Ethereum 2.0 | Crypto Profit Bot

What gives Ether token its value?

March 7, 2021

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Bitcoin holds the top spot as the world’s first and largest cryptocurrency. The coin carries worth based on its position as a store of value capable of transacting value globally and comparatively easier than other similar assets, such as gold. Ethereum’s asset, Ether (ETH), has a different value proposition, arguably valuable for a number of […]

Ethereum fees are skyrocketing — But traders have alternatives

March 6, 2021

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With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact, we’ve already seen ETH break the $2,000 barrier for the first time, marking a brand-new all-time high. All this action may be bullish […]

Where does the future of DeFi belong: Ethereum or Bitcoin? Experts answer

March 4, 2021

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Decentralized finance is one of the most promising and indeed the fastest growing ecosystems within the crypto and blockchain space. Total value locked in DeFi — a measure of the total value of assets committed to the DeFi ecosystem — has been approaching the $40-billion mark this month, which indicates a value increase of around […]

ETH mining still highly profitable despite upcoming Eth2 upgrade

February 24, 2021

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Ethereum miners continue to enjoy lucrative payouts for their efforts in 2021, while the smart contract blockchain platform edges closer to a move away from its proof-of-work consensus. The past few months have been phenomenal for much of the cryptocurrency space, as the likes of Bitcoin (BTC), Ether (ETH) and various other coins have seen […]

Polkadot (DOT) gains 42% ahead of its long-awaited parachain auctions

February 20, 2021

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Polkadot price pushes to new highs over growing excitement for the upcoming parachain auctions and increased interoperability they will support. 37004 Total views 89 Total shares In the early hours of Feb. 20 Polkadot (DOT) trading volume began to see a significant increase which helped propel the multichain protocol to a new all-time high of […]

DEXs becoming unusable? How to navigate record gas fees ahead of Eth2

February 13, 2021

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While Bitcoin (BTC) has been in the spotlight since the start of the year, and even more so given the recent $1.5-billion Tesla purchase, Ether has not been lagging behind. Ether (ETH) is currently sitting at $1,800, and its network has now processed over 1 billion transactions, mostly on the back of the DeFi sector […]

Ethereum 2.0 Deposit Contract Tops $5.5B in Staked Ether

February 12, 2021

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The amount deposited represents 2.67% of Ethereum’s total supply. Feb 12, 2021 at 6:07 p.m. UTCUpdated Feb 12, 2021 at 6:09 p.m. UTC Ethereum 2.0 Deposit Contract Tops $5.5B in Staked Ether The deposit contract for the Ethereum 2.0 Beacon Chain – the epicenter of Ethereum’s new architecture – now holds over 3,000,000 ETH, worth […]

Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

February 6, 2021

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In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds. Some of the best-known […]

Ether is flying to the moon? Here’s what’s fueling the ETH rocket

February 6, 2021

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Ether hit its all-time high again on Feb. 2, reaching the psychological mark of $1,500. Since then, its price has remained above this level and is currently sitting at around the $1,700 mark. Along with Bitcoin (BTC) and other cryptocurrencies, Ether (ETH) has seen outstanding price action since the start of 2021, having surged by […]

The Unexpected Challenges of CoinDesk’s First Staking Venture

February 4, 2021

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In this episode, Christine Kim and Will Foxley discuss with CoinDesk Director of Engineering Spencer Beggs how the idea of staking on Ethereum 2.0 came about and the early decisions that had to be made to get the project started. “I feel I have become paranoid doing this project.” At the start of the new […]

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Category: Ethereum 2.0