As per today’s record, the ETH supply is shrunken with a decrease of 0.23% from the total market supply. This is due to the Ethereum Merge which is a recent network update. However, the update transits Ethereum (ETH) from Proof-of-work (PoW) to Proof-of-stake (PoS) consensus mechanism. With this, the ETH
In the ever-evolving blockchain technology landscape, Ethereum has long held the throne as the leading smart contract platform. However, a rising contender named Algorand has been garnering attention with its unique approach and technological advancements. Understanding the Foundations: Ethereum and Algorand share the goal of enabling decentralized applications and smart
Blur, a prominent NFT marketplace announced that the ETH borrowing platform unveils a groundbreaking feature that provides borrowers with greater flexibility in repaying their loans. Instead of the traditional requirement to repay the entire loan amount at once, borrowers can now make small, incremental payments over time. 1/ 🚨FEATURE ANNOUNCEMENT🚨
Dan Berkovitz, the former CFTC Commissioner, mentioned in the latest episode of the Unchained podcast that there is a possibility of considering Ethereum’s native Ether token as both a commodity and a security. In addition to his role as former CFTC Commissioner, it is worth noting that Dan Berkovitz also
As soon as the launch, the altcoin named RFD surged at a higher rate than expected with a 355.94% increase overall. This remarks an all-time high (ATH) of the same altcoin so far. According to CoinMarketCap, the RefundCoin (RFD) is getting traded at $0.0000842 over a $76,911,802 trading volume in
A groundbreaking development in the world of crypto transactions has been introduced. Notably, a new method of buying and selling Ethereum (ETH) has emerged, promising an unprecedented feature – zero fees. Moreover, the innovation has the potential to revolutionize the way individuals engage with and transact in the popular crypto.
The cryptocurrency world is witnessing a groundbreaking development. Google now provides instant access to Ethereum (ETH) balances directly within its search results. This game-changing feature revolutionizes the way cryptocurrency users interact with their digital assets. By simply searching for an Ethereum address on Google, users can now view their Ethereum
Investors in digital assets are experiencing a shift in sentiment as fund outflows increased in the week ending May 7, 2023. According to CoinShares’ latest digital asset fund flows weekly report, investment products saw outflows of $54 million, marking the third consecutive week of negative sentiment. Bitcoin was the primary
PEPE and other Memecoins trading activity is putting deflationary pressure on ETH. According to ultrasound.money, over 60K ETH has been net burned since the Merge, representing a 2,62% annual supply reduction ceteris paribus,”holding other things constant,” or “all else being equal.” Uniswap, the largest decentralized exchange on the Ethereum network, accounts
The second-largest cryptocurrency, Ethereum (ETH), regained popularity. One potential driver for ETH’s rebound is its appeal as a “deflationary asset.” This trend is on the back of growing on-chain activity, led primarily by DEXes, NFT platforms, and stablecoins. Due to a spike in on-chain activity on protocols such as Uniswap,
