One Ethereum competitor has risen nearly 100% in the last week alone, breaking the $8 billion market cap mark and threatening to enter the top 20 crypto assets by market cap. Near Protocol (NEAR) is a smart contract capable decentralized application (DApp) platform that strives to compete with Ethereum (ETH) or Polkdadot (DOT). NEAR, the project’s native token, recently rallied to an all-time high at $16.39 after trading at $8.40 less than five days prior for a gain of 95%. NEAR… Source link
Read More »Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month – Bitcoin News
Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From $62 to $23 per Transaction, Ethereum Fees Have Been Cut by More Than 62% Just over a month ago, it was a lot more expensive to transfer ethereum (ETH) onchain, let alone move an ERC20 token, swap… Source link
Read More »If You Bought $1,000 of Ethereum in Early 2021, Here’s How Much You’d Have Now
Ethereum (CRYPTO:ETH) didn’t generate the knock-your-socks-off returns that some cryptocurrencies did this year. Other digital coins, especially Shiba Inu, absolutely exploded. But make no mistake about it: Ethereum was still a big winner. If you bought $1,000 of the cryptocurrency in early 2021, here’s how much you’d have now. Image source: Getty Images. Crunching the numbers Ethereum opened on Jan. 1, 2021 at a price of $737.31. An initial… Source link
Read More »ETH Price Prediction for 2022
2021 has been a stunning year for Ethereum. On the 31st of December 2020, ETH/USD was trading in the low $700 area. As the end of December 2021 approaches, ETH is trading to the north of $4000 per token. That amounts to on-the-year gains of well over 300%. That compares to a year-to-date return for BTC/USD of only around 80% at the time of writing. ETH/BTC subsequently rose substantially in 2021 from under 0.03 to current levels close to yearly highs around 0.08. As of Friday morning,… Source link
Read More »Uniswap goes live on Ethereum scaling network Polygon
advertisement Decentralized exchange protocol Uniswap has gone live on Polygon, an Ethereum-focused scaling platform. Last month, Polygon co-founder Mihailo Bjelic submitted a proposal on the Uniswap governance portal to deploy Uniswap v3 on Polygon. The Uniswap community then voted to accept the proposal last week. More than 72 million Uniswap (UNI) token holders supported the move, and as a result, Uniswap is now live on Polygon. In other words, Uniswap users can now swap tokens using… Source link
Read More »Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows
Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks. New data currently circulating shows that for all the growth in the industry surrounding Bitcoin, it still pays simply to buy and hold. Stocks fail to compete with BTC, ETH Looking at the stock performance of firms with the largest BTC allocations on their balance sheets, it becomes immediately apparent that it was more profitable to hold BTC than those equities — at least this… Source link
Read More »This Crypto Will Be the Ethereum of 2022
Ethereum (CRYPTO:ETH) has been one of the strongest investments of 2021, its price soaring by more than 437% since the beginning of the year. It’s also one of the priciest cryptocurrencies, however, priced at just under $4,000 per token. As Ethereum continues to grow, it will only become more expensive. If you’re looking for a more affordable investment that has similar growth potential, there’s another cryptocurrency to consider: Solana (
Read More »Why Ethereum Popped 4.9% Today
What happened There was more excitement in the world of Ethereum (CRYPTO:ETH) today as a long-awaited upgrade moved a little closer. The value of Ethereum jumped as much as 4.9% in the last 24 hours and as of 3:10 p.m. ET the cryptocurrency was up 3.2% and hovering over the $4,000 mark. So what Ethereum opened the Kintsugi testnet to the public on Monday and that has made investors more bullish on this cryptocurrency. Kintsugi is the testnet… Source link
Read More »Ethereum in 5 Figures: Is it a Buy?
A lot of investors have warmed up to cryptocurrencies this year, and Ethereum (CRYPTO:ETH) has been a popular choice. It pioneered smart contracts, and its evolving blockchain tech is just getting started. Are you new to Ethereum and see it as a way to diversify your stock-heavy portfolio? Are you a seasoned vet of the crypto market, battle tested by the volatility, who accepts the ups and downs in the pursuit of market-thumping returns? No matter… Source link
Read More »Polkadot’s Launch Could Begin DeFi Reinvention
Ethereum Co-founder Gavin Wood’s attempt to knock his creation off its pedestal as the blockchain on which almost all DeFi, non-fungible tokens (NFTs) and many other decentralized applications run launched this weekend. Five Polkadot “parachains” went live on Saturday (Dec. 18), the first of 100 that will call the “blockchain of blockchains” home. Parachains are essentially full blockchains with a couple of differences: They can talk to each other, and they are far faster and… Source link
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