Ethereum Financial News

01.02 / 19:49

Blockchain Technology Ethereum Burn record high $1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions

According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion of fees is taken out of circulation for every transaction that occurs on the Ethereum blockchain. While sending and receiving ETH does not cost much, higher-level tasks, such as minting nonfungible tokens, or NFTs, via smart contracts, cost far more gas.

01.02 / 18:17

UPS Ethereum Tether USDT Is a flip on the cards as USDC crosses $50B milestone, quickly catching up to USDT

Stablecoins, or dollar-pegged crypto assets,comprised around 9.7% of the total crypto market capitalization with a combined market cap of more than $177 billion. That number surged more than 420% since the same time last year. Tether (USDT) was the dominant force in stablecoins for the past few years. USDT commanded a comfortable 75% market share in 2021- however, competitors were on a rise in 2021. Tether’s closest rival Circle’s USD Coin made headlines.

01.02 / 17:30

markets Ethereum Interest rates interest rate Support Can Ethereum price reach $4K after a triple-support bounce?

Ethereum's native token Ether (ETH) looks ready to continue its ongoing rebound move toward $4,000, according to a technical setup shared by independent market analyst Wolf.

01.02 / 17:29

Ethereum cryptocurrency Investing Bitcoin Bitcoin Is 'Fundamentally Different' From Other Cryptos, Unlikely To Be Replaced - Fidelity

Bitcoin (BTC) is fundamentally different from any other digital asset and no other digital asset is likely to improve upon bitcoin as a monetary good, according to digital asset-focused financial services provider Fidelity Digital Assets.

01.02 / 15:07

Ethereum defi Bitcoin How a game engine for DeFi could facilitate accelerated development

The beating heart of any ecosystem of decentralized applications, DApps, is its underlying technology stack. For Ethereum (ETH), this is its “Nakamoto” consensus, Ethereum Virtual Machine (EVM) execution environment, and Solidity programming language. Together, these technologies have allowed smart contract developers to propel decentralized finance (DeFi) from concept to reality.

01.02 / 14:20

Ethereum XRP Cardano Bitcoin Coin Race: Top Winners/Losers of January

The first month of 2022 is behind us, and as in nature so in the crypto markets – it was cold.

01.02 / 13:07

Ethereum BTC ETF Bitcoin Could January’s crypto ‘winter’ actually be here to stay

The month of January has spooked the market amid a larger sell-off that has kept the sentiments damp. As per the latest CryptoCompare report, Bitcoin and Ethereum fell by 23.3% and 36.9%, respectively, during the month until 27 January.

01.02 / 12:11

markets Ethereum Bitcoin Bitcoin Price bitcoin market cap Bitcoin market cap dominance hits 2-month high as altcoins struggle

Bitcoin (BTC) is retaking market share from altcoins after its market cap dominance hit its highest since November 2021 last week.

01.02 / 06:45

Dogecoin Ethereum meme coins Shiba Inu Bitcoin Lost Dogecoin, Shiba Inu lost in the woods! Are they worth investing?

Dogecoin are falling out of favor. All the crypto biggies have witnessed a sharp fall in the market-cap in the last few days and meme coins are no exceptions, experiencing a severe meltdown. With crypto majors like Bitcoin and Ethereum halving their value from the peak, meme tokens including Shiba Inu and Dogecoins have plunged more than 70 per cent from their peaks.

01.02 / 06:45

Ethereum cryptocurrency solana Bitcoin Cryptocurrency Prices Today : Ahead of Budget 2022, bitcoin, ethereum rise

The global cryptocurrency market capitalisation rose 4.66 percent over the last 24 hours to $1.75 trillion, while the trading volumes were up 15.08 percent to $63.86 billion.

01.02 / 06:17

Ethereum Booking CEO Bitcoin Here’s why FTX chief is betting on ‘Ethereum killers’ for the next two years

Looks like the market recovery in the cryptocurrency space was short-lived owing to profit booking over the weekend. And, with the Asian market heading for the Lunar New Year, Bitcoin fell down by 2.3% in 24 hours, at the time of writing.

01.02 / 04:21

Blockchain Ethereum Platform Bitcoin Cross-Chain Harmony bets on Bitcoin, Ethereum bridges to improve cross-chain ecosystem

Decentralized platform Harmony saw renewed traction this month. Its native cryptocurrency ONE reaped the benefits of this interest. After hitting a low of $0.13 on 4 December, the price of ONE rose by 163%. Further, the token marked a new all-time high of $0.38 on 14 January.

01.02 / 02:57

COST Ethereum Twitter As January ends, here is a report card for OpenSea’s record breaking 2022 debut

Following an impressive performance in December 2021, one that saw several new records being set, it’s finally time to dive into the metrics to see how 2022 has been treating the NFT marketplace giant OpenSea.

01.02 / 02:53

Ethereum Tether Apple Bitcoin 2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000

Cryptocurrencies had a volatile week after Bitcoin's (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully recovered within 8 hours after BTC price regained the $36,000 support.

01.02 / 01:13

markets Ethereum EOS Bitcoin Altcoins rack up 30% gains as Bitcoin price chases after $39,000

The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin's (BTC) weakness as a sign that a crypto winter is beginning, yet increasing news of adoption and multi-million-dollar financing rounds continue to make headlines on a regular basis.

31.01 / 21:23

Ethereum XRP Cardano Bitcoin Price analysis 1/31: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

Bitcoin (BTC) started the 2022 on a losing note, dropping about 20% to its worst performance in January since 2018 when the price plunged 26.61%, according to on-chain analytics resource Coinglass.

31.01 / 20:33

Ethereum Lowe's Digital Platform Earth NextEarth Metaverse: Virtual Land Ownership Platform On The Exact Copy Of Earth

NextEarth’s ambition is to create a new digital Earth. This ‘next earth’ is a metaverse that is free from our current society’s power structures. At its core, it is the only digital replica of Earth that is founded upon NFTs and the ability to mint, buy and sell virtual land. With NextEarth, users will have agency and ownership over their lives, instead of a metaverse dominated by digital overlords.

31.01 / 19:49

Ethereum Binance coinbase Bitcoin Bitcoin Gets More Investments, Ethereum - Less, Thailand Scraps Crypto Tax + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

31.01 / 18:37

Blockchain Technology Ethereum defi Blockchain enthusiast allegedly losses $500k by sending WETH to contract address

In a now-deleted deleted profile, an anonymous Reddit user allegedly lost close to $500k on Sunday after sending wrapped Ether (wETH) directly into a wETH wrapping smart contract. wETH came into existence as a way for Ether (ETH) to conform to the ERC-20 token standard so that it can be traded directly with altcoins minted on the Ethereum blockchain.

31.01 / 18:11

Ethereum Cardano Tether Bitcoin Crypto Market Sentiment Takes Another Dive, 5 of the 10 Major Coins in the Negative Zone

It hasn’t been a good week for the crypto market, and it seems to have been even worse for crypto market sentiment. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets dropped from 5.05 recorded a week ago to 4.39 we’re seeing today, according to the market sentiment analysis service Omenics. There are no coins in the positive zone, and five – half of the top 10 – have dropped into the negative zone.

31.01 / 17:29

Blockchain Ethereum education Charity NFT philanthropy demonstrates new ways of giving back

NFTs, or nonfungible tokens, have created a wealth of opportunities over the last year. Data from market tracker DappRadar found that NFT sales reached $25 billion in 2021. Artwork NFTs in particular have seen impressive growth. Financial services firm FinancePR recently determined that 257 artists generated at least $1 million in the past 30 days from selling NFT artwork. It’s also notable that NFT transactions have continued to increase, despite recent slumps in the crypto market.

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