Overall NFT volume has fallen off the cliff since January, while Ethereum Name Service (ENS) domain sales surged last week. The collection is currently the most traded Ethereum-based collection on OpenSea, surpassing the likes of both CryptoPunks and Bored Ape Yacht Club (BAYC). What’s behind the collection’s sudden rise to …
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Speaking to Cointelegraph, Andy Long, CEO of Bitcoin miner White Rock, believes that the upcoming Ethereum Merger will increase mining difficulty and reduce profitability by forcing PoW miners to seek greener pastures like other PoW blockchains, thereby “sinking” other coins. : “As GPU miners point their hardware at other chains …
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ETH investment products rose 2.36% in assets under management (AUM) to $6.81 billion during August, outperforming Bitcoin products, which fell 7.16% to $17.4 billion. This was also reflected in Bitcoin (BTC) and Ethereum (ETH) product trading volumes, with Grayscale’s most notable Bitcoin product GBTC down 24.4% in volume, while Ethereum …
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Ethereum co-founder Vitalik Buterin cites the ease of international payments and payments to charities as prime examples, arguing that the superiority of cryptocurrency for payments is often “inadequate” compared to fiat. Buterin explained in a Twitter thread on August 24 that it is not only resistance to censorship, but also …
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According to new findings from blockchain researcher ₿liteZero, Ronin hackers transferred stolen assets from Ethereum to the Bitcoin network. The attackers moved $625 million USDC and ETH to Ethereum-based crypto mixer Tornado Cash, making it difficult for authorities to monitor the movement of funds. But Tornado wasn’t the last as …
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Like bitcoin, Ethereum has lost a lot of value in recent months.The world’s second most valuable crypto asset touched a low of almost $850 during the recent market sell-off.As a result of the crypto winter, the total number of active Ethereum addresses has now reached 28,149, the lowest level since …
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Ethereum’s burn rate is at its peak due to the anticipated NFT sale of BAYC creator Yuga Labs. ETH soared to unprecedented levels thanks to the anticipated virtual land sale related to Yuga Labs. Just hours after the sale of 55,000 virtual land NFTs dubbed “Otherdeeds,” Ethereum gas fees have …
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–BTC stayed below 43,200 USD.-ETH is around 3000 USD. XRP broke 0.75 USD support.-TRX and DCR showed the best performance today. BTC crossed the 42,500 USD level but failed to surpass 43,200 USD. It is trading around 40,500 after a sharp decline. BTC is down 3% in one day, while …
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Ethereum miners have continued to trump their bitcoin counterparts in terms of revenue. Ethereum is the second-largest cryptocurrency by market stat and has now proven that it is a better option when it comes to mining cryptocurrency. This has made Ethereum a more profitable platform for miners. In the past, …
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The value of Bitcoin looks confident to reach above $50,000 for the first time ever since December, as investors remain ecstatic with the wave of good news. Although, its price has dropped back to $45,000. Ethereum has also struggled—even as traders gear up for a huge upgrade—with the likes of …
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