The crypto market today had prices falling as Bitcoin traded beneath the $47,000 mark. According to CoinDesk, BTC has its value dropping by 3% due to the previous sluggish sessions. That had the leading crypto trading around $46,231 at this publication. However, BTC still trades 59% on YTD. Ether, Ethereum network native coin traded lower…
This is the first comprehensive merging of two public blockchains. Polygon, an Ethereum blockchain “layer 2” network, is combining with Hermez Network together in 250 million MATIC transaction worth about 250 million dollars at the MATIC token’s new valuation. Hermez will be integrated into the Polygon environment as Polygon Hermez, and would be a component of Polygon’s product…
Briefly – Ethereum challenges BTC’s dominance as the crypto market cap exceeds $2 trillion, the highest since May. Cardano follows ETH close as it awaits its smart contract upgrade, ADA surged to $2. Fans suggest the Polkadot and Solana are technically cutting-edge than Ethereum, their rival. For now, Ethereum dominates the NFT (non-fungible token) marketplace,…
Top cryptos will have to overpower Tuesday’s obstacles to ensure higher price breakouts. Ethereum Ethereum (ETH) lost 0.64% of its value on Tuesday. After the 4.92% Monday rally, the leading alt ended its day near $3,142.09. Yesterdays mixed morning sessions had ETH rising to $3,235 in the early morning before reversing. Meanwhile, ETH dropped in…
The early Monday sessions saw Ethereum (ETH), the leading alt by market cap, dipping beneath $3,000. Most market analysts attribute the losses to the frenzy surrounding the United States Infrastructure bill discussions. ETH currently trades at $2,955, losing 5% over the past day. The leading alternative coin attempts to regain the crucial level at $3K…
The developer tool that allows ETH developers to manage and verify the smart contracts that power their decentralized applications is the newest crypto firm to pique the curiosity of venture capitalists. As per its Chief Executive Officer, Andrej, in talk with TechCrunch spoke that the firm secured $15.3m in the initial series of a financing…
Ethereum has trended over the previous weeks due to its massive gains. Today, the leading altcoin by market capitalizations catches the attention of many because of its long-awaited London hard fork. The upgrade will go live next week. Keep in mind that this happens as the crypto market gains value. Therefore, what will Ethereum have…
The crypto market consolidates after the encouraging sentiments since last week. At the moment, the market’s worth stands near $1.62 trillion after surging from $1.38 trillion one week ago. That translates to more than 18%. That came after several digital coins surged by double digits. For instance, Bitcoin gained 22% in the last seven days….
Briefly – Ethereum and Bitcoin saw price spikes on Wednesday after Musk’s panel comments at the B-Word conference. Ethereum value hits around $2,000 as enthusiasts aim $2,400. DOGE registered recoveries as well, closing the $0.2 gap. The crypto market had most assets trading in the green on mid-Wednesday after the losses at the start of…
As a result of there being so many cryptocurrencies to choose from nowadays, numerous investors have begun looking towards viable projects that could increase both in value and price in the years to come. Ever since Bitcoin (BTC) had made its debut over a decade ago, we have witnessed the rise of alternative coins (altcoins)…
Failure to overpower today’s pivot zones might send digital coins down after Thursday’s losses. Ethereum On Thursday, ETH lost 3.81%. The altcoin ended its trading day hovering at $1,918.07 after the Wednesday 2.77% reversals. Variable trading sessions saw ETH rising to $2,039.99 before reverses followed. Failing to overcome the first massive resistance at $2,052 had…
Before 2021, the only cryptocurrency that seemed to attract significant interest was Bitcoin (BTC). That’s because its value far exceeded that of any of its competitors, many of which are still worth very little. However, there’s been a growing interest in Ethereum (ETH) in recent months, helping its value rise from a few hundred dollars…
ETH is currently the second largest cryptocurrency which has caught the attention of not just retail workers, but many organizations as well over the previous year. The main facilitator for this sudden upsurge in its reputation is the highly anticipated update to Ethereum v2.0. The ratio of ETH to BTC has approximately tripled over the…
Alexis Ohanian, the co-founder of Reddit, revealed last year that digital assets take a larger percentage of his whole investment portfolio. Seven Seven Six, his venture capital firm, has since then participated in a funding round worth $5 million for Lolli, a Bitcoin reward app, and invested in Quicknode, a blockchain infrastructure firm. The question…
An analyst and a BTC YouTuber that goes by the name “BTC Jack Sparrow” has mentioned what he believes to be the becoming of the Ethereum Network. The famous trader has gathered about 190,000 Twitter followers and is popular for revealing his price analysis to the crypto community recently and why he believes that the…
Despite the latest corrections, fundamental indicators show that Ether might maintain its bullish attitude. After its highest value in May, $4,384, ETH decreased by over 40% as of 1st June. The drastic decline by the second-leading crypto had market players predicting more declines. For example, ADVFN CEO Clem Chambers views the current ETH/USD dip as…
Market analysts, along with those from Goldman Sachs, have said that Ethereum (ETH) will end up surpassing Bitcoin (BTC) soon when it comes to it being a store of value. However, there are other analysts who are equally adamant that this will never come to pass and that Bitcoin will manage to retain its lead…
Although Ethereum has been skyrocketing in terms of price and popularity lately, this has not stopped the gas fees from spiking as well. In fact, if investors were to use the ETH network nowadays, they would find gas fees to be astronomically high. High gas and transaction fees have plagued the world’s second-biggest cryptocurrency for…
Few can deny the impact that DeFi (decentralized finance) has had on the financial world, with many who were previously opposed to the idea slowly coming to realize that it may actually have its uses after all. Cryptocurrencies have understandably played a big part in this, with users all over the world buying, selling, and…
The event namely Coinbase becoming a NASDAQ listed company triggered a boost towards values of each cryptocurrency of the world. The prominent changes that were to be seen because of the boost were in Bitcoin and Ethereum. From the day when Coinbase revealed its public listing, Bitcoin continued to gain further value and went to…
