Ethereum

This week, we do a deep dive into the intricacies of one single Ethereum 2.0 metric: total value staked (TVS). There’s a lot of nuance to this metric, but once you do the legwork a little knowledge can really pay off in terms of insight into the protocol and a better understanding of how to interpret what seems at first like major discrepancies in the data across providers and sources.  Then, in true nerd fashion, we delve into an ongoing hackathon that, even if you’re not particularly… Source link

The past days have been pivotal for the cryptocurrency industry as Bitcoin (BTC) suffered a drop in its mining hash rate owing to a menacing Xinjiang power outage. The resultant effect sent the prices of the cryptocurrency tumbling down, dragging the entire market to a massive fall. However, Bitcoin as well as Ethereum appears to be paring off the losses accrued in the past days. Bitcoin is trading at $56052.9, down 2.13% while Ethereum has shed off 3.2% to be… Source link

Bloomberg A $1 Trillion Liquidity Surge Is Morphing Into a Leverage Boom (Bloomberg) — It was supposed to be a temporary buffer — more than $1 trillion of debt taken on by U.S. companies last year to ride out the economic devastation caused by Covid-19.But with the economy rebounding and interest rates still near all-time lows, it’s becoming increasingly tempting for corporations including Home Depot Inc. and Verizon Communications Inc. to spend those cash cushions on acquisitions and… Source link

The world is changing so fast that it’s tough to understand where the crypto revolution is going, but Ethereum will be part of that story. Photo courtesy of Pixabay It’s already a mad, mad world; add cryptocurrency, and it seems like we’re living in a futuristic alternate universe. It appears that new crypto technologies are popping up every week, and more people are becoming accustomed to investing money into digital coins. But what many of us… Source link

DUBAI, UAE  and TORONTO, April 20, 2021 /PRNewswire/ — On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum.  This fork, which took place in Toronto, is an effort to save the global Ethereum mining community from the Blockchain network’s proposed ‘Quick Merge’. The Ethereum GeneSys Foundation has successfully initiated a ‘hard fork’, which aims to reclaim staked Ethereum 2.0 coins and allocate it to incentivize the Ethereum mining community to mine… Source link

undefined It is unclear exactly why supporters have decided 20 April, which is also International Weed Day, will be celebrated as ‘doge day’. Photo: Getty Images Bitcoin and ethereum on Tuesday extended price declines that began last week, while Dogecoin maintained its rally on what supporters have dubbed ‘DogeDay’. Bitcoin (BTC-USD) was down 4.6% to trade at $54,763.19 (£39,152.67) by 9.20am in London. Ethereum (ETH-USD), the second largest cryptocurrency, was down around 5.3% to… Source link

The Ethereum price path to $3,000 has hit a major barrier. The ETH price has dropped in the past five consecutive days as some investors take profit and as the hype over Coinbase listing starts to fade. Ethereum is trading at $2,135, which is 18% below the all-time high of $2,555.  What happened: Ethereum has had a remarkable rally in the past few months. The price dropped to below $100 after the coronavirus became a pandemic. Since then, it has soared to more than… Source link

Tether (USDT) has now launched on Hermez Network, an Ethereum scalability solution based on the zk-rollup concept. Rollups provide a way of batching or “rolling up” transactions to lighten the load on the Ethereum network. The key to rollups is the concept of data availability, which means that the state data of the rollup is always fully available on-chain. In practice, this means that the Ethereum network knows the token balances of all user accounts on the Hermez rollup after every… Source link

Bitcoin’s potential institutional adoption has been a hot topic in markets. Photo: Chesnot/Getty Images Cryptocurrency prices were volatile on Monday morning, after a wild weekend of selling that saw some tokens plunge by as much as 13%.  Bitcoin (BTC-USD) was down 1.2% to trade at $57,096 (£41,113) by 9.40am in London. Meanwhile, ethereum (ETH-USD), the second largest cryptocurrency, was down around 1% to trade at $2,253.41. Ripple (XRP-USD) was at one point 9.2% higher on Monday morning… Source link

Bitcoin’s potential institutional adoption has been a hot topic in markets. Photo: Chesnot/Getty Images Cryptocurrency prices were volatile on Monday morning, after a wild weekend of selling that saw some tokens plunge by as much as 13%.  Bitcoin (BTC-USD) was down 1.2% to trade at $57,096 (£41,113) by 9.40am in London. Meanwhile, ethereum (ETH-USD), the second largest cryptocurrency, was down around 1% to trade at $2,253.41. Ripple (XRP-USD) was at one point 9.2% higher on Monday morning… Source link