#Ethereum's price surge surpasses #Bitcoin, with expectations of reaching $3,000 and possibly $5,000 post-#Dencun upgrade.

Dencun upgrade aims to reduce transaction fees, enhancing Ethereum's appeal to developers; potential 'sell the news' event expected.
https://coinpedia.org/news/ethereum-price-poised-for-50-rally-with-major-update-on-march-13th/

🔵Top #CryptoNews of This Week #Cryptocurrency


1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.

2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.

3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.

4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.

5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.

6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.

7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.

8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.

9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.

🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.

Top #CryptoNews In Last 12 Hours

1️⃣#Fed's Christopher Waller says #cryptocurrencies are growing quickly and might challenge dollar dominance, but it's unlikely due to the popularity of U.S. dollar #stablecoins.

2️⃣Joe Burnett, a manager at a #Bitcoin financial company, suggests #Binance MicroStrategy should join S&P 500, needing $3.7B more market cap; could boost Bitcoin exposure in portfolios.

3️⃣Galaxy Digital's research indicates #Bitcoinhalving in April could cause 20% #mining power shutdown due to the reduced block rewards, impacting profits.

4️⃣#Uniswap Foundation plans to launch Uniswap v4 in Q3 2024 after #Ethereum's #Dencun upgrade in March 2024.

5️⃣Mad Lads' Backpack Exchange hit $300M trading in 24 hours, propelled by exchange popularity and #Solana #blockchain potential.

6️⃣#VeChain's price surged 35% in 24 hours,leading among top #cryptocurrencies, Positive sentiment, AA implementation, MWC 2024 event fuel momentum. Analysts predict further growth.

#Ethereum's price surge nears $3000, driven by whale activities, #ETF speculations, and the #Dencun upgrade anticipation. #CryptoNews

Institutional interest grows as Ethereum outperforms #Bitcoin, with analysts foreseeing a 50% chance of an ETF approval.
https://coinpedia.org/news/ethereum-eth-price-all-set-to-hit-3-5k-this-week-heres-why/

#Dencun upgrade for #Ethereum aims to reduce transaction costs, enhance scalability, and improve performance. #crypto

Community excitement and developer involvement highlight anticipation for Dencun's potential to revolutionize Ethereum.
https://coinpedia.org/news/ethereum-dencun-upgrade-begins-will-eth-price-hit-ath-this-week/

#Ethereum's #Dencun upgrade activates today, marking significant changes, including reduced transaction fees on Layer Twos.

Ethereum's network growth continues, with over $57 billion in TVL, driving Ether's price to $4,047. #crypto
https://coinpedia.org/news/ethereum-price-aims-for-ath-in-march-amid-the-dencun-upgrade/

#Dencun Upgrade reduces #Ethereum fees, increasing inflation, with $ETH supply surging by 400,000 tokens.

Analysts anticipate #Ethereumprice drop to $2,500 due to slower ETH burning and #Cryptomarket sentiment.
https://coinpedia.org/news/cryptoquant-report-dencun-upgrade-shatters-ethereums-ultra-sound-money-status/

#Ethereum's #Dencun hard fork aimed to reduce transaction fees and increase scalability but faced rejection.

Despite reduced fees and increased scalability, Ethereum's price faced a steep bearish trend post-upgrade. #crypto
https://coinpedia.org/price-analysis/why-the-ethereum-eth-price-has-been-plunging-after-the-dencun-upgrade-has-the-token-become-inflationary/