Ethereum

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The more durable critter is now thriving, but may quickly become among the most expensive pets ever: at the time of writing and roughly 16 hours since its publication, caretakers have interacted with the contract 3,300 times, spending over 13 ETH in gas fees worth over $43,000. Meanwhile, in the physical world, a cloned dog costs $50,000. Source link

Decided you want in on the action? You can buy ETH on Coinbase, Gemini, and eToro. Ethereum was invented in 2013 by Vitalik Buterin as an ambitious project that seeks to apply blockchain technology to more than just money. Through the use of smart contracts, developers can create and run elaborate systems on the Ethereum network that do much more than move currency from 1 wallet to another. In fact, entire applications have been built on the Ethereum network.  Ethereum’s… Source link

In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon where new competitors regularly join in on the race.  Bitcoin is undoubtedly the market leader when it comes to network security, active users and market capitalization value, while Ethereum has thus far established itself as the top smart contracts platform, but the continued difficulty… Source link

What happened Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) are down 9.38%, 14.56%, and 17.44% respectively in the past seven days as of 9:00 a.m. EDT. They are now trading at $46,000.54, $3,378.97, and $0.2479 per coin respectively. After a record bull recovery, cryptocurrencies are witnessing significant fatigue amid more regulatory scrutiny, internal strife, and “altcoin rotation,” which is similar to sector rotation… Source link

The below is from the latest monthly report by the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. “We need to move NFTs onto the Layer 2 ecosystem to cut fees. However, doing that *right* requires good cross-rollup portability standards, so the ecosystem can avoid getting locked into one particular L2.” – Vitalik Buterin, Creator of Ethereum Many… Source link

According to the block explorer Etherscan.io, Ethereum’s node count has plummeted in the last two weeks from well over 9,000 to under 3,000. While chain explorers can give rough estimates, this drop does correlate with the glitch in node software that caused the chain to split just two weeks ago. But why hasn’t the chain recovered these nodes yet? Learn how smart money is playing the crypto game. Subscribe to our premium newsletter – Crypto Investor. https://etherscan.io/nodetracker Two… Source link

The Palo Alto, Calif.-based team said Thursday the initiative, part of what it is calling a “full-stack ecosystem strategy,” aims to support 10,000 startups with bounties, grants and other sweeteners. It comes as competing base layers like Avalanche, Fantom and others pony up large funds to reward projects in an increasingly competitive space. Source link

A historical technical level offers ETH buyers a good entry point. Ethereum acts as a perfect buy-the-dip asset. Expect further upside for the altcoin towards $4,000. Ethereum (ETH) stayed the course of other cryptocurrencies, under pressure from Bitcoin earlier this week. But with this dip comes the opportunity for buyers to pick up Ethereum and add to the portfolio.  Buyers scratched their heads after seeing the price action in Ethereum on September 7. Not a real clean entry point… Source link

Solana has been a trending topic due to the successive weeks of price increases seen by its SOL token. At the time of writing, SOL traded at around $207, which is an 11,400% surge from less than $2 back in January. At its present worth, Solana sits among the top 10 cryptocurrencies by market capitalization with about $60 billion, claiming the sixth spot from Dogecoin (DOGE), according to Cointelegraph Markets. One of the likely catalysts of this bullish momentum is funding from investors led… Source link