Ethereum

A Polkadot logo sits blurred over a screen displaying the icons of numerous cryptocurrencies, led by … [+] Bitcoin. KMR Images Last week, I reached out to some professional crypto fund managers I know in Russia to give me their top crypto investments so I could get in on the action. One of the names that came up had also been mentioned by others I have not spoken to before, but everyone seemed to be on the same page: Polkadot (DOT) was the new altcoin… Source link

The Proof-of-Stake model has been around since 2012, when it emerged as an alternative way to achieve consensus than Bitcoin’s computationally heavy Proof-of-Work. However, it’s taken until now for PoS to take off, spurred by the launch of staking on high-profile platforms including Ethereum 2.0, Polkadot, and Cardano.  Despite epic price rises since the start of the year and the fact that it’s the second-biggest cryptocurrency by total market capitalization, Eth2 lags behind… Source link

Telsa billionaire Elon Musk, whose tweets about the meme-based cryptocurrency dogecoin helped push it to a $10 billion valuation, has warned the price of bitcoin and ethereum “seem high.” The bitcoin price has surged by almost 500% over the last 12 months, partly due to Musk’s pro-bitcoin and cryptocurrency tweets and his electric car company Tesla adding bitcoin to its balance sheet—following in the footsteps of U.S. software company MicroStrategy MSTR . MORE FROM FORBES

The price of Ether (ETH) is surging past $2,000 with strong momentum while gaining a bit of ground on Bitcoin (BTC) in the last 24 hours.  There are three key reasons behind the explosive rally of Ether, namely the rapid growth of DeFi, the hype around ETH after the CME futures listing, and the decreasing amount of BTC and ETH on exchanges. ETH/USDT 4-hour price chart (Binance). Source: TradingView.com CME futures listing institutional hype Ether hitting $2,000 for the first time ever follows… Source link

Elon Musk admitted that bitcoin and ethereum “seem high” in Twitter exchange with Peter Schiff. The Tesla CEO retorted Schiff’s claim that Gold was a better asset allocation than crypto. On Friday night, bitcoin hit record highs pushing its market cap to more than $1 trillion. Visit the Business section of Insider for more stories. Elon Musk isn’t one to shy away from speaking his mind on Twitter. In his latest social media comments, the Tesla chief admitted the… Source link

Ethereum Ethereum rallied by 4.74% on Thursday. Following on from a 3.92% gain on Wednesday, Ethereum ended the day at $1,939.64. A mixed start to the day saw Ethereum slip to an early morning intraday low $1,851.47 before finding support. Steering well clear of the first major support level at $1,771, Ethereum rallied to a late intraday high and a new swing hi $1,950.3. Ethereum broke through the first major resistance level at $1,895 and the second major resistance level at $1,938. A choppy end… Source link

FILE PHOTO: Representation of the Ethereum virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration Technology News Gertrude Chavez-Dreyfuss NEW YORK… Source link

Nvidia is purposefully making its new RTX 3060 graphics cards less efficient to mine Ethereum cryptocurrency. New drivers that will accompany the release of the GPUs later this month will reduce the hash rate of Ethereum mining by around 50 percent, using software detection for cryptocurrency mining. “We designed GeForce GPUs for gamers, and gamers are clamoring for more,” says Matt Wuebbling, head of global GeForce marketing at Nvidia. “Yet NVIDIA GPUs are programmable. And users… Source link

Ethereum Ethereum rallied by 3.92% on Wednesday. Following a 0.08% gain on Tuesday, Ethereum ended the day at $1.852.00. A bearish start to the day saw Ethereum slide to an early morning intraday low $1,733.87 before finding support. Steering clear of the first major support level at $1,730 Ethereum rallied to a late intraday high $1,857.61 before easing back. Ethereum broke through the first major resistance level at $1,830 to end the day at $1,850 levels. At the time of writing, Ethereum was up… Source link

Ether (ETH) is up 150% in 2021, causing its market capitalization to soar above $200 billion. Most traders are fixated on the unitary price, even though it is entirely arbitrary, therefore missing relevant milestones and comparables. Ether and Bitcoin YTD performance. Source: Digital Assets Data Investors, mainly those coming from the traditional industry, are used to compare multiples of earnings, sales, and market share. Meanwhile, when valuing a cryptocurrency with multiple use cases, there… Source link