Ethereum

I spent Saturday night along with thousands of other crypto fans trying to buy nonfungible tokens, or NFTs — a cryptocurrency that has a unique set of digital properties attached to it. In this case, we were all desperate to get our hands on a digital ape. These are not typical apes. In fact, each of the unique 10,000 ape NFTs has a different set of traits — fur color, headwear, eyewear and even teeth properties. Degenerate Ape NFTs I was trying to “mint” one for the price of 6 SOL… Source link

Sean Gallup: Getty Images Microsoft is looking to use the ethereum blockchain to combat digital piracy, according to a recent white paper published by the firm. The company is exploring a new system named Argus, which it dubbed as the “first public anti-piracy system.” Across 11 pages, Microsoft laid out the design, implementation, and evaluation of the new system. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Software giant Microsoft is looking to use the… Source link

Ethereum is enjoying the favorable tailwind that is going on in cryptocurrencies.  Buyers are very much in control, and one technical element is driving the price up.  Sellers will look for buyers that are taking profit to take over the price action. Ethereum is currently busy reclaiming the levels last seen on May 20 of this year. There might be more upside to come as long as the ascending trend line originating from August 19 stays intact. That purple trend line… Source link

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What Happened: High-speed blockchain Solana (CRYPTO: SOL) saw its native token surge by more than 41% to a new all-time high of $64.48 today. Extending a week-long rally that saw its price appreciate by more than 56%, SOL recorded a 472.48% uptick in daily trading volume, which exceeded $3.9 billion at the time of writing. The hybrid blockchain is often referred to as ‘Ethereum (CRYPTO: ETH) killer’ because of its incredibly short processing times. As one crypto trader pointed out, Solana… Source link

Attorney Jeremy Hogan has recently highlighted the ambiguity of the SEC’s stance on Ethereum as a security. Although Gary Gensler has stated that US securities laws are very clear, the status of ETH remains. CFTC Commissioner cleared up that Ethereum falls under the jurisdiction of his agency and that it is not a security.   In light of the recent developments in the United States Securities & Exchange Commission (SEC) v. Ripple Labs, attorney Jeremy Hogan brought… Source link

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Being bullish on Ether (ETH) has paid off recently because the token gained 60% in the last 30 days. The spectacular growth of decentralized finance (DeFi) applications likely fueled inflow from institutional investors, and the recent London hard fork implemented a fee burn mechanism that drastically reduced the daily net issuance. Although Ether is not yet a fully deflationary asset, the upgrade paved the way for Eth2, and the network is expected to abandon traditional mining and enter the Source link

Ethereum price is primed for a 15% climb after ETH consolidates within the price range. A slice above the upper boundary of the governing technical pattern could put $3,800 on the radar. Should Ethereum price witness its uptrend retreat, there appears to be ample support for ETH above $3,000. Ethereum price is ready for a 15% bounce as ETH continues to set higher highs and higher lows. The bulls are aiming for a rally toward $3,800 next should it be able to conquer a critical level of… Source link

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