set to make their debut in the United States this year, sparking a surge in excitement among investors. The anticipation of these new ETFs has led to a...