The Merge turned out to be a non-event for the market, with ether’s realized volatility dwindling in four weeks after the event. The impending Shanghai upgrade, however, might inject volatility into the market, one liquidity provider said.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
ETHDenver Primer: What You Can Expect From Ethereum’s Largest Annual Conference
Is conference season underway? Hopefully Denver can warm up a bit over the course of the next month, as crypto fanatics and executives look to congregate around what has turned into one of the biggest annual crypto conferences every year, ETHDenver.
Let’s take a brief look at what sort of programming the free-to-attend conference is offering, speakers you can expect to see on-site, and more from the upcoming event.
Can The Crypto Market Warm Up In The Cold Denver Climate?
Ethereum’s Diverse Ecosystem — How Has It Changed In 2022?
Data shows some shifts have taken place in the Ethereum ecosystem this year. Here’s how the shares of some popular transaction types have changed on the network in 2022.
Both DeFi And NFTs Have Taken A Hit In Dominance On Ethereum
As per the latest weekly report from Glassnode, the DeFi and NFT sectors both have similar dominance on the Ethereum blockchain now. The “dominance” here refers to the percentage of the total Ethereum gas usage that a particular transaction type is contributing to at the moment.
Why Bitcoin Social Mention Is Increasing While Ethereum’s Drops Following Merge
Bitcoin, even after losing almost 72% of its November 10, 2021 all-time high value of $ 69,044, still holds a commanding lead over its closest rival, Ethereum.
The crypto alpha showing the way in terms of trading price and total market capitalization has always been the norm, as the altcoin king remains several steps away.
At press time, data from Coingecko shows Bitcoin trading at $ 19,495 and Ethereum changing hands at $ 1,330. Both assets are experiencing decline for the last 24 hours, with BTC falling behind by 2% and ETH by 1.5%.
Greenpeace Intensifies Campaign Against Bitcoin Following Ethereum’s Merge
In addition to a $ 1 million ad budget, climate groups want to influence institutions such as Fidelity and BlackRock to push Bitcoin to switch from PoW to PoS.
- Greenpeace and the Environmental Working Group have launched a $ 1 million smear campaign against Bitcoin following Ethereum’s Merge to PoS.
- The campaign has a petition urging Fidelity, BlackRock and others to move Bitcoin away from PoW.
- Opponents of Bitcoin need to understand how it actually works.
Greenpeace and the Environmental Working Group have intensified their attack against Bitcoin’s proof-of-work (PoW) with a $ 1 million ad campaign, per a press release.
First Mover Americas: Bitcoin Passes $24K for First Time in August; Ethereum’s Buterin Shrugs Off Fork Talk
The latest price moves in bitcoin (BTC) and crypto markets in context for August 8, 2022.
CoinDesk
Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity
Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $ 5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future.
Also read: The ”Wrapped Bitcoin” Project Has Now Officially Launched on Ethereum
Bitcoin Maximalists Celebrate Ethereum’s ‘Demise’ amid Founder’s Scaling Concern
Ethereum developers are having trouble scaling the most prominent smart contract platform in the world. Ethereum and The Bitcoin Cash Gambit It’s that simple. Scaling something worth billions of dollars without breaking it is a monumental task. Development roadmaps have regularly been delayed. Founder and Ethereum developer Vitalik Buterin thinks that the next era of […]
The post Bitcoin Maximalists Celebrate Ethereum’s ‘Demise’ amid Founder’s Scaling Concern appeared first on CCN Markets
Why Ethereum’s Privacy Matters and What’s Being Built to Support It
With the goal of boosting adoption, these four projects are building tools that advance privacy on ethereum.
CoinDesk
The Real Discussion About Ethereum’s Next Hard Fork Is About to Begin
Ethereum core developers have discussed a list of 29 proposed code changes to be included in ethereum’s next system-wide upgrade, Istanbul.
CoinDesk
Russia’s Not Buying Bitcoin, Dx.Exchange’s Shady Past, and Ethereum’s Hard Fork That Wasn’t: This Week in Crypto
By CCN.com: This week in crypto saw several interesting developments as regard exchanges, exit scams, and at least one failed ICO-funded company in the form of Giga Watt. Crypto Media Clings to Story of Russian Government Buying Bitcoin, CCN Asks for Proof CCN started the week off by debunking a mythical impending “$ 10 billion Bitcoin
The post Russia’s Not Buying Bitcoin, Dx.Exchange’s Shady Past, and Ethereum’s Hard Fork That Wasn’t: This Week in Crypto appeared first on CCN
Inside Ethereum’s Plan To Reduce Energy Consumption by 99%
Ethereum intends to move to proof-of-stake in the future. Making a move to POS will supposedly cut the energy consumed by a hundredfold, or around 99%. There have been repeated claims that cryptocurrency uses too much energy and is therefore inefficient and environmentally unfriendly. Some reports find that mining cryptocurrency uses more energy than gold
The post Inside Ethereum’s Plan To Reduce Energy Consumption by 99% appeared first on CCN
Popula Stores News on Ethereum’s Blockchain
Subscription-based news platform Popula has made history by providing the very first fully stored news article on a blockchain platform. Earlier this week, Maria Bustillos, the editor of journalist-owned Popula, announced the placement of an article published on the website has now been stored on the distributed ledger. According to the report, the article, which was
The post Popula Stores News on Ethereum’s Blockchain appeared first on CCN
TRON Rising: TRX Breaks Ethereum’s Record for Total Daily Transactions
The TRON (TRX) network officially broke the highest single-day transaction total for Ethereum (ETH) on Friday. It's Official ✍🏽#TRON has broken #Ethereum's record for highest number of transactions on Nov 9, 2018 #ETH highest transaction volume recorded on Jan 4, 2018: 1,349,890 Txs 👇🏽#TRX highest transaction volume recorded on Nov 9, 2018: 1,367,488 Txs 💥#IAmDecentralized🖖🏽$ TRX pic.twitter.com/qQaLwNf4YW — Misha Lederman […]
SludgeFeed
EY Prototype Allows Private Transactions on Ethereum’s Blockchain
In a bid to lower the barriers to mainstream adoption of blockchain technology, professional services giant Ernst & Young (EY) has launched a solution that it claims will allow companies to transact privately on Ethereum’s blockchain using zero-knowledge proof (ZKP).
Dubbed the EY Ops Chain Public Edition (PE), the solution will reportedly allow enterprises to issue and sell product tokens on a “public blockchain with private access to their transaction records.” This announcement comes on the heels of EY’s launch of the EY Ops Chain, a set of apps and services created to help businesses commercialize the use of blockchain technology.
Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats
With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts.
Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain. From tokenized assets and blockchain-based legal contracts to healthcare records and supply chain tracking, DApps are going to remold traditional industries in their image, solve bottlenecks and revolutionize enterprise inefficiencies out of existence.
More than three years later, and we’re still waiting for the revolution.
3 Key Takeaways From Ethereum’s Problematic Constantinople Testnet Upgrade
Most Ethereum enthusiasts will have noticed the activation of the Constantinople hard fork on the testnet hasn’t gone off without a hitch. Major issues occurred when the Ropsten testnet stalled. Although all issues have been resolved ever since, the following three takeaways provide valuable insight as to how things need to be handled in the future.
#3 Ensure MIner Support
When it comes to testnets for specific cryptocurrencies, they usually see far fewer miners compared to the live net. That is only normal, as testnet coins have no value, and the network requires little effort to ensure transactions can be processed. However, when things such as a hard fork upgrade are introduced, the lack of active miners can be quite problematic.
Ethereum’s Constantinople Hard Fork Hits the Testnet Next Week
Ethereum is somewhat struggling to maintain its position in the cryptocurrency market rankings. This is primarily because of the success of Ripple’s XRP, and the lack of scaling on Ethereum’s side. That latter aspect will come to change soon, as the Constantinople hard fork will go live on the Ropsten testnet in less than a week from today.
Taking Ethereum Scalability to a new Level
A lot of Ethereum enthusiasts have been looking forward to seeing their favorite currency scale well beyond its current levels. Developers have been exploring numerous options in this regard, and the roadmap was outlined over a year ago. Ethereum is set to undergo several hard forks to address key network drawbacks and concerns, with scaling being one of the top priorities.
Ethereum’s Price To ‘Rally Strongly’: Tom Lee
Ethereum (ETH) is down 84% from its $ 1,400 all-time high in Jan. 2018 but that doesn’t stop Fundstrat’s Tom Lee from being bullish on the second biggest cryptocurrency by market capitalization ($ 22.7 billion). Ether is “about to rally strongly” and possibly go up to $ 1,900 by end of 2019, Lee told CNBC.
Ether has underperformed other top cryptos in the past three months and is trading at $ 222 as of press time. However, Lee suggests that its price is undervalued which gives investors an opportunity to buy the dip and capture future profits.
Ethereum’s Scaling Nightmares May Be Over Sooner Than You Think
Casper, Plasma, Sharding. These are all terms mentioned when it comes to tackling Ethereum’s well-known scalability issues. Each with their own challenges, none of them immediately close in sight. Enter OpenST Mosaic. A Protocol so new (it’s been kept tightly under wraps) that it hasn’t come up as a topic of conversation around the water cooler yet.
But its creators say that Mosaic allows for “scaling blockchain economies to billions of users” (in fact, that’s their tagline). And get this. Not in the distant future–OpenST Mosiac is already working now. Let’s take a closer look.