Ethereum

The good news is that Apple (AAPL 7.55%) is now supporting non-fungible tokens (NFTs) in its App Store. Given Apple’s massive influence in the tech world, this would seem to signal the future mass-market adoption of NFTs. The bad news is that Apple’s new NFT rules are potentially so restrictive and onerous that there has already been blowback in the crypto community. Since Ethereum (ETH 3.84%) and Solana (SOL 2.07%) are the two top crypto players in the NFT world, it’s clear that Apple’s… Source link

The Merge, which is considered one of the most significant blockchain upgrades on Ethereum to date, brought down the network’s energy consumption by 99.9% immediately. On Sept. 15, the Ethereum blockchain migrated from proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism in an effort to transition into a green blockchain. What followed was an immediate and steep drop in total energy consumption of the Ethereum network. The Ethereum Energy Consumption Index…. Source link

The Bitcoin price is trading bearish near $20,600 during the Asian session, having bounced off the $20,000 support level. Similarly, Ethereum has gained over 4% to $1,585 and is heading north toward the 78.6% Fibonacci retracement level. Early on October 29, major cryptocurrencies were trading in the green, as the global crypto market cap surpassed $1 trillion, up from $979.72 billion the day before. DeFi’s total volume was… Source link

It is important to be security-aware when navigating the crypto ecosystem. Choosing projects with security verification, such as Dash 2 Trade, Calvaria, IMPT, and Tamadoge. Scams, rug-pulling, and other illegal activities are bad side effects of the fact that the internet economy works anonymously and with little interference. So, it’s important to know how to spot red flags in some projects and which projects to avoid in general. This article tells you about popular… Source link

The shift of the Ethereum blockchain to a proof-of-stake (PoS) protocol opened new opportunities for developers and investors to explore, including the burning of Ether (ETH). Now, Ethereum transactions are validated through staking rather than mining. Staking impacts the supply and price dynamics of Ether in ways that are different than mining. Staking is expected to create deflationary pressure on Ether, as opposed to mining, which induces inflationary pressure. The increase in the total… Source link

The shift of the Ethereum (ETH) blockchain to a proof-of-stake (PoS) protocol opened new opportunities for developers and investors to explore, including the burning of Ether. Now, Ethereum PoS transactions are validated through staking rather than mining.  Staking impacts the supply and price dynamics of Ether in ways that are different from mining. Staking is expected to create deflationary pressure on Ether as opposed to mining that induces inflationary pressure. The increase in the total… Source link

Matter Labs disputed these claims to CoinDesk, however. “We would simply point to the fact that we have shipped our end-to-end prover exactly as defined with public verification and that we have shipped it exactly on schedule as outlined in our public roadmap – milestone 3,” Steve Newcomb, Matter Labs’ chief product officer, told CoinDesk in an interview. Source link

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Ethereum’s (ETH) price performance has outperformed those of other leading layer1 networks in the last seven days, posting returns of over 10% against Bitcoin (BTC), according to data analyzed by CryptoSlate. Source: Glassnode According to the Glassnode data, only Ethereum and Polygon’s MATIC posted positive returns against Bitcoin during the week. Meanwhile, Solana (SOL) briefly saw positive gains during the week before declining, while other layer1 like Binance (BNB), Polkadot (DOT),… Source link

Ethereum dropped below $1,500 on Friday, as cryptocurrency markets fell following earlier gains in the week. Bitcoin was also in the red in today’s session, as the token moved closer to a breakout below $20,000. Overall, the global crypto market cap is down 1.90% as of writing. Bitcoin Bitcoin (BTC) fell lower for a second consecutive day on Friday, as bullish sentiment continued to fade. Following a peak of $21,022 on Wednesday, BTC/USD dropped in back-to-back sessions, with… Source link