Browsing:Ethereum

Ethereum (ETH) saw over $25 billion flood into its market capitalization in less than 24 hours, rising from $164.42 billion on October 25 to $185.06 billion on October 26.
2 years ago 1 min read

Ethereum adds over $25 billion in 24 hours, as the price of ETH surpasses $1,500

For the first time in weeks, the cryptocurrency market saw positive growth, with a market cap value increase of more than $60 billion in the last 24 hours. According to statistics from CoinMarketCap, Ethereum (ETH) saw over $25 billion flood into its market capitalization in less than 24 hours, rising from $164.42 billion on October 25 to $185.06 billion on October 26. Furthermore, the decentralized finance (DeFi) coin rose from $1,347 to $1,517, breaking above the critical $1,500 price threshold, up 14.58% on the day and 16.65% over the previous week. Ethereum is also the most trending cryptocurrency on the

Supremacy, a Web3 security business, highlighted Etherscan transaction history, which revealed that the hacker(s) were able to pilfer 204 ETH in gas fees so far, totaling $259,800
2 years ago 1 min read

Ethereum Alarm Clock attack has resulted in $260K in stolen gas fees

Supremacy, a Web3 security business, highlighted Etherscan transaction history, which revealed that the hacker(s) were able to pilfer 204 ETH in gas fees so far, totaling $259,800. A flaw in the smart contract code for the Ethereum Alarm Clock service has reportedly been exploited, with approximately $260,000 allegedly stolen from the protocol thus far. The Ethereum Alarm Clock allows users to schedule future transactions by predetermining the recipient address, sending amount, and transaction time. For instance, to complete the transaction, users must have the needed Ether (ETH) on hand as well as pay the gas expenses ahead. According to a

Ethereum price in 2022
2 years ago 1 min read

Bulls Reaction Anticipated as Ethereum Price Lingers at $1299

The price of Ethereum has once again declined at the $1299 price mark, with the coin returning to its charts from the previous day. Within a 24-hour window, ETH largely remained static on its charts. Continued side trades are expected to push the Ethereum price towards the $1200 support level. Bitcoin, as the benchmark, has also remained mundane in the last 24-hour window period. This inactivity also held true for the vast majority of altcoins. Ethereum’s technical outlook strongly suggests that the bulls are not in control of the market. This is indicated by the continued rejection at the $1300 price

FTX delivered Voyager Digital's primary wallet 50,000 Ethereum, valued at around $65 million.
2 years ago 2 mins read

FTX sends 50,000 Ethereum to Voyagar Digital

According to a recent source, FTX delivered Voyager Digital’s primary wallet 50,000 Ethereum, valued at around $65 million. The transaction was confirmed in a tweet by Alex Svanevik, the CEO of the blockchain analytics company Nansen. Some crypto companies struggled with insolvency as a result of the crypto winter. Even several cryptocurrency businesses left the market as a result of this negative market. Even worse, several businesses drastically reduced their workforce while others completely ceased operations. One of the companies that lost 20% of its workforce owing to cash flow problems was Coinbase. Voyager Digital is one of the businesses

morgan-stanley on Bitcoin
2 years ago 1 min read

Over 180 active crypto ETPs bet money on bitcoin (BTC) and Ether (ET), claims Morgan Stanley

Investment companies aren’t deterred by the drop, despite the crypto market going through one of the coldest downtrends. Investment firms have introduced an increasing number of exchange-traded funds over the past 11 months in the expectation that cryptocurrencies will finally succeed. Since the beginning of the bitcoin bear market, approximately 180 active crypto exchange-traded products (ETPs) and trust products have been released internationally, according to Morgan Stanley. In fact, the speedy introduction of these ETPs was not even hampered by a 70% reduction in the market’s total asset value, which fell to $24 billion. Morgan Stanley further stated that at

Ethereum price undervalued since The Merge: report
2 years ago 1 min read

Ethereum (ETH) price is still undervalued since the Merge

Ethereum, the second largest cryptocurrency by marketcap, is still undervalued since the Merge. According to a recent study by financial services company Finder, nearly half of 55 fintech and cryptocurrency experts think Ethereum is underpriced since the network switched to a proof-of-stake blockchain through “The Merge” upgrade last month. 23% of the panelists in the survey said the token was overpriced, while 46% thought Ether should be valued higher. According to the panelists, ETH may close 2022 at around $1,377 but is predicted to drop as low as US$963 before rising to a high of $1,722 this year. Osom Finance Chief Executive

Crypto enthusiasts can now buy Elon Musk's Burnt Hair perfume with Bitcoin, Ethereum, Dogecoin, Shiba Inu, Bitcoin Cash, and more.
2 years ago 1 min read

Elon Musk accepts payment in BTC, ETH, DOGE, SHIB for his Burnt Hair perfume collection

Elon Musk is expanding the selection of products and services offered by his business that can be purchased using cryptocurrency. Musk calls Burnt Hair perfume, which the billionaire’s tunneling company, Boring Company, just released, “the finest fragrance on Earth.” Musk, the richest man in the world, saw an opportunity to profit from oddball products and released a perfume called “Burnt Hair,” which he claimed made a million dollars in just a few hours by selling 10,000 bottles. “With a name like mine, getting into the fragrance business was inevitable – why did I even fight it for so long!?” Musk

KuCoin Zero Trading fee
2 years ago 1 min read

Zero-Fee Trading on Bitcoin and Ethereum Pairs is Now Available on KuCoin

The global crypto ecosystem, KuCoin, has announced a significant, time-limited promotional offer for traders of Bitcoin (BTC) and Ethereum (ETH). Users can trade on KuCoin without paying any fees. Free BTC and ETH pairs. The company said that there will be a special zero-fee promo campaign that will begin on October 12, 2022, at 10:00 a.m. UTC. The campaign will last seven days. During the campaign, KuCoin services will be accessible to trading pairs for Bitcoin (BTC) and Ethereum (ETH) without any additional charges. Zero-fee trading will be offered for four Bitcoin (BTC) pairs—BTC/USDT, BTC/USDC, BTC/TUSD, and BTC/DAI—and five Ethereum

Ethereum lost almost 20% of its market cap since the Merge upgrade
2 years ago 1 min read

Ethereum Merge fails to meet expectations, price drops by 20%

The historic Merge update raised expectations for Ethereum’s (ETH) future prospects, including the potential for luring new users to the network. The initial phases of the Merge, however, fell short of projections due to the current market crisis, with the asset registering capital outflow. For example, as of October 3, Ethereum’s market value was $195.89 billion, down 19.22% from the $158.23 billion it had on September 15, when the Merge had been formally completed. According to CoinMarketCap, the asset has lost around $37.66 billion over the time period. At the same time, Ethereum’s price, which has consistently fallen despite battling

Ethereum advanced blockchain technology by supporting hundreds of new blockchain networks and native coins. Now, the company is upgrading its blockchain—from Ethereum to Ethereum 2.0.
2 years ago 2 mins read

What Is Ethereum 2.0?

Ethereum advanced blockchain technology by supporting hundreds of new blockchain networks and native coins. Now, the company is upgrading its blockchain—from Ethereum to Ethereum 2.0. The upgrade on the public mainnet is projected to completely transform its predecessor. Ethereum introduced smart contracts and decentralized applications (DApps) to the larger community. It now supports a slew of blockchain initiatives, including those thriving under the decentralized finance (DeFi) banner. Vitalik Buterin, co-founder of the platform, is undergoing a huge makeover to remain at the top of the league. That is when Ethereum will begin to gradually move to Ethereum 2.0, and the

Ethereum (ETH) Market Analysis: July 25th 2022
2 years ago 1 min read

Ethereum (ETH) Market Analysis: July 25th 2022

Ethereum has moved up the chart significantly in the past weeks, even more than bitcoin and most Altcoins. At the writing time, $ETH is trading at $1,536 after dropping from $1,660 in the past few hours. According to the above chart, $ETH has been in a range since July 18th, 2022, and is expected to remain there until the merge takes place or just before it does. The merger could provide the motivation needed for the price of Ethereum to move out of its trading range. The chart above shows that the range is $1500 to $1600. An upward break

JP Morgan Bitcoin
3 years ago 1 min read

JPMorgan To Give Retail Wealth Clients Access To Crypto Funds

JPMorgan would reportedly provide retail wealth customers access to crypto funds. JPMorgan Chase & Co. is an American multinational finance bank and business services holding company. The Major U.S. investment bank JPMorgan Chase is reportedly enabling partners to do crypto trades for more of its clients. According to Business Insider, retail wealth customers at JPMorgan now get access to crypto funds. The report says that all JPMorgan clients soliciting investment advice would have the opportunity to invest in crypto. This includes those run by financial advisers, retail investors using its trading app, and clients serviced by the private bank. In

About us

Optimisus is a Dubai-based fintech media company. We cover the latest AI, crypto, NFT, metaverse, blockchain, and Fintech news influencing the crypto industry.

Email: media@optimisus.com

Get Instant Notifications

Join over million readers and get the latest posts delivered straight to your inbox.

© copyright 2024 all rights reserved | Optimisus