With Eth 2.0’s first hard fork spec mapped out, attention has turned to the planned merge of Eth 1.x and Ethereum 2.0. And, not wanting to lose momentum around the merge, Vitalik Buterin has proposed making some additional changes to the network, given most people don’t see Ethereum changing much afterward (minus some cleanup, more shards and, of course, our new favorite Ethereum word, rollups). In two blog posts and on Friday’s All Core Developers call, Buterin made the case for… Source link
Read More »CoinShares Is Launching an Exchange-Traded Ethereum Product – Bloomberg
Photographer: Chris Ratcliffe/Bloomberg CoinShares, a St. Helier, Jersey-based digital-asset investment house with over $4 billion under management, is launching a physically backed, exchange-traded Ethereum product. CoinShares Physical Ethereum is the second ETP to be released on the firm’s institutional-grade ETP platform following the launch of its CoinShares Physical Bitcoin… Source link
Read More »Ethereum, Bitcoin, take huge price hits; should you be worried? Frank Holmes gives analysis
(Kitco News) – Volatility is built into the “DNA” of cryptocurrencies; investors and traders should not worry about the price drops earlier this week, said Frank Holmes, executive chairman of HIVE Blockchain Technologies. Speaking on Ethereum and DeFi, Holmes said “I think that this is a phenomenal industry, and there’s going to be many new derivatives come from it, and it has nothing but blue sky, but extremely… Source link
Read More »Ethereum (ETH) 50% Cryptocurrency Price Selloff Was Real, Kraken CEO Says – Bloomberg
A plunge of more than 50% in Ether’s price on cryptocurrency exchange Kraken was probably caused by extreme selling, and not by a trading-engine malfunction, the bourse’s CEO said. Crypto prices tumbled across the board on Monday, with many tokens falling more than 20% during the trading session. Ether, the second-biggest digital coin, sank as low as $700 from about $1,600 on Kraken, according to a report from Coindesk. … Source link
Read More »Arcology’s Announces that Its Version of Ethereum-Based CryptoKitties Game Outperforms by 1000 to One
VANCOUVER, BC / ACCESSWIRE / February 23, 2021 / Codebase Ventures Inc. (“Codebase” or the “Company”) (CSE:CODE)(FSE:C5B)(OTCQB:BKLLF) is pleased to announce that Arcology has released its improved version of CryptoKitties, the most popular game on the Ethereum blockchain. The game has been optimized to take advantage of Arcology’s processing power and native ability to dynamically adjust to network demands. To simulate approximately nine months of gameplay, Zhang’s team created five million… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 23rd, 2021
Ethereum Ethereum slid by 8.11% on Monday. Reversing a 1.07% gain from Sunday, Ethereum ended the day at $1,778.66. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,938.95 before hitting reverse. Falling short of the first major resistance level at $1,980, Ethereum slid to an early afternoon intraday low $1,508.35. The sell-off saw Ethereum fall through the through the day’s major support levels and the 23.6% FIB of $1,579. Finding late support, however, Ethereum… Source link
Read More »Ethereum corrects gains amid bearish pressure near $1,850
ETH price perched above $1,850 after retreating from its recent peak of $2,036 Ethereum rallied to a new all-time high of $2,036 on 20 February, hitting the landmark price after a week of registering high after high. However, bulls were unable to continue higher over the weekend and ETH prices have largely been range-bound below $1.9k. The consolidation could be what bulls need to build fresh momentum, in which case another leg up could see ETH/USD surpass the recent peak. On the flip… Source link
Read More »As BNB Price Grows, Will the Binance Smart Chain Overtake Ethereum?
As BNB continues to gain popularity, it seems that a growing number of analysts are pointing to the Binance Smart Chain (BSC) as a serious threat to the Ethereum network. Citing faster and cheaper transactions, these analysts believe that the BSC could overtake Ethereum as the ‘backbone’ of the decentralized finance (DeFi) ecosystem. This increase in user activity has been reflected in the price of the Binance token (BNB), which has continued to rally as the Binance Smart Chain continues… Source link
Read More »Bitcoin and Ethereum – Weekly Technical Analysis – February 22nd, 2021
Bitcoin Bitcoin, BTC to USD, rallied by 18.06% in the week ending 21st February. Following on from a 25.08% breakout from the previous week, Bitcoin ended the week at $57,376.0. A mixed start to the week saw Bitcoin fall to a Monday intraweek low $45,730.5 before making a move. Steering clear of the first major support level at $41,134, Bitcoin rallied to a Sunday intraweek high and a new swing hi $58,321.2. Bitcoin broke through the first major resistance level at $57,109 and the second major… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 22nd, 2021
Ethereum Ethereum rose by 1.07% on Sunday. Partially reversing a 2.17% fall from Saturday, Ethereum ended the week up by 7.34% to $1,935.57. A mixed start to the day saw Ethereum fall to an early morning intraday low $1,885.00 before making a move. Steering well clear of the first major support level at $1,804, Ethereum rallied to a late intraday high $1,976.72. Falling short of the first major resistance level at $2,034, Ethereum eased back to end the day at sub-$1,940 levels. At the time of… Source link
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