Apecoin Community Votes on Keeping APE Token in the Ethereum Ecosystem

The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal's voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project's native token APE has lost 57% against the U.S. dollar in the.

Timeline of Apecoin-ape, Ethereum

Ethereum core developer Tim Beiko, on 30 May, confirmed the much-anticipated Ropsten testnet trial of the Merge ‘around June 8 or so.' Thereby, aiding the largest altcoin shifting from proof-of-work to proof-of-stake consensus.

Ethereum price analysis is bullish today as we have seen consolidation and another brief spike lower over the last 24 hours. Since ETH/USD has rejected further downside again, we expect another rally to soon begin.

Ethereum prices are said to be pretty consistent and steady amid the negative market conditions. Apart from the external factors that drag the market to its knees, everyday trade impacts the ETH price with less intensity. However, after constant rejections at $2000 earlier and $1800 now, weather the second-largest asset slowly squeezing the resistance levels? …

Buterin praised the governance model, saying that it would lead to long-term success through the representation of non token holders' interests. Optimism airdropped the OP governance token earlier in the week.

The ApeCoin (APE) Community believes APE needs to be on the Ethereum blockchain for the time being. The proposal AIP-41 has received 99% votes in favor to keep ApeCoin (APE) within the Ethereum ecosystem and avoid migrating to any L1 chain or sidechain.

A new survey conducted by digital asset investing firm CoinShares is revealing three crypto assets attracting investment fund manager capital away from Ethereum (ETH). In the latest CoinShares' May 2022 survey, the digital asset investment firm says XRP, Cardano (ADA) and the native token of Polkadot (DOT) are all attracting more investor dollars as allocations to The post XRP and Two Blue Chip Altcoins Are Grabbing Investor Dollars Away From Ethereum (ETH), According to CoinShares appeared first on The Daily Hodl.

The amount of Ethereum staked on the Beacon Chain has reached its highest-ever levels, but some observers are growing concerned over a large sell-off after the Merge. The post Ethereum Staking Increases but Will ETH Flood Markets After the Merge?

Ethereum has experienced a 10% correction in the last two days, but the bulls failed to sustain the price above $2K. The US stock market ended the previous two days with red candles.

Last week on Benzinga's “Moon or Bust” crypto livestream, co-hosts Ryan McNamara and Logan Ross interviewed Akos Balogh and Chanteva Schoch, serial entrepreneurs and co-founders of Colle Marketplace –– a Web3 start up for luxury collectors.  Colle announced plans to accrue $15 million in digital inventory for its luxury marketplace exclusively with Benzinga.

Massive ETH holdings have been moved into exchanges as the shakedown continues for the Ethereum community. ETH holdings worth around $2.1 billion were transferred to exchanges over the past week with investors under increasing pressure.