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Etherum 2.0 made its second launch rehearsal for the 2020 release

hitesh choudhary JNxTZzpHmsI unsplash

Etherum is currently in trial testing, and complete success is expected in the long-awaited phase 0 known as Zinken. The Etherum 2.0 trial test was carried out at noon on Monday. And it was a very entertaining process, as it had a lot of participation and there were no mistakes to mention. Spadina’s launch did […]

Ethereum 2 Beacon Chain to be launched soon

A D F F E

Ethereum 2 beacon chain has been tested for over nine months Its Mainnet would have a penalty and reward feature.  Developers to avoid domination of one client implementation  Ethereum 2 Beacon chain would soon be launched for public use; this was made known by Ben Edgington, a writer on popular Cryptocurrency news site, Coindesk, where […]

Ethereum gas price slumps as the number of ETH active addresses crash

Ethereum scalability

After the frenzy for DeFi dapps, the Ethereum platform is beginning to see a rapid drop in the use of its network which has also resulted in the slump of Ethereum gas price. According to Santiment, the plummeting of interactions on the ETH network began in the middle of September after the preceding months witnessed […]

DeFi euphoria is dead: Here’s what 2020 holds in store

DeFi euphoria is dead Heres what remaining holds in store x

Decentralized finance is the epitome of the crypto concept. Crypto projects are viewed as a hedge against economic collapse. DeFi aims to rewrite how the entire banking system works. Traders are exploiting leveraged Dai positions to make big gains. The crypto industry will resolve its problems in some possible scenarios. Today, DeFi is to crypto […]

ETHs staked in Ethereum 2.0 Medella testnet nears 2 million

ethereum

The current activity in the Ethereum 2.0 Medella testnet indicates that Ethereum users are highly optimistic about Eth2 or Serenity. The number of validators on the testnet has more than doubled from the initial 20,000. Likewise, the number of Ethers staked in the testnet has significantly increased since Medella was launched. Almost 2 million ETHs […]

Ethereum network blockage soars with increased user activity

Ethereum network blockage

Ethereum network traffic reaches new levels ETH supply shifting towards smart contracts Ethereum network blockage drives gas price Ethereum users have been exerting immense pressure to the ethereum blockchain in recent days causing ethereum network blockage. The network has seen increased demand as users interact with smart contracts, AMMs, DEXs and many other activities leading […]

Ethereum price: On chain metrics indicate ETH is disposed for sharp recovery

Ethereum price

Ethereum price unable to breach $400 resistance Ethereum whales driving ETH/USD pair Low bank interest rates positive for ETH and cryptocurrencies After experiencing a sharp surge yesterday, Ethereum price is inferior by over 1% today. Ethereum has been among the most successful performers out of the top 10 cryptocurrencies since Thursday. The second-largest cryptocurrency is […]

Ethereum bearish market to push past $320 as consolidation comes to an end

Ethereum market analysis

Ethereum has gained 0.5 percent market value at press time. The crypto prices have pushed past the 23 percent Fibonacci retracement level. Prices breaking past the 50 percent retracement levels may indicate a reversal to the upside. However, a combination of price analysis, RSI, and Bollinger Bands shows the market will continue its bearish trend. […]

Ethereum price hits $370 following BTC rally, what’s next?

Ethereum price hits following BTC rally what s next

Ethereum continues to follow Bitcoin price trend. Ethereum price movement showing signs of independent price movement. Ethereum market sentiment differs from Bitcoin despite a rise. The king Bitcoin over shadows the cryptocurrency market and the queen Ethereum is often dependent. Ethereum price has hit a new high above the $370 mark, however, unlike Bitcoin the […]

Ether addresses with $369K to $3.69M crash to severe lows

Ether addresses with K to M crash to severe lows

Ether (ETH) investors holding a large amount of the second-largest cryptocurrency have been cashing out recently. The number of Ether addresses holding at least 1,000 to 10,000 ETH has dropped to major lows following the data shared by Glassnode. While these mid-sized addresses dropped in number, the non-zero addresses increased. Big Ether addresses are dropping […]

ERC 20 topples Ethereum market cap

ERC topples Ethereum market cap

Reports are surfacing about an incredible rally in the ERC 20 market cap, and now the Ethereum market cap has succumbed to the rectification. In a shocking maneuver, the 2nd largest cryptocurrency by market cap has lost around 26 percent of it’s market cap so far in September, marking a serious market shift. Per the […]

Ethereum price at a crossroad, analyst

Ethereum price at a crossroad analyst

The queen of cryptocurrency Ethereum ETH is often seen following the king Bitcoin and the Ethereum price trend in the past week is another telltale of the same phenomena. This is tantamount to the fact that despite new tokens emerging in the market such as the recent spike in YFI price, Bitcoin and Ethereum remain […]

Yearn Finance yETH promises to fetch higher yields for Ether HODLers

ethereum

The current boom in the decentralized finance (DeFi) market may not be dying down anytime soon, as more new protocols and projects are being announced, catching the attention of the crypto traders/investors even more. Especially in yield farming, there have been quite some bullish statements around one of the new products, Yearn Finance yETH, which […]

DeFi popularity driving Ethereum gas prices higher

DeFi popularity driving Ethereum gas prices higher

As DeFi popularity soars, so does the Ethereum gas prices. The congestion on the Ethereum network in reaching stratospheric levels on the backdrop of an increased DeFi activity. Median gas prices are posting new all-time highs every day despite a drop in the number of active ETH addresses. Galssnode data suggests that around 40 percent […]

BTC addresses surge as ETH transaction fees spike

BTC addresses surge

In terms of daily transactions, in recent weeks, Bitcoin matched its all-time daily transactions figure, which was last seen in 2018, after a BTC addresses surge was seen. Taking the growing user data into consideration, one can deduce that the bull is still leading the price of digital assets somewhere. If the bull that encompassed […]

Ethereum options more attractive than Bitcoin options, says Deribit

Ethereum options more attractive than Bitcoin options says Deribit

Ethereum options are shining brighter as compared to Bitcoin options, as per the Institutional Newsletter of Deribit. Even though the first quarter of 2020 has been a lackluster period, the events from March onwards have the crypto analysts glued to their seats. Source: Deribit In July, both Bitcoin and Ethereum made remarkable gains and made […]

All eyes on ETH 2.0 Medalla Testnet as bulls drive Ether price higher

All eyes on ETH Madella Testnet as bulls drive Ether price higher

Ether price set to rise again from the recent lows after touching $415 highs Glassnode says 90 percent of ETH holders are now in profit Ethereum 2.0 Medalla Testnet and DeFi to fuel further growth Cryptocurrency Daily Heatmap – by Coin360 Ether price is set to soar as Medalla testnet goes live The launch of […]

More than 90% of ETH holders in profit, says Glassnode

More than of ETH holders in profit says Glassnode

ETH holders have something to cheer for. A recent study by Glassnode has revealed that more than 90 percent of current Ethereum holders are in profit. As the ETH/USD prices hit new highs, the news brings even more positivity into the Ethereum ecosystem. Over 90% of the circulating #ETH supply is now in a state […]

ETH 2.0 Testnet Medalla launches today with much fanfare

ETH Testnet

The Ethereum developers and its community will be anxious and in high spirits as the ETH 2.0 Testnet Medalla launch will go live by 13:00 UTC. With Ethereum’s price almost touching the key resistance figure of $400, it is unknown if this new momentum would pivot the price above the level. As the public testnet […]

Ethereum ETH price: Bullish for the next 48 to 72 hours

ethereum eth price

It’s green across the board today as most of the top 100 coins report decent gains. While the top ten post a more modest performance, smaller altcoins like Ren and Ocean Protocol are up 16.07 percent and 19.61 percent, respectively, at the time of writing. Today’s top earner, however, seems to be Crypto.com’s MCO token […]

Ethereum price trading at a one-year high, back to $500?

ETH Ethereum Price

The Ethereum price performance continues to lead the current crypto wave. After days of upward trajectories, ETH prices have pushed their gains versus the USD to 66 percent year-to-date. At the same time, the ETH trading community can rightly brag. The Ethereum price–in the last year of trading, is up 60 percent against the most […]

Verifiable Delay in ETH 2.0 to benefit lotteries, says Vitalik Buterin

Verifiable Delay in ETH to benefit lotteries says Vitalik Buterin

Vitalik Buterin is confident that the Verifiable Delay in ETH 2.0 would prove beneficial for the lottery industry. Speaking at the Colorado State Lottery and Ethereum Hackathon collaboration, GameJam Hackathon, the Ethereum founder, shared his views about how ETH 2.0 would transform the lotteries of the future. The virtual GameJam Hackathon launch features Vitalik Buterin, […]

Ethereum price up 32% ahead of the Medalla testnet

Ethereum ETH Price

At spot rates, the Ethereum price—considering how tepid market conditions were in the last two to three months, is exceeding expectations.  Perched firmly at second and trading at new 2020 highs, bulls and holders have reversed deep losses of March 2020.  After collapsing by over 40 percent—forcing pessimists to write off the project’s prospects, the […]

Ethereum price solid above $230 after Eth2 news

Ethereum ETH

The Ethereum price is still ranging inside a $30 zone with caps at $250. However, considering the upbeat fundamental developments in the last 24 hours and more importantly, the revitalization of ETH bulls, odds are ETH prices will likely close above critical resistance zones. Ethereum 2.0 multi-client testnet to launch in early August 2020 Fanning […]

Ethereum 2.0 launches two beta attacknets inviting hackers to attack them

Ethereum

The Ethereum Foundations has launched two beta ‘attacknets’ for Ethereum 2.0 clients for hackers to take down for rewards. The foundation has launched two public attacknets for hackers to take down. According to Danny Ryan of the Ethereum Foundations, the beta-0 attacknets are very small and should be relatively easy to take down. Ethereum 2.0 […]

Ethereum digital bond – A fantasy or reality?

Ethereum digital bond A daydream or reality

An Ethereum digital bond looks like a fantasy to any ETH fan. However, ETH 2.0 brings staking to the famed network, and it will undoubtedly open up many new opportunities. Therefore, the convertible potential of the entire $26 Billion Ethereum wealth into yield-bearing assets is highly likely. The concept of an Ethereum digital bond is […]

Ethereum 2.0 Economic review suggests changes to improve security

Ethereum

An independent research document by two ConsenSys researchers details the economics behind the Ethereum 2.0 upgrade. The report titled “Ethereum 2.0 Economic Review” explores the economics of the PoS blockchain. The researchers, Tanner Hoban and Thomas Borgers explored an economic review of the network’s transition to a proof-of-stake blockchain. The researchers also point out some […]

Ethereum price range below $250 as address count soars

Ethereum ETH Price

Just when the Ethereum price is range-bound below $250, the number of ETH addresses has soared to a two-year high. According to GlassNode, the number of unique Ethereum addresses stood at 405,014, a level not seen since May 2018. Ethereum address count at a two-year high To expound, a blockchain address is a special identifier that every sender or […]

Cardano Shelley upgrade will spur competition, says Abra CEO

Cardano Shelley upgrade will spur competition says Abra CEO

Chief executive officer of Abra, Bill Barhydt, says that Cardano Shelley upgrade is set to increase competition in the smart-contract blockchain realm. Ethereum is the king of smart contract blockchains, and Cardano occupies the number two-seat. However, the latest Cardano Shelley update is set to change this trend as Cardano gears up to take on […]

Ethereum price recovery is spectacular, $280 incoming?

Ethereum ETH

As the cryptocurrency market recovers after last week’s doldrums, the focus is on the Ethereum price. In the last trading week, not only has its fundamentals been a source of discussion but the performance of the second most valuable coin remains a drawer. Week-to-date, the ETH price is stable. Noticeably, bulls are reversing losses of […]

Ethereum 2.0 Codefi staking project gets six new crypto members

Ethereum Codefi staking project gets six new crypto members

Codefi staking project based on Ethereum 2.0 has welcomed six new members to its fold. The new names to join the Codefi club feature crypto industry’s big players, including Binance, Huobi Wallet, Crypto.com, Trustology, Matrixport, and DARMA Capital. .@binance, @cryptocom, @DARMACapital, @HuobiWallet, @realMatrixport, and @TrustologyIO join @ConsenSysCodefi Staking Pilot Program, for early access to an […]

ETH price tethers closely above $230, will bears win?

ETH price

Ethereum aims to be the world’s supercomputer. ETH price is just one facet (of the many) that spurs discussion. There are factors to gauge performance and activity like Gas transactions, dApp development, and network usage. One key metric that users tend to follow is activity. And the best way of measuring activity is the network’s […]

EIP 1559 will fix high Ethereum transaction fee issues, says Buterin

ethereum

Ethereum users and the cryptocurrency community are getting baffled over the reports about high Ethereum transaction fees. Probably, for the third time, an Ethereum address overpaid for a transaction, which should not happen on the normal ground. Vitalik Buterin, the co-founder of Ethereum, reiterated an EIP that will handle the issue. Report on high Ethereum […]

ETH price ranges below $250 ahead of Beacon Chain mainnet

Ethereum ETH Price

The discourse around ETH price can go on for days on end. However, the price and overall valuation of the project is largely determined by its fundamentals. This is what separates believers and speculators. While speculators are in for the money, believers look at the long-term, believing in the strengths offered by the blockchain technology. […]

Upvest’s Ethereum gas fee prediction project bags $1 million

savings

Upvest, a blockchain platform that provides an end-to-end solution for asset tokenization, has reportedly raised funds purported to back its Ethereum gas fees project. The company said it would mostly benefit companies making large transactions on Ethereum. Upvest raises $1 million for its Ethereum gas fee project According to the report on Tuesday, the German-based […]

New ConsenSys compliance service to pin down ‘bad guys’ on Ethereum projects

ethereum

ConsenSys, a blockchain company, announced on Monday, it launched a compliance program to help pin down ‘bad guys’ in the cryptocurrency Industry. The new ConsenSys compliance service is specially designed for projects and digital currencies in the Ethereum blockchain. ConsenSys compliance service to focus on Ethereum projects As Bloomberg reported, the ConsenSys compliance service is […]

Tether dominance in Ethereum chain threatens ETH

Tether dominance in Ethereum chain threatens ETH

Tether dominance in Ethereum is slowly rising especially in the payment services realm. It has overtaken Ripple’s XRP to become the third-largest cryptocurrency in terms of market cap. Next up on its target is the market-favorite Ether. With the supply of Tether increasing every day, the native Bitcoin chain relations are also being severed. This […]

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