The price of Ethereum failed one more time to cross the $3,300 mark, having price action obstructed amid cooling U.S. demand. The asset traded around $3,117 at the time of writing, down 6.24% in over one month. In the last week, the price of the token hovered between $3,008 and
In the context of the blockchain’s Layer 1 networks, the design philosophy of the Ethereum blockchain has been described by a co-founder of the project, Vitalik Buterin, using two successful decentralized systems: BitTorrent and Linux. In a post shared on X, the peer-to-peer approach of the decentralized torrent system BitTorrent
Bitcoin, Solana and Ethereum are some of those tokens which remain the anchors of the crypto market, helping in shaping momentum, liquidity and sentiment. They have dominated the field for so long, but a surprising shift can be witnessed inside analyst circles, as a lot of crypto strategists believe that
Ethereum has achieved another milestone this week as it has activated its second Blob Parameter-Only (BPO) hard fork, an aimed upgrade made to widen data capacity and back rollup-based scaling before a broader set of changes planned for this year. The upgrade went live today and surged the blob limit
A significant surge in the on-chain user activity has been witnessed soon after the Fusaka upgrade rolled out in early December, with new addresses going up over 110% in the last month. Glassnode data reveals that the network is now adding around 292,000 new addresses every day, showing its fastest
The co-founder of Ethereum, Vitalik Buterin, has claimed that Ethereum has been successful in solving one of the biggest challenges in crypto, which is the blockchain trilemma. On January 4, Buterin highlighted the power of peer data availability sampling (PeerDAS) and zero-knowledge Ethereum virtual machines (ZK-EVMs), mentioning that these two
Ethereum co-founder Vitalik Buterin published a blog post on Tuesday titled “Balance of Power” analyzing threats from what he calls “Big Business,” “Big Government,” and “Big Mob.” The post argues that historical checks and balances preventing excessive concentration of power have broken down during the 21st century. Buterin cited rapid
According to Etherscan, Ethereum’s daily transaction activities have fluctuated dramatically since the network’s launch in 2015. It recently achieved a new record, making about 2.2 million transactions on December 29 and 2.1 million on December 30. With that, transaction fees also significantly dropped. While attaining this milestone, the average fees
Ethereum, the world’s second-largest cryptocurrency, began a small upward move and crossed above $3,000 yesterday after a prolonged downturn, but it couldn’t sustain that momentum and failed near $3,048. Now, ETH is trading below the $2,950 range. Ethereum Attempts A Rebound, But The Price Dips Again According to CMC data,
A pioneering digital asset platform, BitMine has planned to initiate its Made in America Validator Network in the early months of the next year. The company has taken this initiative, focusing on earning staking yield from a $12 billion Ethereum hoard. On December 29, the company revealed that it has
