Traders Are Looking at ETH Staking after Ethereum v2 Release

For many investors and fans, Ethereum is the most famous altcoin. Since its inception, Ether (ETH) has skyrocketed in value.  Starting at $0.311 in 2015, Ether has risen to about $4,800 late last year, with much volatility all along the way.  The project looks to be nearing a significant overhaul that will add new features and improve old ones. Among the numerous factors the market is watching, the new ETH staking mechanism may be enormous. Ethereum’s Current Issues To grasp…

A Guide to the Best Ethereum Wallets

The Ethereum network and its Ether token is the second-largest cryptocurrency globally, with a current market capitalization of $371 billion. As Ethereum continues with the process of making a transition from Proof of Work (PoW) to Proof of Stake (PoS) to solve several network inefficiencies and introduce staking, ETH prices will certainly reach the moon. If you're thinking of investing in ETH 2.0, you should move your tokens out of your trading platform or exchange them into a private Ethereum…

Blox Staking: The Ultimate Ethereum 2.0 Non-Custodial Staking Platform

Ethereum 2.0 launched on December 1, 2020, the start of Ethereum's upgrade away from its current, limiting mining consensus method. Ethereum chose to move towards Proof of Stake consensus to remove the challenges surrounding the mining of crypto assets, including scalability, huge costs, and network centralization. The new network is in its infancy, and as such, staking is present quite a technical task. To broaden participation to all those who wish to help secure the network, non-custodial platforms must help…

Ethereum 2.0 on Track as Staked ETH Nears $4 Billion

In an extensive blog post entitled "The State of Eth2", lead developer Danny Ryan published an update on progress in the Beacon Chain and upcoming developments for 2021. Ryan added that the individual Ethereum designations indicate "false sequentiality" in leaving one for the other. Instead, the term represents the different stack levels, he adds. Ethereum 2.0 is Picking Up The figures are attractive to most people, and the numbers are steadily increasing. As it goes to write, $2.78 million ETH…

Ethereum in Hot Pursuit of New ATH: Analysts Are Extremely Bullish 

Over the past few hours, ETH has managed a bullish breakout above several key resistance levels while BTC continues to trade sideways. The second-largest cryptocurrency by market cap has been showing continued strong upward price momentum since the weekend, prompting crypto pundits to anticipate that ETH could soon set fresh highs and follow bitcoin's recent parabolic rally. ETH has gained over 12% in the past 24 hours and surmounted the $1,250 and $1,280 resistance levels against the US Dollar. As…

CoinGecko: ETH Outperformed BTC in Market Dominance in 2020

According to the 2020 CoinGecko yearly report, bitcoin's smaller brother ETH has been the standout performing crypto of the past year. The report delved deep into what has been an exciting journey for the crypto space over the past 12 months; the period was marked by major events such as a resurgent decentralized finance space and massive adoption of BTC by institutions part of their hedging strategies. BTC may have grabbed the headlines in 2020 with its explosive run and…

Ethereum 2.0 Serenity – A Look at This Monumental Upgrade

The Ethereum 2.0 update continues to be one of the most anticipated crypto events of the year. Ethereum 2.0 is a multi-lab initiative that seeks to take the world's second most popular cryptocurrency to new heights. The upgrade will introduce a host of new features and functionalities to the network. Specifically, the new protocol improves the speed, efficiency, and scalability of the entire network. Developers believe the integration will alleviate congestion and lower gas costs for smart contract developers. Importantly,…

Metrics Show Ethereum Investors’ Optimism Increases

Decentralized finance (DeFi) has enjoyed a strengthened narrative in 2020. This is such that some DeFi tokens like Aave (LEND) have incurred more than a 1,000 percent increase while the price of Ethereum increased by 90 percent since the beginning of this year. It appears that investors are developing more interest in this market sector. According to cryptocurrency derivatives analytics company Skew, Ethereum will enjoy this trend the most in the long-term. Skew noted that these DeFi tokens powered by Ether appear to…