Category Archives: Ethereum
Ethereum Fees Spike as Meme Coin Frenzy Returns; PEPE, BITCOIN, SPX Pop 40% – CoinDesk
A market-wide recovery led by bitcoin (BTC) briefly crossing $35,000 on Tuesday may have reinvigorated a risk-on sentiment among meme coin traders who typically bet on tokens with a strong social draw rather than their inherent technology.
Ethereum gas fees spiked from 9 gwei to over 45 gwei in the same period, indicating strong block demand. Gwei is a small unit of ether (ETH) equal to one-billionth of an ETH.
Gas refers to the fees Ethereum users pay to ensure their transactions are included in the earliest block by network validators. These validators are incentivized to include transactions that pay the highest fees instead of a first-come-first-serve basis meaning fees on popular tokens can often run to thousands of dollars.
Some of this years most popular meme coins, such as pepecoin (PEPE), zoomed as much as 40% in the past 24 hours, showing signs of an on-chain trading frenzy. Elsewhere, HarryPotterObamaSonic10Inu (which trades with a BITCOIN ticker) rose 39%, while SPX6900 (SPX) jumped as much as 25%.
The tickers of these tokens mimic bitcoin and the U.S. stock index S&P500 but have a combined market capitalization of over $120 million showing the strong draw that jokes have in some parts of the crypto market.
Read the original:
Ethereum Fees Spike as Meme Coin Frenzy Returns; PEPE, BITCOIN, SPX Pop 40% - CoinDesk
Ethereum (ETH) Withdrawals to Be Temporarily Suspended by … – Investing.com
U.Today - Top crypto exchange brings to the attention of Ethereum network users an important development that might impact deposits and withdrawals on a specific date: the crypto exchange will be performing its routine wallet maintenance.
In an official , Binance says it will perform wallet maintenance for the Ethereum network (ERC20) on Oct. 24 at 7:00 a.m. (UTC). The maintenance will take about two hours.
In light of this, Binance says deposits and withdrawals on the Ethereum network (ERC20) will be suspended on Oct. 24 starting at 6:55 a.m. (UTC). Meanwhile, the trading of digital assets and currencies on the Ethereum network (ERC20) will not be impacted during wallet maintenance.
, on Oct. 18, Binance performed its wallet maintenance on the Tron network. In an announcement about the development, Binance urged users not to panic as they might notice large transactions from its TRX hot wallet as a result.
Ethereum's "billionaire" wallets are also picking up steam, holding nearly a third of the supply for the first time in seven years.
For the first time since July 16, whale addresses with over one million ETH possess 32.3% of the supply, according to, indicating increased accumulation.
On Oct. 16, ETH transactions that exceeded $1 million had their second highest day in a month.
At the time of writing, ETH was up 4.37% in the last 24 hours to $1,615.
This article was originally published on U.Today
Read market moving news with a personalized feed of stocks you care about.
Get The App
Originally posted here:
Ethereum (ETH) Withdrawals to Be Temporarily Suspended by ... - Investing.com
Ethereum DeFi protocol Hope Lend drained after exploit – Cointelegraph
Ethereum decentralized finance (DeFi) protocol Hope Lend has next to zero assets left in its protocol after a devastating hack.
According to multiple blockchain security firms, on Oct. 18, two individuals a frontrunner who beat the original hacker after discovering the exploit and the original hacker themselves stole a combined 526 Ether (ETH) from Hope Lend, worth $825,357 at the time of publication. The successful attacker gained 264 ETH and paid a 263 ETH bribe to an ETH validator, wrote CertiK.
Hope.money, the DeFi protocol's developer, presented a different version of the story. In its X thread, developers claim that a single hacker ran off with 526 ETH worth of users' funds, paying 263.91 in bribes to a validator allegedly managed by Lido Finance, eventually netting a profit of 264.08 ETH. Hope.money said:
Two days prior, DeFi aggregator DefiLlama announced it would begin tracking Hope Lends smart contracts for data curation. At the time of publication, Hope Lend had no noticeable assets leftwithin the protocol. While developers did not state the reason for the incident, on-chain sleuth Spreek claimed that the hack seems to be related to WBTC [wrapped Bitcoin] decimals and rounding, similar to the Wise Lending hack recently.
Magazine:Elon Musk streams, Amazon partners with Immutable, MetalCore preview
Read more:
Ethereum DeFi protocol Hope Lend drained after exploit - Cointelegraph
Ethereum Tops $1,800 Following US PMI Data; Mina Emerges As Top Gainer – Benzinga
October 24, 2023 9:55 AM | 1 min read
Massive returns are possible within this market! For a limited time, get access to the Benzinga Insider Report, usually $47/month, for just $0.99! Discover extremely undervalued stock picks before they skyrocket! Time is running out! Act fast and secure your future wealth at this unbelievable discount! Claim Your $0.99 Offer NOW!
Bitcoin (CRYPTO: BTC) traded higher, with the cryptocurrency prices trading above the $34,000 level on Tuesday.
Ethereum (CRYPTO: ETH) also moved higher, trading above the key $1,800 mark this morning.
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The S&P Global Manufacturing PMI for the US increased to 50 in October from 49.8 in the prior month and topping market expectations of 49.5. The S&P Global services PMI rose to 50.9 in October versus 50.1 a month ago.
Mina (CRYPTO: MINA) was the top gainer over the prior 24 hours, while PAX Gold (CRYPTO: PAXG) turned out to be the biggest loser.
At the time of writing, the global crypto market cap rose to $1.27 trillion, recording a 24-hour gain of 9.8%. BTC was trading higher by 12.3% at $34,376 while ETH rose by around 9.5% to $1,828 on Tuesday.
Here are the top ten crypto gainers and losers over the past 24 hours:
Mina (CRYPTO: MINA)Price: $0.839224-hour gain: 102.5%
Conflux (CRYPTO: CFX)Price: $0.160424-hour gain: 46%
Benzingas Weekly Insider Report delivers stock picks, macro insights, and portfolio risk assessments. Maximize gains, minimize losses. Get ahead, subscribe now!
Pepe (CRYPTO: PEPE)Price: $0.000000973724-hour gain: 32.6%
Injective (CRYPTO: INJ)Price: $12.2024-hour gain: 19.5%
WOO Network (CRYPTO: WOO)Price: $0.216324-hour gain: 16.6%
PAX Gold (CRYPTO: PAXG)Price: $1,946.8024-hour drop: 0.7%
UNUS SED LEO (CRYPTO: LEO)Price: $3.8724-hour drop: 0.7%
Tether Gold (CRYPTO: XAUt)Price: $1,96824-hour drop: 0.2%
TrueUSD (CRYPTO: TUSD)Price: $0.999524-hour drop: 0.1%
Dai (CRYPTO: DAI)Price: $0.999624-hour drop: 0.1%
Read This Next: 'Never Buy A Drug Stock Just For The Yield': Jim Cramer On This Big Pharma Company
Massive returns are possible within this market! For a limited time, get access to the Benzinga Insider Report, usually $47/month, for just $0.99! Discover extremely undervalued stock picks before they skyrocket! Time is running out! Act fast and secure your future wealth at this unbelievable discount! Claim Your $0.99 Offer NOW!
2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
See the original post:
Ethereum Tops $1,800 Following US PMI Data; Mina Emerges As Top Gainer - Benzinga
ChatGPT’s Top Crypto Picks: Ethereum, Polkadot & Scorpion Casino … – Analytics Insight
AI has become a huge part of our lives with many people using it for day to day life or to find clever ways to make money. ChatGPT is one of those AI tools used by the world to make life easier. Today we are going to be exploring ChatGPTs top crypto picks right now Polkadot, Ethereum and new crypto presale, Scorpion Casino Token.
When it comes to cryptocurrencies, Ethereum is a true pioneer. Its smart contract capabilities have revolutionized the blockchain industry. Ethereums ability to support a wide range of decentralized applications (DApps) has contributed to its widespread adoption. Developers, businesses, and investors have placed their trust in Ethereum, making it a cornerstone of the crypto world.
Polkadot, on the other hand, is known for its unique approach to interoperability. This blockchain platform offers seamless communication between various blockchains, solving the problem of isolation that plagues the crypto space. With Polkadot, the potential for cross-chain development and collaboration is vast, opening doors for exciting projects and innovations.
Now, lets shine the spotlight on Scorpion Casino Token (SCORP), which presents an exciting opportunity within the world of online gaming. Leveraging the power of blockchain technology, SCORP ensures transparency, efficiency, and security for its users. This unique approach is backed by a prescient outlook, considering the online gaming market is projected to reach a staggering $145.6 billion by 2030. With SCORP, the entry barriers to this lucrative sector are lowered significantly.
The SCORP presale has already made waves, raising an impressive $1.4 million. This early success speaks volumes about the projects potential.
The Scorpion Casino platform is already a well-established player in the world of online gaming, offering a wide array of options, from sports betting to classic roulette and various engaging ways to play. It has become the go-to destination for those seeking high-quality online gaming experiences. Not to mention they have just added compatibility for over 20 currencies, both crypto and local currencies alike while preparing for the launch of their redesigned website.
What sets SCORP apart is its robust tokenomics system, which includes buy-backs and burns. This enhances the staking experience and promises a dynamic avenue for passive income in the ever-evolving crypto landscape. Perhaps the most exciting feature is SCORPs revenue-sharing system, which is independent of the volatile crypto market. This means that SCORP has the potential to be a consistent source of passive income in 2024, even when other cryptocurrencies experience turbulence.
Ethereum and Polkadot are undoubtedly solid choices in the crypto space, but for those looking for a unique opportunity in the world of online gaming and passive income, Scorpion Casino Token (SCORP) shines brightly. With its success in the presale, a thriving gaming platform, and a resilient tokenomics system, SCORP stands as a promising candidate for the next big crypto investment.
So, if youre eager to explore the world of Scorpion Casino Token and be part of this exciting journey, we invite you to visit their website. Consider investing in the presale, and join the community of forward-thinkers who see the potential of SCORP. The future of crypto awaits, and SCORP is a part of it.
Presale: https://presale.scorpion.casino/
Twitter: https://twitter.com/ScorpionCasino
Telegram: https://t.me/scorpioncasino_official
Follow this link:
ChatGPT's Top Crypto Picks: Ethereum, Polkadot & Scorpion Casino ... - Analytics Insight
Cryptocurrencies Price Prediction: Polkadot, Solana & Ethereum Asian Wrap 23 October – FXStreet
Polkadot (DOT) price has been producing lower lows for nearly three months and shows no signs of breaking out. But as DOT trades around the $4 psychological level, investors should note that the possibility of a volatile move.
Solana (SOL) price suffered a major setback after the FTX exchange filed for bankruptcy. But SOLs comeback is nothing short of a miracle, considering its year-to-date returns of 195% overshadow that of Bitcoin and Ethereum.
Ethereum (ETH) price breached its multi-month consolidation, favoring the bears. This breakout has caused panic among investors, and if the outlook does not improve for ETH, more downside is likely. While the weekend price action has given bulls some hope, ETH needs to overcome two key resistance levels before investors can breath a sigh of relief.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.
Read the original post:
Cryptocurrencies Price Prediction: Polkadot, Solana & Ethereum Asian Wrap 23 October - FXStreet
Why Google Bard Selected Ethereum, Everlodge, and Shiba Inu To … – CryptoPotato
As technology evolves, so do the ways through which investors and traders get the data they need to make accurate price predictions. One of the most recent methods involves AI technology. Google Bard is an AI-driven chatbot that recently saw a surge in appeal from crypto traders.
When asked about the best cryptos that can surge by December, it recommended Ethereum (ETH), Shiba Inu (SHIB) and Everlodge (ELDG). Today, we will go over exactly how far these cryptos can spike based on their on-chart data.
Summary
Visit the Everlodge presale to see how you can win a luxury holiday to the Maldives
Disclaimer: The article is sponsored content; its written by a third party. CryptoPotato doesnt endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatosfull disclaimer.
Ethereum (ETH) was recently in the spotlight following the launch of Scroll. This is a Layer-2 network that is a part of the zero-knowledge Ethereum Virtual machine (zkEVM) space. Its objective is to scale the Ethereum blockchain significantly. Moreover, the official announcement about Scrolls launch came on October 17, but on-chain data suggests that it has been live within the past week.
Based on the most recent on-chart data, the crypto traded between $1,528.77 and $1,601.75 as its low and high point during the week. As a result, analysts are bullish on the future of the project.
Shiba Inu (SHIB) also saw massive success with Shibarium. Not only did the network reach 3.49 million transactions, but its home to over 1.25 connected crypto wallets. As a result, interest and usage of the Shiba Inu could rocket soon. According to Google Bard, the crypto could also soon see a significant upswing in value.
Based on its historical performance, within the past week, the Shiba Inu price was between $0.00000674 and $0.00000713. However, analysts are bullish and project even more significant growth in the future.
Ethereum and Shiba Inu gained attention, but a lot more growth will be experienced by the Everlodge crypto, as its tapping into the $280 trillion-dollar real estate industry.
It could completely transform the industry by using NFT fractionalization. The projects objective is to allow far more individuals the opportunity to access the real estate sector.
Through the platform, they can do so starting with as little as $100. The platform will mint NFTs that represent high-value properties. Then, they will be divided into smaller fractions that represent a persons share in a specific property.
Another interesting aspect about these is that if the property appreciates in value, so will the NFT. Moreover, users can use the NFTs as collateral when getting loans.
Now, the project has reached Stage 6 of its presale, where ELDG trades at just $0.023.
Visit The Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Join The Community
Telegram: https://t.me/everlodge
Disclaimer: The above article is sponsored content; its written by a third party. CryptoPotato doesnt endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatosfull disclaimer.
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.
Originally posted here:
Why Google Bard Selected Ethereum, Everlodge, and Shiba Inu To ... - CryptoPotato
Trump’s Ethereum Stash Grows By $91K To Reach $2.7M – Benzinga
October 23, 2023 2:49 AM | 2 min read
Massive returns are possible within this market! For a limited time, get access to the Benzinga Insider Report, usually $47/month, for just $0.99! Discover extremely undervalued stock picks before they skyrocket! Time is running out! Act fast and secure your future wealth at this unbelievable discount! Claim Your $0.99 Offer NOW!
Former President Donald Trump, who is a Republican candidate for the upcoming Presidential election, has witnessed a substantial increase of $91,000 in his Ethereum (CRYPTO: ETH) holdings since he launched his NFT collection in December 2022.
What Happened: According to data provided by Arkham Intelligence, Trumps Ethereum wallet currently holds a total of 1,553 ETH. As the price of Bitcoin (CRYPTO: BTC) and Ethereum has surged in recent times, it has resulted in the growth of Trumps NFT holdings by over $91,000.
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
This resurgence in the cryptocurrency's worth was fueled by renewed hopes for Securities and Exchange Commission (SEC) ETF approval and market optimism following the dismissal of charges against two Ripple executives in the XRP lawsuit.
Recent information obtained by the governmental ethics watchdog group, Citizens for Responsibility and Ethics in Washington, indicates that Trump possesses a cryptocurrency wallet holding approximately $2.8 million worth of Ethereum as of early August. This figure now stands close to $2.71 million.
Will The SEC Finally Approve Long-Awaited Bitcoin Spot ETF? Ask industry experts directly at Benzinga's Future of Digital Assets event happening in NYC on Nov. 14, 2023. Be a part of the discussions where you won't just be a passive spectator. Don't let this chance slip away secure early bird discounted tickets now!
See More: A Stay At The Floating Palace From James Bond's Octopussy
Why It Matters: Despite expressing skepticism towards cryptocurrencies during his presidential term, Trump has actively engaged with the crypto industry. Last year, he launched a non-fungible token (NFT) project called Trump Digital Collectible Cards, which featured exclusive images of himself. This project gained significant popularity, leading to the release of a second series of collectibles in April, which also quickly sold out.
Official documents indicate that Trump earned $4.87 million in licensing fees from his NFT collection.
Price Action: At the time of writing, ETH was trading at $1,700, up 4.00% in the last 24 hours, according to Benzinga Pro.
Photo by Evan El-Amin on Shutterstock
Read Next: Heres How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?
Massive returns are possible within this market! For a limited time, get access to the Benzinga Insider Report, usually $47/month, for just $0.99! Discover extremely undervalued stock picks before they skyrocket! Time is running out! Act fast and secure your future wealth at this unbelievable discount! Claim Your $0.99 Offer NOW!
2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Original post:
Trump's Ethereum Stash Grows By $91K To Reach $2.7M - Benzinga
NFT Trading Volume on Ethereum Shot Up +124% in Just a Week … – CryptoTicker.io – Bitcoin Price, Ethereum Price & Crypto News
Ethereums NFTs are buzzing. In a mere seven days, their trading volume rocketed by 124%, reaching an impressive $142 million. This massive growth has everyone asking: Whats the future for these digital treasures?
A few key reasons are driving this uptick:
Several NFT projects are stealing the spotlight:
The recent NFT surge might be a prelude to a bigger crypto bullrun. Historically, when mainstream interest in one crypto area grows, it spills over. This could mean more investors diving into the broader crypto market. If Bitcoin and major altcoins start rallying, it could further boost confidence in NFTs. However, with highs come potential lows. Its essential to remember that crypto markets can be volatile.
The NFT scene on Ethereum is sizzling right now. While the growth is thrilling, the journey ahead is still unfolding. For those diving in, staying updated and cautious is the way to go.
Go here to read the rest:
The Aptos Blockchain Suffered A Five-Hour Outage: Why Ethereum … – Tekedia
While celebrating its one-year anniversary, the blockchain Aptos suffered a 5-hour outage. The outage happened when the platform was hosting a mass drawing application. While blocks on the network usually confirm in less than a second, AptoScan shows a 5-hour and 6-minute difference between two transactions on October 18th. To celebrate its first birthday, the Aptos Foundation created a drawing platform Graffio.art where Aptos wallet users could contribute to a blank canvas to create a community art piece. When the shutdown occurred, 4,000 users were painting on the online canvas.
The outage had an impact on the native gas-paying token APT, which dropped from 2.2% shortly after the outage happened. Overall, the token is trading 35.8% lower than when it launched last year. Outages such as these have long-lasting impacts on crypto projects, rendering them unreliable in the eyes of investors. At a time when crypto is plagued by bad press, experiencing outages like this one can have a devastating effect on the projects future.
In this article, were delving into some crypto projects that are more reliable than Aptos. Ethereum ($ETH), Cardano ($ADA), and the new crypto project Doge Uprising ($DUP) all show a more reliable future and were exploring how.
Ethereum is widely regarded to be one of the most reliable blockchain platforms. Although there have been a few instances where Ethereum has experienced disruptions in service, this has generally been caused by network congestion issues or problematic nodes rather than complete blockchain outages. As with any complicated system, Ethereum is not immune to technical issues. For example, in early 2023 Ethereum failed to finalize transactions for 25 minutes. However, luckily the platform managed to avoid a full outage and some even argue that the 25-minute period had zero impact on Ethereum at all.
Although Ethereum is one of the most reliable platforms, with great long-term potential, nothing is 100% predictable in the crypto space. All crypto investments have the potential to be incredibly volatile, with large peaks and troughs in price movement. If youre prepared to take the risks, the rewards could be huge, but so could the losses.
Cardano ($ADA) has a reputation as one of the most stable and reliable blockchain networks in the cryptocurrency industry. It ran smoothly for more than five years until early 2023 when 50% of the nodes had a temporary outage. However, this was only brief and didnt take the whole network offline. The Cardano node is a core component that underpins the whole Cardano network. A blockchain network is simply just a collection of interconnected nodes, working together to validate transactions and utilize consensus. Although the 50% node outage caused disruption, it didnt take the whole network down like Aptos.
The new crypto project Doge Uprising is looking to be an exciting new project with lots of utility. Putting its community at the forefront, this cryptocurrency will aim to remain reliable and stable for its users. The project has an immersive Web3 universe in its roadmap, which will only find success if users can delve into the space uninterrupted by consistent outages.
As an ERC-20 token, it plans to harness the power of Ethereum, making it the technological backbone of the project. The ERC-20 standard ensures compatibility with other decentralized applications on the Ethereum blockchain which fosters unity. Ethereum is a flexible, reliable foundation to fuel Doge Uprisings tokenomics and power the staking, yield farming, and NFT collections it has planned. Beyond just the technical prowess, the ERC-20 backbone integrates Doge Uprising seamlessly into the blockchain framework, breathing life into its Doge Mecha NFTs.
If youre interested in finding out more about this project, follow the links below.
Doge Uprising ($DUP):
Like Loading...
Read the original:
The Aptos Blockchain Suffered A Five-Hour Outage: Why Ethereum ... - Tekedia