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Today marks eight years since the Ethereum Foundation first announced the rollout of its network. The crypto community has come together to celebrate the 8th birthday of the Ethereum network, marking eight years since when the Ethereum Foundation first sent the network live. On July 30, 2015, former Ethereum Foundation CCO Stephan Tual penned a blog post, officially announcing that the network had been rolled out. "The vision of a censorship-proof ‘world computer’ that anyone can program, paying exclusively for what they use and nothing more, is now a reality," he wrote.  Screenshot of blog post from Stephan Tual. Source: Ethereum Foundation Eight years later, Ethereum and its native currency Ether (ETH) has grown to become the second largest crypto asset in existence, boasting a market capitalization of $225 billion and more than 1,900 monthly active developers. 8 years of growth Community members marked the occasion by sharing fond memories and looking back at its prices,...

Ethereum developers and clients shared the news on Twitter announcing the Shapella network is live and finalized on the Sepolia testnet. The next upgrade will be on the Goerli testnet and then on the mainnet, finalizing the Shanghai upgrade. advertisement Ethereum Shanghai upgrade anticipated in March will fully transition Ethereum to proof-of-stake (PoS) and enables the withdrawals of Ethereum staked on the Beacon Chain. The Sepolia is the second of the three testnets planned to trigger the Shanghai upgrade. The first Zhejiang testnet upgrade was successfully completed on February 7. The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad Ethereum developers Tim Beiko and Parithosh took to Twitter to share the successful Sepolia Shapella upgrade. Trending Stories...

ETH price is in danger of losing another 20% versus Bitcoin by March, based on a mix of technical and fundamental indicators. Ethereum's native token, Ether (ETH), has printed a death cross technical pattern versus Bitcoin (BTC) for the first time since May 2022, suggesting more pain ahead for ETH/BTC in the coming weeks. Previous ETH price death cross preceded 27.5% drop A death cross appears when an asset's short-term 50-period moving average moves below its long-term 200-period moving average. Such a chart pattern was seen in December 2007, foahead of the global economic crisis. Similarly, the ETH/BTC's previous death cross in May 2022 preceded an approximately 27.5% price correction, dropping in parts as investors reduced exposure to altcoins and sought safety in Bitcoin amid the Terra collapse.  ETH/BTC daily price chart. Source: TradingView The latest ETH/BTC death cross could lead to a similar short-term selloff, primarily due to the U.S. Securities and Exchan...

Digital Currency Group’s ongoing financial distress isn’t likely to cause much further strain on crypto prices, said Novogratz. Galaxy Digital Holdings CEO Mike Novogratz hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis saying while it’s “not good news,” it won’ t “ include a lot of selling .” In a Jan. 10 interview on CNBC’s Squawk Box Novogratz said he expects the current debacle facing DCG and its related companies to “play out” over the next quarter. "The outlook for #crypto is not horrible but it's not great. We've got regulatory headwinds we didn't have before. People are going to cut costs and survive this transition period," says @novogratz. "Crypto is not going away. It's a pretty clean market right now." pic.twitter.com/k57ITlRFOV — Squawk Box (@SquawkCNBC) January 10, 2023 “There are still some overhangs — DCG and Genesis and Gemini — that will play out in the next quarter. That’s not going to be g...