The second-largest crypto has been on a downward trend in January. However, the weekend brought a different case. ETH opened the market on Friday at 2681.06 and closed at 2983.59. On Monday, Ethereum was looking at closing at 3142.47. Looking at the charts on trading view, here is the likelihood […]
Tag: Ethereum
Dogs of Elon Are Giving Away a Tesla Model 3 or $50,000 in Ethereum
Last week, Dogs of Elon announced a Tesla Model 3 or $50,000 in Ethereum giveaway as a token of appreciation to their community. To be eligible to win, participants are required to own at least 500 DOE (~$65) or 1 NFT. The giveaway is scheduled to be announced on December […]
Ethereum Price Reaches New ATH at $4,638
Earlier today, Ethereum registered a new all time high of $4,638. It’s no surprise Ethereum is experiencing such price increases, as most of the hype currently revolves around NFTs and meme coins – most of which utilize the Ethereum blockchain. With the recent price surge, Ethereum’s market cap surpassed $500 […]
How to Create a Wallet for Ethereum Classic
In this article, we have listed all Ethereum Classic wallets so that you can choose the best one for you. The list contains official wallet, online web wallets, desktop and hardware (cold) wallets for ETC. The official client of the Ethereum Classic Core-Geth is a new version of the official […]
Bitcoin / Ethereum Analysis – Trading Data Reveals Stable to Positiive Future Short-Term Outlook
Analysis of trades on blockchain-based derivatives trading platform CloseCross reveals that general distribution of the predictions and the money committed to predictions for the price of Ethereum and Bitcoin show that almost all traders are eyeing ETH to either remain stable or increase in value. There was hardly any interest […]
The Future of Ethereum on Layer 2 – Numio Case Study
The dawn of decentralized finance has fuelled a rapid growth in Ethereum’s daily transaction volume, with rising sustainability concerns due to the blockchain’s scalability shortcomings and unreasonable transaction fees. While the deployment of Ethereum 2.0 has commenced, it’ll likely take years before the update is fully integrated, causing unnecessary delays […]
Ethereum User Spends Over $2.5 Million on Transaction Fees
There is always one development in the cryptocurrency world that might not make too much sense at first glance. Paying an Ethereum transaction fee of over $2.5 million certainly is rather unique, but primarily costly. Transaction fees are an integral part of most cryptocurrency networks. A Rather Excessive Ethereum Fee […]
Tether Isn’t Burning Coins on Ethereum due to High Demand
Some days, it would appear if the entire cryptocurrency community is upset about Tether. Rather than burning coins, the supply seemingly keeps increasing every so often. It is only normal to see people start to question what is going on exactly. An Interesting Tether Plot Twist Stablecoins are only supposed […]
Ethereum-based Transactions for Tether Reach a new High
You may think that the number of stablecoins on the market would indicate that there is fierce competition for dominance. Sadly, that is not the case, but ether’s USDT is still firing on all cylinders across the board. Virtually all major stablecoins are issued on the Ethereum blockchain today. Tether […]
Upcoming Ethereum Fork Leaves Community Unimpressed
The Ethereum network is set to undergo its Istanbul fork. That is a very interesting development, but similar to most other forks on this network, many network nodes are upgraded at the last minute. It is very interesting to see how Ethereum node operators approach upcoming forks. Another Ethereum Upgrade […]
Bitcoin users can now Access Ethereum’s DeFi Through tBTC
The competition is heating up when it comes to tokenizing Bitcoin on the Ethereum blockchain. The launch of tBTC is very interesting to behold, especially for those seeking active exposure to decentralized finance. Most people are aware of wBTC, or Wrapped Bitcoin. tBTC has Launched on the Ethereum Blockchain It […]
Ethereum has More Bitcoin Locked up Through wBTC Compared to Bitcoin’s LN
There is an ongoing issuance of wrapped BTC – or wBTC – on the Ethereum blockchain. It appears that this token is in very high demand, as the recent issuance of Wrapped Bitcoin has a higher USD value compared to the entire Lightning Network. Issuing Bitcoin on the Ethereum blockchain […]
Despite Rumors, Eth 2.0 Will not Launch in July of 2020
There appears to be some confusion among Ethereum developers and enthusiasts. Recent comments by Vitalik Buterin indicate that Eth 2.0 will launch in July, although that may not be a feasible timeline. Enthusiasts have been waiting for the launch of Eth 2.0 for some time now. There’s Still no Eth […]
Nearly Everyone Flocks to Ethereum to Issue Crypto Tokens
When it comes to issuing new tokens on any blockchain, there are ample options waiting to be explored. Unsurprisingly, it would appear that Ethereum remains the market leader by quite a landslide, as every other chain is quickly losing traction. There are many options one can explore to create a […]
Just 10 Ethereum Addresses Control 17% of the ETH Supply
When looking at the distribution of cryptocurrencies, there will always be so-called “whale accounts”. In the case of Ethereum, those accounts hold a significant amount of funds, yet there doesn’t appear to be any cause for concern. An independent audit of the top 10,000 Ethereum wallet addresses by balance has […]
Weiss Ratings Puts Cardano Ahead of Ethereum in “Technology” Aspect
Few statistics in the cryptocurrency are as controversial as the Weiss Ratings. Not because their findings and ranking are inaccurate, but simply because they upset so many people because Bitcoin hardly ever comes out on top. Every Weiss Ratings report is well worth keeping an eye on. Surprising Altcoins Rank […]
Binance Chain Won’t be an Ethereum Killer Despite Smart Contract Functionality
For many years now, there have been ample rumors regarding blockchain projects competing with Ethereum. Binance is the latest entrant to throw its hat into the ring, albeit it remains to be seen how successful this approach will be. Binance has been working on its blockchain solution for some time […]
Value Transferred Volume on Bitcoin and Ethereum is Virtually Identical
The success and usability of a cryptocurrency network can be determined in different ways. One option is to look at the average value transferred. If that becomes the go-metric, Bitcoin and Ethereum are neck-in-neck all of a sudden. Ethereum Matches Bitcoin in Value Transferred This is a very surprising trend, […]