Ethereum (ETH)

The deposit contract for staking on Beacon chain – the blockchain providing the spine of the Ethereum 2.0 ecosystem – has now collected over 10 million ETH. That’s $26 billion of staked value at current prices. Ethereum 2.0 is a long-awaited Ethereum upgrade that will convert Ethereum’s consensus mechanism from proof of work to proof of stake. Beacon chain will be the core of the Ethereum 2.0 chain, which is set to merge with the existing Ethereum chain and replace miners by...

INTERNET CITY, DUBAI, Mar. 3, 2022 – LBank Exchange, a global digital asset trading platform, will list TechPay Coin (TPC) on March 11, 2022. For all users of LBank Exchange, the TPC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 11, 2022. Public blockchains such as Bitcoin and Ethereum suffer from issues such as high transaction fees and the lack of scalability. To solve persistent problems in existing public distributed ledger...

Litecoin is struggling to clear the $110 resistance against the US Dollar. LTC price is now trading below $105 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $106 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline if it fails to stay above the $100 support zone. Litecoin price is struggling below $110 against the US Dollar, similar to bitcoin. LTC...

Slate Street – a bank holding company headquartered in Boston – has partnered with crypto infrastructure provider “Copper” to launch institutional-grade digital asset custody for its clients. Upon regulatory approval, the firm will offer custody services for some of the most “active” cryptocurrencies including Bitcoin, Ethereum, Cardano, Solana, and Polkadot. “The firm will leverage its robust infrastructure and vast experience to assist clients’ transition and thrive in the...

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Ethereum price started a fresh decline from well above $3,000 against the US Dollar. ETH price is now trading below $2,800 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2,590 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,445 support zone. Ethereum price is gaining bearish momentum below $2,800 against the US Dollar. ETH/USD remains at a...

Kyber’s team stated that expensive gas fees and the network congestion on Ethereum left users, creating a need to solve it through Layer-2 scaling solutions such as Arbitrum. The main objective behind the multi-chain decentralized exchange (DEX) and aggregation platform – KyberSwap announcing its launch on the scaling solution – Arbitrum network – is to enable users to conduct faster and cheaper trades. KyberSwap on Arbitrum According to the official blog post, Arbitrum is...

Immutable X – a layer 2 NFT trading platform built on Ethereum – announced the closing of a $200 million Series C funding round on Monday. Led by Singaporean investment company Temasek, the round brings Immutable’s valuation up to $2.5 billion. Expanding the Team 5 other new investors also partook in the round, including Princeville Capital, Arrington Capital, ParaFi Capital, Mirae Asset, and Liberty Global. Meanwhile, existing investors such as Prosus Ventures, AirTree...

Mike Novogratz Mike Novogratz – seines Zeichens Investor, Krypto-Wal und CEO des Kryptounternehmens Galaxy Digital – sieht im aktuellen Ukraine-Russland-Konflikt den Beginn einer Abwendung von der traditionellen Weltwährung Dollar hin zur grössten und ältesten Kryptowährung, dem Bitcoin, und anderen digitalen Assets. Seit Russland am 24. Februar 2022 in die Ukraine einmarschierte, ist der Bitcoinkurs um 18% gestiegen. Die Gründe hierfür sind...

Polygon, formerly known as MATIC network, is a layer-2 scaling solution created in 2019 to address several limitations in the Ethereum blockchain, such as transaction speed, throughput, and gas fees. It was originally designed as a scaling solution, but it rapidly evolved into a multi-purpose ecosystem that’s been receiving a lot of attention. MATIC, its native token, debuted on the Binance Launchpad in 2019 amid the Initial Exchange Offerings (IEO) boom. But first thing’s...