Ethereum

monsitj/iStock via Getty Images The world’s largest digital asset management firm has created an NFT weighted with rivals of Ethereum (ETH-USD). In this article, I will highlight the prospects for the projects seeking to be ‘Ethereum Killers.’ Grayscale Investments creates an ETF for Ethereum’s rivals Grayscale Investments, which is best-known for its Grayscale Bitcoin Trust (OTC:GBTC), has set up a new fund for exposure to competitors of Ethereum. The fund will include names such as… Source link

The Token House, which will include all OP token holders, will determine protocol incentives and vote on protocol upgrades. The Citizens’ House, on the other hand, will be made up of “citizens” who hold a non-transferable, or “soulbound,” NFT (non-fungible token) and are responsible for funding public goods. Source link

(Kitco News) Ethereum, the world’s second-largest cryptocurrency, is on its way to becoming “the collateral of the internet,” which is similar to Bitcoin’s path of becoming “the global digital reserve asset,” said Bloomberg Intelligence. But before returning to its record highs, Ethereum faces a risk of dropping to last summer’s lows of $1,700. “Ethereum is in a top position to lead the wave of digitalization, tokenization, DeFi, fintech and NFTs,” said Bloomberg… Source link

by Analytics Insight April 27, 2022 The Bitgert is one of the most impressive projects based on its roadmap. Bitgert (BRISE) might be the cryptocurrency that has been compared with almost all the large cryptocurrencies in the market this year. But it is the comparison with Ethereum, the second-largest cryptocurrency in the world, that shows the massive potential Bitgert has. Will Bitgert become the next Ethereum? Well, this is the question that most crypto analysts have answered in the… Source link

Ethereum started another decline from the $3,030 resistance against the US Dollar. ETH even spiked below $2,800 and currently attempting an upside correction. Ethereum started a major decline below the $2,950 and $2,860 support levels. The price is now trading below $2,950 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,910 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,800 support to start… Source link

Ethereum scalability solution Optimism revealed their governance token, called OP. This will mark the beginning of a transformation process for the Optimism ecosystem. It aims and providing users with more power with a unique governance system. Related Reading | Bitcoin Beneath Key Support Level; What’s Next? Control via two entities, the Citizens’ House and the Token House, each with its own responsibilities and the common goal of supporting a sustainable… Source link

Analyzing Ether’s (ETH) current price chart paints a bearish picture, which is largely justified by the 11% drop over the past month, but other traditional finance assets faced more extreme price corrections in the same period. The Invesco China Technology ETF (CQQ) is down 31% and the Russell 2000 declined by 8%. Ether price at FTX, in USD. Source: TradingView Currently, traders fear that losing the descending channel support at $2,850 could lead to a stronger price downturn, but this largely… Source link

Key Takeaways Lido is a popular liquid staking solution for Ethereum and other blockchains. Lido accounts for the vast majority of liquid staking derivatives in the Ethereum ecosystem. As it’s seen parabolic growth, there are growing concerns that it could impact Ethereum’s decentralization. While the concerns are warranted, Ethereum staking should become more decentralized as the network grows and more solutions like Lido enter the market. Share this article Lido is a liquid… Source link

April 26 (Reuters) – Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and even outshining the godfather, bitcoin. But the clock’s ticking. The No.2 cryptocurrency was supposed to be weeks away from the “merge”, a transformative June upgrade of its blockchain Ethereum to make it faster, cheaper and less power hungry, holding out the prospect of a meaner and cleaner crypto future. The anticipation had supported ether this year, even as inflation… Source link

Ethereum started a strong recovery from $2,800 against the US Dollar. ETH is back above $3,000 and eyes a major increase above the $3,035 resistance. Ethereum started a major recovery wave above $2,900 and $2,950. The price is now trading above $2,950 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $2,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,980 support to accelerate further… Source link