Category: Ethereum

Layer two protocols have seen monumental growth this year and one of them has briefly surpassed the network it is a scaling solution for, in terms of active addresses. The number of daily active unique addresses on layer two aggregator Polygon has surpassed those on the high fee layer one Ethereum according to protocol co-founder

Twitter has unveiled an in-development tool that will enable users to display a verified NFT as their profile picture. Mada Aflak, a senior software engineer at Twitter, shared a video demonstrating functionality that allows users to add NFTs to their accounts. Users can simply edit their profile, connect a cryptocurrency wallet, and import their OpenSea

Blockchain data platform Chainalysis says that a surge of institutional investment in the decentralized finance (DeFi) space has created the world’s largest cryptocurrency economy. In a new report, the firm highlights the rise of the digital economy in Central, Northern, and Western Europe (CNWE), citing crypto whales pouring funds into DeFi starting in July of

A federal official says that Ethereum (ETH) researcher Virgil Griffith has admitted to violating the U.S. International Emergency Economic Powers Act by assisting North Korea to evade sanctions. In a statement, United States Attorney for the Southern District of New York Audrey Strauss says that Griffith has pled guilty to helping the Democratic People’s Republic

High transaction costs have been a thorn in the side of investors and developers for more than a decade and the issue became worse in 2021 after the emergence of decentralized finance (DeFi) and nonfungible tokens (NFT) led to record-high levels of activity across the cryptocurrency ecosystem.  Since the completion of Ethereum’s London hardfork, cross-chain

Popular crypto analyst and trader Michaël van de Poppe is plotting Ethereum’s (ETH) price path to $20,000 while also predicting rallies for Chainlink (LINK) and four other altcoins. The crypto strategist tells his 424,200 Twitter followers that he sees Ethereum following its 2017 bull market trajectory.   “Beautiful comparison between ETH 2017 and ETH 2021.

BeePool, the fourth largest Ethereum mining pool, is closing amid China’s crypto crackdown. The China-based Ethereum mining pool announced on Tuesday it will suspend operations “in response to the latest regulatory policies.” Effective immediately, the registration of new users and the addition of sub-accounts for existing users will be discontinued, and all mining access servers

A prominent crypto strategist and trader is comparing Bitcoin’s recent slide to when BTC dipped in the spring of 2017 before nearly tripling in value within months. The trader known in the industry as Inmortal suggests to his 75,000 followers that Bitcoin’s price drop that began earlier this month will continue into early October, but

A senior economist at Deutsche Bank predicts Bitcoin (BTC) will remain “ultra-volatile” for the foreseeable future. Marion Laboure, who also works as a market strategist at the banking giant, says BTC could potentially become the 21st century gold down the road. At this point in time, Laboure says BTC’s high level of volatility keeps it

Technical analysis is a controversial topic, but higher lows are commonly interpreted as a sign of strength. On Sept. 28, Ether (ETH) might be 30% below its May 12 high of $4,380, but the current $3,050 price is 78% higher than the six-month low of $1,700. To understand whether this is a “glass half full”