Category: Ethereum Upgrade

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‘Dencun’ Upgrade Officially Deployed On Ethereum Mainnet, ETH Price Holds Steady Below $4,000

March 14, 2024

Ethereum (ETH) has completed a major software upgrade, Dencun, that promises to make utilizing the network ecosystem more cost-effective. This update specifically targets Layer 2 (L2) networks, such as Arbitrum (ARB), Polygon (MATIC), and Coinbase’s Base, which are interconnected with Ethereum.  With Dencun, transaction costs on these networks have significantly decreased, with fees dropping from…
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5 Things To Expect From Ethereum’s Upcoming Dencun Upgrade

March 1, 2024

Ethereum’s much-anticipated Dencun upgrade is scheduled for a mainnet launch on March 13, following successful testnet launches in February. This upgrade marks a significant milestone in Ethereum’s evolution, and is expected to have a considerable impact on the wider market. The Dencun hard fork will involve implementing several Ethereum Improvement Proposals (EIPs). Of these, EIP-4844,…
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JPMorgan Says Bitcoin Halving and Ethereum Upgrade ‘Are Largely Priced In’

February 27, 2024

JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices Global investment bank JPMorgan Chase has provided its insights into three…
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Ethereum’s Upcoming Upgrade ‘Cancun-Deneb’ Set to Begin Testing on January 17

December 22, 2023

Source: AdobeStock / Sergey Nivens Ethereum’s upcoming upgrade, “Cancun-Deneb” (also known as “Dencun”), is set to begin testing on January 17, as per an official note published on the Ethereum Github repository. According to the latest Ethereum All Core Developers Consensus Call report, Ethereum developers have confirmed their progress towards launching a Goerli shadow fork…
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Optimism (OP) Continues Market Recovery As Network Whales Triple Holdings

August 22, 2023

Ethereum layer 2 network Optimism (OP) has maintained its market recovery in the last few days, recording a 5.57% gain over the last 24 hours, based on data from CoinMarketCap. Since hitting the $1.31 price mark, Optimism has embarked on an upward curve, looking set to return to the high price levels seen at the…
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Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says

August 18, 2022

JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield, Worthington explained that The Merge could boost Coinbase’s annual income by $80 to $100 million from staking services.…
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OpenEthereum support ends with the Merge fast approaching

May 25, 2022

“The usefulness has run its course,” the OpenEthereum team wrote regarding its popular software, “we look forward to the next phase of clean, green and massively scalable blockchain infrastructure.” One of the most popular Ethereum clients, OpenEthereum, has ended support for its software in preparation for the upcoming Ethereum Merge. OpenEthereum creates “clients” or software…
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Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000

March 14, 2022

Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum Price The CEO of crypto trading platform Abra, Bill Barhydt, shared his thoughts on why he is more bullish about Ethereum than…
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