Ethereum

Although the stock market has historically been one of the world’s greatest wealth creators, many well-known cryptocurrencies have run circles around the broad-market indexes in recent years. This includes the “Big Two” of the crypto community, Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH). Over the trailing five-year period, through Jan. 16, the benchmark S&P 500 was higher by 105%. By comparison, Bitcoin and Ethereum had rocketed to respective… Source link

It is not uncommon to see people ask about the use case of Ethereum. Everyone wants to know what they can do with the crypto before delving into it. If that is also one of the questions in your mind about Ethereum, you are welcome to read this post for the answer you seek. Ethereum is a blockchain platform that allows anyone and everyone to build decentralized applications on it. And that is one unique feature of the blockchain. The Ethereum platform is fueled by Ether, which… Source link

The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the U.S. Federal Reserve that interest rates will remain near 0% for the time being.  After the Fed announcement from, prices across the cryptocurrency market began to rise with Bitcoin (BTC) up 4.11% and making a strong push for $39,000. This sparked a wave of momentum that helped to lift a majority of tokens in the market,… Source link

Source: Adobe/PixieMe   With inflation well above 2% and a strong labor market, the US Federal Reserve (Fed) said it expects it will soon be appropriate to raise the target range for the federal funds rate. The Fed also decided to continue to reduce the monthly pace of its net asset purchases, bringing them to an end in early March. (This article is being constantly updated.) Notably, the new statement omitted some key details that… Source link

As we move closer to the Merge (fingers crossed for early this summer) and Eth 2 and Ethereum become synonymous, we at CoinDesk will also begin to step back from using Eth 2 without additional context. Instead, we will follow the Ethereum Foundation’s lead in referring to it primarily as the consensus layer. Source link

Stop the presses! The Ethereum (CRYPTO:ETH) cryptocurrency’s highly anticipated platform upgrade is no longer known as Ethereum 2.0! All right, you can take a deep breath now. The technology updates are still happening, and Ethereum will soon lose the stigma of being slow and expensive to maintain and use. It’s just that the Ethereum 2.0 rebranding effort has ended. Image source: Getty Images. What’s in a name? The developers of the Ethereum… Source link

The Ethereum Foundation has removed all references to Eth1 and Eth2 in favor of calling the original blockchain the “execution layer” and the upgraded Proof of Stake chain the “consensus layer.” Ethereum’s long-awaited transition from a Proof-of-work mining model to a Proof-of-Stake (PoS) consensus mechanism is expected to go live around in the second or third quarter of this year. Announcing the change the foundation cited a number of rationales including a “broken mental model… Source link

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What happened A crypto crash that began Friday afternoon continued over the weekend and picked up the pace on Monday morning. It didn’t help that the stock market was down big with growth stocks taking another step lower.  As of 11 a.m. ET, Bitcoin (CRYPTO:BTC) was down 1.8% in the last 24 hours, Ethereum (CRYPTO:ETH) was down 5.9%, Dogecoin (CRYPTO:DOGE) was down 1.4%, and Solana (CRYPTO:SOL) had fallen 9.9%.  What’s crazy to look at is the day’s… Source link

Several cryptocurrencies are emerging to take on the king of the hill, Bitcoin. Ethereum‘s (CRYPTO:ETH) trading price rose 408% in 2021. Investors like Ethereum as a viable competitor to Bitcoin because of its faster transaction speeds and its large ecosystem of decentralized applications (dApps), which are programs that run on blockchains.  But there is another up-and-coming crypto starting to show promise. NEAR Protocol (CRYPTO:NEAR) rose 984%… Source link