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Base's Rise: Coinbase's L2 Network Overtakes Arbitrum as Ethereum Ecosystem Leader
Base's Rise: Coinbase's L2 Network Overtakes Arbitrum as Ethereum Ecosystem LeaderBase, the Ethereum Layer-2 scaling solution launched by cryptocurrency exchange Coinbase, has exhibited remarkable growth in the past two months, positioning itself as a frontrunner in the race for dominance within the Ethereum ecosystem. Data from IntoTheBlock reveals that Base's transaction volume has surged significantly over the past two months, capturing 40% to 60% of all transactions, surpassing Optimism and Arbitrum
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Bitcoin futures gained nearly 6% in the week, Ethereum futures also rose
Bitcoin futures gained nearly 6% in the week, Ethereum futures also roseOn Friday (October 11), at the closing bell in New York, the CME Bitcoin futures contract BTC settled at $63,280.00, up 5
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Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to Watch
Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to WatchBitcoin touched the downtrend line yesterday with increased supply, indicating a risk of pulling back to the bottom support of the consolidation zone. Bitcoin tested the bottom of the range last night as expected and bounced back, pulling back nearly 2%
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Bitcoin and Ethereum Futures Prices Fall in Late New York Trading on Thursday
Bitcoin and Ethereum Futures Prices Fall in Late New York Trading on ThursdayBitcoin futures (BTC) on CME closed at $59,805.00 on Thursday, down 2
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Bitcoin Pullback Nears $60,000, Ethereum Retests Uptrend Line; Proceed With Caution
Bitcoin Pullback Nears $60,000, Ethereum Retests Uptrend Line; Proceed With CautionBitcoin pulled back to near $60,000 overnight, a drop of roughly 3%, which while expected, broke through the key support level of $61,000, raising market concerns. The volume on the breakout of $61,000 was significant, indicating a potential stronger pullback than anticipated
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Bitcoin vs Ethereum: The Difference Between a Digital Currency and a Smart Contract Platform
Bitcoin vs Ethereum: The Difference Between a Digital Currency and a Smart Contract PlatformBitcoin and Ethereum are two of the most prominent cryptocurrencies in the blockchain technology space. Although they are both classified as cryptocurrencies, their design goals and application scenarios differ significantly
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Bitcoin and Ethereum futures prices fell, CME closed lower
Bitcoin and Ethereum futures prices fell, CME closed lowerAt the end of trading in New York on Wednesday (October 9th), the CME Bitcoin futures BTC main contract closed at $60,575.00, down 2
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Exploring the Rise of BTC-LST: Decoding the Bitcoin Liquidity Restaking Landscape in Ethereum DeFi
Exploring the Rise of BTC-LST: Decoding the Bitcoin Liquidity Restaking Landscape in Ethereum DeFiWith the advent of Babylon, Bitcoin (BTC) has gained an additional revenue stream, offering a time-stamping security service. This restaking service not only protects protocols built on top of Babylon by increasing attack costs, but also enables BTC staking through a time-lock mechanism
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Bitcoin Futures Plunge Over 1% on Tuesday, Ethereum Futures Tick Up
Bitcoin Futures Plunge Over 1% on Tuesday, Ethereum Futures Tick UpAt the end of trading in New York on Tuesday, the CME Bitcoin Futures BTC main contract closed at $62,575.00, down 1
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Whale Continues To Dump ETH Amidst Gloomy Market Sentiment, Can Ethereum Rise Against the Tide?
Whale Continues To Dump ETH Amidst Gloomy Market Sentiment, Can Ethereum Rise Against the Tide?According to recent monitoring by on-chain data analyst, Yu Jin, a whale holding 150,000 ETH has once again transferred 5,000 ETH (approximately $12.22 million) to the Kraken exchange
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Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network Development
Ethereum Throughput Enhancement Proposal: Reducing Slot Time to 8 Seconds to Accelerate Network DevelopmentA new Ethereum Improvement Proposal (EIP-7781) aims to boost network throughput by 50%, making it more competitive with speed-focused blockchains like Solana. Proposed by Ben Adams, co-founder of IllyriadGames, the EIP has gained support from key stakeholders like Ethereum co-founder Vitalik Buterin
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Ethereum, Solana, and Dogecoin: Market Outlook and Key Resistance Levels
Ethereum, Solana, and Dogecoin: Market Outlook and Key Resistance LevelsAlthough the current market may not be as favorable as some traders would like, Ethereum is showing some strength as it approaches the $2,500 mark. However, despite the recent price gains, the lack of significant trading volume raises doubts about whether Ethereum has enough momentum to sustain this trend