Ethereum

It’s been a complicated week for bitcoin‘s adoption story. In particular, Michael Saylor and Elon Musk gave more momentum to the idea that bitcoin can be used in commerce: Musk signaled potential for Tesla’s return to accepting bitcoin payments, and Saylor called the Bitcoin network a rail system for the global dollar.  The best bellwether for bitcoin’s use in commerce is the Lightning Network. Briefly, Lightning is a commerce-friendly service that sits on top of Bitcoin. It allows… Source link

Ether (ETH) price outperformed Bitcoin (BTC) by 173% from March 28 to May 15. The incredible bull caused the token to reach a $4,380 all-time high. However, as cryptocurrency markets initiated a sharp drop on May 12, the trend started to reverse, and since then, Ether has underperformed by 25%. Some might say it is a technical adjustment after a strong rally. While this partially explains the move, it excludes some critical factors, including the fast advance of smart-contract network… Source link

At block number 10,499,401, which is expected to be mined next Thursday, the Ethereum test network Ropsten will undergo a backward-incompatible upgrade dubbed “London.”  This is the first of three test network releases for London in the lead-up to a main network activation tentatively scheduled by Ethereum developers for mid-July. Included in London are five code changes, also called “Ethereum Improvement Proposals” (EIPs). In a blog post released Friday, Ethereum Foundation’s Tim… Source link

Bitcon and ethereum prices were down 4% on Friday. Photo: Yuriko Nakao/Getty Images The cryptocurrency market saw a minor sell-off on Friday morning, with bitcoin (BTC-USD) and ethereum (ETH-USD), the world’s first and second largest coins, down around 4%. Bitcoin, which is currently trading at $37,866 (£27,259), reached a level of $41,330 on 15 June, a key $41,250 resistance area, however, it has been ever decreasing since. This week it has been knocked by an announcement from the US… Source link

Bitcon and ethereum prices were down 4% on Friday. Photo: Yuriko Nakao/Getty Images The cryptocurrency market saw a minor sell-off on Friday morning, with bitcoin (BTC-USD) and ethereum (ETH-USD), the world’s first and second largest coins, down around 4%. Bitcoin, which is currently trading at $37,866 (£27,259), reached a level of $41,330 on 15 June, a key $41,250 resistance area, however, it has been ever decreasing since. This week it has been knocked by an announcement from the US… Source link

NEW DELHI: Major cryptocurrencies traded lower on Friday as the US regulator delayed the approval of Bitcoin ETFs. This has dented the sentiments of crypto investors. However, digital tokens, pegged with dollars, showed signs of resilience. Majority of the top 10 digital tokens were trading with cuts at 9.30 hours IST. The Securities and Exchange Commission (SEC) said in a regulatory filing that it will seek public comments on a proposal to list Bitcoin ETFs on Cboe Global Markets Inc…. Source link

TipRanks 3 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Inflations fears are rising, along with the price of gasoline and lumber and milk – and, oddly, the unemployment rate. The initial unemployment claims ticked up last week, even as the number of job openings reached a record high level. Between the COVID relief bill, the infrastructure proposal, and a jobs act, the Biden Administration’s spending plans are totaling $6 trillion. And with economic activity reopening after the… Source link

Retail investors and traders are not alone among the decentralized finance (DeFi) users flocking to Polygon, which is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, known as a “layer 2” network. An increasing number of institutions and large investors are also joining the Polygon throng, according to blockchain data. At the beginning of June, about 65% of daily stablecoin transaction volume on Polygon came from transactions with values… Source link

For years, cryptocurrency upstarts have been searching for a so-called Ethereum (CCC:ETH-USD) killer. Among the most promising candidates is Polkadot (CCC:DOT-USD) as Polkadot was designed to upgrade Ethereum and to overcome its drawbacks. I’m not promising that this, or any other cryptocurrency, will actually “kill” Ethereum. Nor am I bearish on Ethereum in particular. Besides, the two cryptocurrencies will always have a connection. Specifically, Polkadot was launched in May of 2020 by Gavin… Source link

Bitcoin’s price rally has stalled after a blistering start to the year with ethereum, the second-largest cryptocurrency after bitcoin, also falling sharply from its peak. The bitcoin price has lost a third of its value since soaring to almost $65,000 per bitcoin in April while the ethereum price has crashed by almost 50% from its mid-May high—though ethereum’s rally has dwarfed the bitcoin price surge over the last 12 months. As Wall Street giants and retail investors flood the crypto… Source link