Ethereum

Ethereum (CRYPTO:ETH) has had an outstanding year so far, but as new investors start to explore the sometimes strange and confusing world of cryptocurrency, there’s potential for missteps. One such plausible mistake is buying Ethereum Classic (CRYPTO:ETC) when attempting to buy standard Ethereum. No, it’s not “cheaper” Ethereum — the once-unified coins have very different levels of support and roadmaps ahead. Here’s what you need to know. Image… Source link

Cryptoculture Cryptocurrencies are best understood by examining the community structure and cultural values they exhibit, rather than the economic activity they create. Cryptocurrencies are really “cryptocultures” and these cultures are many, a plurality. I define a cryptoculture as an open source community with its own micro-economy. Each culture embeds its values into their blockchain. It’s a sociotechnical arrangement: The values and technology are mixed up with one another. Dr. Paul… Source link

Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether (ETH) as the network’s August 4 London hard fork approaches. Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held in cryptocurrency exchanges’ reserves has hit new daily lows since the start of July. Ethereum all exchange reserves. Source: CryptoQuant To determine if this is a bullish or bearish development for the top altcoin,… Source link

Text size Sen. Pat Toomey leaves the Senate chamber during a recess in the Senate impeachment trial of U.S. President Donald Trump in Washington, D.C. Drew Angerer/Getty Images Sen. Pat Toomey, who recently pushed for less-burdensome cryptocurrency regulations, has disclosed investments in Bitcoin and Ethereum. The… Source link

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The prices of leading cryptocurrencies like bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) routinely move 10% or more peak to trough in a given week. For investors, this level of volatility can be stressful and frustrating. However, if you believe in crypto’s long-term thesis, volatility can work in your favor. Exchanges like Nexo, BlockFi, Gemini, and Coinbase (NASDAQ:COIN) pay attractive interest rates on bitcoin, Ethereum, stablecoins, and other… Source link

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This week, we continue the conversation about Ethereum miners and how they’re preparing for changes to the reward dynamics of the network. Also, we take a look at what other asset types are popularly used on decentralized finance (DeFi) applications beyond ether (ETH).  Welcome to another edition of Valid Points. This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points… Source link

This year’s 500% accumulated gain took Ether’s (ETH) price to a $4,380 all-time high on May 12, and this rally was even more robust than the late-2017 move. The famous bull market, or bubble, depending on how you see it, took Ether’s price on a 390% rally from $290 in November 2017 to $1,420 in mid-January 2018.  Maybe this year’s mega rally was a DeFi and NFT bubble that will take another two years to reclaim its peak, but it seems premature to make a prediction now. However, some analysts,… Source link

The ethereum network runs the ether cryptocurrency. Photo by Yuriko Nakao/Getty Images) The hotly anticipated London upgrade to the ethereum network, which will change how fees work and start to destroy ether coins, is on track to launch on August 4, developers have said. Named the “London hard fork”, the upgrade has already started to be rolled out on test versions of the ethereum blockchain. But ethereum developer Tim Beiko confirmed on Wednesday that the upgrade was ready and should… Source link