Ethereum

Vitalik Buterin, founder of the second-largest cryptocurrency by market cap Ethereum, has weighed in on NFTs. What Happened: In a blog titled, “The Most Important Scarce Resource is Legitimacy,” Buterin commented on the recent attention that non-fungible tokens had received, raising concerns that they could be a missed…

Phil Bonello is the director of research at Grayscale Investments. Grayscale InvestmentsPhil Bonello is the director of research at the $44 billion asset manager Grayscale Investments. Grayscale recently launched new trusts to invest in five cryptos other than bitcoin and ethereum. Bonello shares the risk/reward of the five digital…

Ethereum postpone Optimism scaling solution to July The much-anticipated Layer 2 scaling solution Optimism has been postponed to at least July. Optimism was scheduled to be released this week. However, the mainnet has now been pushed forward to at least July, the team disclosed. According to the team…

Public Canadian mining company Hut 8 is teaming up with Luxor to use the technology firm’s software to power its new fleet of Ethereum and altcoin mining machines.The Canadian miner recently purchased $30 million worth of Nvidia’s crypto-focused graphics cards (GPUs) to mine ether and other cryptocurrencies. Hut 8’s Cryptocurrency Mining…

The hottest altcoins based on trade volume and transaction data from the past 24 hours are HOLO, VET, ADA, ETH in that order. The price gain in the past 24 hours is 30.99% for Holo, double-digit gains below 15% for VeChain, Cardano, and Ethereum. With increasing conversations on crypto Twitter regarding the lack of practical usage and…

LONDON, March 24, 2021 /PRNewswire/ -- Celsius, the industry-leading cryptocurrency rewards-earning platform, announces today that its 530,000+ users can now instantly purchase cryptocurrency inside the Celsius app using Apple Pay. Powered by one of our in-app purchase partners Simplex, this integration of Apple Pay gives the Celsius community…

For the day ahead Litecoin would need to avoid a fall through the $209 pivot level to support another run at the first major resistance level at $216. Support from the broader market would be needed, however, for Litecoin to break out from this morning’s high $214.71. Barring an extended crypto rally, the first major resistance level and…

On March 24, Tesla CEO Elon Musk announced that U.S. buyers are now able to purchase Tesla vehicles with Bitcoin (BTC). Musk also tweeted that Tesla will not convert BTC payments into fiat but will add to its existing treasury of about 48,000 Bitcoin. Wedbush Securities analyst Dan Ives expects Bitcoin to account for less than 5% of Tesla…

The correction has continued on the cryptocurrency market as all of the top 10 coins remain in the red zone. Top 10 coins by CoinMarketCap BTC/USD Yesterday, buyers were unable to gain a foothold above the two-hour EMA55, and the Bitcoin (BTC) price continued to decline. Late in the evening, bears broke through the…

The perpetual full blocks have been identified as the main reason for the exorbitant gas fees that have now reached their all-time high of late. Coin Metrics is an analytics provider and has recently reported from delving deep in the Etehreum world that the transaction fees are still very high and touched their highest levels ever. Coin Metrics…