Ethereum Financial News

Bitcoin and Ethereum, two paramount forces in the cryptocurrency realm, are currently experiencing minimal fluctuations of around 1%. They are trading near $26,500 and $1,600, respectively, with an intriguing neutrality, potentially influenced by a tempered trading volume.

Google Cloud has announced an addition of 11 blockchains to its ‘BigQuery’ program for datasets in a bid to provide easy access to blockchain data.

In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday.

Google Cloud’s BigQuery service just added 11 blockchains networks to its data warehouse, according to a September 21 blog post. The new networks include Avalanche, Arbitrum, Cronos, Ethereum Görli testnet, Fantom, Near, Optimism, Polkadot, Polygon mainnet, Polygon Mumbai testnet, and Tron.

The Federal Reserve did not hike interest rates in its meeting on Sep. 20 but hinted that rates could remain higher for longer. At the post-meeting press conference, Fed Chair Jerome Powell cautioned that “the process of getting inflation sustainably down to 2% has a long way to go.”

Meme Kombat ($MK) is a hot new token that combines the charm of memes and competitive gaming to create a unique Ethereum-based token—$MK.

The Ethereum (ETH) network experienced a surge of abnormally high gas fees on Thursday, with over 140,000 transactions directed to a wallet address labeled by Etherscan as “Binance 14.”

Meme Kombat is a trending new token that combines the power of memes with combat gaming to offer active and passive income streams for its players.

Decentralized exchange Pancakeswap now offers Transak as a provider in its “buy crypto” tab, giving Pancakeswap users an additional option when shopping for crypto, according to an announcement on September 21. Mercuryo and Moonpay were previously providers for this feature, making Transak the third provider to be added.

Blockchain development firm Consensys has announced the launch of its inaugural Consensys Fellowship Program, aimed at providing critical support for Web3 startups and founders.

Blue chip cryptocurrency markets are under pressure on Thursday, with Bitcoin (BTC) having dropped more than 2% to the mid-$26,000s and Ether (ETH) down 2.5% under $1,600.

Thursday, September 21st, 2023 – TG.Casino gaming crypto presale launches today and has already raised $140,000 in minutes – $TGC token looks set to be the next Telegram bot token to explode.

Proof of Play, a company led by Farmville co-creator Amitt Mahajan, raised $33 million to create Web3 games, according to a Sept. 21 announcement. Majahan is the CEO of Proof of Play, and Twitch co-founder Emmett Shear is a board member.

A crypto wallet belonging to trading platform Binance has spent 530 Ether (ETH), worth around $843,797, in gas fees in just 24 hours, according to blockchain data explorer Etherscan. 

An Ethereum developer has managed to get ChatGPT to launch its own ERC-20 token, AstroPepeX (APX), modeled off data from the top traded tokens on Uniswap.

Blockchain oracle network Chainlink has tapped into Ethereum (ETH) layer 2 scaling protocol Arbitrum to drive cross-chain decentralized application development.

Ether (ETH) has seen a 36% year-to-date increase in its price in 2023 in U.S. dollar terms. This recovery, however, is modest given that ETH is currently trading 66% below its November 2021 peak of $4,870.

The Ethereum price has dropped by 1% in the past hour and by 2% in the past 24 hours, as the market's biggest altcoin continues to be affected by the delay of the Holesky testnet launch.

The US Federal Reserve announced its interest rate decision after a two-day FOMC meeting and left the benchmark interest rates unchanged at 5.25% — 5.50%. But Fed officials also signalled that they expect to raise rates once more this year. Bitcoin (BTC) fell 0.42% to $26,997, whereas Ethereum (ETH) was just above the 1,600 level. Meanwhile, the global cryptocurrency market cap was trading lower, around $1.07 trillion, falling 0.56% in the last 24 hours. «Bitcoin is staying afloat around $27,000 in spite of declines in stock indices after the US Fed's press conference. While the Fed held its interest rates, it signalled an upcoming increase before the end of the year. US Dollar index, DXY, continues to showcase strength which can negatively impact crypto asset prices in the near term,» said Vikram Subburaj, CEO of Giottus Crypto Platform.

Mainstream media outlet Rolling Stone has declared that nonfungible tokens (NFTs) are “finally totally worthless,” citing the results of a DappGambl study on the “evolving landscape” of NFTs. The study found that as many as 95% of NFTs (owned by more than 23 million investors) have no value at all.

The highly anticipated opBNB Mainnet has gone live on September 13, 2023. Founded on the pillars of scalability, security, and cheaper transaction fees, opBNB's inauguration is poised to bring another one billion users into the realm of Web3.