Eth 2.0 is looking at its first hard fork this year. The Ethereum Foundation-backed research team is currently organizing schematics for a  mid-2021 backward-incompatible change to the Beacon Chain, according to a Jan. 14 developer’s call. This hard fork is really not a hard fork in the traditional sense, Teku client project manager Ben Edgington pointed out. Rather, it’s a warmup before sharding and a merge of the Eth 1.x and Beacon Chain.  “The word ‘fork’ is heavily overloaded in… Source link

Monero succumbed to yet another support level as the price moved below $134.4. Aave retraced from record levels, but the market still belonged to the bulls and the price could surge to fresher highs over the next few trading sessions. Finally, ENJ showed signs of a bearish pullback and a southbound move could see the price test the $0.375-support level. Monero [XMR] Source: XMR/USD, TradingView After dropping below the $152.7-mark, Monero fell below several support levels and was unable to… Source link

Cables inside a draw housing graphics processing units (GPU) used to mine the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2021. The world’s second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg Marko Vulicevic, just 19 years old,… Source link

Ethereum Ethereum rallied by 3.79% on Tuesday. Partially reversing a 5.46% slide from Monday, Ethereum ended the day at $1,367.98. A bullish start to the day saw Ethereum rally to an early morning intraday high $1,378.12 before hitting reverse. Falling short of the first major resistance level at $1,432, Ethereum fell to an early afternoon intraday low $1,245.00. Finding support at the first major support level at $1,249, Ethereum struck a late high $1,375.28 before easing back. At the time of… Source link

Ethereum’s realized capitalization has increased by nearly 50% in January so far to tag new all-time highs above $70 billion, according to CoinMetrics. The data shows that Ethereum’s realized cap has more than tripled since dropping below $25 billion in during March 2020’s “Black Thursday” crash.. Ethereum’s realized cap: CoinMetrics The realized capitalization metric calculates the value of a crypto asset’s supply according to when each unit last moved on-chain. The indicator… Source link

For many investors, the terms crypto and blockchain have become part of everyday life and conversation and are almost interchangeable with Bitcoin (BTC). Since it jumped onto the scene in 2009, Bitcoin has become an overnight sensation despite the inherent volatility. While other types of cryptocurrencies have come and gone, Bitcoin or BTC has grown and grown and is now worth thousands of dollars per coin. Even as other types of stocks and bonds seem to depreciate as the market… Source link

Bitcoin has been in a $30,000-$35,000 range for almost a week at a time when some market participants are seeking out ether and other crypto to trade during the perceived doldrums. Bitcoin (BTC) trading around $32,003 as of 21:00 UTC (4 p.m. ET). Slipping 4% over the previous 24 hours. Bitcoin’s 24-hour range: $30,875- $32,967 (CoinDesk 20) BTC above the 10-hour but below the 50-hour moving averages on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Bitstamp… Source link

Over the last few weeks, the price of bitcoin has hit a record high of more than $41,000, blowing past the 2017 bubble high point of $19,783. The price has since declined relatively rapidly, and questions have arisen about what’s next for this latest bubble. This presents an opportune moment to analyze why these bubbles form and what they mean for the future of bitcoin. Price volatility causes market uncertainty and is often viewed as detrimental. However, for bitcoin, the price volatility… Source link

Bitcoin’s price dropped as much as 10% during early trading hours on Tuesday as bitcoin miners started selling a large amount of the cryptocurrency for the first time since October. There is not enough demand to absorb the additional coins on the market because institutions want an idea of how the new Biden Administration will view bitcoin and other cryptocurrencies. At the press time, bitcoin was trading at $32,254.59, down 3.04% in the past 24 hours, according to CoinDesk’s BPI. The… Source link

Anyone who has used Ethereum in 2020 knows the frustration of paying for gas, the measure that represents a transaction’s computational weight. With gas prices sometimes rising up to 100 to 200 gwei, a unit equal to one billionth of an Ether (ETH), many users are finding themselves priced out of the action. While only a wide adoption of layer-two scaling solutions and the arrival of sharding can truly fix the situation, a few tricks can still help save some money when using the blockchain…. Source link