Ethereum News

CryptoPunks Rock NFT Sells for 33 ETH
CryptoPunks Rock NFT Sells for 33 ETH Worth $103,000

An NFT of a rock, EtherRock #33, sold for 33ETH or $103,000 recently.  The rock NFT is part of the CryptoPunks collection launched in 2017. Also, the rock NFT is proof that the NFT boom is far from over. The non-fungible token (NFT) boom is far from over. In fact, earlier this week EtherRock #33, a JPEG of a grey rock, sold for 33 ETH equivalent to about $103,000. To clarify, at the time of writing ETH is trading at $3,149.75 up 20% in the last week. The exorbitantly priced rock NFT is part of the CryptoPunks rock NFT series

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Ethereum Burns 1559 ETH Daily
Ethereum Burns 1559 ETH Daily as “The Merge” Draws Closer

Ethereum is now burning over 1,500 ETH daily as it heads towards The Merge. The Merge will integrate the current ETH mainnet and the beacon chain. Also, crypto analyst Lark Davis called The Merge a huge upgrade for ETH. Top altcoin Ethereum is burning 1,559 ETH daily as the network heads towards its next big goal. According to popular YouTuber and crypto analyst Lark Davis, the next big thing on Ethereum is “The Merge”. While the rise in crypto and blockchain use has made ETH more popular than ever, the increase in utility has not been without a cost. Of

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Bitcoin and Ethereum Miners Earn Record Revenues
Bitcoin and Ethereum Miners Earn Record Revenues for July

Ethereum and Bitcoin miners earned higher revenues in July. ETH revenue rose by 6.63% while BTC rose by 15.8% However, the crypto market is still struggling to rebound after the May crash. Miners of top cryptocurrencies Bitcoin and Ethereum recorded a revenue rise in July. Notably, ETH miners earned 505,300 ETH, while BTC miners earned $971 million. In fact, ETH miners’ revenue increased by 6.63% from June to July. Also, handling fees accounted for about 18% of the increase. Meanwhile, BTC mining revenue increased by 15.8% from $839 million in June. Of note, crypto mining has recently come under fire

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Michael Saylor Responds to Mike Tyson
Michael Saylor Responds to Mike Tyson, Chooses Bitcoin Over Ethereum

Michael Saylor responded to Mike Tyson’s survey, saying he has chosen Bitcoin over Ethereum. Saylor claimed he spent over 1,000 hours studying Bitcoin’s case. The crypto market remains in bearish territory, with most assets in the red. MicroStrategy CEO Michael Saylor recently commented on a question posed by boxing veteran Mike Tyson on Twitter. Tyson asked the space if they preferred Bitcoin or Ethereum, to which Saylor replied Bitcoin. According to the tweet, Saylor spent more than a thousand hours considering the question. Instead of elaborating further, he pointed Tyson to hope.com for further Bitcoin education. Saylor is a well-known

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Fake OpenSea Phishing Site Takes Everything From ETH Hodler
Fake OpenSea Phishing Site Takes Everything From ETH Hodler

An ETH hodler lost all their assets due to a fake OpenSea phishing site.  The hackers got away with $40,000 – $45,000 in digital assets.  The victim posts a thread explaining how this happened. In a horrifying stroke of misfortune, a longtime hodler of ETH and multiple other assets, lost most of their digital fortune. Specifically, the user lost between $40,000 – $45,000 worth of ETH and other assets.  In detail, the hodler shares the woeful tale through a detailed thread on their Twitter account. The user, known as JB (schlig), walks readers through what they said is ‘easily the

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Israel to Trial CBDC on Ethereum Blockchain
Israel to Trial CBDC on Ethereum Blockchain

Israel has already started testing its own CBDC. The country has chosen to use Ethereum blockchain for its smart contract function. The Bank of Israel also revealed that they began researching about CBDC since 2017. The Bank of Israel recently announced that it has begun to trial its own central bank digital currency (CBDC). Interestingly, it will be using the Ethereum blockchain, possibly due to its smart contract functionality. In fact, Israel is calling for smart contract proposals which could be implemented alongside its CBDC smart contract. Earlier, the bank asked experts regarding their thoughts on the creation of a

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Ethereum Market Cap Plunges
Ethereum Market Cap Plunges as Bitcoin Price Sinks

Ethereum market cap crashed hard due to the bearish market ETH remains the second-largest digital asset in the crypto world Ethereum market cap crashes as Bitcoin price slumps further. Specifically, the Ethereum market cap nose dived to almost $200 billion from its previous market cap of over $490 billion. This drastic decline of the ETH market cap is due to the continued high volatility of the crypto market. Truly, we can say that ETH is not in a good position to attract global investors. However, despite the left and right bearish wave of the crypto market, ETH keeps its throne

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Goldman Sachs Ethereum Options
Goldman Sachs to Expand Crypto Trading Options to Ethereum

Goldman Sachs revealed in a phone interview that they are planning to offer Ethereum to its clients. The bank stated that many of its clients are interested in trading cryptocurrencies. At the time of writing, Ethereum price is $2,552.98. Multinational banking giant Goldman Sachs has announced that it is mulling over the expansion of its crypto trading offering to Ethereum along with Bitcoin. Specifically, the bank will offer options and futures trading for the said currency in the succeeding months. According to Matthew McDermott, head of digital assets at Goldman Sachs, they have a lot of clients that are interested

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Ethereum the Next Favorite-of-Elon
Is Ethereum the Next Favorite Cryptocurrency of Elon?

Is Ethereum the next crypto favorite of Elon Musk? Ethereum continues to be the second biggest crypto next to Bitcoin Is Ethereum the next crypto favorite of one of the richest men in the world and Bitcoin investor Elon Musk? These rumors spread like wildfire in the crypto world after Elon tweeted about Ethereum. Truly, for some reason, we all know that most of Elon’s tweets create an impact in the crypto world. Meanwhile, this tweet that Elon posted gathered a lot of opinions across the crypto community. As a result, there were people that agree, some disagree and others

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ETH-Overtakes-3k
ETH Overtakes $3,000 New ATH, Smashes Nestle and P&G Marketcap

Ether overtakes the bullish price of $3,000. ETH beats Nestle and P&G Market Cap Many also believe that the 2021 altseason has indeed arrived. Ethereum is now playing above the $3,000 field, as its recent performance has left Bitcoin and other altcoins in the dust. This made crypto enthusiast Funky react in a tweet post: Indeed, Funky’s reaction over Ethereum is true, as the crypto shows no sign of stopping its price boost. Along with this price boost, the ETH market cap increased to almost $400 billion. As a result, ETH overtakes the market capitalization of Nestle and P&G. Indeed,

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Ethereum-to-Reach-3000.
Ethereum to Reach $3,000 New ATH Soon

Ether may soon reach its newest all-time high (ATH) at $3,000. People have been pumping ETH since the end of April 2021. Many also believe that the 2021 altseason has indeed arrived. Ethereum may soon start playing at the $3,000 field, as its recent performance has left Bitcoin and other altcoins in the dust. In fact, crypto analyst Lark Davis made his prediction last May 1. Indeed, Davis’ prediction may come to pass soon, as Ethereum is already on the verge of hitting the $3,000 level. At the time of writing, ETH price is at $2,932.35, according to CoinGecko. Meanwhile,

1 min read
Bitcoin and Ethereum Smash New All-Time High at the Same Day
Bitcoin and Ethereum Smash New All-Time High at the Same Day

Bitcoin and Ethereum records new ATH on the same day. Ethereum broke $2300 while Bitcoin skyrocketed to over $64k. The crypto world continues to break its limits as Bitcoin and Ethereum hit their new all-time high (ATH) on the same day. In particular, Bitcoin recorded an ATH of over $64k while Ethereum skyrocketed its price to $2399. As a result, this remarkable event was celebrated by both investors and traders in the crypto space. In terms of market standing, both Bitcoin and Ethereum rank at the top among other cryptocurrencies in terms of market capitalization. Specifically, Bitcoin market capitalization amounts

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