0x0.ai Price0x0

Cetus transferred 20,000 ETH to a new address According to AI Auntie's monitoring, update: Cetus hackers transferred 20,000 ETH to the new address 0x025...cAF16, worth 53 million US dollars. As of now, hackers have bought a total of 23,244 ETH, worth 61.6 million US dollars.

New Section in Our Pectra Upgrade Dashboard: EIP-7251: Validators' Maximum Effective Balance What is EIP-7251? EIP-7251 raises the maximum effective balance for validators from 32 ETH to 2,048 ETH, allowing consolidation of multiple validators into one. Its goal is to enhance network efficiency, reduce the number of validators, and increase staking rewards by enabling reward compounding, potentially lowering operational complexity and network load. What does that mean for validators? 1. Validator Consolidation: Large Validators can now submit a consolidation request on the execution layer to combine up to 64 validators into a single validator, reducing operational overhead. So far, there are 5,000 consolidation requests. However, due to the consolidation churn limit, only 240 validators have a maximum effective balance greater than 32 ETH. Eight of them have reached the maximum effective balance of 2,048 ETH. 2. Reward Compounding: To enable reward compounding, validators must update their withdrawal credentials to 0x02 to opt in. The majority of validators still use 0x01 withdrawal credentials; only 725 validators have upgraded to 0x02.

My top 3 coins for this run are #0x0, $PAAL and $GPU Let me share what I see on the charts of those 3 gems

#0x0 needs to flip the 0.11 resistance in order to confirm an uptrend. The trendline has been broken, which is a good indicator for strength. After that, I'm looking at 0.15 and 0.19.

Ethereum, the second-largest cryptocurrency by market capitalization, has seen significant trading activity over the past 24 hours. Here's a detailed overview of Ethereum's trading volume and related market dynamics: ### Ethereum Trading Volume in the Past 24 Hours 1. **Price and Market Position**: - Ethereum's price has been relatively steady, consolidating between the mid-$2,400s and the early $2,500s. As of the latest data, Ethereum is trading at approximately $2,536.90, marking a slight increase of 0.33% . - Ethereum's market dominance has topped 9%, while Bitcoin's market share has narrowed to 62% . 2. **Trading Volume and Market Activity**: - The global cryptocurrency market has experienced significant liquidations, with over $333 million liquidated in the last 24 hours. Bullish leveraged bets accounted for $216 million of this total . - Ethereum's trading volume is a crucial indicator of its market activity and liquidity. High trading volumes often indicate high liquidity, which can lead to tighter spreads and less slippage in trades. 3. **Market Sentiment and External Factors**: - The market sentiment remains "Greedy" according to the Crypto Fear and Greed Index, implying a potential surge in buying pressure . - External factors, such as the announcement of a trade deal between the U.S. and China, have also influenced market dynamics. Positive news can lead to increased trading activity and higher trading volumes . 4. **Technological Developments and Upgrades**: - Ethereum's latest network upgrade, Pectra, introduced powerful new features aimed at improving scalability and smart account functionality. However, it also opened a dangerous new attack vector that could allow hackers to drain funds from user wallets using only an offchain signature . - The Ethereum Improvement Proposal (EIP-7702), a core component of the Pectra upgrade, introduces the SetCode transaction (type 0x04), which enables users to delegate control of their wallet to another contract simply by signing a message . 5. **Historical Context and Price Drivers**: - Ethereum's price history shows significant volatility and growth since its launch. Key events, such as technological upgrades, market sentiment, and external news, have driven price movements . - Demand for Ethereum is driven by bullish market sentiment on cryptocurrencies in general and its potential for mainstream adoption in the financial services space . ### Conclusion Ethereum's trading volume in the past 24 hours reflects its active market and the influence of various factors, including market sentiment, technological developments, and external news. As Ethereum continues to evolve and upgrade its network, its trading volume and market dynamics are likely to remain significant indicators of its market health and potential for future growth.$ETH