The explosive rally from Skale and Polygon proves that the Coinbase effect continues to be a potent price mover for small and large-cap altcoins. In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the ‘Coinbase effect’. The recent announcement…
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Ethereum co-founder Vitalik Buterin is working to proactively solve a blockchain vulnerability. Ethereum developers recently proposed a network change called EIP-1559 — a proposal meant to combat the network’s rising transaction fees. Expected to take effect in July of this year, the move would send a part of every transaction fee to the Ethereum network…
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The mainnet launch, which is expected to take place on Aprril 14, incorporates four Ethereum Improvement Protocols. After months of planning, the Ethereum community has laid out a timeline for its upcoming Berlin upgrade, marking an important milestone in its development roadmap. Berlin is scheduled to go live on the Ethereum mainnet at block 12,244,000,…
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Ethereum’s Ether coin is arguably valuable for different reasons than Bitcoin. 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),…
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The issue of scalability is vital if blockchain and decentralized applications are to accommodate a massive user base. 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…
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Miners weigh in on lucrative ETH mining payouts as the blockchain eyes a transition away from its proof-of-work consensus in 2021. 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…
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Solana (SOL) and Cosmos (ATOM) each saw the price of their tokens surge after new interoperability upgrades were revealed. Bitcoin’s (BTC) sharp correction below $45,000 sent shockwaves throughout the entire market for a second day and many altcoins are fighting to hold the gains they’ve accrued since the start of the year. Two exceptions to…
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Loopring’s increasing DEX volume and token price show the project is emerging as one of the leading layer-two solutions working to address the high gas fees on the Ethereum network. Cross-chain bridges and layer-two solutions have become an important topic of conversation in recent weeks as protocols compete to offer the best solution to skyrocketing…
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Polkadot price pushes to new highs over growing excitement for the upcoming parachain auctions and increased interoperability they will support. 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 $42.28. Data from Cointelegraph Markets and…
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The first Ethereum 2.0 hard fork is aimed to be a general test before introducing deeper changes. Ethereum co-founder Vitalik Buterin published a plan on Monday for the first hard fork of the new Ethereum 2.0 Beacon Chain, tentatively named HF1. The hard fork would allow the developers to introduce several key upgrades to the…
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