Kategorie: Ethereum News

Ethereum news about the ETH blockchain and its crypto ecosystem.

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Dencun upgrade goes live on Ethereum mainnet

  • Ethereum’s Dencun upgrade went live on the mainnet on March 13, 2024 at 13:55 UTC.
  • The upgrade introduces “blobs” which will see a significant reduction in transaction fees for Layer-2 protocols.

Ethereum core developers have activated the Dencun upgrade on the mainnet, with the highly anticipated implementation rolling out at epoch 269568 at 13:55 UTC. 

Dencun had previously successfully deployed on the Holesky testnet in February.

Dencun upgrade is live

The upgrade introduces “blobs,” with the EIP-4844 set to see a significant decrease in transaction fees for Layer 2 protocols.

Ethereum and several L2 tokens surged earlier in the week as the Dencun upgrade approached. While prices have slightly retreated in the last 24 hours, the community is super bullish on what this hard fork means for the broader Ethereum ecosystem.

The last time the community vibe has been this positive was during the previous two major upgrades – the Shanghai upgrade in April 2023 and the Merge in September 2022.

Implementation of the Shanghai upgrade on the mainnet enabled ETH holders to unstake their tokens for the first time since deposits opened ahead of the Merge. Dencun’s rollout brings data blobs to the mainnet, with proto-danksharding set to enhance data availability and help cut transaction fees for L2s.

Users across Base, Arbitrum One, Optimism, zkSync and Starknet among other L2 platforms will benefit from this reduction. The Arbitrum team posted on X:

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ETH touches $4K for the first time since 2021: which ERC-20 meme coin will top 2024?

Ethereum ($ETH) has just smashed through a major resistance level, skyrocketing to $4,000 for the first time since late 2021. This bullish surge arrives amid a broader market surge, with Bitcoin hitting all-time highs and the entire crypto space witnessing significant expansion.

Amidst the long list of contenders, which memecoin stands out as a potential top player in 2024? Many analysts have their eyes firmly fixed on Galaxy Fox, with some predicting it could prove to be the best upcoming ICO project right now. With a fusion of memecoin charisma and a feature-packed play-to-earn (P2E) ecosystem, Galaxy Fox could be primed for an astronomical rise.

Ethereum’s stellar rise: a perfect storm of factors

Several key factors are contributing to $ETH’s impressive climb. Speculation surrounding a potential spot Ether ETF approval in the US is a major driver. These exchange-traded funds enable traditional investors to easily gain exposure to cryptocurrencies without the complexities of directly owning them. The recent approval of spot Bitcoin ETFs has fueled investor appetite for similar vehicles in the Ethereum space, and a green light from regulators could trigger a significant influx of new capital.

Beyond the ETF hype, Ethereum’s upcoming Dencun upgrade scheduled for March 13th is also adding tailwinds. This technical upgrade aims to improve scalability and reduce transaction fees on the Ethereum network, particularly for layer-2 solutions built on top of it. Lower fees are a game-changer for user adoption, making decentralized applications (dApps) and DeFi protocols more accessible.

While the future remains uncertain, the current market sentiment surrounding $ETH is undeniably bullish. Technical indicators suggest there’s room for further growth in the short term as highlighted in our Ethereum price prediction, and a successful Dencun upgrade could further bolster investor confidence.

However, the crypto market is notoriously volatile, and unforeseen events or regulatory changes can trigger corrections.

The rise of the ERC-20 memecoins: will one take the crown in 2024?

In the crowded field of ERC-20 memecoins, Galaxy Fox is emerging as a serious contender for the best upcoming ICO. This project goes beyond the typical meme coin formula, offering a compelling blend of features that cater to both casual meme enthusiasts and hardcore gamers.

Here’s why some analysts are predicting Galaxy Fox has the potential to be the biggest memecoin winner of 2024:

  • Galaxy Fox isn’t just about funny dog pictures and viral tweets. They’ve integrated a captivating web3 endless runner game where players can hone their skills and earn real rewards in the form of $GFOX tokens. This P2E model not only fuels the meme coin hype but also generates a valued user experience that keeps players engaged. 
  • Galaxy Fox has NFTs. They’re launching a collection of 3,000 unique NFTs, each with special in-game abilities. Imagine dominating the competition with the coolest NFT assets that boost your character’s attributes. These digital collectibles will be available for purchase on the Galaxy Fox marketplace, fostering a thriving trading environment within the ecosystem. 
  • This crypto understands the power of a good meme and it also recognizes the importance of long-term utility. This hybrid approach positions them to capitalize on both the meme coin craze and the burgeoning P2E gaming space. 
  • The Galaxy Fox presale is currently in Stage 9, with tokens available at a highly attractive price of $0.002376. With over $4.3 million already raised and a passionate community growing by the day, things are heating up fast. The next stage is just around the corner, with a slight price increase to $0.00264.

Final thoughts

If you’re intrigued by the potential of the best upcoming ICO, Galaxy Fox, and the exciting world of memecoins with real-world utility, head over to their website to learn more about their project and the P2E game.

For updates about $GFOX join the Community.

 

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Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

  • Bitcoin (BTC) eyes $80K amid institutional FOMO & strong hodling.
  • Ethereum (ETH) bullish, targets $4,868 ATH with robust technicals.
  • AltSignals (ASI) set a new ATH at of $0.006026.

In the fast-paced world of cryptocurrency trading, accurate price predictions are highly sought after by investors looking to make informed decisions. Today, we delve into the latest price predictions for three prominent cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and AltSignals (ASI).

These predictions are based on a combination of market analysis, technical indicators, and industry trends.

Bitcoin price prediction: eyes on $80,000

Bitcoin, the pioneering cryptocurrency, is experiencing a surge in momentum, recently reaching a new peak of $72,800 on Binance.

Analysts speculate that the price could climb even higher, potentially touching the $80,000 psychological level.

The market is currently witnessing institutional FOMO (fear of missing out), as BTC holders show resilience, refraining from significant sell-offs.

Technical indicators, such as the Relative Strength Index (RSI), continue to show strength despite overbought conditions. This suggests that Bitcoin might extend its upward trajectory.

However, profit-taking could lead to a pullback, with key support levels identified at $69,000 and the supply zone between $62,278 and $65,618.

Ethereum price prediction: expected to reclaim its ATH

Ethereum, not to be outdone, is displaying robust performance, holding above $4,000. With an impressive 85% increase since the start of the year, ETH is poised to reclaim its all-time high of $4,868.

The Awesome Oscillator (AO) and RSI signal strong buyer presence and rising momentum, indicating the potential for a 20% climb.

In case of a pullback, Ethereum may find support around $3,602, providing an opportunity for traders.

AltSignals’ ASI token and ActualizeAI ecosystem

AltSignals is set to revolutionize the trading landscape with ActualizeAI, a groundbreaking upgrade incorporating artificial intelligence, machine learning, and natural language processing.

The AltSignals platform aims to leverage these technologies to provide a fully automated and 24/7 trading capability, improving accuracy and risk management while offering advanced sentiment analysis support.

The ASI token, integral to the AltSignals ecosystem, was recently been listed on Uniswap after a successful presale that raised 1.8 million. At press time, the ASI/USDT trading pair on Uniswap v3 was trading at $0.005964, 52.56% higher than its all-time low price of $0.003913 recorded on March 5, 2024.

Although, rising at a sluggish pace, the ASI token hit an all-time high of $0.006026 on March 11, 2024, and analysts expect it to ride the current bullish market sentiment and AI hype and possibly drop a zero by April.

Beyond trading on Uniswap, ASI holders currently have the opportunity to stake their tokens, earning rewards of up to 25% in the ongoing ASI staking program.

As a deflationary token, ASI comes with a countdown mechanism, providing access to evolving ActualizeAI trading products and contributing to increased token value.

ActualizeAI introduces an AI Members Club, rewarding participants with ASI tokens for contributions to product development, backtesting, feedback, and ideas. It emphasizes community governance, allowing token holders to influence the project’s direction.

What does the future hold for ASI holders?

Looking ahead, AltSignals has outlined a transparent roadmap, ensuring the community’s involvement and maximizing value for token holders. The roadmap spans quarters, with milestones such as token presale launch, AI model development, dashboard design, burn & staking mechanisms, and partnership acquisitions.

ActualizeAI’s roadmap includes the development of a real-time dashboard and notifications powered by a sentiment analysis engine. New AI product releases, a 2-Click onboarding design, and increased global marketing efforts are anticipated in the coming quarters.

AltSignals’ success is underscored by its head start as an established business in 2017. 

With a loyal community of 50,000 signal users, this predictive machine learning is poised to revolutionize trading indicators, providing a unified platform for both traditional and cryptocurrency markets.

As AltSignals continues to capture global investor interest, the integration of ActualizeAI promises to disrupt the trading industry, providing traders with cutting-edge tools and technologies for a seamless and empowered trading experience.

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Bitcoin (BTC) and Ethereum (ETH) lead the bull rally; Rebel Satoshi ($RBLZ) finally concludes presale event

  • Top experts expect Bitcoin’s (BTC) price to rise beyond $70,000 as halving approaches.
  • Ethereum (ETH) proposal causes optimism among investors, who expect a surge in the DeFi coin price to $5,000 by the end of March.
  • Rebel Satoshi ($RBLZ) presale has concluded.

Despite BTC and ETH’s continued rise to the top of the cryptocurrency market during this recent upswing, a new competitor has shown it can compete with the best DeFi tokens.

Among BTC, ETH, and $RBLZ, which cryptocurrency should you buy? Let’s gather the most recent information from analysts and experts.

BTC price forecast: can Bitcoin continue its upward trend?

To stop currency speculation and stabilize the country’s collapsing Naira, the Nigerian government has placed access restrictions on several cryptocurrency exchanges, including Binance, Coinbase, Kraken, FXTM, and OctaFX, according to a report published in the Financial Times on February 22.

Since this news was made public, the price of Bitcoin has increased by 22.45%, from $50,731.95 on February 23 to $62,121 on February 29. Experts in the cryptocurrency space who monitor BTC’s price have predicted that it will rise even higher. They predict that the upcoming Bitcoin halving will push it to $70,470 by March.

However, many Bitcoin analysts have expressed pessimism and forecast an imminent decline for the top crypto coin. Based on past Bitcoin price trends, they claim that the price of BTC could drop to $47,680 by mid-March. 

Will Ethereum’s latest proposal spur a surge for ETH?

On February 23, Mike Neuder of the Ethereum Foundation and Max Resnick, chief researcher at SMG, published the Concurrent Block Proposers in Ethereum thesis. The paper proposed the possibility of increasing the number of proposers in a single PoS Ethereum slot.

Following this announcement, the value of ETH has demonstrated the expected upward movement. On February 12, ETH was trading at $2,658.12; however, by February 28, it had clocked in at $3,244.42, indicating a rise of 22.06%. The increase in Ethereum ETF applications has market experts bullish about Ethereum. Consequently, they predict that ETH will hit $5,000 by the end of March.

On the other hand, because the MACD and the Awesome Oscillator are both in bearish territory, some analysts are bearish on Ethereum. As a result, they forecast that before the end of March, ETH will fall to $2,256.14. Despite this uncertain outlook, some analysts have advised investors to look into Rebel Satoshi due to its distinctive structure and lucrative presale.

Rebel Satoshi concludes presale ahead of $RBLZ’s DEX listing

Rebel Satoshi is currently positioned to be among the top meme coin projects of 2024 thanks to its creative features and strong presale performance. The project intends to use $RBLZ, its proprietary token, to usher in a new era of decentralization to accomplish this goal. A group of rebels dedicated to opposing centralized systems will define this new era.

Holders of the $RBLZ token can also anticipate exclusive privileges and the opportunity to participate in the Rebel Satoshi ecosystem. The Rebels community will construct the Rebel Satoshi ecosystem, which will include a play-to-earn (P2E) game, an NFT marketplace, the Rebel NFT Vault, and a staking program.

Right now, $RBLZ is concluding the fifth and final Recusants Round 5 of its presale, with a token price of $0.024. Before Rebel Satoshi’s official DEX launch, this price is anticipated to rise to $0.025; therefore, early $RBLZ investors may see a 150% return on their investment when the token launches. 

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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Focus shifts to altcoins amid Ethereum (ETH) surge: Stacks (STX) and InQubeta (QUBE) emerge as tokens to watch

Ethereum (ETH) has been making headlines for several reasons, from the experimental ERC-404 token standard to the anticipated Dencun network upgrade—the biggest since Shapella. In the crypto market, Ethereum, the leading altcoin, has been flying, recently hitting $3,400. With the alt season here, investors’ focus has now shifted to low and mid-cap coins, aiming to position themselves for massive gains.

On this list are Stacks (STX) and InQubeta (QUBE), two top altcoins that are buzzing with potential, with some analysts predicting that they could be some of the best cryptos to buy now.

InQubeta (QUBE): an emerging altcoin to watch

InQubeta (QUBE) emerged as a subject of much interest following its surge past $10.5 million in presale—an incredible feat. This remarkable milestone sets it apart from most of the new ICOs. That isn’t all; the massive presale participation highlights investor confidence in its potential, suggesting an explosive debut.

The growing interest in this emerging crypto can be attributed to its innovative blend of AI and crypto—two of the world’s most transformative technologies. As a fundamentally strong altcoin, it aims to reshape the burgeoning AI market by building the first crypto-based crowdfunding platform for AI startups and democratizing access to the market. 

Its custom-built NFT marketplace will make a huge difference in the AI landscape. Here, tech startups can raise capital by minting investment opportunities as equity-based NFTs and offering them to investors. On the other hand, investors can own stakes in trailblazing AI businesses, irrespective of their income.

In the eighth stage of the ICO, a token is competitively priced at $0.0245. Some analysts’ confidence in its potential is through the roof, with several tipping it for a 4,500% upswing after its launch, which if it comes to fruition would likely make it the best new crypto to invest in.

Ethereum (ETH): remarkable market surge

Ethereum (ETH) is the second-largest crypto by market cap and the leading altcoin. It touched $3,400 earlier this week, putting it within striking distance of its $4,800 all-time high (ATH). Its upswing can be attributed to several factors, from the imminent approval of the spot ETH ETF to the anticipated Dencun upgrade.

The SEC is expected to either approve or reject VanEck’s Ethereum ETF application in May, which will show the agency’s stance towards the investment product. Additionally, the Ethereum Foundation recently announced March 13 as the launch date of the eagerly awaited Dencun upgrade—the biggest since Shapella.

Soaring on the back of these developments, Ethereum has been charting a bullish course. According to analysts, it will likely rally past $4,000 before May, positioning it as one of the best cryptos to invest in.

Stacks (STX): an altcoin to watch for significant gains

Despite the buzz around GoDaddy’s integration with ENS for domain name linking and Wormhole’s snapshot of an upcoming airdrop, Stacks (STX) has managed to maintain market hype. It continues to make headlines following its explosive growth as it goes on an upward charge.

After hitting $3, it has been gathering steam, aiming to flip its $3.2 ATH, which is close. Afterwards, it will go on price discovery, making it a good crypto to buy. If you seek significant gains — especially considering 2024 is a potential bull market—Stacks is a compelling investment and one of the best altcoins.

To avoid missing out on this bullish wave or FOMOing (fear of missing out), we suggest adding Stacks to your portfolio now.

Conclusion

The significant uptick in Ethereum’s price has improved investor confidence, with Stacks and InQubeta enjoying growing attention. As a top ICO and an AI altcoin, QUBE is poised to skyrocket after its launch—a wave you can ride by participating in the presale by visiting the InQubeta Presale. You can also access updates concerning the project by joining the InQubeta Communities.

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