Ethereum

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…

VanEck Associates Corp. seeks approval from the U.S. Securities and Exchange Commission (SEC) to establish an exchange-traded fund called "VanEck Ethereum Trust." If VanEck's proposal is approved, the VanEck Ethereum Trust will allow retail and institutional traders to gain exposure to the world's second-largest cryptocurrency by market cap without requiring them to invest in it directly. It could also value its shares daily based on the MVIS CryptoCompare Ethereum benchmark rate. This would be the first U.S.'s ether ETF, but…

The general market cap of 9,541 coins had briefly achieved the $2.3 trillion mark on Monday, according to crypto statistics tracker CoinMarketCap. Ethereum drove the rally marking yet another ATH of nearly $3,550.  The second-largest digital coin attained an all-time high on 6 May after a jump of about 8% in the last 24 hours. The gain in momentum had begun in the first quarter of 2020  as investors’ craze around Bitcoin and other cryptocurrencies continued. In just almost three…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,192 trillion. Bitcoin is up by almost 14% since last Sunday. Ethereum sets a new ATH after a 30% increase in value. XRP gets a roughly 50% value boost in the past seven days. Binance Coin increased by more than 21% throughout the week. The DeFi sector added more than $12billion to the total…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! THIS WEEK’S SUMMARY The Crypto Market ends the week at a total market capitalization of $1,876 trillion. Bitcoin lost more than 9% in value in comparison to last Sunday. Ethereum is up 10% after a turbulent week with steep value oscillations. XRP is down by more than 16% after major value loss. Binance Coin increased by more than 13% throughout the week. The DeFi sector lost almost $5billion from…

Since 2018, the cryptocurrency market has undergone tremendous growth thanks to growing interest and adoption from the general population. The crypto market value topped $2 trillion for the first time in 2021, indicating the continued growth of the lucrative market despite the 2020 pandemic that brought financial markets to their knees. Better still, 2021 saw Bitcoin crossed $1 trillion in market cap compared to the $276.63B market cap on January 7, 2018. The “Global Blockchain and Cryptocurrency Market 2021" established…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,056 trillion. Bitcoin increased by nearly 3% but still couldn’t overcome the $60,000 barrier. Ethereum sets a new ATH for the second week in a row after a 4% increase. XRP increased by roughly 135% after a minor victory in the lawsuit against SEC. Binance Coin increased by almost 40% to set a new…

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…

Major coins like Bitcoin and Ethereum hit their all-time highs in 2021, with Bitcoin more than tripling its 2017 ATH of $20,000. So the market is a potentially great deal for investors, but it can be unclear when looking for the best coin. There are thousands of crypto coins out there. Whether you are a short-term or long-term investor, the comparison could go beyond the top coins, Bitcoin and Ethereum. Are you wondering what your best cryptocurrency coin for investment…