Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
The CEO is much bullish on the transition to Ethereum 2.0 Proof-of-Stake (PoS) blockchain along with the rise of the DeFi market.
The optimism surrounding the upcoming London hardfork is driving the Ethereum prices higher. Furthermore, the rising DeFi and NFT activity on Ethereum fuels the price surge.
Amid the rising popularity of the CryptoPunk NFTs, scammers are targeting key players. A founder of an NFT videogame recently fell prey to one such bot scam on the CryptoPunks Discord channel.
With the uncertainty in the current investment ecosystem, Wealthfront says it is set to offer its customers an expert-backed recommended portfolio.
The Ethereum anniversary is coming as the network plans for the London upgrade scheduled for early August, also gearing up for ETH 2.0.
Even though Bitcoin’s trading volume is still higher than Ether’s, the year-on-year growth for the latter is breaking all records.
Ethereum hit the high, after climbing more than 8% in 24 hours and nearly 23% in one week, as several other assets also rise.
On the technical charts, Ethereum (ETH) has managed to break past the upper trendline of the Falling Wedge pattern. This sets a bull case scenario for a bounce up to $2,500.
It was Morgan Beller, co-creator of Libra, who connected the Optimist team to Vitalik Buterin. “I’ve always thought Buterin deserves to have his story out there,” he said.
By integrating the two technologies, it is expected that a platform for DeFi applications – which will compete with the usual web user’s experience – would have been created.
In another interesting development in Brazil, an asset management firm based in the country, Hashdex, is planning to launch a Bitcoin ETF whose goal is to combat the environmental concerns that come with Bitcoin mining.
The second-largest cryptocurrency prices went below $2K as US Inflation is surfing ahead and breaking all records.
SelfWealth, a non-bank broker listed on the Australian Security Exchange plans to open crypto trading for its customers, as reported by the Australian Financial Review.
Cryptopunk 5293 will be displayed in the Institute of Contemporary Art Miami, Florida, this summer as a legitimate NFT exhibit.
As per the recent disclosure under the 2012 Stock Act, Barry Moore’s crypto holdings stand anywhere between $5000-$75,000.