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Join Our Telegram channel to stay up to date on breaking news coverage From the LUNA crash to the shift to Proof-of-stake to the event FTX debacle, the ETH price was put through the gauntlet in 2022. However, developments of ETH-based projects are still in full swing, and the crown still remains bullish about the world’s leading altcoin. So what ETH price prediction can we make for the next year? What Makes Ethereum Special? Ethereum is a Proof-of-Stake blockchain network that was one of the first to bring this consensus mechanism to the mainstream. The network can be used for peer-to-peer transactions, similar to Bitcoin, but with greater efficiency.   Ethereum’s blockchain also enables the creation of decentralized applications or dApps. In addition, it introduced a new method of automation through the use of smart contracts, which allow for tasks to be completed automatically based on predetermined parameters without requiring manual input from a person. Th...

  Solana's price has been experiencing a drop in value due to concerns that Sam Bankman-Fried and venture capital firms may sell their tokens. This has caused SOL's price to fall below $10 for the first time in over a year and a half. However, the price may be seeing a recovery due to positive comments from Ethereum co-founder Vitalik Buterin, who praised the Solana network for its development progress and thriving ecosystem. SOL must reclaim support above $10 to validate a possible V-Shaped recovery to $14.53. The Solana Chain Has a Bright Future – Vitalik Buterin Ethereum co-founder Vitalik Buterin recently tweeted about the current state of the Solana blockchain ecosystem. According to Buterin, he has been informed that there is a strong and dedicated developer community within Solana. However, he also mentioned that the fate of this community may be uncertain due to the recent exit of "opportunistic money" seekers. Despite this, Buterin stated ...

The denial was made after critics said the team was going to “kill scrypt miners.” The developers of Dogecoin (DOGE) have denied rumors that the network is immediately switching to proof-of-stake (PoS), saying that they are merely planning to release a proposal on the topic. The repudiation came on Dec. 29, from the Twitter account of Michi Lumin, Principal Engineer for the Dogecoin Foundation. More info for ya. Influencers, even if they have millions of views and followers, even if they speak with authority, do not actually have the inside scoop on what's going on with #dogecoin. Just because one says a validation method is changing, doesn't mean it is. — Michi Lumin (@michilumin) December 29, 2022 Lumin stated that the Dogecoin Foundation does not have the power to upgrade the network without the consent of validators, explaining: “It is not possible for, nor is it planned for, an individual, organization, or body to "move" or ‘shift’ or ‘change’ #dogecoin to Po...

Prominent crypto lending firm Celsius was one of the first platforms to file for bankruptcy in 2022. The case has taken many turns with government agencies intervening. Parallelly, customer woes continue to prolong. In a recent development, it was revealed that Celsius is preparing to file a motion that will extend the deadline for users to submit their claims. Its official tweet regarding the same noted that they were seeking to push the bar date from January 3, 2023, until early February. Celsius is preparing to file a motion later this week requesting an extension of the bar date, which is the deadline to file a claim , from January 3, 2023, until early February. — Celsius (@CelsiusNetwork) December 29, 2022 Also Read: FTX Investors Realize $9B In Losses: 3AC, Celsius’ Numbers Much Higher Celsius said that its goal is to provide account holders with additional time to file any proof of claim . Furthermore, it revealed, “ This motion i...

The Russia-Ukraine conflict has had repercussions globally. Financial markets and the energy sector have both taken a beating. In a recent turn of events, Volodymyr Zelenskyy, the president of Ukraine, and Larry Fink, the CEO of BlackRock, are planning to coordinate investments in reconstructing Ukraine. The country is facing severe bombardment from Russian forces, causing massive property defacement. According to the Ukrainian President’s website reading, “ Both parties agreed to focus in the near term on coordinating the efforts of all potential investors and participants in the reconstruction of our country, channelling investment into the most relevant and impactful sectors of the Ukrainian economy.” Last week, Zelenskyy traveled to Washington, D.C., to meet with American President Joe Biden and give a speech to Congress. How is BlackRock assisting Ukraine? Zelenskyy and Fink held a video conference, during which the deal mentioned above was a...