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Tag: Ethereum

XRP Set To Overtake Ethereum According To Market Crypto Watcher
XRP News

XRP Set To Overtake Ethereum According To Market Crypto Watcher

Dark Defender's most recent investigation uses the Elliott Wave Theory and considers XRP's price developments against Ethereum on the month-to-month time period. The investigation is a development of his previous posts on the ongoing circumstances of the XRP/ETH market. Previous Examination His first examination in this series was in mid-July after XRP energized to the $0.93 high on the rear of the lawsuit triumph. Dark Defender affirmed that this XRP price spike permitted the asset to break over a well-established five-year opposition on the XRP/ETH graph. The examiner underlined that XRP had started flipping Ethereum as he drew five Elliott Waves on the week-after-week graph. XRP had proactively finished the initial two waves and was on target to finish the third wave, which would s...
Vitalik Buterin Reveals Concerns about ETH Staking Protocol, Cardano’s Charles Hoskinson Expresses Amazement
Cardano

Vitalik Buterin Reveals Concerns about ETH Staking Protocol, Cardano’s Charles Hoskinson Expresses Amazement

In a recent episode of the Bankless Podcast, Vitalik Buterin, the lead creator of Ethereum, made a surprising revelation about his approach to staking his ETH holdings. Buterin disclosed that he only takes a small portion of his ETH, citing safety concerns with the Ethereum staking protocol. Buterin Express Half trust on ETH staking, Hoskinson reacts Since its inception in 2015 as a proof-of-work (PoW) network, Ethereum made the transition to a proof-of-stake (PoS) consensus mechanism in 2022. This shift allowed users to stake their native token, ether (ETH), to earn rewards. However, Buterin expressed reservations about fully trusting the ETH staking process due to certain safety issues, particularly the risk of wallet key exposure. Read Also: Shiba Inu (SHIB) Shows Neutral Sentiment...
Bakkt Delists Cardano, Polygon, and Solana, but Shiba Inu Survives
Shiba Inu

Bakkt Delists Cardano, Polygon, and Solana, but Shiba Inu Survives

In a surprising move, Bakkt, a prominent US-based cryptocurrency exchange, has decided to delist several billion-dollar valued cryptocurrencies from its platform. However, amidst this delisting spree, Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, has managed to retain its place among the available tokens for trading. The decision to remove Cardano (ADA), Polygon (MATIC), and Solana (SOL) from the Bakkt platform comes as the exchange aims to address concerns regarding unclear regulatory oversight and ensure compliant token offerings. Bakkt's general counsel and secretary, Marc D'Annunzio, emphasized the need for greater transparency before offering a more extensive list of coins compliantly. Read Also: Binance Flexible Loan Announces Closure of PEPE Loan Positions, Urges...
Against All Odd XRP May Hit $5: The Only Coin To Pass Eth’s Market Cap
Ripple News

Against All Odd XRP May Hit $5: The Only Coin To Pass Eth’s Market Cap

XRP may hit $5 in the foreseeable future since it is the only coin to pass Eth’s, Market Cap. This was disclosed by Mason Versluis, a renowned crypto podcaster and the founder of Gold Squad. This was made known in his expression of confidence in the potential of XRP as the only coin to have passed the Ethereum market Cap. Versluis recently tweeted that it will be easy to make a mockery of anyone that suggests that XRP would ever be able to hit $5. This is because XRP needs a price surge of close to 900% from its current price to be able to hit $5 in the nearest future. It may sound satirical to Some proponents about the asset’s capability to reach such an extent. Read Also: It is Illegal to Impersonate a Judge; Ripple CTO Warns Top XRP Community Member https://twitter.com...
Relationship Between Ethereum And NFTs
Crypto Guides

Relationship Between Ethereum And NFTs

Ethereum is the most widely used blockchain platform for the creation and trading of non-fungible tokens (NFTs). NFTs have become increasingly popular in recent years, with the market for NFTs reaching over $2 billion in the first quarter of 2021. Ethereum's smart contract functionality, security, and community make it the ideal platform for NFTs. In this article, we'll explore why Ethereum is paramount for NFTs. Smart Contract Functionality Ethereum's smart contract functionality is one of the key reasons why it is the preferred platform for NFTs. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. Smart contracts on Ethereum allow developers to create NFTs that are programmable, meaning they ca...
Germany-based SAP SE To Enable Shiba Inu Payroll Payment Alongside Few Other Cryptos Via BitPay
Shiba Inu

Germany-based SAP SE To Enable Shiba Inu Payroll Payment Alongside Few Other Cryptos Via BitPay

According to a recent tweet shared by a giant payment provider, BitPay, saying the Germany-based enterprise application Software Company SAP SE partnered with BitPay to offer Shiba Inu (SHIB) payroll payments. It is worth noting that Shiba Inu’s Partner, BitPay, recently chose the Germany-based enterprise apps software company SAP SE as a future work partner to enable crypto payroll payments.  Read Also: Users Can Now Create XRP Account On Metamask: PeerSyst Technology https://twitter.com/BitPay/status/1582110309573017600 It is good to know that via this collaboration, the Germany-based Software company will enable payroll payment on 15 cryptocurrencies, including Shiba Inu, Bitcoin (BTC), Ethereum (ETH), and others. Notably, the new development came following the growing...
The First Stage Of EVM-Compatible XRP Ledger Goes Live
Blockchain, Ripple News

The First Stage Of EVM-Compatible XRP Ledger Goes Live

In a recent tweet shared by RippleX, Introducing the first phase of bringing an Ethereum Virtual Machine (EVM) sidechain to the XRP Ledger. The XRP ledger seems to have been behind the curve in blockchain interoperability with the EVM, despite seeing massive growth in recent years. The whole thing will enter another level as the launch of the testing phase of XRPL’s EVM-compatible sidechain, as announced by the official Twitter account of XRPL Developers, RippleXDev. Read Also: Binance Exchange Remains Committed To Its Promise To LUNC Network As It Burns Over 2.5 Billion LUNC Tokens https://twitter.com/RippleXDev/status/1581998430246690817 It is worth noting that Ethereum presently holds the position of the most versatile and utilized blockchain in cryptocurrency. As popu...
Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges
Ethereum

Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges

Contrary to the expectation of the crypto industry, Ethereum's Price has not been encouraging post-merge, although there has been an increase in price which was traced to the massive deposit made by the Ethereum whales. In a recent tweet made by the CryptoQuant, the recent spike in price from the low $1,300 to $1,353 is traced to the massive deposit made by the Ethereum whale into the exchanges. Read Also: The LUNC Community Is Displeased With The Idea Of Terra Classic Re-Peg Proposal: Here's Why Per CryptoQuant; “Whales deposit Ethereum into the exchange and raise prices to sell it at a higher price,” he asserted. https://twitter.com/cryptoquant_com/status/1577128372278378498 CryptoQuant also noted how the Whale behaviour has in times past led to an Ethereum price p...
Dogecoin Becomes The 2nd Largest PoW As Merge Goes Live
Dogecoin

Dogecoin Becomes The 2nd Largest PoW As Merge Goes Live

Dogecoin now becomes the second largest coin in terms of mining post-Ethereum merge. As the Ethereum merge occurs on the 15th of September, it pave way for some changes in the crypto sphere which is the transition of Dogecoin from its 3rd position in terms of mining to the second following Bitcoin. Read Also: LUNC Burn Says LUNC Has No Association With Do Kwon Long before now, Dogecoin has been occupying the position 3rd position with Bitcoin and Ethereum ahead of the meme while the Ethereum Classic (ETC)  and Litecoin (LTC) after it. With a market capitalization of $8.04B at the time of reporting – per data from CoinMarketCap – Dogecoin still comfortably places itself in the 10th position of largest cryptocurrencies, considering all assets, including PoS tokens.  ...
Shadow Fork 13, The Final ShadowFork  Was Successful In Preparation For Merge, Goggle Starts A Countdown Timer For Merge
Ethereum

Shadow Fork 13, The Final ShadowFork Was Successful In Preparation For Merge, Goggle Starts A Countdown Timer For Merge

According to the tweet by Nethermind (Ethereum’s developers), he confirmed the successful completion of the final requirement, the shadow fork 13 which is highly required for the merge. https://twitter.com/nethermindeth/status/1568165172908261377 Shadow Fork 1 Was Implemented On April 11th, 2022 Recall, that the shadow fork aid developers in stress test synchronization assumptions to ensure the network in the course of the Ethereum upgrade. As far back as April 11th, 2022, Ethereum developers launched and implemented the Shadow fork 1. Read Also: SpendTheBits Is launched On The XRPL To Allow Faster And Low-Cost Bitcoin Transaction With Merchants, Who Accept Bitcoin As A Payment Method It is worth noting that the 13th shadow fork came after almost six months after the firs...