Tag: ethereum
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Why Ethereum 2.0 Hasn’t Boosted the Price of Ethereum: A Closer Look
Ethereum 2.0, also known as Serenity, aims to improve the scalability, security, and sustainability of the Ethereum blockchain network. It introduces a new consensus mechanism called Proof of Stake (PoS) which replaces the current Proof of Work (PoW) mechanism. Despite the high anticipation for this upgrade, the price of Ethereum has not seen the significant…
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Total Crypto Market Cap Will Reach 5 trillion USD In 2022 According to AvaLabs CEO
In 2022, John Wu, the CEO of Ava Labs, a blockchain business that creates the software for the Avalanche (AVAX) blockchain, offered a lot of fascinating forecasts for the cryptocurrency industry. Wu began by presenting Avalanche in an interview with Kelly Evans, anchor of CNBC’s “The Exchange,” on December 31, 2021: Avalanche is the fastest…
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Top Ethereum (ETH) Wales Buy Polygon (MATIC) And Other DeFi Coins Despite Market Pullback
In the previous 24 hours, the top 1,000 ETH whales acquired an average of $12,766 worth of Polygon (MATIC) tokens. As the cryptocurrency fell down from its all-time high, the second-largest ETH whale acquired 2,000,000 MATIC tokens for $5.02 million. With an average purchase amount of $4,140; large crypto investors are flocking to decentralized exchange…