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Bitcoin and Altcoins Start Fresh Increase, Ethereum Outperforms
31.7.2020
Bitcoin price remained stable above the USD 10,800 support and recently started a steady rise. BTC surpassed the USD 11,050 level and it is currently (08:30 UTC) trading near USD 11,100. The main hurdle on the upside is still USD 11,250, above which the bulls might aim at a new multi-week high...
Happy B'ETHday! Ethereum Turns Five Before It Turns 2.0
30.7.2020
Today is the birthday of the second most valuable crypto network in the world - Ethereum (ETH). In the five years of its existence, its metrics increased between several hundred and tens of thousands of percent.
With the details unveiled in late June 2015 for the aptly-titled 'Frontier' version...
Ethereum Starts Training ETH 2.0 Validators
28.7.2020
With the fast-approaching final public testnet as the herald of Ethereum 2.0 (ETH 2.0), the developers released the validator launchpad meant to make it easier to become a node validator.
Ahead of the Medalla ETH 2.0 Testnet, the Ethereum Foundation's ETH 2.0 research team said that, following...
Following Major Losses, Another Crypto Hedge Fund Shuts Doors - Report
28.7.2020
Cryptocurrency hedge fund Tetras Capital has allegedly decided to close its doors, after suffering significant losses.
The New York-based fund known for shorting ethereum (ETH) is said to be shutting down, Coindesk reported, citing an undisclosed "person with direct knowledge of...
Median Ethereum Fee Up Almost 1,300% Since April, Bitcoin Fees Jump Too
24.7.2020
The fees on both Ethereum (ETH) and Bitcoin (BTC) networks are rising yet again, prompting both the user dissatisfaction and discussions of possible solutions.
There seems to be no end to what many perceive as major issues with high fees on the two biggest networks. The median average Bitcoin...
Ethereum Leads Top 20 as On-Chain Data Signals Bullish Sentiment
24.7.2020
Ethereum (ETH) is continuing to see gains in the crypto market today after what has been a strong week for the cryptoasset, and with on-chain data suggesting further gains may lie ahead for the leading smart contract platform.
At pixel time (11:55 UTC), ETH was up by 4% over the past 24 hours...
A Date for Final Ethereum 2.0 Public Testnet Announced; Attacknets Live
22.7.2020
Source: Adobe/lukasz_kochanek
Step by step, or rather one testnet by another, Ethereum 2.0 (ETH 2.0) seems to be on track for launch - as the date for the final public testnet has been announced.
Ethereum Core developer Danny Ryan posted on the testnet’s Discord site that the next multi-client...
‘Prohibitively Expensive’ Ethereum Network Fees ‘Are Healthy’
21.7.2020
Ethereum (ETH) users are paying higher than normal fees for transactions on the network, per a new report – to the extent that some token holders are holding fire on making ETH dealings.
According to the latest CoinMetrics-produced State of the Network report, the past week has seen a drop in...
Phase 0 of Ethereum 2.0 Has Another Possible Launch Date - November
21.7.2020
Ethereum 2.0 (ETH 2.0), or Serenity, is "well on track" for a launch later this year, according to Afri Schoedon, release manager at blockchain infrastructure company Parity Technologies and ex-Ethereum developer - and unless there is a critical problem found, there is no reason to push...
78% of Ethereum Held in ‘Validator Qualified’ Wallets
17.7.2020
Almost 78% of the current supply of Ethereum’s native ETH token is currently held in wallets “qualified” to become network validators as Ethereum is moving to its version 2.0, according to two Ethereum development insiders.
In a blog post, published yesterday, Tanner Hoban and Tom Borgers, both...
Ethereum 2.021, Dai Giveaway, Bourbon on Tokens + More News
10.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Phase 0 of Ethereum's next version, Ethereum 2.0 might go live in January of 2021 at the earliest, Ethereum researcher Justin Drake...
8 Ethereum Miners Wield ‘Overwhelming Influence’ Over the Network
7.7.2020
The Ethereum (ETH) network is dominated by just over 50 powerful mining pools – with an inner cabal of eight maintaining the lion’s share of the blockchain, according to the findings of a new report.
The ConsenSys-produced “The Ethereum Proof of Work” report concluded that as recently as Q2...
Liquidity Mining is 'Like Uber' Giving Shares to Early Drivers & Riders
7.7.2020
DeFi's latest hit is yield farming with millions of dollars worth of tokens distributed each month. It's boosted by liquidity mining, which today is like Uber giving shares to early drivers and riders, argued a researcher.
DeFi (decentralized finance) commonly refers to the protocols, digital...
Ethereum Pulls Away from Competition in Dapp Dominance Race
7.7.2020
The Ethereum (ETH) network almost doubled its number of active dapp users in the second quarter of 2020, increasing by 97% to close to 1.259 million users and logging a new all-time-high, per a new report from Dapp.com.
The Dapp.com data shows that from April to June this year, the roughly...
Vitalik Buterin Pushes for Rollups as Ethereum's Scaling Solution
1.7.2020
Vitalik Buterin. Source: a screenshot, YouTube/ETHWORLD.
Vitalik Buterin, Co-founder of Ethereum (ETH), reiterated that rollups are the way to go when it comes to the network's scaling issue. They'll likely be the main solution for at least two years, he suggested.
As is all too well known, terms...
Put-to-Call Ratio Rises as Ethereum Options Market Sets New Record
1.7.2020
Source: Adobe/djjeep_design
Despite a new record in the overall interest in ethereum (ETH) options trading seen yesterday, the market may be sending a signal that some ETH holders are hedging their bets on the second-most valuable cryptoasset.
The increasing hedging, which may perhaps stem from...
Ethereum 2.0 First Public Multi-Client Testnet To Go Live Next Week
26.6.2020
Source: Adobe/knssr (edited by Cryptonews)
Ethereum community continues to prepare for the long-awaited Ethereum 2.0 upgrade as its developers have made two major achievements towards the launch of the so-called Phase 0, reported Etereum 2.0 coordinator and developer Danny Ryan.
Firstly, Ethereum...
Ethereum Transaction Fees Rise Further, Gap with Bitcoin Narrows
24.6.2020
As transaction fees on the Ethereum (ETH) blockchain continue to rise, some are warning that the network's competitors may benefit if the issue is not dealt with. Meanwhile, the gap between the number 1 and number 2 coins by market capitalization got a lot narrower – as the former's fees dropped...
Reddit Asks Ethereum Community for a Scaling Solution
19.6.2020
Reddit is working on scaling its recently added Ethereum (ETH) crypto rewards system, and has asked its own community to lend a hand.
"Ethereum" and "scaling" are words that are often paired together. But as the network moves towards its second iteration, named Ethereum...
Sender of USD 5.3 Million ETH Transactions Reportedly Revealed
17.6.2020
It seems that the victim of last week's USD 5.28 million Ethereum (ETH) fee transactions has been revealed.
Blockchain analytics and security firm PeckShield claims to have identified the sender - a South Korean peer-to-peer crypto exchange Good Cycle. Furthermore, this small exchange...