Ethereum

Ethereum and bitcoin are the two biggest cryptocurrencies. Jordan Mansfield /Getty Images Crypto investors should hold ethereum rather than bitcoin in an era of rising interest rates, JPMorgan analysts said. Ethereum is at the heart of decentralized finance and the market for non-fungible tokens, two booming areas. Bitcoin is more akin to digital gold, which is likely to fare less well as interest rates and bond yields rise. Crypto investors should be holding ethereum… Source link

High transaction fees have been a persistent thorn in the side of investors and blockchain projects since at least 2014 when Ethereum Network co-creator Vitalik Buterin stated in reference to Bitcoin, “The ‘Internet of Money’ should not cost $0.05 per transaction. It’s kind of absurd.”  Fast forward to November 2021 and the simple act of approving a token so that it can be transacted on Uniswap can cost as much as $50 worth in Ether (ETH)  depending on the time of day. Average… Source link

Ethereum is the second-largest cryptocurrency by market capitalization rate, and as such, it is often the second blockchain-based project lawyers research after Bitcoin.  The Ethereum project is often an exciting revelation of blockchain technology’s applications, especially after becoming familiarized with the basics of what Bitcoin has to offer.  To sum things up, Bitcoin was created as a decentralized peer-to-peer cryptocurrency. It uses a… Source link

Ethereum (ETH-USD) set a new record high for yet another consecutive day on Thursday, riding at least two macro themes entrenching themselves within the cryptocurrency sector. The second largest cryptocurrency traded above $4600 before paring those gains, but has logged record highs over the past week — thanks in part to the rising popularity of non-fungible tokens (NFT) and Decentralized Finance (DeFi) projects. Over the last year, ether has outperformed bitcoin, gaining more than… Source link

Ether (ETH) bulls are probably very pleased with the 368% gains accrued so far in 2021 and it seems like not a day passes where the altcoin doesn’t hit a new all-time high.  Even with Ether on the path to $5,000, there are still plenty of concerns about the network’s capability to absorb the strong demand coming from the decentralized finance (DeFi) and non-fungible token (NFT) sector. Another potential setback laying ahead is the United States Treasury report on stablecoin regulation… Source link

Rising costs on Ethereum, the world’s largest smart-contract blockchain, appear to be driving investors to coins associated with layer 2 products facilitating faster and cheaper transactions and rival programmable blockchains. The average fee on Ethereum, known as gas, has risen by a staggering 2,300% since late June. It has more than doubled to $56 in the past two weeks alone, according to data provided by the blockchain analytics firm Glassnode, and the seven-day moving average of the… Source link

Cryptocurrency prices are surging yet again, and Ethereum (CRYPTO:ETH) recently reached an all-time high of around $4,500 per token. This record is the latest in a string of recent highs over the past few days, as Ethereum continues its upward trajectory. The latest price increase comes just days after the successful Altair upgrade to Ethereum’s network, which brings it a step closer to the much-anticipated Ethereum 2.0 release. While there are no… Source link

Ether has outperformed Bitcoin in price appreciation terms this year, even as both cryptocurrencies climbed to record highs. Fans of Ethereum are jumping on the anti-inflation narrative that has been traditionally been one of the main selling points for Bitcoiners. Ether, as the native digital currency of the Ethereum blockchain is known, saw the difference between the number of tokens issued and destroyed turn negative in the last seven days on aggregate for the first time, according to… Source link

Crypto markets have hit the ground running right from the start of November and as of Nov. 2, a near uncountable number of tokens have rallied to swing highs as Ether (ETH) broke above the $4,500 level and Bitcoin (BTC) recaptured the $64,000 level. Polkadot (DOT) also hit another all-time high as investors accumulated tokens leading into the upcoming parachain auctions. The climbing price of Ether comes following the recent Altair update to the Ethereum beacon chain as part of the protocol’s… Source link

Bullish volatility is on the rise and the newfound bullish momentum saw multiple tokens breakout to fresh all-time highs as traders scramble to identify which coin might be the next to embark on a moon mission. As the price of Bitcoin (BTC) rallied to $64,000, Ether (ETH) reached a new record high at $4,523. The move comes just days after the successful Altair upgrade to the Ethereum network, which was the first update to the Beacon chain, bringing the network closer to the full rollout of… Source link