Ethereum

Derivatives data shows that Ether (ETH) traders are feeling less bullish when compared to Bitcoin (BTC). Even though the altcoin captured a nearly 200% gain in the first half of 2021 versus Bitcoin’s modest 22% price increase, traders seem to be more affected by Ether’s recent underperformance. Institutional flow also backs the decreased optimism seen in Ether derivatives, as ETH investment vehicles suffered record outflows this past week while Bitcoin flows began to stabilize. According to Source link

There is no shortage of cryptocurrencies for investors to trade, with roughly a couple thousand circulating in the market. Investors can add one more name to the list, now that ETL, the native token on the new decentralized EtherLite blockchain, is poised for public trading. EtherLite uses the coveted proof-of-stake (PoS) consensus model as it seeks to pick off where its much larger peer, Ethereum, leaves off. In fact, EtherLite is a hard fork of Ethereum, representing a major change in the… Source link

“The Hash” tackles today’s hot topics: The Bank of Russia has reportedly named 12 banks, including Russia’s largest credit organizations, to pilot the digital ruble, Subway passengers in Beijing can now use the digital yuan to pay their fares, Spain is considering a national digital currency alternative to the Euro, the USDC stablecoin may soon expand to 10 more blockchains, NYDIG and partners announce a bitcoin ad blitz in mainstream media, and U.S. Congressman Bill Foster, who co-chairs a… Source link

Ethereum has shot up in value in recent months and this has seen more investors scramble to buy ETH. The growth of the second-largest cryptocurrency has been attributed to the soaring popularity of decentralized finance (DeFi) and non-fungible tokens (NFTs). At press time, Ethereum is trading at $2,013 and is up by 8.33% in the last 24 hours according to CoinMarketCap. This article explores Ethereum and whether or not it’s a good time for investors to buy ETH. Ethereum: Birthplace of… Source link

Ethereum transaction fees have dropped to their lowest since December because blockchain activity has cooled while use of Ethereum layer 2 solution protocols such as Polygon (MATIC) has heated, according to blockchain data and analysts. As of June 27, the average transaction fee on the Ethereum blockchain was $4.42, according to data from Coin Metrics. That’s down from fee levels above $60 as recently as mid-May. Gas refers to the computational efforts required to execute specific… Source link

What is your first thought when you hear the word “cryptocurrency”? We bet Bitcoin immediately pops up. But with the rapid success of this cryptocurrency, many other cryptocurrencies, called altcoins, began to appear on the market. One of the most outstanding altcoins today is Ethereum. With a full-fledged launch in 2016 today this cryptocurrency ranks second in the world. Its capitalization in 2021 is $30.5 billion, which is six times more than that of Bitcoin. Despite the fact that… Source link

BackyardProduction / iStock.com Cryptocurrencies have skyrocketed in popularity recently and this trend shows no signs of slowing. Given all the talk around these digital assets, you might be wondering whether now is the time to invest. But before pulling the trigger, it’s always a good idea to have an understanding of the underlying asset. Cryptocurrency is no exception and it is quite different than investing in stocks or bonds. Find Out: Where Does Cryptocurrency Come From?Binance Coin… Source link

Ether (ETH) prices reclaimed $2,000 on Monday, increasing expectations that the latest rebound would serve as a cue for further upside moves based on bullish fundamental and technical outlooks. The world’s second-largest cryptocurrency by market capitalization surged up to 4.96% to $2,083 ahead of the London opening bell. Its gains appeared as a part of an overall upside correction that started late Saturday. At that time, bids for ETH/USD had fallen to as low as $1,717.41. On Sunday, the… Source link

Ethereum gas fees have fallen to their lowest in 2021. With average transactions now costing less than one dollar The recent decline in the crypto market has seen ethereum transactions fall back down to cost-effective levels once again. Sunday saw the average transaction fee needed was just five gwei, or $0.15. Following a surge in price for ethereum, the price hit an all-time high of $4,372 on May 12. Gas fees had begun to surge as ethereum’s price began to tick higher and higher. Gas fees in… Source link

In this article, we will take a look at the price movement for Ethereum (ETH) in the 2015-2018 bullish cycle and compare it to the current one. While both upward movements have continued for a similar amount of time, the 2020 movement had a much smaller magnitude than the movement preceding it. First bullish cycle The first upward movement for ETH began on Oct. 2015. At the time, the token was trading at a low of only $0.42. The upward movement continued for 812 days, leading to a then all-time… Source link