Ethereum surpasses US$4,000 ahead of Dencun upgrade
The Dencun upgrade for Ethereum is expected to dramatically reduce gas fees for layer-2 networks and enhance scalability.
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The Dencun upgrade for Ethereum is expected to dramatically reduce gas fees for layer-2 networks and enhance scalability.
Arbitrum (ARB), Optimism (OP), Lido DAO (LDO) and Metis (METIS) could record some volatility this week as part of the Ethereum (ETH) beta plays.
Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise. Bitcoin's rise has been well-documented, but Ether's has been even more impressive, surging almost 72 percent year to date in comparison to bitcoin's 61 percent rise.
Bitcoin’s (BTC) price rally to its 2024 peak of $64,000 has resulted in a spike in funding rates, pushing them to hit a 27-month high.
Ethereum (ETH) has seen its price rise by 11% in the past week, driven primarily by buying pressure in the United States, according to data from CryptoQuant.