Tag: ETH

Ethereum is a better store of value than Bitcoin, academic research shows

Recent research conducted by four Australian researchers concludes that Ethereum is a better store of value than Bitcoin. “Ethereum provides better inflationary hedging properties than Bitcoin, and Ether may therefore offer superior long-term value storage than Bitcoin, ” said the report. Ethereum, the second-largest crypto by market cap, has been tipped by several experts including […]

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Ethereum Price Prediction: ETH Could Make A 15% Upswing To $5,180

Ethereum (ETH) is trading 6% below its November 10 all-time high (ATH) around $$4,859 on Coinbase. The Ethereum is 4% lower on the day and still trades below the ascending parallel channel. At the time of writing, Ethereum price teeters at $4,521 and appears ready for a significant upswing as seen on the daily chart. […]

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Ethereum Price Analysis: ETH Price About To Retest The All-Time High Resistance Of $4860; Will December Bring New Heights.

The ETH coin indicated an impressive recovery from its recent correction phase to the 0.382 FIB level. So far, the coin has gained around 20% and is quite close to the ATH resistance of $4860. Check out these levels for the nearest target in case the price gives a bullish breakout. Key technical points: The […]

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Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the […]

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Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic

Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic

The popular American-style pale lager produced by Anheuser-Busch, Budweiser announced on November 29, that the firm planned to issue a series of 1,936 non-fungible token (NFT) collectibles. Following the Bud-themed NFT market launch, the web portal experiences some hiccups. Budweiser Issues NFT Beer Can Collection — NFT Cans Give Access to the ‘Budverse’ At the […]

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Popular Ethereum mixer Tornado Cash is ready to integrate with Arbitrum

Popular Ethereum mixer Tornado Cash is ready to integrate with Arbitrum

Tornado Cash, a popular Ethereum transaction mixing protocol, is ready to integrate the Layer 2 network Arbitrum. “The protocol’s smart contracts are all set and ready to spin on Arbitrum. They just need help from the community to get deployed & fly with their own wings,” said Tornado Cash in a blog post on Monday. […]

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Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution

Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution

The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP) […]

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Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days

Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days

30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds the largest TVL. Cross-Chain […]

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Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant

Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant

During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between 6% to 20%. Global Markets […]

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Bitcoin Dominance Slides Below 40% for First Time in 6 Months

Bitcoin Dominance Slides Below 40% for First Time in 6 Months

During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the 40% region for several days now. […]

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