Tags : ETH

Cryptocurrency

ETH bumps ahead of Ethereum ‘London’ upgrade. But what’s it

Ethereum touched just shy $2.4k yesterday, making a two-week high. It also closed three consecutive daily green candles against Bitcoin, taking ETHBTC to 0.066782 at the time of writing. Some analysts attribute this strength to the up-and-coming London upgrade. The Rinkeby testnet rollout is anticipated this coming Wednesday. However, the mainnet launch depends on the […]Read More

Cryptocurrency

JPMorgan is bullish on crypto staking ahead of ETH 2.0

Analysts at US bank JPMorgan foresee staking to become a multi-billion market as environmental concerns come into play for top cryptos like Bitcoin, they wrote in a recent report to clients. The team, however, pointed out Ethereum’s upcoming ETH 2.0, the shift to a proof-of-stake consensus design (away from the current proof-of-work design), would jumpstart […]Read More

Cryptocurrency

Ethereum (ETH) breaks $4,000 as ‘shorts’ lose $77 million

Ethereum broke the $4,000 level this morning ahead of the upcoming Ethereum Improvement Proposal (EIP)-1559 in July, data from multiple sources shows. The world’s second-largest asset by market cap ($470 billion) and is arguably the most-used blockchain (it settles billions of dollars in transactions each day). ETH’s circulating supply is 115 million and it trades […]Read More

Cryptocurrency

Ethereum (ETH) rockets to a new all-time high at $1,500

After tremendous price surges in decentralized finance coins and many smaller-cap crypto assets, attention is finally returning to Ethereum. The second-largest cryptocurrency by market capitalization is in the midst of shooting higher to new all-time highs as the altcoin market froth starts to cool down. Ethereum currently trades for $1,500 as per CryptoSlate market data, […]Read More