Though Ether’s (ETH) value has continued to showcase increasing signs of stability around the $1,800 range over the past fortnight or so, users of the premier altcoin’s network have been faced with rising gas fees as well as increasing network congestion issues. To put things into perspective, since summer last year, a time when the
Ethereum
Research firm Santiment has determined that Ethereum’s supply radius on exchange platforms is at a 28-month low. With 20.1% of ETH in its reserves, the last time the metric was at similar levels was in November 2018. Above is a look at the relationship between the increase in Ethereum supply on the exchanges and fluctuations
Art trumps money. Always. It is important to remember this amid the current crypto art hype. Nonfungible tokens have given digital art the benefit of provable ownership, scarcity and programmability, allowing digital creators to promote and sell their work in ways never before possible. With the blockchain industry growing and markets becoming more liquid, crypto
An early 20th century master who boasts a permanent installation at the Museum of Modern Art is about to get new life on the blockchain. In collaboration with NFT marketplace Mintable, the family of Wladimir Baranoff-Rossine will be releasing a collection of the esteemed Cubo-Futurist’s work. There will be a number of paintings digitized as
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bullishness for Bitcoin continues despite its struggle to reclaim $60,000
At the end of 2019, research firm Forrester and Big Four firm Ernst & Young, or EY, published a report surveying the adoption of public blockchains by enterprises. Findings revealed that 75% of respondents were likely to use a public blockchain in the future. Although this was the case, the report also found that most enterprises
A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about “two or three years” when it will be clear whether Bitcoin will evolve into an asset class or
A number of venture capital giants have completed a financing round for Ethereum-based volatility and derivatives protocol Volmex Finance. According to a March 17 announcement from Volmex Labs, the financing round was contributed to by several leading decentralized finance venture capital firms including Alameda Research, Three Arrows Capital, Robot Ventures, CMS Holdings, IOSG Ventures, D64
The number of addresses holding more than 10,000 ETH has hardly changed since the asset hit an all-time high of $2,050 on Feb. 20. In fact, according to data from Santiment, the number of wallets holding over 10K ETH — worth around $17.7 million at current prices — has declined by just 0.9% over the
Most Americans who expect to receive the next round of relief bill stimulus checks will use the money to buy necessities and pay off debts, but some are still willing to invest in cryptocurrencies like Bitcoin (BTC), a new poll reveals. A study conducted by Harris Poll on behalf of Yahoo Finance showed that 15%
Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March 18. There are two likely reasons why the ETH/BTC pair is failing to break through an important resistance level. First, BTC rallied strongly in a short squeeze after the majority
Ethereum, the second-largest blockchain network by valuation, has the potential to jump to replace Bitcoin to become the top digital asset, says Ryan Watkins of Messari. The senior research analyst cited a flurry of catalysts that could lead to the so-called flippening event. Firstly, Ethereum’s full protocol upgrade to proof-of-stake from proof-of-work blockchain would lead
Ryan Watkins, a senior research analyst at crypto analysis firm Messari, has speculated that Ethereum could overtake Bitcoin as the largest crypto asset once its Eth2 and Proof-of-Stake overhaul is complete. Appearing on Youtube show ‘FinTech Today’ on March 18, Watkins noted that while he does not know “if or when” Ethereum will flip Bitcoin,
Cryptocurrency exchange Coinbase has registered 114,850,769 shares of class A common stock for a direct listing on the Nasdaq stock exchange, as per an amended S-1 filing with the U.S Securities and Exchange Commission. Coinbase announced its intention to launch an initial public offering back in December 2020 when it first filed registration forms with
Sam Englebardt has produced zombie films, created Gold Class cinemas in Australia and hobnobbed with crypto pioneers in the early days. Now he’s investing half a billion dollars into the creation of the metaverse. Galaxy Interactive managing partner Sam Englebardt first met billionaire and former hedge fund manager Mike Novogratz during a whirlwind, celebrity-studded trip
The latest celebrity to suddenly realize the immense artistic significance of tokenized art (or ‘cash in on’ depending on your perspective) is rapper and Fyre Festival co-founder Ja Rule — who is auctioning off a 48-inch-by-60-inch, oil-painting of the Fyre Fest’s corporate logo with accompanying NFT. The auction, which has a reserve price of $600,000