This new avenue of ETH-backed loans offered by Anchorage will make way for a new client base.
Miami’s Mayor said he was motivated to acquire digital assets after the US government signed the latest round of stimulus bills.
The NortonLifeLock management said that with the introduction of Norton Crypto, the company hopes to empower miners and make their quest for efficient mining more successful.
Internet Computer anticipates providing solutions to the scaling challenges experienced by Ethereum while maintaining decentralization and security.
Bitcoin has risen around 20% from its lowest in May to above $30,000.
While comparing Dogecoin to NFTs, Druckenmiller said that the meme-cryptocurrency has got an unlimited supply and that he doesn’t see much utility for DOGE going ahead. He said that it doesn’t bother him if DOGe price goes up or down.
As the debate for cryptocurrency’s energy use catches fire, Ethereum’s transition to the Proof-of-stake (PoS) consensus model is likely to reduce its carbon footprint to a great extent.
WisdomTree is the second to apply for an ETH ETF. Asset manager VanEck had filed an application to create an Ether-focused exchange-traded fund earlier this month.
Although Ethereum and Bitcoin were created with different intended purposes in mind, they are both an option worth considering from an investor’s point of view.
After the recent crash of the crypto market, Ethereum price has recovered and ETH is now trading above $2800 for the first time in recent weeks.
Ethereum gives a higher utility when compared to Bitcoin. Ethereum has earned global recognition, thanks to its momentous growth, evidenced by the introduction of smart contracts, NFTs, and yield farming.
Per the Goldman Sachs report, the support for the narrative that Bitcoin’s scarcity is what makes it a veritable store of value is no longer tenable.
Vitalik Buterin proposed sharding as a major solution to bypass the current scalability challenges.
The Altair upgrade will seek to return the original strictness into the new Ethereum protocol.
Buterin is positive and encouraged by the huge strides made by technology and apps in the recent past, with Ethereum technology being a part of the progress.