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The price of Ethereum (ETH) has struggled to break out of a range against Tether (USDT) after being rejected from key resistance. Ethereum price has seen a relief bounce, with Bitcoin (BTC) rallying after closing the weekly candle with bullish sentiment from a daily low of $23,000 to a region of
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Cointelegraph’s Brian Newar spoke with Alex Svanevik, the CEO of blockchain data firm Nansen at the Korea Blockchain Week (KBW) 2022 held in Seoul and discussed topics like the upcoming Ethereum (ETMerge and how it will affect other blockchains. According to Svanevik, the industry witnessed a spillover effect in the last
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On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT) mint called “Nftiff” sold out. Tiffany’s sold 250 Nftiffs for 30 ethereum per Nftiff raking in more than $12.5 million from the sale. The NFTs created by Tiffany’s have to be
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In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end of July. At
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As of this writing, the Lightning Network’s capacity – the total amount of bitcoin in the network – has reached an all-time high of 4,351 BTC, equivalent to almost $100 million. The list of exchanges that have integrated Lightning is steadily growing, with Kraken, Okcoin and OKEx being the most
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Miners of both Bitcoin and Ethereum are still thriving regardless of the crypto winter. The revenue generated by Ethereum miners surpasses that of Bitcoin miners, according to the 2022 record. The growth of the miners is quite surprising given the increase in the cost of electricity. But all that might
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Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community prepares for the network’s transition to proof-of-stake (PoS) next month. As usual, the idea of a forked token gets people excited and some individuals get upset,
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Ether (ETH), Ethereum's native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, "the Merge," grows.ETH at multi-month highs against BTCOn the daily chart, ETH/BTC surged to an intraday high of 0.075 on Aug. 6, following a 1.5% upside move. Meanwhile, the pair's
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“Currently, approximately 95% of the DeFi projects exist on the Ethereum blockchain. If NFT and DeFi developers realize that a secure proof-of-work layer 1 blockchain is the best playing field for their code based projects, then we would expect to see a rise in applications on the Ethereum Classic blockchain,”
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La fusión o merge, la primera de cinco actualizaciones planeadas para la red, podrían solamente incrementar la velocidad de transacciones en un 10% al reducir los tiempos de bloques, según el reporte. Sin embargo, allana el camino para el surgimiento o surge, que es la próxima actualización planeada por la
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