Cryptocurrency Analysis and News Portal
Ethereum is a blockchain-based software platform that is primarily used to support the world’s second-largest cryptocurrency by market capitalization after Bitcoin. Like other cryptocurrencies, Ethereum can be used for sending and receiving value globally and without a third party watching or stepping in unexpectedly.Value exchange is the main use case
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Ethereum 2.0 is one of the most-anticipated upgrades in crypto presently. The upgrade which will bring better scalability and cheaper prices to the network is nothing short of needed given that demand has driven these two things to its brink on the network. This is why Ethereum developers have been
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In recent months, the PoW consensus mechanism has received scrutiny by lawmakers globally for its energy consumption. Most recently, the U.S. held a congressional hearing to discuss the energy consumption related to the PoW. Meanwhile, the EU markets regulator called for a ban on the validation system, citing its energy
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Ethereum’s latest price decrease was fueled by increased altcoin inflows to cryptocurrency exchanges. Experts attribute the drop in Ethereum’s price to direct transfers from the NFT marketplace OpenSea. OpenSea Transaction Volume Dangerous For Ethereum According to Etherscan data, OpenSea has been unloading thousands of ETH on the market in the last few
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Don't write off Ethereum just yet.The second-largest blockchain network by market capitalization after Bitcoin has become the dominant venue for some of the hottest cryptocurrency innovations, from decentralized finance (DeFi) to non-fungible tokens (NFT).The network's popularity – and the high fees of transacting on it – has inspired a bevy
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The stablecoin market has undergone a shakeup as USD Coin (USDC) has overtaken USD Tether (USDT) on the Ethereum blockchain. USD Coin Supply On Ethereum Is Now More Than Tether As per the latest weekly report from Arcane Research, USDC has now become the largest stablecoin on the ETH chain, surpassing USDT. A
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A debate arose about the possibility of Ethereum becoming hard money and ended up highlighting more downsides to the digital asset than anything else. The founder of a Bitcoin investmentsCharles Edwards, shared a chart that showed the circulating supply activity of Ethereum and Bitcoin and argued that “Ethereum has entered the
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A solo Ethereum miner has just gotten what could be described as the lucky break of a lifetime after mining a single ethereum block that netted them a reward that ran into the hundreds of thousands of dollars. While ethereum’s mining difficulty is not as high compared to bitcoin, it
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Per Aggarwal, the Althea team has been working on the Gravity Bridge for a number of years, and boasts a sophisticated slashing system for validators that underperform. Additionally, Osmosis is an app-specific chain, meaning that Osmosis Labs could take drastic steps to improve user experience, including allowing for Metamask signatures,
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Since August, Solana has been capturing the most NFT volume share at the expense of Ethereum, the bank said, noting that was when the NFT market started a major expansion. Ethereum has also been losing market cap share to Solana in line with the declining NFT volume share. Source
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