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cryptocurrency

cryptocurrency July 22, 2022

Advertisements “All the Ethereum killers from back in the day didn’t succeed, and I don’t expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph. Blockdaemon’s Ethereum ecosystem lead Freddy Zwanzger believes Ethereum will retain its leadership position in the crypto ecosystem over the coming years due to its utility as a smart contract platform […]

cryptocurrency July 21, 2022

Advertisements For Buterin, building a better-decentralized ecosystem requires short-term pain for long-term gain. On Thursday, Vitalik Buterin, co-founder of Ethereum, shared his long-term vision for the namesake blockchain live at the annual Ethereum Community Conference, or EthCC, in Paris. As told by Buterin, Ethereum is currently at an inflection point, or period of rapid change, […]

cryptocurrency July 21, 2022

Ethereum started a downside correction from $1,630 against the US Dollar. ETH could extend losses if there is a clear move below the $1,480 support. Advertisements Ethereum started a downside correction from the $1,630 resistance zone. The price is now trading below $1,500 and near the 100 hourly simple moving average. There is a key […]

cryptocurrency July 21, 2022

Ethereum [ETH] crossed $1,500 on 19 July after it last crossed the mark on 12 June. This comes following the massive bull run from the level of $1,100 after the update related to the Merge came to the fore. Advertisements However, crowd disbelief is evident on social media as shown by the latest on-chain data. […]

cryptocurrency July 20, 2022

Advertisements The much-anticipated Merge upgrade has been in the making for over two years. With the transition to a scalable, energy light proof-of-stake blockchain (dubbed “the Merge”) at play for Ethereum, many have cast doubts on the popular coin’s future given the magnitude and complexity of the upgrade involved. But among prominent stakeholders, one particular […]

cryptocurrency July 20, 2022

Advertisements For Vasily Shapovalov, the magnitude of the proof-of-stake transition could cause unforeseeable problems. Crypto enthusiasts are finally getting some respite from the ongoing bear market as the price of Ethereum (ETH) has increased 48% before the looming Merge upgrade that transitions the blockchain into one powered by a proof-of-stake consensus. As a result, the […]

cryptocurrency July 20, 2022

Advertisements Summary: Polygon has unveiled zkEVM, a layer 2 scaling solution that users zero-knowledge proofs to scale and reduce transaction costs on Ethereum. Polygon’s co-founder, Mihailo Bjelic, has described zkEVM as the ‘holy grail of Web3 infrastructure.’ Polygon zkEVM is estimated to reduce Ethereum fees by 90% compared to current costs on Ethereum’s layer 1. […]

cryptocurrency July 20, 2022

Key Takeaways DeFi has suffered in the crypto slump, but many staple projects are still building. The likes of Aave, MakerDAO, Uniswap, and Lido have all put forward experimental governance proposals or made major announcements in recent months. If DeFi is to reclaim its highs, those building through the bear should emerge stronger than ever. […]

cryptocurrency July 20, 2022

The merge is near, so it’s Ethereum time to shine. The eternal second most popular cryptocurrency by market capitalization has been outperforming bitcoin for the last few days. Is the reason the return of the market’s appetite for risk? Or is it just the fact that Ethereum’s developers announced a specific date for the mythical […]

cryptocurrency July 20, 2022

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum [ETH] has, as some Twitter denizens like to say, “melted faces” over the past week as the asset surged from the range lows to post an impressive 50% gain in just under […]

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