Ethereum

Some ENS buyers treat the names as investments, purchasing popular and common names and selling them for a profit, research firm Delphi Digital said in a note this week. Last week, “000.eth” was sold for a record 300 ether, fueling interest in three-digit ENS names as “traders tried to capitalize on the hype,” Delphi Digital added. Source link

After weeks of being in the red, Bitcoin and Ethereum are climbing. Bitcoin, the world’s top cryptocurrency by market cap, is $21,663, up roughly 10% in the past week and is up 6% on Thursday alone, per CoinMarketCap data. Similarly, Ethereum has also seen notable gains, up to $1,238 or 7% Thursday and 19% over the past seven-day period. The rest of the cryptocurrency market appears to be following suit, with Solana up 4%, Polkadot up 5%, Cardano up about 3%, and Dogecoin up 3.% in the… Source link

The price of Ethereum (ETH) has continued to trade upwards over the past several days, following a dramatic reversal from the previous low near $1,000 during the last seven days. Wednesday saw the ETH/USD pair surge to the $1,175 barrier level, recording a clear higher high. As of this writing on Thursday, ETH was trading at $1,218 — an increase of 10.6 percent over the previous week, according to data from Coingecko. The announcement that Ethereum developers successfully executed The… Source link

Image source: Getty Images The Ethereum Merge from proof-of-work (PoW) to proof-of-stake (PoS) cleared another testnet hurdle and appears on track to go live later this year. Key points Ethereum programmers have successfully completed deploying upgrades to the second of three public test… Source link

Ethereum 2.0 stakers are feeling the full weight of the ongoing bear market, with the vast majority of them now being “firmly underwater” on their positions, according to a new report from blockchain analytics firm Glassnode. With the second-largest cryptocurrency hitting an all-time high of $4,891 in November last year, the total dollar value of staked Ethereum back then reached an impressive $39.7 billion. However, as the prolonged crypto rout brought Ethereum to the current levels of… Source link

A popular analyst is diagnosing the state of four leading crypto assets as the markets approach the weekend on cautious footing. Pseudonymous crypto analyst Altcoin Sherpa tells his 180,000 Twitter followers that if Bitcoin (BTC) can recapture the $20,300 area, then he’ll be eyeing $21,600 as the next leg up. “Still need to see a reclaim of this $20,300 region before any further upside [in my opinion]. $21,600 would be the next target.” Source: Altcoin Sherpa/Twitter Source link

In brief Ethereum testnet Sepolia today moved over to proof of stake. Just one more testnet remains before the entire network completes the Merge. The Merge, a long-awaited update to the network, is expected to happen this year. Ethereum is one step closer to “The Merge”—its long-awaited move to a proof-of-stake blockchain. Today, another one of its testnets, Sepolia, executed its own merge and made the switch to proof of stake.  A testnet, short for test network, allows those using a… Source link

Under proof-of-work, Ethereum has two major stakeholders on the transaction side: users and miners. There are, of course, several other key groups such as core developers, exchanges and wallets, but without users and miners, there would be no network. Source link

Under proof-of-work, Ethereum has two major stakeholders on the transaction side: users and miners. There are, of course, several other key groups such as core developers, exchanges and wallets, but without users and miners, there would be no network. Source link

Ethereum (ETH) climbed about 10 percent in the past 24 hours to $1,155, after coming close to falling back under $1,000. The world’s second-biggest cryptocurrency has experienced a robust comeback in a short span of time, with buying activity over the U.S. market holiday bolstering prices. But, can ETH sustain this rally? Or, will it be for the time being. This year, concerns about a U.S. economic slump and a slew of crypto bankruptcy have harmed the altcoin. In the previous 24 hours,… Source link