The debate around security regulations in the US has hit the peak with the Ripple-XRP lawsuit that has now been aggravated by SEC's lawsuit threat to Coinbase over an unreleased stablecoin lending services. Now with the XRP lawsuit nearing towards a possible end, Ethereum's security status has become the biggest deabte especially with former SEC The post Does Ethereum (ETH) Risk Becoming a...
Standard Chartered analysts are the latest Ethereum bulls as the recently released investor guide places Ethereum valuation at around $26K-$35K per Ether (ETH). The first sentence of the investor's guide reads "Structurally, we 'value' Ethereum at USD $26,000-35,000". It's understandable that the word...
According to reports, Ethereum EIP-1559 has burned Ether (ETH), reaching $400 Million. The action is a follow-up to the recent network upgrade. Ethereum Improvement Proposal (EIP-1559) is an upgrade program for its blockchain. The program adds new functionality to the system, destroying a...
As the price of Ethereum (ETH), the world’s second largest cryptocurrency by market capitalization, grows to a new monthly high, retail traders, particularly the small coin holders do not want to pass off on the opportunity. At the time of writing, Ethereum is changing hands for $3,783.53, up 4.73% in the past 24 hours according The post Empty Ethereum Addresses are Filling Up....
Ethereum proponents who posited that the emergence of the London Hardfork will impact or solve the challenge of high network fees are clearly mistaken as the gas fee is gradually creeping back to new highs. According to Glassnode’s data, the average fee based on a 7-day Moving Average paid on the Ethereum network has topped The post Ethereum Gas Fee Hits 3-Month Making...
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As the Ethereum network journeys fast unto its proposed shift from the Proof- of-Work (PoW) network, to the highly anticipated Proof-of-Stake (PoS) blockchain dubbed Ethereum 2.0, a number of stakeholders in the blockchain ecosystem are positioning to get the best of from the anticipated changes. Just as previously reported, the challenges of the Ethereum network are The post Ethereum: Bulls Maintains their Priority as...
Ethereum 2.0 blockchain upgrade remains one of the most anticipated upgrades in the crypto space. Most of the upgrades required for the complete overhaul have already been performed. Things like the London Hard Fork came with EIP-1559. This upgrade completely changed the monetary policy of the network. Moving ETH towards becoming deflationary in the long-term. Related Reading |...
Ethereum network support is growing by the day. The number of ETH being staked ahead of ETH 2.0 quickly surpassed over 5% of all ETH in circulation. The number has now grown even higher. With the number of validators on the Ethereum network already exceeding 200,000. Another milestone that has now been broken is the staking address of ETH is now the highest...
The cryptocurrency ecosystem was agog when the Ethereum Improvement Protocol (EIP) 1559 went live last week. The EIP 1559 upgrade, also called the London Hardfork introduced a few improvements into the Ethereum blockchain which prior was notably plagued with congestion and high network fees. Prior to the launch of the hardfork, users engage in a The post Is Ethereum’s Gas Fee Improved Now...
Ethereum’s new fee burn mechanism is almost at its one-week mark. Burn rate has now grown to a rate of 3.88 ETH in the past 24 hours. So far, over 27,000 ETH has been burned from fees. Taking over $87 million out of circulation. The plan was to reduce the amount of new ETH being released into circulation for every block that is...
It has been less than a week since Ethereum’s London upgrade went live and already millions of dollars worth of ETH has been burnt. The long-awaited Ethereum hard fork and EIP-1559 upgrade was deployed on August 5, just under a week ago. With it came the transaction fee calculation adjustment that resulted in a portion of those...
The Ethereum (ETH) bulls have continued to rage in pushing the ETH price all the way to $3000. As of press time, Ethereum is trading 8.34% up at a price of $2977 with a market cap of $344 billion. It is for the first time since May that the ETH price has crossed $3000 levels. The post Ethereum (ETH) Shoots To $3000, Crowd...
A lot of attention is on Ethereum (ETH) presently as the digital currencies’ price trend is surging to beat the $3,000 resistant point. For the most of the day, the price action has seen a limited volatility with market bulls largely in control of the prices. At present, the world’s largest open source crypto coin The post On-Chain Data: Ethereum Price Surge is...
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Ethereum has come so far already. The project started only five years ago has continued to record tremendous success in the market. A project, which despite its relatively young age, has managed to clinch the number 2 spot in the market. Crypto investors have all, at some point, heard about the Ethereum London Hard Fork. But not everyone can confidently say they know...
There's good news on Ethereum's sixth birthday. Ethereum merge (the transition from Proof of Work to Proof of Stake) an Ethereum 2.0 launch requirement has been assigned an Ethereum Improvement Proposal classification - the EIP3675, core developers Mikhail Kalinin and Danny Ryan announced on July 29 via Twitter! It means that the transition...
A new research paper by Ethereum co-founder Vitalik Buterin and blockchain researcher Georgios Konstantopoulos suggests that after "the Merge" or when Ethereum shifts from Proof of Work (POW) to Proof of Stake (POS), the recently discussed possibility of miners running custom clients (with existence not established with certainty) to accept bribes to execute Ethereum reorgs and extract harmful...
Ethereum 2.0 now has more than 6.6 million ETH staked. This is more than 5% of the total supply of the cryptocurrency. Staked Ethereum Reaches New Milestone: 5% Of The Total Supply The ETH 2.0 network now has 200k validators accounting for about 6.6 million in Ethereum staked. The current annual percentage return...
The Ethereum 2.0 network now has over 200k validators The Ethereum 2.0 deposit contract now has 6.42 million ETH staked worth $14.857 Billion Kraken is the largest single depositor with 12.5% of all ETH in the contract Ethereum is back to trading above the 200-day moving average and could keep pushing higher with the London Upgrade on the 4th of August The Ethereum...
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