Ethereum – Page 68

BNB Smart Chain’s ‘Need for Speed’ endeavour can have this effect on the altcoin

If you thought Binance’s BNB smart chain was fast, then you are in for a pleasant surprise. The network just received an important upgrade that will boost its speed and efficiency. Binance has not been left behind this season when many blockchains have been deploying major network upgrades. The BNB smart chain received its performance upgrade this week through the v1.1.12 upgrade version. According to an official announcement, the upgrade will not only improve speeds, but also reduce lower hardware...

Ethereum [ETH] investors must know this before opening a long position

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After a brief month-long uptrend until mid-August, Ethereum [ETH] bears were back in the game post the rising wedge breakdown. This reversal aided the sellers in pulling ETH below its daily 20/50/200 EMA. The king alt now stood in an important region. A convincing drop below the $1,513 level would propel a further decline before near-term revival chances. At press...

Telegram Founder Is Consider Using NFTs to Sell Reserved Telegram Addresses

Pavel Durov, the billionaire founder of encrypted messaging service Telegram has dangled the idea of using an NFT format for auctioning popular usernames. According to a report by Cointelegraph, Durov made his comments in a message to his personal Telegram group named “Durov’s Channel.” The messaging app’s founder...

Bitcoin Breaks Below $20,000 Amid Market Selloff

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Ethereum also dipped below $1,500 Saturday.

Bitcoin Suffers in Market Dip

The crypto market’s selloff hasn’t let up. Bitcoin briefly dipped below $20,000 Saturday, extending its weeks-long losing streak. According to CoinGecko data, it’s down about 3.9% today and 18% over the past 14 days. Bitcoin last dropped below the crucial $20,000 level in mid-July but has been hit by volatility in August. It’s currently trading at $19,996. The world’s second-biggest cryptocurrency, Ethereum, also suffered as Bitcoin retraced. According to CoinGecko...

The Statement Of The Year For Crypto? It’s Not Powell’s Speech

Fed chair Jerome Powell’s speech at the annual Jackson Hole conference was highly significant. However, another Fed official might have the most important statement regarding crypto. Nick Anthony of Cato Institute believes that Minneapolis Fed President Neel Kashkari’s comment on CBDCs is the statement of the year for crypto. Powell’s speech stopped a strong bullish movement in its track while curbing consumer enthusiasm. It also laid down the expectation for the upcoming year from an economic perspective. However, Kashkari’s comments...

$ETH: Pantera Capital Explains How the Merge Could Make Ethereum a ‘Deflationary Asset’

Recently, crypto investment firm Pantera Capital took a closer look at Ethereum’s upcoming “Merge” upgrade, which marks the Ethereum network’s transition from proof-of-work (PoW) to proof-of-stake (PoS). Here is how Ethereum Foundation explains the Merge, which is expected to take place around September 15: “The Merge represents the joining of the existing execution...

Ethereum Classic’s [ETC] near-term uptrend can extend if…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After a relatively dull week, sellers toned down the buying efforts by pulling Ethereum Classic [ETC] toward the $31 baseline. But the buying re-emergence pushed the altcoin above the four-hour 20/50/200 EMA to reveal a slight bullish edge. The altcoin’s reversal from the $37.4-level has curtailed the recent streak of green candles. The alt could enter a potential squeeze before breaking...

10% of Ethereum Nodes Use a Web Hosting Service They’re Banned From

Key Takeaways

Hetzner, a web hosting service that hosts roughly 10% of Ethereum nodes, has warned crypto users against its services. A representative from the company told Crypto Briefing that it has an anti-crypto stance because some cryptocurrencies cause problems. The warning from Hetzner has prompted a backlash within the Ethereum community.

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Around 10% of Ethereum nodes use Hetzner’s service today.

Don’t Use Us for Crypto, Hetzner Warns

Ethereum’s reliance on centralized web hosting services has once again come under...

$ETH: Coinbase Derivatives Exchange Perfectly Times Launch of Its Nano Ether Futures Product

Coinbase Derivatives Exchange seems to have found the perfect time to launch its second listed crypto derivatives product, i.e. Nano Ether futures (ET). As you may already know, on January 12, Coinbase announced that it was “acquiring FairX, a CFTC-regulated derivatives exchange”, that this acquisition was “a key stepping stone...

Bitcoin Miner Reserves Data Shows BTC Price Change Ahead Of Merge?

Even as the cryptocurrency market stares at upcoming Ethereum Merge, Bitcoin miners appear to have negative outlook in short term. The crypto ecosystem is anticipating a bullish momentum spurred by the much awaited Ethereum Merge. However, a section of traders do not expect Ethereum (ETH) price to jump nearly six months after the Merge. The Ethereum Merge, which transitions the network from a proof of work mechanism to proof of stake consensus, is scheduled for September 15. As of last...