Ethereum

With the popularity of cryptocurrencies reaching an all-time high in 2021, many traditional investors are beginning to flock to the space in search of the extreme volatility they scorned for so long. With the advent of the GameStop and AMC short squeezes, this volatility has been normalized and retail investors are turning to DeFi cryptocurrencies like Ethereum, Uniswap, AAVE and Polygon to get their fix for high percentage returns. Ethereum is a global computer powered by a decentralized… Source link

Gas fees or transaction costs on the Ethereum blockchain have dropped significantly over the past month. According to The Block’s Data Dashboard, the average transaction fee on Ethereum is now around $4.5 from nearly $45 a month ago — a whopping 90% decline. The average transaction fees are now at a six-month low, per the Data Dashboard. (The data is a 7-day moving average (7MDA), meaning it is the average of the last seven days and indicates a short-term trend). So why have the gas fees… Source link

On Monday morning, Kim Kardashian posted this Story to her more than 210 million Instagram followers: Kim Kardashian ad for ethereum max(Kim Kardashian) Plenty of celebrities and influencers have promoted cryptocurrency and blockchain projects over the years, including huge names like DJ Khaled and Paris Hilton. But Kim K’s post is almost certainly the biggest single piece of social-media crypto promotion ever in terms of absolute reach. And it comes on the heels of shoutouts for ethereum… Source link

Ethereum vs. Bitcoin: Which Crypto Is Better? | GOBankingRates Investing / Crypto znm / Getty Images Cryptocurrencies, also known as digital currencies, seem to be all… Source link

By Matthew Sparkes Vitalik Buterin (right), the creator of Ethereum, speaking in Seoul, South Korea, in April 2019 YONHAP/EPA-EFE/Shutterstock The creator of Ethereum, the second largest cryptocurrency in the world, says that its carbon footprint is of increasing concern, and he hopes that efforts to cut it by 99 per cent are just six to nine months way, despite years of delay. “You don’t want to be wrecking… Source link

Bitcoin, the biggest cryptocurrency by value with a market capitalization of around $750 billion, has confirmed its first upgrade in four years. Bitcoin miners—those who secure the bitcoin network and validate transactions in return for bitcoin tokens—approved the long-awaited upgrade, known as taproot, that’s due to take effect in November. Sign up now for CryptoCodex—a free, new, daily newsletter that gets you up to speed and ahead of the market. Arriving in your inbox at 7am ET… Source link

Ethereum is currently trading at $2,476 following an impressive 9.31% bounce from its weekend lows of $2,265. The world’s second largest cryptocurrency has mimicked the somewhat bullish path of Bitcoin, which is now taking on the psychological level of resistance at $40,000. However, in contrast to Bitcoin, Ethereum remains in a series of lower highs, signalling that the altcoin market is showing signs of weakness against its respective BTC trading pairs. In order for Ethereum to re-establish… Source link

Ethereum continues to get fundamentally stronger in terms of becoming a decentralized financial layer and almost a quarter of the supply is now locked in smart contracts. Industry observer and ETHhub founder, Anthony Sassano, has noted that the amount of ETH locked into smart contracts is similar to that during the DAO event in mid-2016. “The amount of ETH in smart contracts is now at a similar level to what it was during The DAO event (around 23% of all ETH).” He added that at the time, it… 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. Show Support: It’s Not Too Late To Nominate Your Favorite… Source link

(Photo by Yuriko Nakao) Getty Images They say you should never trade drunk and that is true, and recently I have added to that idea by saying you should never invest or trade when you are ill. So here is an example of what you can end up thinking when you are sick, in my case after a right beating up from the Pfizer vaccine, which I’m happy to say is simply worth suffering to avoid a go-round with Covid. Been there, done that, nearly bought the t-shirt. So here is the set… Source link