Ethereum (ETH)

Ethereum transaction fees continue to be rather expensive as the network works at a 98% capacity. This has apparently caused users to seek more efficient alternatives, and Binance Smart Chain (BSC) is becoming particularly popular.Binance Smart Chain Rising in PopularityTransaction fees on Ethereum are getting particularly high. Gas costs escalate as users flood the DeFi markets in search of high yields and the “next 100x gem on Uniswap.”This has led to the notion that DeFi is only profitable...

The potentials in the price of Ethereum to soar to new levels is backed by the rise in the coin’s Total Value Locked (TVL) on DeFi platforms.The price of Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been constantly touted to break past the $2,000 psychological level, and the latest key fundamentals in the crypto point towards this. There has been a mix of bullish and bearish runs in the crypto market space with Ethereum known to experience these upswings on...

Over the past 24 hours, we saw the cryptocurrency market recovering from a mild correction that took place on early Monday morning. Bitcoin touched $50,000 for the first time, the total cryptocurrency market capitalization increased above $1.5 trillion, while Polkadot became the 4th biggest project by market cap, surpassing Cardano by an inch.Bitcoin Price Taps $50KFor the first time in history, the primary cryptocurrency tapped the coveted mark of $50,000. This is a major milestone for...

[PRESS RELEASE – Please Read Disclaimer]Amid so many controversies, growing blockchain scalability problems force miners to reconsider a bigger block size through the ‘Bitcoin8M campaign’.Scalability means the ability of the blockchain network to increase its size or scale. For blockchains like Bitcoin and Ethereum, increasing this range presents many challenges.The biggest obstacle to mass blockchain technology adoption is its limited transaction processing capacity. In contrast to some...

Ethereum price is holding gains above the $1,600 and $1,700 resistance levels against the US Dollar.ETH price is currently trading well above $1,750 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $1,730 on the 4-hours chart (data feed from Coinbase).The pair is likely to start a strong surge if it clears the $1,840 resistance level.Ethereum price is eyeing more upsides above $1,850 against the US Dollar. ETH/USD may soon test the $2,000...

Eine Transaktion im Ethereum-Netzwerk kostet im Durchschnitt mehr als 20 US-Dollar. Eine Transaktion im Ethereum-Netzwerk kostet im Durchschnitt mehr als 20 US-Dollar. Ist damit das Ethereum-Netzwerk noch nutzbar? Denn der Vorteil von DeFi-Anwenundgen, also Anwendungen im Bereich dezentralisierte Finanzen haben vor allem den Vorteil, dass diese programmierbar, schnell und...

Ethereum followed Bitcoin’s price through a correction earlier today. However, in doing so, it has also reached oversold levels on the Relative Strength Index (RSI) which are typically followed by a serious uptrend.Ethereum’s Price Goes Through a CorrectionAs CryptoPotato reported earlier today, Bitcoin’s price went through a mild correction which saw it dipping below $46,000 after a rejection at the coveted $50,000 level.Many altcoins followed and ETH was among them. The correction in ETH’s...

The most expensive NFT sale was made after the successful purchase of virtual plots of land on Axie Infinity valued at $1.5 million.The global Ethereum-based Non-fungible token (NFT) market saw impressive growths in 2020 according to details from a new report by NonFungible and L’Atelier. Per the report, as detailed by Decrypt, the total transactions of the NFT market grew triple-fold in 2020 with the total valuation topping $250 million.The digital asset ecosystem is booming in a dynamic...

The founder expects that SBI Holdings will take advantage of the cryptocurrency boom to make the area its key earner.Yoshitaka Kitao, the founder of SBI Holdings Inc, has disclosed that the Japanese financial firm is in talks with foreign financial firms to establish a crypto joint venture. This initiative follows the recent global interest in Bitcoin and Ethereum sending their prices to $48000 and $1800 respectively. Both assets have been said to be an alternative investment target.According...

This Monday, in the EU morning trading session, the cryptocurrency market is going through a pullback. Bitcoin got rejected at $50K as it was unable to break this level, resulting in a drop that saw around $70 billion wiped off the total cryptocurrency market capitalization at the time of this writing.Bitcoin Price Fails at $50K.Hopes were high yesterday that the price for Bitcoin would finally break the coveted $50,000 mark. The cryptocurrency came very close to breaching it. It charted a...