Ethereum Still Has Much to Grow For most of this year, all eyes have been on Bitcoin, the leading cryptocurrency by market capitalization. Indeed, altcoins, including Ethereum and XRP, have suffered heavy losses this year, both in terms of price and investor interest. Altcoins are doing so poor, in fact, that the Bitcoin dominance metric...Read More
A major network upgrade or hard fork is usually bullish for a crypto project. Ethereum has long been subject to indignation from its adversaries for its lack of scalability and network problems when under pressure. The first phases of a long awaited protocol upgrade are about to be rolled out but will they have any...Read More
The Ethereum Foundation has delayed the testnet launch of the Istanbul update until the start of October. But some are raising concerns about one of the Ethereum Improvement Proposals (EIPs) which will break certain smart contracts. So should technology be backward compatible ad infinitum?… or is a little disruption necessary in the name of progress?...Read More
In 2017, Union Square Ventures co-founder and managing partner, Fred Wilson had said that Ethereum’s market cap will surpass that of Bitcoin by year-end. That didn’t happen and now he is taking his words back, for good. Wilson: Ethereum ‘Confounds’ Me Not just the USV chief, Ethereum has left many of its investors in a...Read More
It seems the second-largest cryptocurrency by market cap only has its ‘second-to-Bitcoin’ status to be proud of. Market volatility is at a 3-month low compared to bitcoin, according to data from Skew Markets. A host of other indicators are also pointing towards an upcoming ‘danger zone’ situation for Ethereum. Low Volatility Means Unattractive Investment Let’s...Read More
It is clear that gaming is becoming a global industry. Just recently, the Fortnite World Cup, sponsored by FIFA, took place in New York. Tens of thousands of people descended on a stadium to watch gamers duke it out over a $30 million prize pool. Millions watched online, social media was ablaze with talk of...Read More
A recent tweet from Vitalik Buterin, the brainchild behind Ethereum blockchain, seems to indicate that he may be getting ready to leave the project soon. He said he feels the time is right for him to take the back seat from the role of leadership in the community. Ethereum co-founder Vitalik Buterin has said that...Read More
Changpeng Zhao CZ, CEO of the world’s largest cryptocurrency exchange Binance, said that blockchain scalability is “a largely solved problem for new blockchain projects.” However, his views did not sit well with Ethereum co-founder Vitalik Buterin who strongly disagreed with him. Zhao delivered his comment on the 21st of August 2019. This was in response...Read More
A voting platform built on Ethereum blockchain – Horizon State – has been shut down indefinitely. As soon as the company winded operations, its native cryptocurrency dubbed Decision Token (HST) faced a significant setback as it plummeted 56%. On their official Facebook page, the blockchain startup based in Australia said they are shutting down operations...Read More
Bakkt’s bitcoin futures and custody platform launch on 23 September is a shot in the arm for crypto, but in addition to boosting bitcoin it could also raise the profile of Ethereum. The long-awaited physically settled futures should qualitatively shift market composition toward greater institutional influence. A crypto trading and payments ecosystem, Bakkt is a...Read More
