Brad Garlinghouse, Ripple CEO, at the Parallel Summit on July 17 expressed his opinion about the digital currency industry. He stated that China is a leader of it and admitted that he is awed by China’s approach.
The rise in the DeFi activity has got the Ethereum network transaction volumes to over 1 million and pushed it to its record high. The ETH 2.0 can majorly address the scalability issues for the Ethereum network.
The cryptocurrency market volatility never went up as a lot of assets are still “stuck” within their respective sideways channel.
Bitcoin enjoyed a bullish price action over the course of the past seven days providing investors a weekly return of 2.52%.
Buterin said that the first phase of Ethereum 2.0 is “in some ways simpler than eth1 and in some ways more complex.” Anyway, he believes that the launch will take place this year.
On Thursday, July 9th, ETH is declining a little after the preceding growth, however, it looks strategically confident and may keep on growing further. It is generally trading at $242.
Arca Labs received approval from the Securities and Exchange Commission for its U.S. Treasury Fund, an Exchange Traded Fund initiative that will run with Ethereum-backed ArCoin.
We’ve taken a look at 10 recognized crypto wallets and tried each one to convert Ethereum to Bitcoins to compare the speed of transactions, conversion rate, and the financial result of an exchange transaction.
Bison Trails announced on June 29 that it will support Ethereum 2.0 transition. The company will offer a suite of products to interact with the Beacon Chain and enable participants to add validates besides scaling their infrastructure automatically.
Another month went by and the $10,000 level continues to prevent Bitcoin from resuming its historic uptrend.
Little by little but cryptocurrencies started breaking their respective Triangle patterns.
Through his official Twitter page, Ethereum founder Vitalik Buterin said that Ethereum 2.0 scaling for data will be available prior to ETH 2.0 scaling for general computation.
Ethereum is currently trading at around the same level of $225 without serious changes.
Currently, Bitcoin is trading at $9,107.86. The prognosis by Crypto Research Report implies a price increase of more than 3,500% for BTC by 2030.
Japan-based financial services firm SBI Holdings launches a cryptocurrency fund with major domiciliation of 50% in XRP.