Tag: eth 2

It’s 2022, and industries from all over the world are beginning to wake up to decentralized technologies such as blockchain.

The post Op-ed: On-chain forensics monitoring is crypto’s judge, jury and executioner appeared first on CryptoSlate.

The post Ethereum(ETH) Price Poised to Plunge More than 10%, Will it Flip Before $2600 or Visit $2300 Crucial Levels? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

  The folks from crypto town are now rolling up their sleeves for a catapulting flight of altcoins. As Ethereum emerges from its shadows, with a spike in its market cap dominance. The rise in dominance at levels above 18%, has been fueling optimism around a possible alt season.  Successively, investors and merchants from the business …

The Ethereum blockchain is preparing to become more scalable come ETH 2.0, and its Layer 2 solutions are growing stronger as well. Optimism, an Ethereum Layer 2 protocol, has just announced the closing of a Series B funding round. The network activity might be beneficial to Ether’s price in the long term. Ethereum Layer 2

The post Just-In: Ethereum L2 Protocol Optimism Raises $150 Million In Series B appeared first on CoinGape.

Crypto staking has become one of the best ways for investors to earn passive income. You simply stake your coins, and in return, you get [...]

March 11, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The US Department of Labor urged “extreme care” for fiduciaries considering[...]

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The landmark figure represents over $26 billion worth of the asset at current prices.

The post 10M Ether Now Locked on Eth 2.0 Staking Contract appeared first on Bitcoin News Miner.

Ethereum implemented the EIP-1559 in 2021 and since then, ETH has been burned every day. This upgrade has pushed the network towards becoming deflationary, taking more than 30% that would have gone straight into circulation and burning it. Now, only seven months after the upgrade was implemented, the network has reached another milestone of ETH burned in terms of dollar value. Over $5 Billion In ETH Burned On August 5th, the EIP-1559 officially went into effect. This came with much fanfare given the implications of such an improvement on the network. It has burned ETH since then and accelerated over the next few months as network activity rose due to the rise of the decentralized finance (DeFi) space. The burn had quickly surpassed $1 billion burned, and now seven months later, there have been over $5 billion worth of ETH burned. Related Reading | Bitcoin Breaks Above $40K Again, But When Will Consolidation End? This comes in light of the recent acceleration recorded over the last six months. In this time frame, the rate at which ETH is being burned is up 559%. The volume burned all comes from fees as the network has seen higher activity in recent times. The burn is important given that it permanently removes all of the burned coins from circulation. This means that since August 2021, more than 1,950,00 ETH have been removed from circulation. At this accelerated rate, the network is seeing about 80 ETH burned every hour. This translates to more than $200K worth of ETH being burned every hour. The burn over the last seven months has since the net reduction reached as high as 67%. ETH declines to $2,500 | Source: ETHUSD on TradingView.com Ethereum planned to have 2.6 million ETH burned in the first year of the implementation and at the current rate, it looks like the network will actually be at this milestone long before August 2022. Ethereum Heading Towards Consensus Layer Ethereum’s move to the consensus layer (previously referred to as ETH 2.0) is growing closer by the day. The final merge is expected to take place sometime in the middle of 2022, leaving only a few months until the estimated time of launch. This will put the network on a completely new path, making it more efficient, scalable, and safe for all users of the blockchain. Related Reading | Yellen’s Positive Remarks About Biden’s Crypto EO Push Bitcoin Past $41,000 Ethereum still remains the second-largest cryptocurrency in the space by market cap. It is currently trending around $2,500, a critical support point for the digital asset. Its market cap sits at $311 billion at the time of this writing. Featured image from CryptoPotato, chart from TradingView.com

Newer blockchains continue to jostle to attain the coveted top position of the market-leading smart contracts ecosystem, Ethereum.

The post ETH Price To Remain Clutched Under $3000! Has Ethereum’s Network Activity Gone Stand Still?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

  The global coin market has been under turbulence for a brief period of time. And the torments of digital assets from the crypto directory find no ends meet. The state of market leaders Bitcoin and Ethereum has been deteriorating, as these remain the first to bear the brunt.  Successively, the largest altcoin Ethereum continues to …

NEAR Protocol is a proof-of-stake (POS) blockchain with smart contract capabilities and advanced scaling solutions for dApps.  While Ethereum is yet to release its ETH 2.0, which aims to solve its most pressing problems, including slow throughput and high gas fees, dozens of blockchain platforms are rushing in to bring these solutions first. NEAR has become […]

The post What is NEAR Protocol? appeared first on Asia Crypto Today.

Silicon Valley based venture capital firm Andreessen Horowitz (“a16z”) has announced that it has invested in decentralized staking platform Lido. What Is Lido? Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking providers.” It “lets users stake their ETH – without locking assets or maintaining […]

The post Bitcoin to Propel A 40% Bullish Surge This Quarter! Will The Alt Season Decouple From Ethereum?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

   The global crypto market is on a quest for a moonish run. That would propel the digital assets from the industry to all-time highs. Where the crypto market’s valuation peaked at $3 trillion. Successively, folks from the crypto town have set their hopes on the star crypto Bitcoin. Which holds the potential to kickstart an …