Global #Ethereum

Ethereum (ETH) has witnessed a significant surge in active addresses, outpacing other leading blockchains like Solana and Binance Coin.

Magic Eden, a prominent non-fungible token (NFT) marketplace, has further expanded its reach by adding support for the BeraChain and ApeChain blockchains.

The cryptocurrency market is experiencing a surge today, with a collective market capitalization increase of 1.31%, reaching a total of $2.33 trillion.

The year 2024 will undoubtedly be remembered as a pivotal moment in the history of cryptocurrencies. The approval of Bitcoin and Ethereum spot ETFs, a long-awaited development, marked a significant step towards mainstream adoption.

Kraken, a leading cryptocurrency exchange, has officially launched its wrapped Bitcoin token, known as kBTC. This new token, which is available on both the Ethereum and Optimism networks, is designed to be backed 1:1 by Bitcoin, significantly expanding Bitcoin’s utility within decentralized finance (DeFi) ecosystems.

Justin Bennett, a renowned cryptocurrency analyst, has recently raised concerns about Ethereum's potential price decline. According to his analysis, Ethereum may be forming a diamond reversal pattern, a technical chart pattern that often signals a reversal in trend.