Ethereum Financial News

16.06 / 21:02

Blockchain Technology Ethereum Cosmos network services Global compute network announces mainnet launch to solve fundamental problems with cloud services

The internet continues to exist as the backbone of society at large. The only drawback is that the traditional internet model relies on all devices being connected to nodes that centralize information, redistributing it to form a flow. Consequently, centralization can lead to a lack of privacy and a single point of failure for all websites that rely on it. Blockchain changes this by creating a distributed network, where all devices store all the information on the web. Although the technology is still new, its aspirations are large and its computational needs are growing.

16.06 / 18:27

Ethereum economics Federal Reserve Bitcoin analysts Bitcoin, Ethereum Struggle a Day After Fed's Record Rate Hike as Analysts Hope for a Bounce

The bitcoin (BTC) and broader crypto market failed to recover higher and returned to the selloff on Thursday, after a brief rally following the US Federal Reserve’s (Fed) announcement on Wednesday that it had raised rates by 75 basis points, its largest rate hike since 1994.

16.06 / 16:05

Blockchain Ethereum Adoption Financial Top Blockchain Non-Financial Applications According to Vitalik Buterin

Ethereum (ETH) co-founder Vitalik Buterin has been quite vocal recently about the non-financial applications of blockchain technology and has published a paper on June 12 listing some use cases.

16.06 / 15:35

markets Ethereum Investments Interest rates Ethereum sell-off resumes with ETH price risking another 25% decline in June

Ethereum's native token Ether (ETH) slumped on June 16, suggesting that its relief rally coinciding with the Federal Reserve announcing it will hike the benchmark rate by 0.75%, is at risk.

16.06 / 10:23

Ethereum ETH Lowe's week Could 3AC affect Ethereum enough to register newer lows this week

The global crypto market cap has dropped by $369 billion in the past week. Ethereum [ETH], as it stands, took the biggest hit during the past week among the top 10 cryptocurrencies. But the question is- What conspired against ETH as it plunged to new lows on 15 June?

16.06 / 09:25

Ethereum Digital Strategy Mobile BAYC's Monkeys Come Alive in Black and White in IONNYK's Frames

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

16.06 / 08:51

Blockchain UPS Ethereum Standard Crypto Conversations | ERC-1155: Why this Ethereum standard is special

The Ethereum blockchain hosts a slew of tokens, and not all of them are created similarly. For instance, some Ethereum tokens are fungible and easily interchangeable (most of these follow the ERC-20 standard) while some others are unique- called the non-fungible tokens or the NFTs.

16.06 / 02:35

Ethereum Lowe's Align Is the $20-level next for ‘oversold’ Solana [SOL]

SOL was once very popular as it emerged on the heels of Solana’s aggressive growth, aiming to be the Ethereum killer. Fast forward to present day, however, and Solana is not as hyped as it used to be. In fact, SOL’s price has suffered a major downturn over the last few months.

16.06 / 02:35

UPS Ethereum ETH Lowe's Ethereum: Improved sentiment can see ETH bounce back to…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

16.06 / 00:39

business Blockchain Ethereum Adoption Ankr partners with Optimism to provide a fast and reliable RPC service for users

Ankr, a company that provides one-click node deployment and Web3 infrastructure, has announced that it will become a remote procedure call provider for Optimism.

15.06 / 22:47

Ethereum XRP Cardano Bitcoin Price analysis 6/15: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO. SHIB

Bitcoin (BTC) plummeted close to the crucial support of $20,000 as traders panicked and dumped their holdings, fearing an aggressive rate hike by the United States Federal Reserve on June 15. Another reason for the sell-off could be fears of possible contagion if lending platform Celsius and crypto venture capital firm Three Arrows Capital (3AC) go belly up.

15.06 / 17:55

Ethereum ETH cryptocurrency L2 Ankr Becomes an RPC Provider to Ethereum L2 Scaling Solution Optimism

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

15.06 / 14:31

Ethereum Investing Staking Three Arrows Capital After Terra and Celsius, Crypto Market Now Might Be Hit With Three Arrows

The major crypto hedge fund Three Arrows Capital (3AC) is rumored to be insolvent, with reports suggesting the firm has already faced massive liquidations and on-chain data indicating large sales of ethereum (ETH) staked on staking provider Lido in the past week.

15.06 / 13:49

Technology Ethereum defi Investments Coinbase NFT marketplace: How to buy NFTs on Coinbase?

Not only is the number of nonfungible token (NFT) collections growing at a phenomenal rate, but so are the NFT marketplaces. Previously, NFT marketplaces were mainly decentralized applications (dApps) on various blockchains, but nowadays, crypto exchanges are also seeing the benefits of having their own NFT marketplace. This includes Coinbase, the exchange with the most users worldwide, which, of course, cannot lag behind the competition.

15.06 / 12:07

Ethereum solana BNB Bitcoin Top cryptocurrency prices today: Bitcoin, Ethereum, BNB, Solana zoom up to 6%

Bitcoin and other major crypto tokens eked out minor gains ahead of the US Fed meet outcome but crypto traders remained pessimistic about future price action. Fears that the Bitcoin can drop below $20,000 mark also kept traders on edge. It is believed that the weakness would continue if the global macroeconomic scenario does not improve. Barring the dollar-pegged USD Coin and Tron, the majority of the crypto tokens were trading with gains on Wednesday. Solana gained up to 6 per cent, whereas Ethereum rose 5 per cent. BNB was also 3 per cent up.

15.06 / 09:57

Ethereum cryptocurrency Personal Finance Bitcoin Crypto crash leaves investors in a tizzy. What should their next move be?

The year 2022 has not been a good one for crypto assets, as investors have seen sharp profit booking after a solid rise in 2021. Bitcoin, the cryptocurrency with the largest market capitalisation, closed at around Rs 17.55 lakh on 13 June, 2022 — its lowest level since December 2020 — on growing fears of the US slipping into a recession and in anticipation of rising interest rates.

15.06 / 08:35

Ethereum coinbase Bitcoin Coinbase to cut 1,100 jobs amid turmoil in crypto markets

San Francisco: Cryptocurrency exchange Coinbase Global Inc said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, as part of efforts to rein in costs amid volatile market conditions. The layoffs come a day after Bitcoin fell as much as 14% after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers, in the latest sign of the financial market downturn hitting the cryptosphere. Coinbase said earlier this month that it would extend its hiring freeze for the foreseeable future and rescind a number of accepted offers.

15.06 / 05:53

markets Ethereum Investments Bitcoin Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in

Some of the highest-profile investors in crypto believe that a crypto market bottom is fast approaching and the timing is right to buy — although one still warns of catastrophic outcomes should prices fall below established support levels.

15.06 / 04:43

Ethereum Solana [SOL]: Before you go short, watch out for these factors

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.

15.06 / 02:47

markets Ethereum defi Ethereum price falls below $1.1K and data suggests the bottom is still a ways away

Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10, 2021.

15.06 / 00:13

Ethereum Adoption Binance Bitcoin Binance CEO plans to leverage crypto winter

Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business.

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