Category: Ethereum

All the latest breaking news on Ethereum. Browse The Independent’s complete collection of articles and commentary on Ethereum …

Extremely Undervalued: Why Ethereum Should Be Worth Much More

Ethereum is the world’s second-biggest cryptocurrency for a reason, yet it’s still vastly underappreciated. The coin’s value touched highs of over $4,000 earlier this year but the crypto market dip did not exclude it and, as of Monday, it was under $2,100. The currency’s developers already have an upgrade on the way, in the form… Continue reading Extremely Undervalued: Why Ethereum Should Be Worth Much More

Ethereum’s Hotly Anticipated London Hard Fork Set For Full Mainnet Launch On August 4

The long-awaited London hard fork, also known as the EIP-1559, has a tentative launch date. The upgrade should ship as soon as this August. London Hard Fork Expected To Launch In August A key bullish catalyst on the horizon for ethereum is a major infrastructure upgrade to the network: the London hard fork. It includes… Continue reading Ethereum’s Hotly Anticipated London Hard Fork Set For Full Mainnet Launch On August 4

Ethereum Balance on Exchanges Plunges, Lowering 'Risk of Future Major Sell-Off'

The amount of Ethereum being held on major cryptocurrency trading platforms has dropped to its lowest level since November 2018, which according to cryptocurrency analytics firm Santiment lowers the “risk of a future major sell-off.” Cryptocurrency users often move funds off of cryptocurrency exchanges when they plan ot use it on the blockchain or store… Continue reading Ethereum Balance on Exchanges Plunges, Lowering 'Risk of Future Major Sell-Off'

Galaxy Digital’s Mike Novogratz Predicts Ethereum to Dwarf Bitcoin

Mike Novogratz has joined the growing list of crypto enthusiasts that believe in Ethereum’s (ETH) potential to become the world’s largest cryptocurrency. The Galaxy Digital CEO has also made it clear that while bitcoin (BTC) has come to stay, the community still needs to work harder to educate financial regulators on the workings of the… Continue reading Galaxy Digital’s Mike Novogratz Predicts Ethereum to Dwarf Bitcoin

StakeHound, Fireblocks in Hot Water After Losing Clients’ $75M in Ether (ETH)

StakeHound has filed a lawsuit against its cryptocurrency custodian Fireblocks at the Tel Aviv District Court, for allegedly losing the private keys to its $75 million worth of ether (ETH). StakeHound claims the digital currency was lost due to negligence on Fireblocks’ part, as the firm did not backup the private keys appropriately, according to… Continue reading StakeHound, Fireblocks in Hot Water After Losing Clients’ $75M in Ether (ETH)

Ethereum Might Be In for a Rough Few Months – ETH Analyst

Ethereum’s $2k is Still the Level to Watch With respect to price action, Ethereum continues exhibiting weakness after being rejected at the $2,890 price area on Monday this past week. This price area coincides with the $2,800 resistance level and the 50-day moving average (white) as highlighted in the following chart. Also from the chart,… Continue reading Ethereum Might Be In for a Rough Few Months – ETH Analyst

Ethereum Scaling Project Raiden Network Set to Release Bespin Mainnet

Ether’s scaling solution, the Raiden client, aims to rollout Bespin Mainnet on its network. The Bespin update will ensure the Raiden Network stabilizes the bugging issues on its transport layer. Moreover, it will push up the date of the full release of the Raiden Light Client project. What’s New According to the Raiden devs, the… Continue reading Ethereum Scaling Project Raiden Network Set to Release Bespin Mainnet

Popular Trader Explains Why Ethereum Will Pay A Hefty Price For Early Design Mistakes

Bitcoin YouTuber, trader, and analyst “BTC Jack Sparrow” has dished out his two cents on what he believes the Ethereum network has become. The popular trader who has garnered over 190,000 followers on Twitter and famous for letting the cryptocurrency community in on his cryptocurrency price analysis has explained very recently, why he believes the… Continue reading Popular Trader Explains Why Ethereum Will Pay A Hefty Price For Early Design Mistakes

Why You’re Either Bullish Or Wrong About Ethereum

Ethereum, like its counterpart, has suffered a serious blow in the bear market trend. But the ETH bull run is far from over. A lot of Ethereum’s success is dependent on the network’s explosive growth. This year alone, a lot of mammoth investors have been spotted buying a large chunk of Ether. Analysts predict that… Continue reading Why You’re Either Bullish Or Wrong About Ethereum

Ethereum Worth $1.973B has Left Crypto Exchanges in the last 7 Days

Ethereum Battles to Maintain its $3k Support To note is that the same Ethereum investors continue sending their coins to the ETH2.0 deposit contract that now holds 4,697,890 ETH valued at roughly $14 Billion. Therefore, investors are optimistic about the success of the upgrade moving forward. At the time of writing, Ethereum is trading at… Continue reading Ethereum Worth $1.973B has Left Crypto Exchanges in the last 7 Days

Ethereum Whale Transactions Above $100k Peak to January 2018 Levels

Ethereum Could Have Topped at $4,372 The analysis by Santiment goes on to point out that Ethereum has lost over 50% of its gains since setting an all-time high of $4,372 on May 12th. To note is that Ethereum went through a similar fate in January 2018 after setting the aforementioned all-time high of that… Continue reading Ethereum Whale Transactions Above $100k Peak to January 2018 Levels

Ethereum Miners Making Huge Gains Despite Crypto Market Bloodbath

While the global cryptocurrency market is presently experiencing a serious correction, Ethereum miners have continued to make a fortune from their ether (ETH) mining activities. According to data released by The Block Research on May 23, 2021, ETH miners have generated about$1.93 billion in revenue and that figure is expected to rise further by the… Continue reading Ethereum Miners Making Huge Gains Despite Crypto Market Bloodbath

Vitalik Buterin: Cryptocurrency Getting Ready for Mainstream Adoption

Vitalik Buterin has made it clear in an exclusive interview with CNN Business on May 20, 2021, that despite the latest cryptocurrency market crash, crypto is not just a toy anymore and the industry is getting ripe for mainstream adoption. Buterin says he thinks Bitcoin could be left behind in innovation if the technology is… Continue reading Vitalik Buterin: Cryptocurrency Getting Ready for Mainstream Adoption

United States, Germany, and Turkey Rank High Among Countries Showing Interest in Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, has seen increased interest from different countries globally, with the United States being the country with the most interest in Ether, followed by Germany and Turkey.  Ethereun Sees Increased Retail Interest According to Finbold on Tuesday (May, 18, 2021), a research carried out by Invezz covered the top… Continue reading United States, Germany, and Turkey Rank High Among Countries Showing Interest in Ethereum

Ethereum Difficulty Bomb Delayed Till December 2021

Ethereum core developers have agreed to delay the network’s difficulty bomb until December this year. As the name implies, the Ethereum difficulty bomb or Ice Age makes mining more complex by increasing the amount of time required to mine a new block on the network, thereby making Ethereum mining operations less profitable.  Ethereum Difficulty Bomb… Continue reading Ethereum Difficulty Bomb Delayed Till December 2021

Metis Raises $4 Million to Scale Ethereum and Drive Web3 Adoption

Ethereum scaling startup Metis has announced the completion of a $4M private round. The latest raise means that Metis has banked $5M to date from private investors and still has a public sale of its native token to come on May 13. Blockchain VCs clamored to write checks for Metis, having been impressed by its… Continue reading Metis Raises $4 Million to Scale Ethereum and Drive Web3 Adoption

Ether Price Continues to Escalate – Are Bears Calling The Shots Soon?

Ether has seen a meteoric rise in its value this year. The digital asset has experienced a 37.5% surge in the past seven days, reaching a record high of $3,981 today and taking its market capitalization to $446 billion. Its price spike this year tops that of Bitcoin with a 325% rise as compared to… Continue reading Ether Price Continues to Escalate – Are Bears Calling The Shots Soon?

Ethereum Crosses $3,600

Ethereum has reached a new all time high of $3,640 at the time of writing as the currency suddenly jumped again by about $100. It was somewhat quietly following bitcoin, which reached $59,500, but then eth gained significantly on the ratio, continuing the eth show. Its ratio rose from 0.0604 to 0.0618 bitcoins at the… Continue reading Ethereum Crosses $3,600

Ethereum Likely to Surpass $10,000, Early Coinbase Backer Garry Tan Asserts

• A stakeholders gathering last week Saturday with the presence of representatives of the fortune-500 mega-conglomerate, Berkshire Hathaway (BH) witnessed many disparate remarks against the future of cryptocurrency. • Garry Tan, took to CNBC afterward, to assure calm stating that: “big tech is the first wave and cryptocurrency is the next.” The chilly remarks made… Continue reading Ethereum Likely to Surpass $10,000, Early Coinbase Backer Garry Tan Asserts

Mogo Purchases 146 Ether to Expand Crypto Portfolio

Canadian-based fintech and digital payments company Mogo has expanded its cryptocurrency holdings by purchasing Ethereum, the second largest crypto asset by market capitalization, in addition to its previous bitcoin purchase.  Mogo Buys 146 Ether In an announcement on Monday (May 3, 2021), Mogo revealed that the company bought about 146 ETH, worth over $507,600 according… Continue reading Mogo Purchases 146 Ether to Expand Crypto Portfolio

Ethereum Takes $3,500

Ethereum is up about $500 in the past 24 hours, reaching a new all time high above $3,500 with it to be seen whether that too is another temporary high. That’s because the currency has been very bullish, and to the surprise of some, has survived a war-ing night. Shanghai woke up in a mood… Continue reading Ethereum Takes $3,500

Ethereum Mining Revenue Soares to a New All-Time High

After attaining an all-time high of $2,500 per coin earlier this month, Ethereum (CRYPTO: ETH) is trading at a new all-time high over the $2,700 level following reports about European Investment Bank’s intentions to establish a “digital bond” sale on the Ethereum blockchain network. Network data shows that Ethereum surpassed another previous milestone this month:… Continue reading Ethereum Mining Revenue Soares to a New All-Time High