Despite the fact that the digital currency market has experienced a huge drop in market Cap and lost a substantial amount of pips in their various assets. Yet market investors are on the look for profitable opportunities to invest their money amidst the downhill movement taking place in the market. With rate hike expectations coming […]
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain Strong Despite Crypto Market Price Reversal […]
Ethereum Price Prediction – January 21 The Ethereum price prediction is seen moving below the key supports and it may continue to move down towards $2500 if it fails to stay above $2600. ETH/USD Market Key Levels: Resistance levels: $3300, $3400, $3500 Support levels: $2400, $2300, $2200 ETHUSD – Daily Chart As the market opens […]
The cryptocurrency market has taken a big hit overnight. A combination of Russia crackdown plans and continued risk-aversion has sent its total cap down to $1.95 trillion. This represents a 7% drop in 24 hours, with big coins such as bitcoin (BTC) and ethereum (ETH) falling by similar margins. However, with the market suffering such a […]
Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from security and blockchain auditing firms Certik and Peckshield indicate that some funds were […]
Ethereum Price Prediction – January 18 The Ethereum price prediction reveals that ETH is approaching a crucial support level which could take the second digital asset to the downside. ETH/USD Market Key Levels: Resistance levels: $3600, $3700, $3900 Support levels: $2800, $2700, $2600 ETHUSD – Daily Chart As the daily reveals, ETH/USD is currently trading […]
The Ethereum network conducted a partial network fee burning mechanism in August 2021. The objective of the upgrade was to make Ether deflationary. This upgrade has launched on Polygon, a layer two scaling solution based on Ethereum. Ethereum’s EIP-1559 is part of the London hard fork upgrade, and so far, it has delivered the expected […]
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether. Ethereum 2.0 Contract Exceeds 9 Million […]
The most popular are usually the ones with the highest market cap. Of course, people already know about them, and that’s why they’re in them. This market cap is usually over $10 billion. That’s how much capital investors have pumped into the crypto asset in the market. You can get the market cap by multiplying […]
Ethereum (ETH) is the biggest blockchain in the world. However, it faces massive scaling challenges that have made it slower and more expensive to use. Because of this, layer 2 scaling solutions for Ethereum have been created in a bid to enhance efficiency and speed on the Ethereum chain. Although some like Polygon (MATIC) and […]
During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing […]
Certik, a blockchain security and auditing firm, has reported that the most common attack vector for hacks in decentralized finance (defi) protocols had to do with centralization in 2021. This data is present in Certik’s latest report, where the company also examines the growth of defi in 2021, and how other chains such as Avalanche […]
Ethereum Price Prediction – January 16 The Ethereum price prediction reveals that ETH failed to climb above the daily high of $3394 level as its price touches the daily low at $3275. ETH/USD Market Key Levels: Resistance levels: $3600, $3700, $3800 Support levels: $3000, $2900, $2800 ETHUSD – Daily Chart According to the daily chart, […]
During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across 258,536 NFT buyers this week, the NFT collection Meebits […]
On Saturday, January 15, 2022, the value locked in decentralized finance (defi) protocols across a number of blockchains has increased from $233.95 billion since January 8, to $239.44 billion. Curve’s total value locked (TVL) dominance today is 9.76% with its $23.38 billion TVL. Meanwhile, native assets for the top nine smart contract platforms have seen […]
Ethereum has been facing high competition from blockchains believed to be more scalable and less expensive. While many analysts have speculated that Ethereum will soon lose its dominance to these upcoming networks, the CIO of Pantera Capital, Joey Krug, has expressed optimism that Ethereum will be the future of the global financial sector. Krug noted […]
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes […]
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News […]
The cryptocurrency market has had a rough opening to 2022. Its total cap has fallen by 2% in the past 24 hours, to $2.12 trillion. Most major coins have dropped along with it, with bitcoin (BTC) and ethereum (ETH) declining by 1.5% and 4.4%, respectively. However, while the overall market has slipped by around 14% […]
The Ethereum platform is still the favourite among developers despite the boom of competing networks. The current data shows that the number of developers on the ETH blockchain is significantly more than rival networks. However, with ETH facing scalability issues, rival networks are fast-growing, and they are catching up. Ethereum is still taking the lead […]
Cryptocurrency had a thrilling year in 2021, particularly with Ethereum and other altcoins. Now it looks like Estonia will be adding cryptos to its official regulations. Ethereum witnessed a considerable increase, making it the leading position in the crypto market. For the year ahead, there are some predictions regarding actions from governments. 2022 is expected […]
