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Tag: Ethereum (ETH)

Glassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’
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Glassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’

June 28, 20225 min read admin

The crypto economy has slipped under the $1 trillion mark to the $970 billion range, as a large number of digital currencies have lost more

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Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink
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Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink

June 6, 20225 min read admin

Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but

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Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
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Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

May 30, 20224 min read admin

The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction

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Jack Dorsey Claims if ‘You’re Building on Ethereum You Have at Least One, if Not Many, Single Points of Failure’
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Jack Dorsey Claims if ‘You’re Building on Ethereum You Have at Least One, if Not Many, Single Points of Failure’

April 20, 20223 min read admin

The internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many,

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Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether
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Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether

April 19, 20222 min read admin

On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the

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Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
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Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

April 17, 20224 min read admin

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can

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NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles
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NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles

April 16, 20222 min read admin

This week, the National Basketball Association (NBA) announced the launch of its own non-fungible token (NFT) initiative called “NBAxNFT.” According to the professional basketball league,

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Ethereum Dev Says The Merge Could Be Delayed a Few Months, ‘Strongly Suggests’ Not Investing in ETH Mining Rigs
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Ethereum Dev Says The Merge Could Be Delayed a Few Months, ‘Strongly Suggests’ Not Investing in ETH Mining Rigs

April 13, 20222 min read admin

According to Ethereum developer Tim Beiko, The Merge is likely to be pushed to the third quarter of 2022. Despite the delay, Beiko also said

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12 Companies Keep Close to $700 Million in Ethereum in Treasuries
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12 Companies Keep Close to $700 Million in Ethereum in Treasuries

April 10, 20222 min read admin

During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading

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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets
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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

April 4, 20222 min read admin

On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000

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Average Ethereum Gas Fee Jumps to $20 per Transfer, L2 Fees Follow Rise
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Average Ethereum Gas Fee Jumps to $20 per Transfer, L2 Fees Follow Rise

April 3, 20222 min read admin

While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising

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Grayscale Investments Launches Smart Contract-Focused Diversified Fund
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Grayscale Investments Launches Smart Contract-Focused Diversified Fund

March 22, 20223 min read admin

The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that

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