Altair: Ethereum 2.0’s thrilling upgrade goes live
TL; DR Breakdown Altair, the Ethereum 2.0 (ETH) upgrade is up and running. The platform successfully deployed this upgrade on Beacon Chaim. The upgrade comes a year after Beacon Chain premiered. It’s the first step in moving ETH to a full Proof of Stake mechanism. Altair, the much-awaited Ethereum 2.0 upgrade is now live. The platform’s Beacon Chain successfully […]
DeFi encounters NFTs: bad loan nets loan shark NFT worth $340,000
TL;DR Breakdown A non-fungible token (NFT) collector loses collectible worth $ 340,000 for failing to service a $12,600 loan. The Elevated Deconstructions NFT now twice defaulted. A collector lost NFTs worth over USD 300 thousand for failing to service a debt of around 3.5 ETH. The loan would have a value of $12,600 based on […]
Ethereum 2.0: Ethereum’s relation with Bitcoin is ending
TL;DR Breakdown Ethereum’s relation with Bitcoin is that of a follower, but now coming to an end. Ethereum 2.0 would release new and improved framework. The queen would be able to act independently walking out of Bitcoin’s shadow. Ethereum (ETH) has been dubbed the unofficial queen of cryptocurrency, and for a good reason. Bitcoin, being […]
Ethereum price analysis: ETH fighting bears seeking to pull down below $3,200
TL;DR Breakdown Ethereum price analysis reveals a struggle between bulls and bears. Bears are looking to pull ETH’s price below $3,200. Strong support is currently found at the $3,160 mark. Strong resistance is currently found at the $3,220 mark. Ethereum price analysis reveals that the queen of cryptocurrency is stuck in a struggle between bullish […]
Ethereum price analysis: ETH likely to retest $3,200
TL;DR Breakdown Ethereum price analysis shows that the ETH/USD pair is likely to retest the $3,200 mark. Strong support is currently present at the $3,120 mark. Strong resistance is currently present at the $3,177 mark. The latest Ethereum price analysis reveals that the queen of cryptocurrency is all set to retest the $3,200 mark. At […]
Ethereum finalizes London upgrade and offers to stabilize transaction fees
TL;DR Breakdown • Ethereum version EIP-1559 will restore daily commission payments.• ETH gains value capitalizing on the $2770 since the beginning of August. Ethereum and its entire team show progress in their latest network update for the entire London area in Europe. With this update, the work team seeks to improve commission payments for investors […]
ZebPay launches ZEBB offering BTC & Ether SIP Options
TL;DR Breakdown • ZebPay brings the SIP-based Options ZEBB project.• The crypto company tries to create an affordable investment ecosystem. Singapore-based encrypted exchange ZebPay announces that it will include a new SIP project under the name “ZEBB”. This trading plan is made to use the two most traded tokens: Bitcoin and Ethereum. The platform has […]
Crypto scam alert: Man loses £2,78,000 on a fake trading app
TL;DR Breakdown • Brandon Larsen lost over 50 percent of his tokens with a fraudulent crypto trading app.• The crypto scam occurred with a fake app. A young man lost £278,000 in a crypto scam after being hacked. This happened while he was using a fake cryptocurrency mobile app. American Brandon Larsen was stumped after […]
Goldman Sachs predicts that Ethereum will surpass BTC as a store of value
TL;DR Breakdown Goldman Sachs predicts that Ethereum can become the next dominant store of value. Ethereum is being projected to overtake BTC in the near future in terms of market cap. Ethereum’s smart contracts will be the reason behind this huge adoption of adoption. Goldman Sachs predicts that Ethereum will have a bigger market cap […]
Lloyd’s to accept Ethereum, Bitcoin, and other crypto payments during its auctions
TL;DR Breakdown • Auction houses use NFTs to make money.• Bitcoin, Ethereum, and other cryptocurrencies are accepted as payments. Lloyd’s announced that it would accept crypto payments on its platform. The organization would accept cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. People inclined to the auction world can buy their toasters or even a classic car […]
Ethereum price analysis: Ethereum slowly moves back above $1,900, prepares to spike higher?
TL;DR Breakdown ETH tested the $1,900 mark overnight. Market prepares to push higher. Next target at $2,200. Ethereum price analysis is bullish for today as the market prepares to rally higher after a retest of the $1,900 price level as a support. Therefore, we expect ETH/USD to move towards the $2,200 resistance over the next […]
Ethereum developer fires back at Cardano developer
TL;DR Breakdown Vitalik fires back at Hoskinson Vitalik believes ADA project is a success regardless Ethereum developer Vitalik Buterin has thrown a subtle jibe back at Cardano developer Charles Hoskinson who previously said ADA was better than ETH. Buterin fired back at Hoskinson during a podcast interview with Lex Friedman. He said “deep academic rigor […]
Can Ethereum beat Bitcoin as the most popular cryptocurrency on the market?
TL;DR Breakdown • Ethereum network will launch its version 2.0 by the end of the year.• Ether can be the network that solves many problems on the internet. Ethereum has gained more popularity globally, mainly due to its smart contracts admission. The cryptocurrency stands out for including the blockchain network that has driven the crypto […]
ETH bullish, UK parliament member mentions the “flippening”
TL;DR Breakdown Tom Tugendhat wants more financial innovations in the UK Tugendhat more interested in ETH over BTC. Tom Tugendhat has been in the United Kingdom Government for more than five years. The member of parliament has urged UK citizens to put more of their energy into financial innovations. He finds the growth in the […]
Vitalik says that BTC might be left behind due to its vast energy usage
TL;DR Breakdown Vitalik says that ETH is going to beat up Bitcoin BTC. Ethereum to launch ETH 2.0 that is environmentally friendly. The boss of ETH said that crypto is like a bubble meaning it can not be easily predicted when it will come up. He said that ETH might beat up the bull and […]
Users will be able to earn bonuses in Ether and Bitcoin through Brex
TL;DR Breakdown • Brex promises good earnings with Ether.• Real estate companies like WeWork join in crypto transactions. Brex, the US financial services and technology company, is poised to allow its users earn bonuses in cryptocurrencies, especially Ether. The financial provider’s partners are Classpass, Airbnb, and Combinator, with whom it lends its exchange operations. The […]
Ethereum: Galax company shows RTX 3080 and 3070 GPUs for mining
TL;DR Breakdown Silicon Galax graphics cards consume lower hash rates. There is no exact sale date for RTX LHR graphics cards. Good news for Ethereum lovers — the Galax company released some computer graphics cards like the RTX 3070 and RTX 3080. These graphics cards feature Geforce RTX 30 LHR silicon built by Nvidia. According […]
Shopify CEO bullish on DeFi
Shopify CEO goes bullish on DeFi. Ethereum hits ATH. Lutke fascinated by Ethereum smart contracts. Shopify CEO goes bullish on DeFi The popular e-commerce platform Shopify, is riding the crypto waves. Earlier this year, Shopify had partnered with CoinPayments. Tobi Lutke, the CEO of Shopify, has gone full bullish on DeFi. The e-commerce boss took […]
Hermez Network to fix Ethereum gas fee issues
TL;DR Breakdown Hermez mainnet launched officially. They hope to provide a solution to the high Ethereum gas fees Hermez Network is introducing Proof-of Donation Hermez Network has launched its mainnet. The network hopes to reduce Ethereum gas fees by collapsing several transfers into just one transaction. With the rise in the popularity of Ethereum blockchain, […]
Ethereum Price Prediction: ETH hints at a bull run towards $2,000
TL;DR Breakdown Ethereum price prediction shows the number 2 cryptocurrency recorded a 12 percent upsurge at the start of business. ETH signals a price surge towards the $2000 mark after settling above the descending triangle pattern. Ethereum has to settle above the 50 Simple Moving Average (SMA) to secure the predicted upsurge. During today’s trading, […]
Ethereum scalability issues to end soon – Vitalik Buterin
TL;DR Breakdown Ethereum CEO identifies layer-2 rollups as a feasible scalability solution. When implemented, it would improve the network’s scalability by 100 folds. Buterin says the rollups would be released in a few months. Ethereum scalability concerns to end months from now The current backlog experienced on Ethereum has cost the platform dearly as customers […]
Ethereum 2.0 deposits top $6.5 billion, as ETH nears $2,000
TL;DR Breakdown About 3.493 million ETH has been deposited on Ethereum 2.0 staking contract. Many Ethereum users are confident and want the Eth2 network sooner. A lot more of Ethereum (ETH) has been staked on Ethereum 2.0 deposit contract since the Beacon Chain was deployed last year. Besides the increasing number of ETH on the […]
Ethereum Price Prediction: ETH failed to retest $1,500, more upside to follow
TL;DR Breakdown ETH rejects $1,600 again. Major support for Ethereum is located at $1,540. Ethereum fails to reach $1,500 Ethereum price prediction for today is bullish as the market currently rejects further downside after failure to break above the $1,600 support. Cryptocurrency heat map by Coin360 The overall market is in the red for the […]
Ethereum Price Analysis: ETH set to move lower again after sharply rejecting $1,600 resistance
TL;DR Breakdown ETH resisted $1,600. Ethereum is currently testing $1,500. More downside is expected overnight. Ethereum price prediction for today is bearish as the market has reversed to the downside after testing the $1,600 resistance and printing a bearish pin bar on the 4-hour chart. Cryptocurrency heat map by Coin360 The overall market has seen […]
Binance Coin surpasses Tether in market capitalization
TL;DR Breakdown Binance Coin flips Tether to become the third-largest cryptocurrency by market cap. BNB price has risen by over 521% since the month started. The BNB price surge is due to the growth of the Binance Smart Chain. Binance Coin price makes significant gains This month has been extremely bullish for BNB due to […]
Is Ethereum rising up as the main cryptocurrency?
TL;DR Breakdown Ethereum is rising up as the main cryptocurrency. Ethereum saw higher increase in prices against Bitcoin since March 2020. Eth20 upgrades are causing the crypto to soar higher. ETH is likely to take precedent as the cryptocurrency of the masses. Ethereum (ETH), the queen of cryptocurrency, makes its final moves towards the Ethereum […]
Ethereum 2.0: Ether looks stronger with over $2.6 billion staked
TL;DR Breakdown: ETH staked on Ethereum 2.0 has surpassed $2.6 billion in valuation This is creating scarcity and should be favorable to ETH in the long term. Ever since the deposit contract for Ethereum 2.0 (Serenity) was deployed last year, the number of Ethereum coins staked on the network has been rising steadily. This suggests […]
Would Ethereum be the next big cryptocurrency?
TL;DR Breakdown Ethereum could be the next big currency from the crypto-sphere. ETH is expected to yield a better return on investment (ROI). Bitcoin is becoming an institutional asset and ETH is likely to dominate as a currency. A power struggle has ensued between Bitcoin, the king of cryptocurrencies, and Ethereum, the queen, as both […]
Ethereum price prediction: ETH can hit $1000, analyst
TL;DR Breakdown Ethereum price prediction expects a new all-time high Strong support is found at $732. Strong resistance is found at $756. The queen of cryptocurrencies has been on a gradual upward trajectory for the whole duration of the year. It achieved the all-year high today at $755. As for the day, the queen of […]
The Ethereum blockchain could help international cuisine survive post Brexit
TL;DR Breakdown The Brexit deal will come into effect in January. International businesses will feel the effects of Brexit. Ethereums blockchain could be the solution businesses need. The Ethereum blockchain could help international cuisine survive post Brexit The new Brexit trade deals will come tumbling down in January, and the consequences of Brexit will hit […]
The Ethereum blockchain could help US bureaucracy power through
TL;DR Breakdown The US finally approved the $900 billion Covid rescue package. Some senators expressed they were not included in the decision making. Ethereums blockchain can transmit information to the right people. The Ethereum blockchain could help US bureaucracy Congress finally, approved the long-overdue $900 billion Covid rescue package. The process was stuck on pause […]
The EU could better manage itself with the Ethereum blockchain
TL;DR Breakdown The EU has secured 2 billion of Covid vaccines. The EU must distribute the vaccines. ETH can help the EU conquer its biggest mission yet. The EU could better manage itself with the Ethereum blockchain The European Union is about to undergo its biggest mission yet. The EU has managed to secure above […]
Where to learn to use ETH smart contracts
TL;DR Breakdown ETH smart contracts are popular. Smart contracts can do a range of tasks for businesses. You can use our guide to learn about ETH smart contracts. Where to learn to use ETH smart contracts Ethereum (ETH) smart contracts are the rave these days because they can allow you to do almost anything. The […]
Ethereum technology could help solve Pfizer supply chain issues
TL;DR Breakdown The Pfizer vaccine is experiencing supply problems. The US is calling for 100 million more vaccine doses. Ethereum technology could help hurry things along. Ethereum technology could help solve Pfizer supply chain issues As Christmas is lurking and the new year is in sight, people are hoping for a miracle. Everyone is looking […]
The Ethereum blockchain can thwart QAnon fake news
TL;DR Breakdown QAnon posted #SubpoenaObama. Trump re-tweeted the Obama tweet. Ethereum (ETC) technology can end the fake news era. The Ethereum blockchain can thwart QAnon fake news Monday morning there was a tweet by the notorious conspiracy theory group called the QAnon. The tweet was #SubpoenaObama. The tweet itself did not expand on what the […]
Ethereum blockchain could help Somalia sovereignty
TL:DR Breakdown Somalia and Kenya divorced after collaborating. Kenya accommodates 200,000 Somalian refugees. The Ethereum blockchain is known for being very secure. Ethereum blockchain could help Somalia sovereignty Somalia and Kenya divorced after collaborating. According to Somalia, Kenya just seemed to cross over the line into Somalia sovereignty territory. The official statement suggested that Kenya […]
Bitcoin, Ether non-zero addresses reach new highs
TL;DR Breakdown: Non-zero addresses for Bitcoin and Ether reached a new high on Monday. The increasing balance of these addresses signals more interest for the cryptocurrencies. The price of cryptocurrencies in the market began improving since this week, especially with Ether (ETH) and Bitcoin (BTC) which is back trading at the $19,000 level. Amid the […]
Google services outage makes Ethereum 2.0 more attractive
TL:DR breakdown Google services went out for an hour today. According to Downdetector, Google had tens of thousands of complaints. More popularity grew for Ethereum between 12:00 and 13:00 GMT. Google services outage makes Ethereum 2.0 more attractive Google services went down for an hour today, which caused distrust for their services. Services such as […]
The state of climate emergency could make Ethereum more popular
TL:DR Breakdown The UN declared a climate emergency. The world is heading past three degrees celsius. Ethereum is the most environmentally friendly coin. The state of climate emergency could make Ethereum more popular The United Nations (UN) declares that the country is in a state of emergency today, hoping that countries will act. Speaking at […]
The EU should promote ETH to prevent further Covid 19 victims
TL:DR Breakdown Europe Covid 19 victims surge. Germany, France, and Russia Covid cases worsen. ETH could be the EU’s solution. The EU should promote ETH to prevent further Covid 19 victims Europe is struggling to protect its citizens from becoming Covid 19 victims. CNN reports that daily covid deaths seem to be reaching new highs. […]
