Category: Ethereum

Bitcoin (BTC) price continues to limp lower as traders in the U.S. hit the BBQ to enjoy the upcoming Memorial Day holiday on May 31 and regulated futures and options markets like the CME are closed through the weekend. Data from Cointelegraph Markets Pro and TradingView shows that after a brief attempt by Bitcoin (BTC)

In a landscape of so-called scaling solutions primarily composed of sidechains and EMV-enabled competitors, one widely anticipated “rollup” layer 2 sidechain for Ethereum has finally arrived.  Offchain Labs announced the launch of Abritrum One with a blog post late last night. Arbitrum One is currently live on Ethereum in a beta state, though teams that

At a conference yesterday, Ethereum co-founder and unofficial figurehead Vitalik Buterin argued that Ethereum’s upcoming transition to a proof-of-stake consensus mechanism is a “solution” to the blockchain’s rampant energy consumption that has been incensing critics as of late. In an interview at the StartmeupHK virtual conference hosted from Hong Kong, Buterin said that while proof

Video-game retailer GameStop is creating a team to develop a non-fungible token (NFT) platform built on the Ethereum blockchain. The publicly traded company has created a new subdomain on its website, vowing to put together a team to build the platform. “We welcome exceptional engineers (solidity, react, python), designers, gamers, marketers, and community leaders. If

One ultra-rare CryptoPunk is set for some extra stage time at a hotly anticipated upcoming auction.  In a Tweet today, luxury auction house Sotheby’s announced that the sale of CryptoPunk #7530, also known as “Covid Alien”, will be offered during a “special, standalone” auction. The Punk was previously announced as part of the “Natively Digital”

Bitcoin (BTC) led the entire cryptocurrency market through a tumultuous period after the majority of the cryptoverse was painted red on May 19, a day now also referred to as “Black Wednesday.”  BTC’s price fell below $40,000 for the first time since it blew past the resistance level on Feb. 9 on the back of

After a flurry of activity that saw Dogecoin (DOGE) briefly process a higher dollar value of daily transactions than Bitcoin (BTC) and Ether (ETH) combined, the surge seen on the Dogecoin blockchain appears to be slowing down. Dogecoin’s price increase throughout 2021 has been accompanied by an equally outlandish increase to the value of transactions

Following in the footsteps of VanEck earlier this month, Wisdom Tree has filed an application for an Ether (ETH) exchange-traded fund submitted to the United States Securities and Exchange Commission. According to filings dated May 27, the ETF’s shares would be listed on the Chicago Board Options Exchange’s BZX Exchange. On May 7, rival ETF

The popularity of non-fungible tokens, or NFTs, shows little sign of slowing down, despite the extraordinary marketwide crash that wiped more than $1 trillion off the crypto market cap. According to a report by decentralized app marketplace DappRadar, the average number of NFT sales rose almost 300%, from 21,815 per day in January, to 82,373

Price action for Bitcoin (BTC) and the wider cryptocurrency market was relatively subdued on May 27 as nervous traders remain unsure of what comes next following last week’s market plunge that saw leveraged traders wiped out as BTC dipped as low as $30,000 before its price rebounded.  Data from Cointelegraph Markets Pro and TradingView shows