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Since its debut in 2015, Ethereum has played a crucial role in advancing blockchain utility. Specifically, it introduced the concept of programmability, allowing developers to write self-executing code (smart contracts) to the blockchain. In turn, that technology has evolved into decentralized applications (dApps) and decentralized finance (DeFi) products. Powered by that innovation, Ethereum’s price has skyrocketed 881,500% since hitting a low in October 2015, and it’s currently… Source link

Polygon moves closer to bringing EIP 1559-style fee markets to their proof-of-stake scaling platform. BACKGROUND: Internal analysis showed that the fee burn would remove 0.27% of Polygon’s total supply annually. Unlike Ethereum, Polygon has a fixed supply and will immediately become deflationary when the upgrade takes place on mainnet. Outside of burning token supply, the upgrade will help bring predictability to the Polygon fee market, and software providers will be better able to predict… Source link

LiteCoin Ultra achieves a high risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving… Source link

Bitcoin (BTC) is back in fashion for regular investors at $48,000 as data confirms the biggest buying spree since March 2020. In a tweet on Dec. 14, statistician Willy Woo eyed a key trend that had previously been absent from the Bitcoin market for over 18 months. Retail adds BTC like it’s March 2020 After crashing to $3,600 in March 2020, BTC/USD was a hot pick for those able and willing to invest — and now, that phenomenon is back. The changes in balances for wallets holding 1 BTC or less… Source link

Cryptocurrency has had quite the year, with many cryptocurrencies experiencing explosive growth. Bitcoin ( BTC -0.38% ) remains the most popular, with a market cap of nearly $900 billion. However, Ethereum ( ETH -0.13% ) has been steadily gaining traction and catching up with its larger competitor. As the second most popular cryptocurrency, Ethereum currently has a market cap of just over $450 billion. Its price is also up around 466% so far this year, while Bitcoin is up by… Source link

The single largest Ethereum contract containing 8,641,954 Ether (ETH) worth $33.5 billion is sitting idle because it cannot be spent or sent. A Twitter user highlighted the Beacon chain contract claiming it to be the largest Ethereum contract with billions of dollars worth of ETH “trapped” inside it.  BREAKING: 8,641,954 ETH ($32 billion) trapped in single largest Ethereum contract and unable to be sent or spent. Will require hard fork that hasn’t been written or specified yet. Timing and… Source link

Ethereum (CRYPTO:ETH) has been a success story no matter how you look at it. Its native Ether token now ranks as the second-biggest cryptocurrency based on market cap, behind only Bitcoin (CRYPTO:BTC). Since the second half of 2015, Ethereum has delivered a gain of nearly 310,000%.  What’s potentially in store for the cryptocurrency in the new year? Here’s why one famous billionaire thinks Ethereum could be a monster winner in 2022. Image source:… Source link

Bitcoin has minted more than a few millionaires in recent years as its value has surged since its inception more than a decade ago, but an apparent display issue made investors substantially wealthier — at least on paper — for a time Tuesday. Crypto sites, including digital-asset exchange Coinbase Global COIN, +1.79% and CoinMarketCap.com, were acknowledging issues with displayed quotes of some of the most popular cryptocurrencies,… Source link

What happened Three of the top five cryptocurrencies in the world, Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Solana (CRYPTO:SOL), each saw dramatic declines, once again, today. These top tokens had sunk by 2.7%, 4.7%, and 4.3%, respectively, over the past 24 hours, as of 9 a.m. ET. Market-specific drivers, such as the potential for a reduction in monetary stimulus sooner than expected, appears to be the key driver behind the continued… Source link

Not only the ETH price dropped below $4,000, but it also closed below this key level on the daily timeframe. If no surprises will take place, today will be the first time since October 19 that ETH is seeing a full candle body below the significant $4K mark. This put an end to the bullish trend, at least in the short term. Key Support levels: $3750, $3,000 Key Resistance levels: $4,000, $4,500 Last week, the weekly MACD went through a bearish crossover which was an early sign… Source link