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Ethereum
Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
Bitcoin's Short-Term Resistance Discovered at $45K
Fairlead Strategies’ Katie Stockton shares a bitcoin weekly chart, suggesting that bitcoin's short-term momentum is positive and intermediate-term momentum has neutralized. Stockton points out bitcoin's resistance has been discovered near $45,000 with a minor breakout targeted around $51,000. Plus, a conversation about crypto trading volumes and ETH’s future value.
Traders Bet on Ether Staking After Ethereum 2.0 Upgrade
Ether staking yields are likely to be in the range of 10% to 15% following the Ethereum 2.0 upgrade, one trader said.
Market Wrap: Ether Outperforms, Bitcoin Rises Above $42K
ETH was up as much as 5% over the past 24 hours, compared with a 2% rise in BTC.
MetaMask Founding Architect Joe Diez Launches New Project MetaMetaVerse
Joe Diez, a founding architect for Ethereum wallet MetaMask, has ended his “crypto retirement” for a new project called MetaMetaverse, which aims to be the most interoperable metaverse to date.
Ethereum Merged on Kiln Testnet, Inching Closer to Proof-of-Stake
Ethereum has merged on the Kiln testnet, the final public testnet before the protocol’s transition to a proof-of-stake network. “The Hash” co-host Christie Harkin explains what this merge entails and potentially when users can expect Ethereum 2.0. Plus, what this transition means for the so-called “Ethereum killers” out there.
Ethereum Merge Takes Place on Kiln Testnet
Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network.
Ethereum Builder ConsenSys Raises $450M as MetaMask Tops 30M Users
Ethereum application and infrastructure builder ConsenSys has raised $450 million at a $7 billion valuation. A new batch of investors joined the Series D round including rappers 21 Savage and Young Thug. "The Hash" crew dissects this funding round amid the controversy and lawsuits surrounding the firm, and what this raise means for its flagship products MetaMask and Infura.
$450M Raise Values Ethereum Builder ConsenSys at $7B as MetaMask Tops 30M Users
The hefty Series D more than doubles the firm’s previous valuation from November 2021.
Solana NFT Marketplace Magic Eden Raises $27M in Series A
Magic Eden, an NFT marketplace on the Solana blockchain, has raised $27 million in a Series A funding round led by Paradigm along with Sequoia and Solana Ventures. “The Hash” hosts discuss the growth of the Solana ecosystem as a competitor to Ethereum and the increasing trading volume of NFTs.