ETH

Ether prices are rising, supported by robust Decentralized Finance (DeFi) output. Considering that it didn't exist a few years ago, the overall ecosystem value rose almost 90 trillion dollars, an outstanding performance.  Maker, Aave, and Compound TVL have increased to over $10 billion, with over 17 projects having TVLs over $1 billion. ETH prices are also increasing as investors expect the most recent US inflation. In general, there are predictions that the price of supply shortages, higher commodities, and the…

The derivatives market is one of the least popular cousins of the decentralized finance family. However, all of that is about to change. New DeFi protocols aiming to make lending derivatives easy and accessible are on the rise. And, they may be enough to give the ugly cousin a makeover. One of these promising protocols is Swivel Finance. Operating on the development of DeFiHedge finance, this decentralized protocol enables secure fixed-rate lending and interest-rate derivatives. Furthermore, it does so without…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The crypto market ends the week with a total market capitalization of $1,959 trillion. Bitcoin lost nearly 9% of its value to fall by almost $10,000 from $64,000 this week. Ethereum set a new ATH for the third week in a row but lost 2% over the week. XRP lost almost 10% of its value during the past seven days. Binance Coin also set a new…

A recent social media user took to Twitter on April 11, 2021, mentioning that Ethereum gas fees have reduced significantly due to the emergence of Flashbots. According to Stephane, the user in question, a mining pool, commented on the issue, saying that traders are ditching their PGA bots as Flashbots bring lower gas fees.  Meanwhile, another Reddit user commented on the same, explaining that the gas fees decreased by 50% in the last 24 hours, moving from 120 gwei to…

Ethereum is about to reach one of its biggest milestones in recent memory with the rollout of a long-anticipated upgrade that overhauls how the network handles transaction fees. Dubbed the Ethereum Improvement Proposal 1559 (EIP 1559), the upgrade is scheduled for inclusion into the network's codebase this coming July. Ethereum CEO Vitalik Buterin originally proposed the EIP in 2019. ETH users are required to pay a gas fee for each transaction they make on the blockchain. Currently, the fee is…

The Ethereum network and its Ether token are the second-largest cryptocurrencies globally. If you're thinking of investing in ETH, you should move your tokens out of your trading platform or exchange them into a private Ethereum wallet. Wallets do not only guarantee you the security of your tokens, but they also make token management and transfers seamless. Nonetheless, not all crypto wallets are viable or support Ethereum tokens. Therefore, in this guide, we look at what an Ethereum wallet is and the…

Since its establishment in July 2015 by Vitalik Buterin, Charles Hoskinson, and others, Ethereum has grown immensely to be the leading blockchain network regarding decentralized finance (DeFi) and smart contracts. Its native coin, Ether, is also the second most valuable cryptocurrency after Bitcoin. However, its massive growth has brought various challenges, notably network congestion due to scalability issues and exorbitant gas (transaction) fees, among other problems.  To solve the challenges that have continued to hamper the network's growth, Ethereum developers…

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.…