Ethereum

Launched only six months ago, Binance Smart Chain has already managed to overtake Ethereum in the number of transactions processed. Could this be the sign of significant competition for the leading smart contracts network?  Daily Transactions Surges Past Ethereum’s  Binance Smart Chain achieved the feat of processing more daily transactions than Ethereum yesterday. Changpeng Zhao, CEO of Binance, revealed this feat on Twitter, comparing the Smart to Ethereum. “Today is an important day. Binance Smart Chain has overtaken Ethereum in…

Ethereum has finally given a breakout about its previous lifetime high and seems to have entered price discovery mode. The second-largest cryptocurrency surged past $1,700 in the last few sessions before correcting slightly lower. The bulls are now likely eyeing $1800 as the next target. The massive uptick comes just as the Grayscale Ethereum Trust added 25,000 ETH coins worth a whopping $37.6M to their coffers on Feb 3. Just two days prior, the digital assets manager had announced the…

The Eth2 network has become the third-highest staked asset, accumulating a total of approximately $3.8 billion. The breakthrough comes after Ethereum reached a new all-time high, breaching the $1,500 mark. Ethereum 2.0 validators recently surpassed 70K, and it seems that the network is charging for greater profits as the financial year 2021 counts down. At the time of writing, the value of ETH has a 6.17% 24h market price change. The crypto's market cap has now totaled over $173 billion.…

On Jan 27, 2020, Reddit announced it’s first-ever blockchain partnership with the Ethereum Foundation. The social media platform that boasts around 50 million Redditors stated that the new partnership aims to provide development resources to ETH scaling tools. Per the announcement shared on the Ethereum subreddit, admin u/jarins revealed that the Reddit community would contribute to the ETH blockchain by launching upcoming applications that can scale. The admin said that his platform would make immediate efforts to bring ETH to…

Ethereum has experienced a new surge of investment from financial institutions, according to a new report from Coinbase. This could have influenced the recent surge in Ether (ETH) price, which recently hit an all-time high. Institutional Investors Turn More to Ethereum (ETH) Assets Coinbase released its annual report analyzing the current development in the crypto space in the past 12 months. The exchange focused on the recent surge in the popularity of Ethereum (ETH) and gave some reasons for this.…

Ether (ETH) has achieved a new milestone surpassing its all-time high of $1,450 in the early hours of today. Ethereum (ETH) has shown bullish signs, and the current market sentiments for the leading altcoin are at record levels. Ether (ETH) Creates New All-time High Ethereum had been trying to surpass the $1,450 mark for several failed attempts for the past few weeks. The weekend saw little changes, with a slight correction occurring, leading the altcoin towards the $1,100 support levels.…

Ethereum price has recovered in the past 24 hours following a sharp drop below its support levels. The leading altcoin has been bullish in recent weeks and created a new all-time high this week. This had led to speculations that Ethereum could hit the $2,000 mark before the end of the week. However, a major correction occurred yesterday, with the coin dipping towards the $1,000 support level. Since then, the coin has retraced its movements and is currently trading at…

Over the past few hours, ETH has managed a bullish breakout above several key resistance levels while BTC continues to trade sideways. The second-largest cryptocurrency by market cap has been showing continued strong upward price momentum since the weekend, prompting crypto pundits to anticipate that ETH could soon set fresh highs and follow bitcoin's recent parabolic rally. ETH has gained over 12% in the past 24 hours and surmounted the $1,250 and $1,280 resistance levels against the US Dollar. As…

Ethereum 2.0 continues to gain momentum with new developments on its smart contract network. Just six weeks after its beacon chain was launched, the number of validators has already exceeded 60,000. According to the analytical platform Beacon Chain, the total number of validators on the Ethereum 2.0 smart contract is 60,189. An additional 16,156 potential validators are waiting in the queue to be approved by the smart contract. This is remarkable and means that the beacon chain network launched on…