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The year 2020 has been nothing short of spectacular for Ethereum. Between Ethereum 2.0 and the quest for scalability, the decentralized finance explosion, and the successes of interoperability and money settlement — just to name a few — the richness of narratives underpinning Ethereum has arguably surpassed Bitcoin itself. Whereas Bitcoin is the reliable, stoic uncle, Ethereum can be described as the maverick cousin of the crypto world. But of course, a volatile environment hits hard both… Source link

We often get accused of only reporting on the bitcoin price when it goes down. And while that’s not entirely fair, we will admit that it mostly is. So sue us. There’s just something about a massive Ponzi scheme being sold to unsuspecting consumers as the “democratisation of finance” that irks us a little.  But not today! Join up join up, because bitcoin is on its way to da moon! Who cares if you’re just lining the pockets of the old HODLers?… Source link

After reaching a previous all-time high on November 30th, 2020 and December 1st, 2020, bitcoin is now trading well above $20,000 and has surpassed its previous peak price. Bitcoin’s value has rapidly increased over the past two months. According to CoinMarketCap, you could buy one bitcoin for $11,500 on October 16th. As I’m writing this post, you can buy one bitcoin for $20,775.72 — it represents a 7.27% increase compared to yesterday’s price. It is now priced well over $20,000… Source link

Leading cryptocurrency bitcoin has been getting most of the headlines lately, but it isn’t the only one that has been rallying in 2020. Ethereum (ETH), the second largest cryptocurrency, has also performed extremely well. In fact, Ethereum has performed even better than bitcoin in 2020. While bitcoin’s value is… Source link

Alan Howard Photographer: Ringo Chiu/Zuma/Alamy  A hedge fund specializing in volatility bets has emerged as one of the largest investors in Bitcoin after quietly buying more than $600 million in cryptocurrencies and joining forces with Alan Howard, the co-founder of Brevan Howard Asset Management. Eric Peters, chief executive officer of One River Asset Management, said in an interview he… Source link

Three weeks into its launch, Ethereum 2.0 is close to tripling its initial deposit threshold of 524,288 ETH. These deposits made in increments of 32 ETH represent the stake of active or soon-to-be active validators on the network.  Data as of Dec. 15 @19:31 UTCSource: Dune Analytics and BeaconScan In order for Eth 2.0 to progress to its next phase of development, the new, recommended minimum number of validators is 262,144, which multiplied by a stake of 32 ETH would also mean a minimum… Source link

Bitcoin, after bouncing around under $20,000 per bitcoin for the last month, has smashed through the psychological price barrier. The bitcoin price, hitting $20,440 on the Luxembourg-based Bitstamp exchange before falling back slightly, is up around 200% over the last 12 months as governments ramp up spending in the wake of coronavirus lockdowns, investors look to bitcoin as a hedge against inflation, and institutional interest in bitcoin rises. Bitcoin investors, who have cheered the… Source link

Text size The predictions of the social-network framework are impressively correlated with the trajectory of Bitcoin’s price history. Dreamstime … Source link

Ethereum has many fundamental catalysts that could push its value upwards in the short term. Eth2, the strength of the decentralized finance (DeFi) market, and high decentralized exchange (DEX) usage are some positive factors. But, against Bitcoin on the ETH/BTC chart, ETH is showing signs of short-term struggle. Why ETH Could Stagnate Against Bitcoin, Not Against The Dollar Some high-net-worth investors in the cryptocurrency market prefer to denominate their holdings in Bitcoin.  As… Source link

Ethereum address creation hit a 35-month high on December 14 when 177,000 new addresses were added to the network according to analysts from Santiment. The analytics provider reported that its network growth metric showed Ethereum adding 177,500 addresses in a single-day on Saturday, Dec. 12. The amount of new #Ethereum addresses hit a single-day, 35-month high Saturday. Our network growth metric picked up $ETH reaching 177.5k addresses created. Notably more addresses interacting on an… Source link