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Industry experts say Tether and Decentralized Finance tokens will play large roles in the future of Ethereum as the blockchain approaches its five-year anniversary on July 30.In a statement shared with Cryptox, Paolo Ardoino, Chief Technology Officer (CTO) of Bitfinex and Tether, said the Ethereum blockchain will “play a central
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Ever since its then-record $232 million ICO (initial coin offering) back in 2017, Tezos (XTZ) has earned a justifiable amount of buzz in the crypto world. But does the Swiss-US joint venture have legs?First off, it’s important to understand what makes Tezos stand out among the thousands of cryptocurrencies on
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Bitcoin enjoyed a bullish price action over the course of the past seven days providing investors a weekly return of 2.52%.Bitcoin Favors the Bulls as It Aims for Higher HighsIts price opened the week, July 6th, at a low of $9,072, but the bulls quickly stepped it allowing BTC to
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23 per cent of panellists have concerns about the economics of Ethereum as it shifts to proof of stake Ethereum 2.0 The panel
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Out of the top-five cryptocurrencies, Ethereum has been the most bullish one over recent weeks. The cryptocurrency has pushed closer and closer to local highs as Bitcoin and XRP have stalled.Analysts say that with this recent price action, ETH is likely preparing to see a massive breakout. One trader, in
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According to data from blockchain analytics website Messari, the number of unique Ethereum wallet addresses has grown nearly twice the rate of Bitcoin’s since the beginning of 2020. Reasons Behind the Growing ETH Addresses The growth in the number of active Ethereum addresses has eclipsed that of Bitcoin throughout 2020. Per data
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Buterin said that the first phase of Ethereum 2.0 is “in some ways simpler than eth1 and in some ways more complex.” Anyway, he believes that the launch will take place this year.This year, Ethereum Foundation is planning to launch Phase 0 of Ethereum 2.0, the initial stage of the
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Ethereum traded to a new monthly high near $249 before correcting lower against the US Dollar. ETH price is currently trading nicely above $253 and it could rally again towards $250.ETH price is holding the main $235 support level and the $232 pivot level against the US Dollar.It is facing
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One of the hottest crypto trends over recent months has been Ethereum DeFi. Also known as decentralized finance, DeFi is the industry of building decentralized applications for financial services.As can be seen below, coins related to this sector have gone parabolic, outpacing Ethereum. Take the example of Aave’s LEND token,
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The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month.Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees higher.It further stated the Ethereum’s consistent uptrend shows that its demand is not slowing down.Ethereum has
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