Tyler Winklevoss: Ether (ETH) and Filecoin (FIL) are the new Amazon

Gemini CEO and cryptocurrency billionaire Tyler Winklevoss recently highlighted some similarities between some cryptocurrency projects and their centralized counterparts. According to him, Ethereum and Filecoin are the cryptocurrencies most likely to be used on a large scale. Tyler Winklevoss compares Ether and Filecoin to Amazon The Gemini exchange boss is known for his pro-cryptocurrencies statements on social media. In a series of tweets yesterday, Winklevoss highlighted some crypto projects that he believes will last the test of time. According to him,…

Ethereum (ETH) Price Shows Signs of Recovery after Major Bearish Fall

Ethereum (ETH) price has shown signs of rebounding in the past few hours after a testing 24 hours. According to several analysts, the leading altcoin fell by more than 30% yesterday, but critical indicators remain positive. Ethereum (ETH) Price drops sharply The cryptocurrency market suffered a major correction yesterday, wiping close to $200 billion from the total market cap. The leading coin, Bitcoin, lost nearly $10,000 from its price, which caused a ripple effect in the market. Ethereum (ETH) was…

Ethereum (ETH) Up by 70% in 2021 as Market Cap Hits All-Time High

Bitcoin (BTC) has taken most of the shine in recent weeks due to its remarkable, bullish run. However, leading altcoin Ethereum is not far behind and has actually outperformed Bitcoin in 2021. Ethereum (ETH) Price Up 70% in 2021 Ethereum has enjoyed a massive rally since the beginning of the year. Entering the year valued at around $718, the leading altcoin has gained an average of 10% in value in the past eight days. In the past 48 hours, ETH…

Ethereum (ETH) Exceeds $1,000 – Altcoin Season is Coming

Bitcoin (BTC) price has experienced a massive rise in recent weeks, leaving altcoins in the dust. However, leading altcoin Ethereum (ETH) leads the charge, suggesting that the Altcoin season is on the way. Ether (ETH) Exceeds $1,000 and Is Approaching ATH Bitcoin has broken all its records and is now aiming for $35,000, with indicators suggesting further bullish movements. The interest of institutional investors has majorly been the driving force in the recent rise of BTC. The latter is also…

90% of Ethereum Addresses are In Profit Following Recent Bullish Run

The crypto market has been on a bullish run in recent weeks led by Bitcoin. Ethereum has also made impressive gains during this period moving from $130 to above $700 in 12 months. This gain has transferred to its ecosystem, with over 90% of ETH portfolios in profit. 90% of Eth Addresses In Profit Analytical firm Glassnode recently published a report analyzing the Ethereum ecosystem. During this analysis, it was discovered that more than 47 million ethereum portfolios were trading…

Ethereum 2.0 Deposits Hits 2 Million As ETH Price Hits 2-Year High

Data from Dune Analytics reveals that there is currently 2million ETH locked into the ETH 2.0 contract. This shows the increased confidence in the Ethereum 2.0 update currently under development. Ethereum 2.0 a major update In general, the crypto community has been surprised to observe the levels of participation in Ethereum 2.0. It is worth remembering that Ethereum 2.0 aims to improve the ETH Blockchain in speed and usability. Recall that, currently, the Ethereum Blockchain suffers multiple bottlenecks that raise…

Ethereum 2.0 (ETH) Becomes The Fourth Largest Staking Network

Ethereum 2.0 (ETH) smart deposit contract was launched a month ago in anticipation of its move to the proof-of-stake protocol. Since then the number of eth staked has reached record levels and it is now the fourth largest staking network. $1 billion Worth Of ETH Staked According to Dune Analytics data more than $1 billion worth of ETH has been sent to the smart deposit contract. This corresponds to 1.5 million ETH, or nearly 1.4% of the total Ether supply.…

Ethereum 2.0 Beacon Chain Successfully Launches

Ethereum 2.0 beacon chain has successfully launched today as it ushers in a new era for the leading smart contract platform. The Beacon phase will initiate a multi-year upgrade for the network that will culminate in the full deployment of Ethereum 2.0. Ethereum co-founder Vitalik Buterin posted an image of the genesis block produced on the Beacon phase smart contract. https://twitter.com/VitalikButerin/status/1333744735735795712 Beacon Chain Begins Major Transition for the Ethereum Network The beacon chain launch initiates the transition from Proof-of-Work (PoW)…

TRON’s BitTorrent Now Available On Huawei Smartphones

Popular decentralized network, BitTorrent, is at the forefront of massive exposure to more than three billion people worldwide, thanks to a recent partnership between the world’s largest telecommunications equipment manufacturer Huawei and blockchain project TRON.  Huawei Lists BitTorrent According to a Monday announcement, over 3 billion Huawei users across 170 countries can now access BitTorrent, one of TRON’s portfolio projects, directly from their mobile devices.  The partnership saw Huawei adding four applications - BitTorrent, BitTorrent Pro, uTorrent, and uTorrent Pro…

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