Ethereum (ETH)

Trading apps like Robinhood have stepped in to stop their customers from trading stocks like GameStop, which have surged in recent days. As a result, bitcoin and cryptocurrency are starting to look a lot more promising, which is potentially why the world’s number one digital asset by market cap has surged by more than $2,000 at the time of writing.GameStop Barricades Help BTC Spike AgainBitcoin was initially trading for under $32,000, though in the last day or so, the currency has surged...

From Gene Simmons’ list of digital assets, both XRP and Dogecoin have been involved in tremendous gains in the past few days mostly fueled by the WallStreetBets speculation frenzy.American musician, entrepreneur, and television personality Gene Simmons has listed some of his digital assets that he has chosen to include in his investment portfolio. According to tweets from his page, Simmons has invested in Bitcoin, Ethereum, Litecoin, Dogecoin and XRP.I’m not recommending any of this to...

Reddit setzt auf Ethereum Reddit und Ethereum bringen ihre Zusammenarbeit auf das nächste Level. Die Online-Community und das Kryptowährungssystem arbeiten künftig gemeinsam an Skalierungs-Tools für das Blockchain-Netzwerk — wenn diese News stimmt. Bei Reddit weiss man ja mittlerweile nie so recht. Es könnte auch ein Versuch sein, eine digitale Währung oder eine Aktie kurzfristig pushen zu wollen. Wie eine Mitteilung von Reddit deutlich...

The largest US-based crypto exchange Coinbase has classified bitcoin and several altcoins as institutional assets following the developments in 2020. In its yearly report, the company has confirmed the growing institutional interest, the maturing market, and, somewhat surprisingly, the expanding appetite from corporations towards ETH.2020 Established Bitcoin As An Institutional AssetThe challenging last year saw the emergence of Bitcoin as an asset fit to serve the needs of institutional...

Despite its popularity as a platform for DeFi applications, the rampant growth in both the number of DeFi applications and the number of users has put a strain on Ethereum’s infrastructure, leading to a number of challenges that many Ethereum DeFi users now face on a regular basis.Arguably the most significant of these are scalability and cost.With Ethereum pushed to its limits and fees hitting record highs, other platforms may be set to muscle in on its DeFi turf in the near future. Here, we...

The Grayscale Ethereum Trust, which offers its institutional and accredited investors to take advantage of private placements on several occasions throughout the year, has reopened the initiative of its shares.Grayscale announced resuming the Ethereum Trust private placement earlier, thus enabling accredited investors to allocate funds into the company’s product following the second-largest cryptocurrency.Private placement means a sale of an asset to a pre-selected number of investors and...

BitcoinBitcoin is up by a cool 20% over the past week as it currently trades near the $35,700 handle. The number 1 ranked cryptocurrency had been trapped within a range for the majority of the week as it oscillated between $33,000 and $30,000.Looking at the larger picture, Bitcoin was trading within a descending triangle pattern since hitting the new ATH price at $42,000 in early January 2021. It had spiked beneath the lower boundary of this triangle at $30,000 throughout the week but managed...

The off-chain decentralized computation platform Cartesi has launched a layer-2 solution to work on top of the Ethereum blockchain. The so-called Optimistic Rollups aims to decrease the high transaction fees by orders of magnitude and support scaling by taking computational demands off-chain.Cartesi’s Optimistic Rollups For The ETH NetworkThe Ethereum network, arguably the most utilized blockchain in the field with various ERC-20 tokens, stablecoins, and serving as the underlying technology...

The cryptocurrency market capitalization has exploded above $1 trillion as Bitcoin surged to $38,000 following a recent pro-BTC action taken by Tesla’s Elon Musk.The alternative coins joined the ride as well, including Ethereum touching $1,400 and XRP surging above $0.28.Bitcoin Touches $38K Following Musk’s EngagementCryptoPotato reported earlier that the primary cryptocurrency was struggling with maintaining its price above $32,000. While the bears were looming in, a compelling development...

Blockfolio has long been a favorite for crypto traders as it provides a handy place to track their assets, trades, and profits (or losses) over time.The app has a reported user base of around 6 million so it has a good head start over rivals. It is also launching with zero fees which will be a bonus in times of high transaction prices for Ethereum based tokens.The new product launch comes five months after the crypto derivatives exchange FTX acquired the firm for $150 Million.Trade crypto and...