The Flippenings: Bear to Bull Market and Ethereum NFTs to Bitcoin Ordinals
China’s possible entry into NFTs, Russia’s crypto payments, and new token standards fuel market optimism.
Ethereum NFTs now transferable to Bitcoin
Ordinals’ BRC-721E token standard is set to introduce NFT transfers from Ethereum to Bitcoin through a burn and claim process.
Bitcoin and Ethereum: Two titans battle for NFT supremacy
Unpacking the NFT disparity at Veecon & BTC Miami 2023: established ETH vs emerging BTC. CryptoSlam seeks to bridge the gap.
Ethereum had over US$635 mln in NFT wash trades in April, CryptoSlam reveals
Nearly 60% of April NFT sales on Ethereum have been flagged as wash trades, with Blur marketplace’s token farming incentivizing the activity, CryptoSlam data shows.
Sotheby’s launches NFT marketplace for transactions on Ethereum, Polygon networks
Sotheby’s, which accounts for 24% of global art auction sales, has launched an online secondary marketplace for its curated NFTs as the 279-year-old auction house for fine art expands its push into digital assets.
Bitcoin, Ethereum gain amid banking woes
Welcome to Market Movers – April 28, 2023 – presented by Megha Chaddah. It’s been a wild week in the world of crypto. From fears of collapsing banks to unsubstantiated rumors crashing the price of Bitcoin briefly, the crypto market has somehow found its footing and recovered by the end of the working week. On […]
CoinShares says weekly investment in Ethereum-linked products rebounds after hard fork
Ethereum-linked digital asset investment products saw inflows of around US$17 million in the week ending April 21, up from US$300,000 in the previous week, appearing to show investor confidence following the blockchain’s milestone upgrade, Coinshares report shows.
SEC’s Gary Gensler dodges question on whether Ethereum is a security
SEC Chair Gary Gensler did not give a direct answer when asked whether Ether is a security or a commodity at a congressional oversight hearing on Tuesday.
Ethereum inflows slow following Shanghai upgrade, exchanges see Ether influx
CoinShares data showed Ethereum-linked products saw little investment interest with inflows of around US$300,000 in the week ending April 14, accounting for a tiny portion of the total US$114 million weekly inflow into digital assets and despite the blockchain’s milestone upgrade last week.
Ethereum ups the ante post Shapella upgrade
Welcome to The Daily Forkast – April 14, 2023 – presented by Megha Chaddah. Ethereum’s feeling the hype as the Shapella upgrade is out in full force, showing a near 11% increase over the last 24 hours. Dogecoin also saw a spike as Twitter announced a partnership with E-Toro which would allow users to buy […]
Ethereum Shanghai upgrade prompts Ether withdrawals, but no stampede for exits
Ether holders withdrew more than US$102 million worth of Ether in the first six hours after the Shanghai upgrade opened the door to cash out the staked token, though analysts see the amount as within expectations.
Ethereum stands firm as Shapella upgrade rolls out
Welcome to The Daily Forkast – April 13, 2023 – presented by Jeff Cheung. Ethereum’s Shapella upgrade is finally here, and despite worries of selling pressure now that staked ETH withdrawals have been made easier, it has held its ground above the US$1,900 level. Other currencies have seen a slight dip overnight though, as the […]
Ethereum rolls out Shapella upgrade amid worries over price pressures
Top blockchain and crypto news: Ethereum fork prompts price fall fears. Satoshi is found — in Apple software. Hong Kong ramps up Web3 plans.
Ethereum blockchain upgrade unlocks US$34 billion in Ether, what does it mean for crypto prices?
The upcoming upgrade to the Ethereum blockchain will allow users to withdraw millions of “staked” Ether, the native cryptocurrency, for potential sale. That would typically indicate a flood of selling pressure awaits the token, but not everyone is buying that.
Ethereum’s Shapella upgrade is imminent – and investors are excited
Ethereum is set for a few upgrades which will see quality of life improvements and aproof-of-stake protocol.
DeGods begins migration to Ethereum
Largest Solana NFT DeGods has started its migration to Ethereum just days after Y00ts began to move to Polygon.
Binance sees US$627 mln in net Ethereum outflow following CFTC lawsuit
Binance saw about US$627 million in net Ethereum-related withdrawals in the 24 hours through Tuesday morning, data from blockchain analytics platform Nansen showed.
What impact will Ethereum’s Shanghai upgrade have on ETH and crypto markets?
Despite the potential sell pressures after Ethereum’s upcoming hard fork, it’s more likely that ETH stakers will hold for the longer term, writes Bill Xing of Bybit.
CFTC chair calls Ethereum a commodity, in contrast to SEC chair Gensler’s position
CFTC chair Rostin Behnam has called Ethereum a commodity and not a security, in apparent contrast to past statements from SEC Chairman Gary Gensler.
Ethereum validators win ‘short term’ as Blur, OpenSea rivalry drives up gas fees
Ethereum validators are benefiting from the increasingly heated competition between the two largest NFT marketplaces that is driving up gas fees, but the windfall may not last much longer.
Ethereum core developers delay Shanghai hard fork to early April
The expected launch of the Shanghai hard fork has been delayed from late March to the first two weeks of April, according to Ethereum developers on Thursday.
Crypto miner Hive Blockchain posts wider losses, cites Ethereum Merge
Vancouver-based cryptocurrency mining firm Hive Blockchain Technologies Ltd. reported bigger losses in its latest quarterly earnings report published Tuesday, mainly due to Ethereum’s Merge and lower Bitcoin prices. See related article: Bitcoin mining difficulty dips 0.5% over two weeks after hitting record high Fast facts See related article: Bitcoin miner Greenidge Generation cuts NYDIG debt […]
Donald Trump helps Polygon NFTs outsell Ethereum on OpenSea exchange for second month
The non-fungible token (NFT) project by former U.S. President Donald Trump has helped its host network, Polygon, outsell Ethereum on the leading NFT marketplace OpenSea for the second straight month, according to transaction data.
Ethereum’s Shanghai Mainnet moves one step closer as “Shadow Fork” goes live
Software developers for Ethereum, the world’s second-largest blockchain, on Monday said they successfully deployed a copy of the blockchain — or “shadow fork” — to run tests of the upcoming Shanghai hardfork upgrade scheduled for March.
Markets: Bitcoin, Ethereum extend losses
Bitcoin and Ethereum fell Thursday afternoon in Asia, along with all other top 10 non-stablecoin cryptocurrencies on market concerns the U.S. Federal Reserve may increase interest rates further to tackle inflation.
It’s Ethereum forking time
Although investors fear the Shanghai upgrade brings selling pressure to Ethereum, Amber’s Justin D’Anethan shares why this can be a bull case for Ethereum.
Markets: Bitcoin, Ethereum up, Cardano leads gains
Bitcoin and Ethereum prices were little changed on Monday morning in Asia along with most non-stablecoin top 10 cryptocurrencies by market capitalization. Cardano led gains with 1.65% while BNB lost most with 0.96%.
Top Solana NFT projects find new homes on Ethereum, Polygon
Top Solana-based NFT projects DeGods and Y00ts are moving away from the network, both projects announced on Twitter on Monday.
Visa explores auto payments on Ethereum
Visa is researching ways to introduce recurring, automatic payments for self-custodial Ethereum wallets.
MetaMask partners with PayPal for Ethereum purchases through wallet
ConsenSys Inc., the company behind leading crypto wallet MetaMask, announced on Thursday a new partnership with PayPal Holdings Inc.
Ethereum software developer ConsenSys co-launches Ethereum Climate Platform at COP27
Core Ethereum contributor ConsenSys co-launched the Ethereum Climate Platform (ECP) at the COP27 climate change conference in Egypt.
FTX hacker becomes 35th largest Ethereum holder
The address associated with the FTX hack swapped US$48.2 million worth of DAI stablecoins to 37,570 Ether and became the 35th largest holder of the world’s second-largest crypto.
Token price of Ethereum-based play-to-earn company Gala Games falls some 20% after hacking scare
The network says the apparent attack was just a preemptive safeguard against an issue with a cross-chain bridge.
Ethereum’s LooksRare latest NFT marketplace to make creator royalties optional
LooksRare is the latest NFT marketplace to make paying creator royalty fees optional as the industry struggles amid an ongoing slump in the NFT market.
Crypto a ‘better bet’ than gold, says Ethereum cofounder Vitalik Buterin
Ethereum founder Vitalik Buterin has called crypto “the better bet” over gold, and that “gold has less adoption than crypto.”
Ripple devs push for Ethereum smart contract compatibility with XRPL sidechain
The first XRP Ledger (XRPL) Ethereum Virtual Machine (EVM) compatible sidechain has gone live on the parallel test network, XRPL Devnet, Ripple developers announced on Monday.
Ethereum supply would have grown by 350,000 tokens under PoW
A recent token launch on Ethereum pushed the network into a deflationary state and the blockchain’s shift to PoS may lower supply even further.
Ethereum price undervalued since The Merge: report
Nearly half of 55 fintech and crypto experts believe Ethereum has been underpriced since the network became a proof-of-stake blockchain through “The Merge” upgrade last month, according to a recent report from financial service firm Finder. See related article: Why YOU should back Ethereum’s Fork Fast facts While 46% of the surveyed panelists said Ether […]
Top Ethereum gas guzzler XEN Crypto is crunching ETH supply
Ethereum’s supply growth entered a deflationary state on Saturday, a first for the blockchain since The Merge upgrade that shifted the network to a proof-of-stake consensus mechanism in September. See related article: Scalability is Ethereum’s post-Merge focus: Vitalik Buterin Fast facts Ether’s (ETH) burn rate has gone up along with gas fees (transaction fees) since […]
Bitcoin mining difficulty hits new high after Ethereum ‘Merge’ makes space
Bitcoin mining difficulty climbed to a record high on Monday, a large part of which is attributed to Ethereum’s “Merge” upgrade freeing up more room for Bitcoin miners, according to Bloomberg. See related article: Brazil police bust crypto group led by ‘Bitcoin Sheikh’ Fast facts Bitcoin mining difficulty, a measure of the amount of work […]
Ethereum liquidity staking protocol Lido links to L2 networks Arbitrum, Optimism
Ethereum liquid staking protocol Lido has announced the expansion of its staking token stETH to Ethereum layer 2 networks Arbitrum Bridge and Optimism, according to a Friday tweet. See related article: Vitalik Buterin: Layer 2 the future of Ethereum scaling Fast facts This expansion comes with the launch of a token called wstETH — a […]
SEC fines Kim Kardashian US$1.26 mln for promoting EthereumMax
Reality TV star Kim Kardashian has been fined US$1.26 million by the U.S. Securities and Exchange Commission (SEC) for promoting EthereumMax (EMAX) tokens on her Instagram account without disclosing the US$250,000 payment she received for the endorsement. See related article: Bollywood megastar Amitabh Bachchan ponies up tax on NFT sale Fast facts The SEC said […]
Scalability is Ethereum’s post-Merge focus: Vitalik Buterin
Vitalik Buterin identified Ethereum’s next big challenges as scalability and layer 2 implementations at the Converge22 conference.
Christie’s launches curated art Ethereum NFT marketplace
Christie’s, the 256-year-old fine art auction house, is debuting Christie’s 3.0, an Ethereum-based NFT marketplace with the launch of an exclusive collection from leading Web 3.0 visual artist Diana Sinclair. See related article: Naver and LINE launch NFT platform for K-pop fans Fast facts The New York-based auction house has made waves in the space, […]
Why YOU should back Ethereum’s Fork
The SEC’s plans for POS regulation could make Ethereum’s POW fork more attractive. Chinese miner Chandler Guo joins us to talk about it.
Markets: Dogecoin reenters top 10 tokens by market cap, Bitcoin and Ethereum up
Crypto markets continued their recovery streak in Tuesday evening trade in Asia with Bitcoin rising over 4% in the past 24 hours to be the second-highest gainer among the top 10 tokens by market capitalization, only behind XRP. Despite a 4.3% recovery, Ethereum was still down over 20% over the past seven days in the […]
Ethereum’s PoW forks competing for market share see significant selloff
These PoW forks were created to keep revenue flowing for Ethereum’s miners, but plummeting prices put that plan at risk.
Will Ethereum ever surpass Bitcoin? This is “The Flippening”
Many believe Ethereum is destined to overtake Bitcoin’s dominance in an event known as “The Flippening.” Find out if Ethereum’s reign is inevitable in this Forkast explainer.
CEL price rallies to US$4.26 during Ethereum’s Merge
The bankrupt crypto lender Celsius Network’s native CEL token suddenly spiked to US$4.26, during Ethereum’s much-anticipated Merge, according to data from CoinGecko. See related article: Celsius CEO Alex Mashinsky floats restructuring as custody business amid bankruptcy proceedings Fast facts CEL’s price has since dropped to US$1.94, making it the 61st largest cryptocurrency by market capitalization, […]
Ethereum’s last PoW and first PoS NFTs minted for 67.5 ETH
The last block on the proof-of-work (PoW) Ethereum chain before The Merge was filled by a VanityBlocks non-fungible token (NFT) minted for 31.5 ETH, which was succeeded by the first NFT in the post-Merge proof-of-stake (PoS) chain minted for 36 ETH. See related article: Fungible after all? Duplicates may disrupt NFT industry after Ethereum Merge […]
Ethereum mining machine maker Sunlune concludes ‘tens of millions’ Series A with chipmaker Intel’s investment arm
Chinese Ethereum mining rig maker Sunlune has concluded its Series A fundraising with “tens of millions” of US dollars from Intel Capital, in an announcement two days before the completion of the Ethereum Merge. See related article: Why Ethereum Merge will be game-changing for DeFi and crypto investing Fast facts See related article: Crypto miners […]
Markets: Prices rise as Ethereum Merge boosts ETH, linked tokens
Cryptocurrency markets trended higher in Thursday afternoon trading in Asia, with global market capitalization up 0.4% in 24 hours, trading at US$995.9 billion, still under the US$1 trillion benchmark it dropped below last night. All cryptocurrencies in the top 10 by market cap, with the exception of Bitcoin, strengthened. See related article: Markets: Bitcoin little […]
Ethereum says Merge upgrade successfully completed, more to come
The Merge is a milestone in slashing electricity use on the Ethereum blockchain, but there are plenty more upgrades in the pipeline.
Binance launches Ethereum staking ahead of Merge upgrade
Top blockchain and crypto news: Binance bets on Ethereum Merge. What does Terra’s sudden resurgence mean? China seeks to expand e-CNY ecosystem.
Why Ethereum Merge will be game-changing for DeFi and crypto investing
Ethereum post-Merge will be much more attractive to institutional investors keen on ESG and earning stable yields, writes Wei Zhou of Coins.ph. Here’s why.
Fungible after all? Duplicates may disrupt NFT industry after Ethereum Merge
The Merge is the most anticipated event in the crypto industry in years, but could the multibillion dollar non-fungible token industry become an unexpected casualty?
All aboard the good ship Ethereum for The Merge. Next stop?
The most critical upgrade in Ethereum’s history is just around the corner, so what will it mean for prices of cryptocurrency?
Why Ethereum Merge won’t be able to overcome the ‘Scalability Paradox’
Ethereum’s completion of its much anticipated ‘Merge’ this week will unlikely improve the network’s long-term speed or scalability, writes Mark Lurie of Shipyard Software. Why is this so, and why will it still be good for innovation?
Ethereum has had problems since its inception. Will the ‘Merge’ solve them?
Ethereum has long grappled with centralization, which the Merge will unlikely address in a meaningful way, writes Daniel Dizon of Swell Network.
The Ethereum Merge approaches; Building better systems
The Bellatrix upgrade for Ethereum is now live, but what should we be expecting as the merge comes closer?
Markets: Bitcoin, Ethereum hold gains, Terra Classic soars on Luna airdrop
Bitcoin held onto gains above US$19,000 in late afternoon trading in Asia. Ethereum also rallied to post the biggest gain among tokens in CoinMarketCap’s top 10 by market capitalization. Terra Luna Classic surged more than 50%. See related article: Markets: Bitcoin climbs above $19,000, Ether bounces back, BNB gains on staking Fast facts Bitcoin rose […]
Why the real Ethereum killer might just be Bitcoin
Bitcoin is the most secure blockchain, and Ethereum’s proof-of-stake move will expose it to more security risks, writes Jagdeep Sidhu of Syscoin Network.
SEBA Bank launches Ethereum staking services as ‘Merge’ nears
Switzerland-based SEBA Bank, a global cryptocurrency lender, has introduced Ethereum staking services aimed at enabling clients to earn staking rewards on Ethereum. See related article: Ethereum’s Bellatrix upgrade now live despite concerns Fast facts Ethereum staking services would enable clients to earn rewards on a monthly basis, with adjustable lock-up periods available post-Merge, SEBA Bank […]
Ethereum’s Bellatrix upgrade now live despite concerns
The second-last upgrade required ahead of “The Merge” has gone live, though some kinks may need to be ironed out before the main event.
Ethereum Classic surges over 24%, hashrate hits record high
ETC, the token of Ethereum Classic, logged a double-digit gain in the past 24 hours as of Tuesday morning in Asia, while its hashrate hit a record high on Monday as miners look for alternatives in anticipation of the “Merge.” See related article: Markets: Bitcoin rises slightly, Ether and Ethereum Classic gain amid price run […]
Markets: Bitcoin rises slightly, Ether and Ethereum Classic gain amid price run for alternatives
Bitcoin rose slightly in Tuesday morning trading in Asia after falling below the key resistance line of US$20,000 on Monday morning. Ether posted the greatest gains in the crypto top ten by market cap as the rest of that list rose or fell by less than 1%. See related article: Markets: Bitcoin, Ether edge up; […]
Ethereum Merge’s impact on NFTs
Welcome to The Daily Forkast – September 2, 2022, presented by Joel Flynn. Coming up on today’s show: Could Ethereum’s Merge cause chaos for the NFT market? Number of unique NFT buyers falls below 500,000. We’ll take a deep dive into that in this episode of The Daily Forkast September 2.
Why Ethereum PoW fork gains some crypto exchange backings
Amid uncertainty over Ethereum ‘Merge,’ some seek ways to potentially profit
Ethereum’s Vitalik Buterin to release book on proof of stake
Vitalik Buterin will release a book on proof-of-stake consensus on Sept. 27, compiling various writings by the Ethereum founder over the last 10 years, according to his recent Twitter post. See related article: Vitalik Buterin says he used Tornado Cash to donate to Ukraine Fast facts The book, titled “Proof of Stake, The Making of […]
Markets: Ethereum, Ethereum Classic lead crypto gains as Bitcoin posts modest gains
Ethereum and Ethereum Classic headlined the day’s top gainers among the crypto top 100 while Bitcoin traded sideways during early Friday morning trading in Asia. The total crypto market was up 1.3% to US$1.04 trillion while U.S. investors remain shaky as they await guidance on possible interest rate rises from the Federal Reserve. See related […]
Crypto miners plan to fork Ethereum, will it make a difference to the Merge?
Ethereum has by far the most developers from DeFi projects to NFTs so how are they expected to respond to a plan by Etheruem miners to fork the network, a move miners argue is needed to stay in business.
Ethereum finalizes start date for Bellatrix upgrade
The “Bellatrix” upgrade ahead of the Ethereum merger will activate on Sept. 6, followed by the Ethereum mainnet merge between Sept.10-20, according to a blog published on Thursday by the Ethereum Foundation. See related article: Fast facts See related article: Chandler Guo tells why he is the man who would hard fork Ethereum