SHIB, BONE Prices Rally: Factors Fueling Memecoin Market Recovery Revealed 
Samsung Implements Emergency 6-Day Work Week to Combat Slowing Growth 
JPMorgan to Leverage AI Across Banking Operations, Jamie Dimon Confirms 
Pepe Coin Climbs 6%: Market Braces for Potential Profit-Booking Selloff 
Samsung Touts AI as Game-Changer in Outpacing Apple with Innovative Home Appliances 
Shiba Inu Faces Downtrend, XRP Undervalued, Ethereum Eyes Market Comeback 
Bitcoin Holders Transfer $1.7 Billion to Accumulation Wallets Amid Price Drop 
Senators Push for Stablecoin Regulation to Protect US Dollar Dominance 
Shiba Inu Team Member Sounds Alarm, Calls for Immediate Action Against Scams 
Huawei Unveils Pura 70 Series to Rival Apple's Dominance in China's Smartphone Arena 
Bitwise: Market Underestimates Long-Term Impact of Upcoming Bitcoin Halving 
Canada Set to Enforce OECD Crypto Tax Standards by 2026 
OpenAI CEO Sam Altman's Worldcoin Unveils Human-Centric Blockchain, World Chain 
Meta AI to Supercharge WhatsApp, Facebook, Instagram via Powerful Integration 
Shibarium Soars 160% as Key Metric Rebounds, Signaling Recovery 
Tesla Cybertruck Gets Major Upgrades in Exciting Spring Update 
Bitcoin has seen an upward swing in value in the past few weeks. As such, other cryptocurrencies have also experienced a similar trend, including Ethereum (ETH).
As of this writing, Ethereum is trading at $244 and is down at 5.12 percent in a 24-hour period. This isn’t surprising given that Bitcoin is also seeing a gradual descent and is down by 4.19 percent in the same time span, according to data shown by CoinMarketCap.
If Ethereum wishes to break through the $300 levels, its success largely depends on how Bitcoin will perform. If the leading cryptocurrency manages to break through the $8,000 resistance levels, then there’s a high chance it can pull other altcoins with it.
Ethereum has been oscillating between lows of $155 and highs of $275 over the past month. But this could change if the predictions of analysts hold true. The positive outlook stems from Ethereum forming the golden cross pattern, a sign that usually heralds an increase in value, NEWS BTC reported.
Meanwhile, the Ethereum Foundation has announced it’s going to be investing $30 million in the Ethereum market, $19 million of which will be funneled through the development of Ethereum 2.0. This will highly focus on the approach of transitioning from research to engineering initiatives, with one of the endeavors geared toward pulling talented individuals from the academic ecosystem, Crypto Briefing reported.
$3 million will be allocated to foster onboarding, education, and developer relations, specifically in the regions of Asia since there’s huge growth potential in this territory. The remaining $8 million will solidify Ethereum’s position as the world’s biggest contract platform. All these endeavors will slowly roll out in the next 12 months as experts continue to analyze the behavior of the cryptocurrency market. With competition coming from the likes of TRON and EOS, it isn’t surprising that the Ethereum Foundation is making all these efforts to remain ahead of the pack.
