Ethereum Watch

Advertisements MATIC supply is likely to become deflationary once fee burning commences according to estimates by the Polygon team. The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year has launched on the layer-two scaling network Polygon.  Ethereum’s EIP-1559 upgrade shipped with its London hard fork last summer and has […]

Built with an emphasis on simplicity and ease of use, Polygon (previously Matic) is designed to let organizations and businesses create and deploy their own decentralized applications (dApps). The platform serves as a layer-2 scaling solution that addresses the scalability and rising gas costs of Ethereum and other EMV-compatible networks. Additionally, it also works as […]

Just like the bloodbath seen across the rest of the crypto-market, Ethereum has also lost over 17% of its value in a week. At the time of writing, the coin was hovering close to the $3,165-level. Advertisements Meanwhile, analyst Peter Brandt indicated in a tweet that ETH appeared to be in a bear trend as […]

‘NFT‘ the acronym standing for the non-fungible token is currently the buzz word going forward. At least the buzzword we’ve heard over and over again in the past 12 months. As big as 2021 has been for non-fungible tokens, industry players expect 2022 to be even bigger for it. The arrival of regulation may place […]

Key Takeaways Tax season is approaching. Crypto investors may be liable for income tax and capital gains tax based on their activity. Capital gains tax and income taxes are applied differently based on the nature of crypto transactions. Share this article URL Copied Advertisements Crypto Briefing brings you a comprehensive guide on calculating cryptocurrency tax […]

Ethereum is one of the prominent blockchains in the crypto industry that established smart contract technology. This helped consolidate decentralized finance and checkmate third-party interference in cryptocurrency transactions. But in the past, its main challenge and setback were linked to scalability and speed in executing transactions. Advertisements As the months and years roll by, Ethereum […]

The cryptocurrency industry’s unparalleled boom last year had brought with it the attention of regulators worldwide, all of whom have shown varied levels of acceptance towards the emerging asset class. The U.S Securities and Exchange Commission’s Chief for instance has repeatedly expressed his skepticism about the lack of investor protection and information offered by blockchain […]

Advertisements Derivatives analysis suggests that ETH will continue to bounce around in the $3,300 to $3,600 range for the short-term. Ether (ETH) price has bounced 13% from its Jan. 9 low at $2,950, but it seems premature to call the move a cycle bottom. Instead, the larger bearish movement has prevailed and although it looks […]

Key Takeaways DeFi Alliance has changed its organizational structure to become a decentralized autonomous organization. The DAO has raised $50 million from 300 contributors who will support Web3 startups. AllianceDAO will be publishing a whitepaper in the coming months with additional details. Share this article URL Copied Advertisements DeFi Alliance has formed a decentralized autonomous […]

The Solana network’s shot in the spotlight might just be far from over as yet, especially now that the Bank of America has expressed future optimism for the top smart contract platform, even analogizing it as the “Visa of the digital asset ecosystem” after it managed to facilitate a large number of transactions over the […]