Ethereum

Ether Exceeds $3,000 After Struggling in Last 2 Weeks
Ether Exceeds $3,000 After Struggling in Last 2 Weeks

Ether reached $3,000 after struggling since the last two weeks. After a short spike early this month, ETH went up and down at $2,400-$2,800. Crypto research firms are very bullish with ETH movement. Ether (ETH), the second most valuable cryptocurrency by market capitalization in the world, surpassed $3,000 for the first time since March 2. During March, ether has mainly wandered around $2,400-$2,800. That is, except for the short spike above $3,000 early this month and today’s climb. At the time of writing, ETH is running at around $3,012, portraying a 5.8% growth in the last 24 hours. This movement

Ethereum Stuck at Sub-$3K Amid Buterin’s Ukraine Tweets
Ethereum Stuck at Sub-$3K Amid Buterin’s Ukraine Tweets

Ethereum is struggling to break past the $3,000 ceiling despite touching it briefly. In late January, Ethereum displayed the Death Cross signal. Vitalik Buterin has been outspoken in his condemnation of Russia’s aggression toward Ukraine. Ethereum appears to be struggling to earn the similar media appeal of Bitcoin amid its failure to hold the $3,000 key price ceiling. This is also despite the crypto market seeing signs of recovery from a multiple-day bloodbath due to the Russia-Ukraine crisis. As seen on the chart above, Ethereum’s one foot is already inside the $3,000 territory. It briefly touched the area before being

Twitter Adds Ethereum Wallet to Its Tipping Roster
Twitter Adds Ethereum Wallet to Its Tipping Roster

Twitter adds Ethereum (ETH) wallet to its tipping feature. This decision came 5 months after the platform added the Bitcoin (BTC) wallet. Along with Ethereum, many other non-crypto payment options also joined. Twitter once again has caught the hearts of crypto enthusiasts everywhere. Recently, the social media platform makes an announcement about adding another crypto asset to its tipping feature.  In detail, Twitter users can now begin to tip interesting and creative content on Twitter with Ethereum (ETH). Of course, this isn’t the first crypto asset to make it onto the Twitter tipping roster. Indeed, the pioneer — Bitcoin, came

OnlyFans Says Its Users Can Mint NFT Profile Pictures on Ethereum
OnlyFans Says Its Users Can Mint NFT Profile Pictures on Ethereum

The NFT crazy continues to infect the rest of the world. OnlyFans announces that its platform will soon embrace NFTs by December.  Users can begin to mint NFT profile pictures on the Ethereum blockchain. The NFT craze has infected every sector, the latest of which comes from the popular subscription platform — OnlyFans. The website, primarily used for adult content has made the decision to allow users to post verified NFTs as profile pictures.  In detail, the platform will only be able to support NFTs minted on the Ethereum blockchain. More so, these NFT profile pictures will have the Ethereum

BTC Falls Below Key Support. Is Ethereum Era Coming?
BTC Falls Below Key Support. Is Ethereum Era Coming?

Bitcoin price has fallen below the key support level at $46,000. Market indicators suggest a longer road to recovery. Meanwhile, Ethereum market dominance is at 20% while Bitcoin dominance is at 38.6%. The crypto market is still in a bloodbath, and all hopes of having an over-the-top end of the year rally seems to have evaporated. In particular, Bitcoin has fallen below a key support price at $46,000. This support level has been pivotal to keep Bitcoin price from going bearish. As we can see from the chart above, the $46,000 key support has been crucial to Bitcoin price recovery.

Ethereum Struggles Below $4k, Analysts Still Optimistic
Ethereum Struggles Below $4k, Analysts Still Optimistic

ETH fails to smash its resistance level Ethereum remains one of the investors favorite crypto The crypto world continues to maintain its uptrend position despite the market’s wild volatility. Ethereum is one of the solid digital assets in the space that keeps its fight against the bearish markets. This aggressive performance of the crypto made analysts and investors in the space monitor its achievements. This made The Wolf Of All Streets react in a tweet post, The Wolf Of All Streets explained that the Ethereum crypto failed to smash its resistance level. “ $ETH was temporarily rejected at resistance like

crypto market reaches $3 trillion market cap
Crypto Market Cap Reaches $3T as ETH Price Hits ATH

The total crypto market capitalization has reached $3 trillion. Ethereum price set another all-time high. Other coins like Bitcoin and XRP make high leaps. For the first time, the cryptocurrency space’s total combined market capitalization has hit the $3 trillion territory, according to CoinGecko. Almost all top ten cryptocurrencies are trading in green, which would definitely make many crypto traders and investors happy. However, the star of the show is Ethereum, which reached another all-time high (ATH) price of $4,782.42, according to CoinGecko. As seen on the chart above, Ethereum price has been climbing for weeks. This is an impressive

Ethereum Altair Upgrade
Ethereum Altair Upgrade Goes Live: What You Need to Know

Ethereum Altair is now live. Altair went live on the Ethereum Beacon Chain. Ethereum 2.0 will arrive in 2022, according to Ethereum developers. The Ethereum Altair upgrade went live on October 27. Here are the details that you need to know. Altair has been implemented on the Ethereum Beacon Chain, not on the front-end Ethereum blockchain as we know it. For those who are not aware yet, Ethereum has two parallel blockchains that will merge possibly in 2022, making the long-awaited Ethereum 2.0. This happened late in 2020. Once the Ethereum blockchain has fully merged with the Ethereum Beacon Chain,

CryptoPunks Rock NFT Sells for 33 ETH
CryptoPunks Rock NFT Sells for 33 ETH Worth $103,000

An NFT of a rock, EtherRock #33, sold for 33ETH or $103,000 recently.  The rock NFT is part of the CryptoPunks collection launched in 2017. Also, the rock NFT is proof that the NFT boom is far from over. The non-fungible token (NFT) boom is far from over. In fact, earlier this week EtherRock #33, a JPEG of a grey rock, sold for 33 ETH equivalent to about $103,000. To clarify, at the time of writing ETH is trading at $3,149.75 up 20% in the last week. The exorbitantly priced rock NFT is part of the CryptoPunks rock NFT series

Ethereum Burns 1559 ETH Daily
Ethereum Burns 1559 ETH Daily as “The Merge” Draws Closer

Ethereum is now burning over 1,500 ETH daily as it heads towards The Merge. The Merge will integrate the current ETH mainnet and the beacon chain. Also, crypto analyst Lark Davis called The Merge a huge upgrade for ETH. Top altcoin Ethereum is burning 1,559 ETH daily as the network heads towards its next big goal. According to popular YouTuber and crypto analyst Lark Davis, the next big thing on Ethereum is “The Merge”. While the rise in crypto and blockchain use has made ETH more popular than ever, the increase in utility has not been without a cost. Of

OpenSea NFT Marketplace Dominates Ethereum Gas Consumption
OpenSea NFT Marketplace Dominates Ethereum Gas Consumption

OpenSea dominated gas consumption on Ethereum over the last few days. The NFT marketplace ranked first after generating over 600 ETH in fees. Also, OpenSea recently surpassed $1 billion in gross market volume. Non-fungible tokens (NFTs) continue to dominate the Ethereum network. To be specific, OpenSea, an NFT marketplace based on the Ethereum network, recently ranked first for gas use on the network. In fact, Open Sea accounted for 672.33 ETH in fees, of which 599.89 ETH was burned. The burn amount also accounted for about 15% of the total burn. To clarify, many blockchains conduct token burnings to help

Bitcoin and Ethereum Miners Earn Record Revenues
Bitcoin and Ethereum Miners Earn Record Revenues for July

Ethereum and Bitcoin miners earned higher revenues in July. ETH revenue rose by 6.63% while BTC rose by 15.8% However, the crypto market is still struggling to rebound after the May crash. Miners of top cryptocurrencies Bitcoin and Ethereum recorded a revenue rise in July. Notably, ETH miners earned 505,300 ETH, while BTC miners earned $971 million. In fact, ETH miners’ revenue increased by 6.63% from June to July. Also, handling fees accounted for about 18% of the increase. Meanwhile, BTC mining revenue increased by 15.8% from $839 million in June. Of note, crypto mining has recently come under fire