Ethereum

New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing growth rate of 1.53 million new addresses per month, but competition is becoming increasingly fierce for market share. Blockchain intelligence firm IntoTheBlock shared its findings about Ethereum in a Feb. 15 tweet. #Ethereum users growth in a nutshell A good way to track the adoption is by following the number of addresses with a balance – There… Source link

Bitcoin price action begins a move that will confirm a new bull market. Ethereum price rises above key Volume Profile and Ichimoku resistance. XRP price achieves bullish Ichimoku breakout conditions. Bitcoin price sees bulls swallow up the entire trading range of the past eight days. Ethereum price hits $3,000 and extends the intraday bull rally above $3,100. XRP price prepares for launch to hit $1.00. Bitcoin price readies for spike towards $50,000 Bitcoin price… Source link

With all of the talk about crypto and NFTs, you probably get that not all cryptocurrencies are created equal. But, what makes a cryptocurrency different? There are actually different standards for coins that do different things on the same blockchain. In the case of Ethereum, the blockchain that most decentralized applications and cryptocurrency projects are built on, these different standards are called “ERCs.” But, what is an Ethereum ERC, and why does it matter? What Are… Source link

What happened Today, the three top cryptocurrencies by market capitalization (excluding stablecoins), Ethereum (CRYPTO:ETH), Bitcoin (CRYPTO:BTC) and Binance Coin (CRYPTO:BNB), are seeing a nice rebound alongside risk equities. As of 11:20 a.m. ET, these tokens have surged 6.2%, 3.5%, and 6.7%, respectively, over the past 24 hours. This recovery in crypto markets appears to mainly be shaped by relief over recent geopolitical concerns coming out… Source link

Following four consecutive sessions of declines, bitcoin rallied late on Monday, into Tuesday, as it was reported that Russia was withdrawing some troops from the Ukrainian border. Overall, crypto markets are up close to 5% on the day. Bitcoin BTC finally rebounded during Tuesday’s session, as bulls once again re-entered the race to $45,000. Following a low of $41,928.19 yesterday, BTC/USD rose to an intraday high of $44,331.96 on Tuesday, with many now expecting further short-term… Source link

The Ethereum (CRYPTO:ETH) cryptocurrency carries a total market value of $348 billion today. That’s more than 18% of the total cryptocurrency market, which clocked in at $1.89 trillion at 2 p.m. ET on Monday afternoon. Will the second-largest cryptocurrency’s market cap reach the $1 trillion benchmark in the next three years? Let’s take a look. How big would that move need to be? You could consider a theoretical move from Ether’s all-time high on Nov…. Source link

Ethereum has broken free of its shackles below $3,000 following a healthy move to the upside during the early hours of Tuesday. All global markets were handed a major boost as Russia said it was beginning to withdraw some troops from the Ukranian border, quelling fears of an invasion. The S&P500 futures are printing an increase of 2.11% but those are amateurish numbers in comparison to Ethereum, which is now 9.61% up from Monday’s low of $2,832. From a technical… Source link

For well over a century, the stock market has been a money machine. Though it might not outpace bonds or gold every year, the average annual return of the broader market is substantially higher than bonds and all other commodities over the very long term. But over the past couple of years, cryptocurrencies have lapped the stock market many times over. In just the past 23 months, since hitting its pandemic low, the aggregate value of the crypto market… Source link

Over the last few years, Ethereum, the second-biggest blockchain platform, rapidly gained popularity as the network of choice for most non-fungible tokens (NFTs) and decentralised finance (DeFi) projects. Its native token ether climbed to the second spot in terms of market cap globally, over 100 unique DeFi projects started development on its original smart contracts blockchain, and most NFT marketplaces used it to build their infrastructure. But it has also been facing issues such as slow… Source link

New Delhi: After a sharp selloff in the last couple of days, the cryptocurrency market found some buyers near major support levels. However, traders are still on tenterhooks over Russia and Ukraine crisis. All of the top digital tokens were trading higher in early trade on Tuesday, led by NFTs and DeFi tokens. Solana and Avalanche rose 11 per cent each. The global crypto market cap jumped as much as 5 per cent to hit the $1.95 trillion mark. Furthermore, the total crypto market volume… Source link