– As Ethereum gas fees surge, it is getting expensive to transact on the Ethereum blockchain.- Lower value non-fungible tokens may be hit hard with rising Ethereum gas fees that could eliminate the bottom of the NFT market.- $2 billion worth of Ethereum deposited to exchange wallets may belong to whales looking to take profits.Ethereum’s…
General Crypto
General Crypto
Big boost for ETH Name Service (ENS) as Budweiser buys beer.eth
Big boost for ETH Name Service (ENS) as Budweiser buys beer.eth Budweiser, the self-proclaimed “King of Beers,” looks to ETH in a bid to go crypto.The firm behind the biggest selling beer in the U.S has just bought the beer.eth domain name, via Opensea, for 30 ETH (about $100,000).Budweiser’s official Twitter account has also changed…
7 Cryptos on Alert as the Institutional Players Move In | Markets Insider
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Recently, several cryptocurrencies touched key technical resistance levels last seen during this year’s spring rally.And one in particular — which we’ll discuss in greater detail below — posted all-time highs.Much attention has been paid toward the inner dealings of institutional investors, who have overall sent…
7 Cryptos on Alert as the Institutional Players Move In
Recently, several cryptocurrencies touched key technical resistance levels last seen during this year’s spring rally.And one in particular — which we’ll discuss in greater detail below — posted all-time highs.Much attention has been paid toward the inner dealings of institutional investors, who have overall sent cryptos to remarkable levels.Still, you want to be aware that…
Does Ethereum Classic Hit Crypto-investors Jackpot?
Does Ethereum Classic Hit Crypto-investors Jackpot? Ethereum Classic (ETC) shares its origin story with Ether brought to life by Vitalik Buterin.ETC has been structured as a smart contract that permits developers to construct decentralized applications (Dapps).For Ethereum Network, ETC was designed as the native token for the platform and served as a transaction coin for…
Advantages and Disadvantages of Ethereum Classic
Published Fri, Aug 27th 2021 Ethereum Classic Posted via Industry Today .Follow us on Twitter @IndustryToday Ethereum Classic is a permission-less network that implies that permission is not required to contribute and participate in the project.This network is decentralized, and it removes the need for intermediaries, governmental restrictions, and excessive fees.The main aim of Ethereum…
Cryptocurrency market plunges on China fears tied to Evergrande property developer
Global demand for cryptocurrencies has plunged as the possible collapse of China ‘s second biggest apartment developer, Evergrande, frightens investors.Bitcoin , the benchmark blockchain denomination, plummeted overnight from $AUD64,700 to four-month low levels below $56,000.A glut of ‘ghost city’ apartment towers in China is stirring fears about major economic problems should the conglomerate collapse.Australia’s share…
Bitcoin Price Today Below $43,500; Ether, Binance in Red; Top Cryptocurrency Rates
Bitcoin on Tuesday witnessed a steep fall to $42,699, down 6,28 per cent.The market cap of the largest virtual currency is $802.8 billion.El Salvador, which was the first country to accept bitcoin, bought 150 additional bitcoins (BTC) on Monday after the cryptocurrency plunged to $45,000 level amid sell-off in the global equity markets.The traditional markets…
Value of top five tech companies trading on the London Stock Exchange hit $173.6B, a $21B jump YTD
Value of top five tech companies trading on the London Stock Exchange hit $173.6B, a $21B jump YTD The year 2020 was probably one of the most challenging years for the London Stock Exchange, as the total number and the value of companies listed in London plunged to an all-time low.Although their combined market value…
Federal Reserve Could Taper ‘Soon’ and Officials See Interest Rate Hike Next Year
Federal Reserve Could Taper ‘Soon’ and Officials See Interest Rate Hike Next Year Officials still characterized inflation as “transitory,” and bitcoin’s price rose.The Federal Reserve said it would keep interest rates near 0% and keep purchasing bonds at the same $120 billion-a-month pace, but the market now has a clarity on what a tapering might…