Tag: Proof-of-Stake

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Chance of a price crash increases as Cardano (ADA) futures near $1B

ADA’s price crashed the last time its futures open interest reached $1 billion, leading traders to question whether or not it is about to happen again. The impressive 816% gain of Cardano’s ADA coin in 2021 catapulted the smart contract platform’s market capitalization to $61 billion. To fully grasp how far this third-generation protocol has gone,…
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ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low

Glassnode data reveals that the number of Ethereum addresses holding at least 32 ETH has declined steadily in recent months. The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) has been declining, pointing at a possible lack of interest among traders and investors to become “full validators” for its…
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2 reasons why Casper (CSPR) IOU token rallied 2,300% in one week

CSPR appears to be following DOT’s route to success as its IOU token latched on to the bull market’s momentum and rallied 2,300% before it’s even listed on major exchanges. Bull market cycles in the cryptocurrency market can be exhilarating for day traders and long-term investors alike, but the speed at which the prices move…
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EOS price rallies 100% following a proposal to increase staking rewards

A proposal to boost staking rewards and increase the inflation rate triggered a 100% rally in EOS price. As the blockchain sector continues to evolve, occasional protocol updates are needed to ensure projects stay up to date with the latest developments and provide users wit the best user experience possible.  Since May 5, EOS price…
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Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K

Vitalik Buterin’s crypto holdings have doubled since January 2021 to surge above $1 billion. Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire. Buterin’s public Ether address that he described as his main wallet back in 2018, has hit $1 billion on its…
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Ethereum breaks away: Several factors power ETH all-time high push

Ethereum hit new all-time highs after a rocky April. Developers and analysts delve into the factors behind ETH price surge. After a recent slump across cryptocurrency markets, Ether has surged to new all-time highs off the back of a number of important events and metrics. Overall, 2021 promises to be a crucial year for the…
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Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel

In the latest Cointelegraph video debate, experts discuss pathways towards making Bitcoin more sustainable. In the latest Cointelegraph Crypto Duel, founder of Digiconomist Alex de Vries and CEO and founder of Blockchain for Climate Joseph Pallant debated the intensity of Bitcoin’s footprint and possible paths forward to reduce it.  As pointed out by de Vries,…
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Ether price takes on Bitcoin — What’s behind the sharp rise in demand?

Ether remains close to the $2,000 mark after breaking its all-time-high at around $2,150, but what has driven its growth? Breaking new all-time highs, the recent price action of Ether (ETH) took the crypto market by storm and signaled an official start to alt season. Several analysts are predicting that Ether will surpass its previous…
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3 reasons why StormX (STMX) price has rallied 2,800% in 2021

StormX has quietly rallied more than 2,800% since February as the project’s crypto rewards program and plans to launch a debit card bear fruit for early investors. Cashback rewards for purchases have long been a popular tactic used by banks and credit card companies to entice consumers to use their services. Several cryptocurrency companies like…
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Ethereum network in a fee spin: Can the Berlin upgrade save the day?

The upcoming Berlin update contains EIPs aimed at reducing transaction costs, but it may not provide a long-term solution. Though Ether’s (ETH) value has continued to showcase increasing signs of stability around the $1,800 range over the past fortnight or so, users of the premier altcoin’s network have been faced with rising gas fees as…
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