Cryptocurrency Analysis and News Portal
This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here.While weeks and months in crypto often feel like years, it has only been 60 days since the hard fork that contained EIP 1559 was
Read More
On November 2, 2021, the Ethereum network’s global hashrate tapped an all-time high (ATH) at 873 terahash per second (TH/s) or close to 1 petahash. Alongside Ethereum’s ATH, a myriad of hashrates have returned back to the highs the network’s once held before the crypto mining crackdown in China. Hashrates Return
Read More
The cryptocurrency market is in high spirits on Oct. 29 after bulls managed to lift the price of Bitcoin (BTC) back near the $63,000 support zone and Ether (ETH) has established a new all-time high at $4,460. ETH/USDT 4-hour chart. Source: TradingViewHere's what anlaysts are saying about the market now that
Read More
This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here.Ethereum’s native asset was once discredited by bitcoiners and investors alike for its lack of hard monetary policy and ever-inflationary “tokenomics.” However, the combination of
Read More
Once again, the difficulty bomb does not set the Merge’s date in stone. Beacon Chain developers and the client teams use the difficulty bomb to keep them on track. If they have to delay the bomb again it will eat at time they could be spending on the transition to
Read More
Unfortunately, getting rid of miners does not get rid of MEV, and users of the proof-of-stake network will still be subject to the whims of transaction ordering by those looking to extract value from liquidations, frontrunning and arbitrage. Eth1 clients will still be responsible for the creation of blocks, much
Read More
Ether (ETH) price is lagging Bitcoin's (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still outperformed BTC by 274% in 2021. However, traders tend to be short-sighted and some will question whether the Ethereum network can successfully migrate to proof of stake
Read More
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from
Read More
Traders’ recent preference for Ethereum competitors contrasts with the situation earlier this year, when the dominant network’s fast growth riveted investors, and ETH staged a rapid rally. Its market share has risen rapidly and now accounts for 26% of investment products, compared with 11% in January, said James Butterfill, an
Read More
With North Korea, though, while you may never know what you will get, it will always be unexpected. The trip had been months in the making, the sum of much anxiety, excitement, effort and cost – and a cold Air Koryo chicken sandwich famous for its terribleness to cap it
Read More