Ethereum

  Bitcoin, which has been on the market capitalization charts from the beginning of the crypto revolution, has so far been the clear consensus pick. Although in recent times, the Bitcoin blockchain has begun to show its obsolescence. It has a lot of real-world problems, one of the major issues being its inability to scale. A variety of competing blockchain implementations have cropped up to ease some of the underlying faults related with Bitcoin’s blockchain in the war for… Source link

ConsenSys CEO and Ethereum co-founder Joe Lubin is still confident that the next era of Ethereum will arrive within the next few months.  In an interview with Decrypt last December in Miami, Lubin predicted Ethereum 2.0 would come “by Q2 or possibly slipping into Q3” of this year. Last week, during a fireside chat at the Camp Ethereal crypto event in Wyoming, Lubin stuck with that predicted timing.  “The merge is happening, surprisingly, on that same timeframe,” said Lubin. “So my… Source link

Ether (ETH) investors are having a rough time in 2022, with ETH accumulating 25% losses year-to-date as of March 17. Still, the cryptocurrency has bounced multiple times near $2,500 over the past couple of months, signaling a solid support level. Ether/USD price at FTX. Source: TradingView On March 15, Ethereum developer Tim Beiko announced that the Kiln testnet — formerly Ethereum 2.0 — successfully passed the Ethereum “Merge.” The process involves taking Ethereum’s Execution Layer… Source link

Welcome to Newsweek‘s cryptocurrency news: in this daily update we will be looking at the movement and outlook for major cryptocurrencies, including Bitcoin, with a technical analysis. Meanwhile, the Newsweek Cryptocurrency Index has data on 11 currencies, with individual strength comparisons. Bitcoin (BTC/USD) Analysis Key Highlights BTC has gained more than $1,000 after the Fed’s Monetary Policy decision. The central bank hiked rates by 25 basis points, as expected. The hopes of a Russia and… Source link

The project to create a faster, cheaper and more scalable version of Ethereum hit an important milestone this week, marking the beginning of the end of a long-delayed and increasingly necessary project to build a better blockchain. The Ethereum 2.0 project will boost the transactions per second (TPS) capability of the top blockchain for both centralized and decentralized finance, or DeFI, projects — as well as gaming, non-fungible tokens (NFTs), metaverses and pretty much everything else… Source link

What happened The broader cryptocurrency market is surging in today’s trading. Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) were up 3.6%, 4.7%, and 1.8%, respectively, over the previous 24-hour period as of 12:30 p.m. ET Wednesday. Reports that some progress is being made on peace talks between Russia and Ukraine appear to powering a rebound in bullish momentum today. It’s also possible that investors are anticipating a… Source link

Ethereum’s native token Ether (ETH) could reach back to $3,000 in March, backed by a mix of short-term technical, fundamental, and on-chain catalysts. ETH price paints “symmetrical triangle” The first interim bullish outlook for Ether ironically comes from a bearish continuation pattern Notably, ETH’s 50%-plus decline from its all-time high of around $4,650 on Dec. 2, 2021, followed up with forming a consolidation channel called a symmetrical triangle. Hence, the Ethereum token has been… Source link

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Ethereum Classic (CRYPTO: ETC) was trading flat on Tuesday, in line with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were muted as the cryptocurrency market appeared to await the release of the Federal Reserve’s monthly minutes on Wednesday at 2:00 p.m. The central bank is widely expected to raise the interest rate by 25 basis points, in an effort to combat soaring inflation, but if the fed decides to hike rates higher or leave the interest rate at zero, the… Source link

ConsenSys has raised $450 million in a funding round backed by the likes of Microsoft, SoftBank and Temasek. The investment more than doubles ConsenSys’ valuation to $7 billion. Tech giants from Microsoft to Twitter are becoming increasingly interested in Web3, a movement that calls for a more decentralized internet based on the blockchain. Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7… Source link