Ethereum

Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (ETH or Ξ) is the native cryptocurrency of the platform. After Bitcoin, it is the second-largest cryptocurrency by market capitalization. Ethereum is the most actively used blockchain.

Ethereum will beat Bitcoin 9 times out of 10, says Cardano founder Charles Hoskinson

Charles Hoskinson, the controversial CEO of IOHK and founder of Cardano (ADA), recently took a hard line at Bitcoin (BTC) in an interview with Lex Fridman. According to Hoskinson, bitcoin is beginning to lag behind other cryptocurrencies due to the outdated underlying blockchain technology. He believes that proof-of-work (PoW) networks will be overtaken by proof-of-stake (PoS) networks. “The probl...[Read More]

Texans will soon be able to shop with bitcoin, ethereum & dogecoin

The US state of Texas seems to want to take the lead in the cryptocurrency world, the state seems to become a true hub for the American bitcoin market. Texas will soon allow banks to hold crypto, recently passed a new crypto law, and aims to attract bitcoin miners from China to settle in Texas with its cheap flow of bitcoin. Texas already built the world’s largest mining farm in 2019. Now it...[Read More]

Ethereum Products saw last week “Greatest outflow ever,” reports Coinshares

Last week Coinshares, a British Investment Company, reported about the largest outflow from Bitcoin (BTC) investment products in a week ever. This week ethereum (ETH) products received the same title. Coinshares reports on 14 June that the net outflow of all institutional cryptocurrency products decreased last week compared to a week before and that corresponds to a more positive market sentiment....[Read More]

Goldman Sachs Embraces Ethereum to Offer Ether (ETH) Derivatives to Customers

Goldman Sachs, the massive US investment bank, embraced Bitcoin (BTC) earlier this year with the reboot of a cryptocurrency trading desk. Now the financial services company is also going to embrace Ethereum (ETH). Goldman Sachs announces that it will be offering new derivatives, such as options and futures, for ether sometime in the coming months. Bloomberg news agency reported this on June 15: De...[Read More]

Ethereum Gas Fees Plunge as Polygon L2 Surpasses 7 Million Transactions

Ethereum’s network fees have fallen to less than a dollar for simple transactions, and less than a tenner for complex transactions involving different token swaps. That’s for the first time in nearly six months, with fees falling from an average of $70 in May, to now just $4 per transaction. A partial reason for this reduction in network congestion appears to by Polygon (Matic), which has recently...[Read More]

David Guetta puts luxury apartment up for sale and accepts bitcoin (BTC) and ethereum (ETH)

A while ago it was read that there was an apartment for sale in Portugal with a special payment option. The apartment was sold for 5 million DOGE. At the time, the DOGE had a market value of about $2.2 million. It was one of the first cases of real estate being sold for cryptocurrencies. This time it’s hit again in the United States. World-famous DJ, David Guetta, has put up for sale a luxur...[Read More]

Ethereum Mind-Blowing Prediction: Long-Term Future Of ETH

There are all kinds of predictions in the crypto space these days, and some of them are pretty bullish despite the massive volatility in the market. New bullish Ethereum prediction Crypto trader and YouTuber Ben Armstrong said that he can see Ethereum soaring to the tens of thousands of dollars as its ecosystem grows at an exponential rate. In a new video, Armstrong addresses his bullish case for ...[Read More]

PayPal processed nearly $2 billion worth of Bitcoin, Ethereum, and Litecoin trades in May

PayPal’s custodian of crypto funds, itBit, traded over $2.1 billion worth of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PAX in May, according to data provided by analytics tool Nomics. Owned by Paxos, itBit is a crypto exchange that provides liquidity for PayPal, a US company operating an online payments system that entered into the crypto market in October 2020. Daily...[Read More]

Elon Musk Agrees With Vitalik Buterin on Dogecoin and Ethereum Collaboration

Tesla CEO Elon Musk said he “pretty much” agrees with Ethereum co-founder Vitalik Buterin about a collaboration between Dogecoin and Ethereum. Buterin said: “if we can have a secure Doge-to-Ethereum bridge. That would be amazing.” Vitalik Buterin Talks About Dogecoin and Ethereum Bridge, Elon Musk Agrees Ethereum co-founder Vitalik Buterin talked about a potential collaboration between Ethereum an...[Read More]

Ethereum DeFi Activity Has Slowed Down to 2020 Levels

Let’s start with the good news: Ethereum transaction fees, which have been growing larger, are back down to 2020 levels. The bad news: That’s because demand for Ethereum and Ethereum-based DeFi protocols has fallen, along with prices, as partly evidenced by a 28% drop in Uniswap trades from a mid-May peak. Ethereum transfer volume, as measured in dollars, has declin...[Read More]

EasyFi Network Adds Insurance and Security Partners to Further Strengthen its Offering

DeFi protocol EasyFi is looking to bounce back in a major way. After a challenging start to the year, the EasyFi team has completed a hard fork and released a detailed interim compensation plan and reinstatement plan. Built on the backbone of permission-less networks and automated smart contracts, the latest news for EasyFi bodes well for future growth. The protocol is taking the next steps to see...[Read More]

BananaSwap Set to Launch on Solana Protocol

BananaSwap intends to venture into the digital artwork industry by enabling non-fungible token (NFT) transactions. BananaSwap, a decentralized exchange (DEX), is set to be unveiled on the Solana blockchain. Different from the traditional AMM exchange, it will incorporate AMM’s liquidity aggregation and support a range of limit orders. According to the firm through a Medium post, it intends to prov...[Read More]

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