Key Takeaways Transaction and gas costs on Ethereum have surged in 2020 While the increase in Gas costs coincided with the DeFi craze, data shows that the sector is not the primary reason behind Ethereum’s clogged network The Ethereum-based Ponzi scheme Forsage drives transaction fees up because of its expensive registration procedure Share this article […]
Key Takeaways Coinbase has plans to list 19 new DeFi tokens on its exchange Many of those tokens are related to Ethereum’s decentralized finance (DeFi) ecosystem Not every token will necessarily be listed, but it seems likely that some will be added to the exchange Share this article Coinbase could add several major DeFi cryptocurrencies […]
How far has the Ethereum blockchain come in the five years since its inception? We explore key developments, changes and challenges. It would seem that five years is a relatively short time for an information technology company, but Ethereum has made colossal progress during this time, growing from its own initial coin offering project to […]
Key Takeaways yEarn was technically born in January 2020 as iEarn, until rebranding and launching new features last month. The platform automates much of the complexity behind yield farming and is controlled by holders of its native governance token, YFI. Andre Cronje has developed a cult-like following due to his software prowess, speed, and creativity […]
In brief: Ethereum turning 5 years old has had a bullish effect on the price of ETH. Ethereum has bulldozed past several resistance levels including $320. At its current momentum, ETH could retest the 2019 high of $365. Breaking this level could open the gateway to prices last seen in the 2017/2018 crypto market season. […]
Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern. Bitcoin is at the cusp of hitting $12,000 in the coming sessions, […]
Messari estimates that 20% of Ethereum-based DEX volume is driven by DeFi aggregators. Crypto market data firm Messari estimates that 20% of all decentralized exchange (DEX) volume on Ethereum is routed via DEX aggregators. In a newsletter, Messari writes that “the 21st century is dominated by aggregators,” adding, “Amazon aggregates consumers and merchants. Uber aggregates […]
The Ethereum network appears to be following the likes of Nvidia and other tech sector giants whose use case and growth strategy model evolved over time. In July 2016, a mere four years ago, Nvidia was a $26-billion company focused on GPU chips and graphic card production. In comparison, the long-standing sector leader was Intel […]
As Ethereum reaches its five year birthday, on-chain metrics have never been stronger. The recent price rally is also good news for those that have been buying ETH over the past year or so. Ethereum prices are at their highest level for over a year, but looking at the longer-term picture shows that ETH could […]
In brief: The initial release of Ethereum was 5 years ago on July 30th. To date, Ethereum is the most popular smart contract platform. DeFi and ETH2.0 occupy center stage on Ethereum’s fifth anniversary. The popular smart contract platform of Ethereum (ETH) turns five years old today. It has been exactly five years since the […]
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