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Ethereum 2.0 closes in on $4B value locked as stakers commit over 2% of supply
Ethereum is now the third largest blockchain by stake committed, and has plenty of room to grow. Little more than a month after launching, the Ethereum 2.0 blockchain now holds 2.7 million Ether (ETH), worth $3.8 billion.
The combination…
ETH price sets new all-time high, gains financial momentum to go further
Technical indicators related to Ether suggest that a move past the $2,000 range might be in the books — but how soon? While Bitcoin has exhibited a stagnating monetary trend over the course of the last week or so, showcasing minor gains of…
3 reasons why Ethereum has been rising faster than Bitcoin price in 2021
Ether has been outperforming Bitcoin in the last few weeks as Ethereum’s momentum strengthens. The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has been soaring since the beginning of the new year.…
Flipped: Ethereum now processes 28% more transactions than Bitcoin
Messari estimates Ethereum’s daily transaction volume is now 28% greater than Bitcoin’s. The daily volume of transactions on the Ethereum (ETH) network is now 28% greater than on Bitcoin (BTC), according to crypto analytics firm Messari.
On…
1/18: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB
Altcoins are beginning to lose bullish momentum as Bitcoin price struggles to reclaim $40,000. Investors are beginning to worry that Bitcoin’s (BTC) uptrend could be in peril after the top-ranked cryptocurrency failed to pull above the…
Wrapped Bitcoin ‘Burns’ Increase as Traders Rotate Capital Out of Cooling DeFi
Wrapped Bitcoin, the bitcoin-backed token on Ethereum now worth over $2 billion, has seen an increase in burns (or “unwrappings”) by some of its largest users as the Ethereum-based decentralized finance sector continues to cool.BitGo…
Terra Brings 24-Hour Trading to Synthetic Versions of Stocks Like TSLA and AAPL
The creators of stablecoin platform Terra announced the launch of the Mirror Protocol Thursday, a way to mint crypto assets that mimic the value of shares in publicly traded companies like Apple or Tesla.“We were motivated to create a way…
Bitcoin Undervalued Relative to Gold, Equities, Tudor Jones Says
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which…
Why Stablecoins Are the First Battleground of the Coming Crypto Regulation Wars
The STABLE Act would force all stablecoin issuers to have bank licenses, a shot across the bow that portends an emerging legal challenge for the industry.On Wednesday, three U.S. congressional Democrats announced the STABLE Act, an 18-page…
Kraken pledges $150,000 to Ethereum devs in latest Gitcoin Grants Round
This is a first for the traditionally Bitcoin-centric exchange. The Kraken cryptocurrency exchange announced that it would match $150,000 in donations to support open-source Ethereum projects on Gitcoin.
Gitcoin is a developer-funding…