Ethereum

What happened Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) are up 6.82%, 8.16%, and 8.36% in the past 24 hours. As of 10:30 a.m. EDT, they are now trading at $48,518.76 per coin, $3,293.94 per token, and $0.3319 apiece, respectively.  Earlier in the day, Coinbase Global (NASDAQ:COIN), the second-largest cryptocurrency exchange in the world, announced it would be adding $500 million worth of cryptocurrency to its… Source link

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What Happened: The founder and chief executive officer of one of the world’s largest independent financial advisory organizations believes that Ethereum (CRYPTO: ETH) will outperform Bitcoin (CRYPTO: BTC) for the rest of the year. deVere Group CEO Nigel Green told City AM on Wednesday that Ethereum’s recent run of good form and operability improvements has not gone unnoticed. “Ethereum is outperforming Bitcoin and it can be expected to continue this trend for the rest of 2021,” he… Source link

Key Takeaways A new Optimistic Rollup created by Enya and OMG Network has gone live on mainnet. Boba Network will be competing with the likes of Optimism and Arbitrum. Unlike other rollups, Boba Network offers fast transfers to Ethereum mainnet. Share this article Enya and OMG Network have released the mainnet beta of a new Layer 2 Optimistic Rollup called Boba Network.  Boba Network Goes Live A new Layer 2 solution created by Enya in collaboration with OMG Network has gone live on… Source link

Vitalik Buterin. John Phillips/ Getty images Vitalik Buterin has cast doubt on whether Jack Dorsey and Mark Zuckerberg’s crypto-related projects can fulfill their promise. Dorsey’s DeFi project based on bitcoin for payments company Square is functionally impractical, the co-creator of ethereum said. A “huge amount of mistrust” in Facebook could hamper its future crypto-related projects, Buterin said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ethereum… Source link

Japan’s cryptocurrency exchange, Liquid, has been hacked with a reported $74 million worth of Bitcoin, Ethereum and others being stolen. Liquid, a regulated cryptocurrency exchange in Japan, has confirmed the breach that it said had forced it to suspend deposits and withdrawals. While Liquid did not confirm the value of the currency taken, digital assets publication The Block put the estimated value of the cryptocurrency heist at $74 million. In a tweet shared on Thursday, Liquid said its… Source link

Whales moved nearly $1 billion in Ethereum (ETH) across 15 separate transactions during Tuesday and Wednesday, according to the crypto tracker Whale Alert. After pumping to more than $3,320 in price at various points over the weekend, ETH has since tumbled down to a price of $2,988 at time of writing, according to CoinGecko. The second-biggest crypto asset by market cap is now down 5.6% on the week amid a market-wide pullback that began on Tuesday after nearly three weeks of bullish… Source link

On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch users.” 1inch to Use the L2 Solution Optimistic Rollups via Optimism Gateway Ever since the Ethereum network has been dealing with transaction congestion and much… Source link

Key Takeaways Ethereum sits on top of stable support following an 87% rally. However, a particular technical indicator recently presented a sell signal. A spike in downward pressure could see ETH drop toward $2,500. Share this article Ethereum has been on a roll lately after undergoing one of the most anticipated hard forks. Although the crowd sentiment remains bullish, multiple indicators suggest that a pullback is underway.  Ethereum Shows Red Flags The second-largest cryptocurrency… Source link

What happened Cryptocurrency prices traded sharply lower Wednesday, with Bitcoin (CRYPTO:BTC) prices down 2% over the past 24 hours, according to data from Coindesk. As of 10:15 a.m. EDT, Ethereum (CRYPTO:ETH) investors are being treated to a 4.9% decline, while Dogecoin (CRYPTO:DOGE) is suffering worst of all — down 9.6%. The question is why? Image source: Getty Images. So what Today’s headlines contain a couple of notes that may be worrying