Ethereum

Why Billionaire Mark Cuban Loves Ethereum

Ethereum’s capabilities could eventually overshadow Bitcoin. Two words sum up Mark Cuban’s love for Ethereum: Smart contracts. Smart contracts, also known as self-executing contracts, are behind two of the biggest investment trends that have taken off this year: Non-fungible tokens (NFTs) Decentralized finance (DeFi) applications And Cuban thinks they are only the start. Thanks to smart contracts, Cuban believes Ethereum, the world’s second-biggest cryptocurrency, can overshadow Bitcoin. That’s… Source link

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Major upgrades to the Ethereum network could help the cryptocurrency soar even higher. Here’s a roadmap to the changes | Currency News | Financial and Business News

Major changes are coming to the Ethereum network. Alessandro Bianchi/Reuters Ether has soared to record highs, in part because of growing interest in the Ethereum network. But major changes are coming to the blockchain, which some investors say could send ether higher. Developers are overhauling how fees work and plan to make it much more environmentally friendly. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ether – the world’s second-biggest… Source link

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Crypto analyst who nailed ether’s climb to $3400 says $10,000 is next

Back in January, when the world’s second-largest cryptocurrency by market cap, ethereum, was trading at just over $1,200, one investor made the bold call of predicting a spike to the mid-$3,000 level, claiming it was being “overlooked” by investors. Just under five months later, that prediction has already hit with ethereum (ETH-USD) up roughly 400% on the year to cross the $3,500 mark as of Friday afternoon. Now, that same investor, Megan Kaspar, co-founder of the digital asset investment… Source link

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Ethereum Classic’s ‘Irrational’ Price Tripling Bears Hallmark of Dogecoin Frenzy

Ethereum classic (ETC), the not-really-like-ether (ETH) sibling of the Ethereum blockchain’s native cryptocurrency, is on track for the best weekly performance in its four-year history, with prices nearly tripling since Sunday.  ETC/USD trading pair on Kraken.Source: Kraken, TradingView Analysts in the digital-asset market say the price move likely reflects a speculative fever among retail traders rather than deeply informed bets on the Ethereum Classic blockchain’s future technological… Source link

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Market Wrap: ‘Ethereum Killers’ Pop as ING Report Highlights Ethereum Over Bitcoin

The tokens of the Ethereum blockchain’s competitors are making huge gains Thursday, while ether set a new price record above $3,600.  Bitcoin has less than 10% of gold’s market capitalization but could continue to differentiate itself from the yellow metal and grow its piece of the total market-cap pie. Ether (ETH) trading around $3,483 as of 21:00 UTC (4 p.m. ET). Gaining 0.28% over the previous 24 hours. Ether’s 24-hour range: $3,397-$3,607 (CoinDesk 20) Ethereum Classic (ETC) trading… Source link

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The ethereum co-founder explains why the NFT space has become saturated and why he isn’t interested anymore | Currency News | Financial and Business News

Anthony Di Ionio, co-founder of Ethereum. Photo from Decentral Ethereum co-founder Anthony Di Iorio said he thinks the market for non-fungible tokens has become “saturated” as the space has gained mainstream adoption in 2021. “The NFT market, I think, is figuring itself out right now. I don’t know if the value of it is really showing through yet,” he told CoinDesk TV Thursday. NFTs are digital representations of artwork, sports cards, or other collectibles tied to a blockchain,… Source link

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