Archive for the ‘Ethereum’ Category

Ethereum (ETH) and Stellar (XLM) Whales Buy Into Presale Token … – Blockzeit

Ethereum (ETH) and Stellar (XLM) whales have recently shown strong interest in the presale token Collateral Network (COLT) and for a good reason. With the potential for widespread adoption of Collateral Network (COLT), experts predict that the price of Collateral Network (COLT) could skyrocket by a staggering 3500% from its current level of $0.01 during the initial presale period, presenting a golden opportunity for savvy investors to get in on the ground floor of this exciting new technology.

>>BUY COLT TOKENS NOW<<

Several crypto projects have been implemented on Ethereum (ETH), a major smart contract platform. ETH, the Ethereum (ETH) networks native cryptocurrency, has remained a pillar of cryptocurrency for years due to the Ethereum (ETH) networks dominant position.

Despite the emergence of several blockchain networks with similar smart contract execution and decentralized application development capabilities as Ethereum (ETH), the Ethereum (ETH) platform remains the most popular.

Over the years, the native cryptocurrency Ethereum (ETH) has been one of the most favored repositories of wealth among investors. Several individuals have discovered lucrative profits from this method, particularly around the crypto craze of 2020. Yet these same large holders who have profited from Ethereum (ETH) are focusing on a new presale, Collateral Network (COLT), that aims to revolutionize crowdlending.

>>BUY COLT TOKENS NOW<<

With its decentralized platform for financial goods and services, Stellar (XLM) connects the financial world with blockchain technology. Stellar (XLM), introduced in 2014, provides a quick, safe and inexpensive infrastructure for financial transactions and asset issuances, making Stellar (XLM) a beneficial tool for consumers and businesses.

Stellar (XLM) is loaded with functionality, such as linking individuals, banks, and payment processors, transferring financial resources rapidly, reliably, and cheaply and enabling Stellar (XLM) users to develop, send and trade several cryptocurrencies.

Stellar (XLM) also takes pride in its quick transactions; to its consensus method, transactions take less than five seconds, and verifying them incurs minimal expense. Stellar (XLM) is significantly more environmentally friendly and energy-efficient than other cryptocurrencies, therefore contributing to the improvement of our world.

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT) is a trailblazer in the DeFi field since it was the first to market in the crowdlending industry. Collateral Network (COLT), an innovative platform, will allow borrowers to lend against their physical assets, such as art, rare metals, cars, watches, and many more to secure loans using tangible assets, providing a secure and reliable means of collateralization in the world of cryptocurrency.

Collateral Network (COLT) offers a groundbreaking asset-backed lending marketplace for physical assets, with token holders who are borrowers receiving discounts on borrowing costs and interest and token holders who are crowdlenders receiving discounts on trading fees in the Collateral Network (COLT) marketplace.

The advantage of Collateral Network (COLT) is that it allows users to leverage their actual assets without having to sell them. Collateral Network (COLT) enables users to borrow against a variety of assets which would be held in a vault until the loan has been paid off completely by the investors, and the asset is then returned to the lender. However, in the event that the loan is defaulted, the asset is sold in auction.

As a result, Collateral Network (COLT) may see broad acceptance in the next months, with its price expected to rise 3500% from its present level of $0.01 in the first presale phase. The Collateral Network (COLT) native token, COLT, is intended to fuel the ecosystem. Collateral Network (COLT) token holders will get a variety of benefits and utilities.

Website: https://www.collateralnetwork.io/

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

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Ethereum (ETH) and Stellar (XLM) Whales Buy Into Presale Token ... - Blockzeit

Value Locked in Defi Rises Above $50 Billion Mark, Ethereum … – Bitcoin News

The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours.

With crypto assets swelling in value and the crypto economy rising 1.2% to $1.24 trillion, the total value locked (TVL) in defi on Wednesday was $50.34 billion. The defi platform Lido Finance dominates the top defi protocols with $10.76 billion, up 10.60% in seven days and up 24.61% over the past month. Makerdaos TVL is the only defi protocol out of the top five that has seen a TVL reduction of 1.29%. Aave, Curve, and Uniswap have seen increases with Curve jumping ahead by 13.62%.

Most of the rise in defi has stemmed from the smart contract platform market capitalization rising 3.6% over the last day to $357 billion. The top five smart contract tokens have increased in value over the last week except for polygon (MATIC), which is down 3.9% over the past seven days. In terms of TVL by blockchain, Ethereum dominates the $50.34 billion by more than 59% with a total of $29.71 billion. Ethereum is followed by Tron ($5.35B), BSC ($5.1B), Arbitrum ($2B), and Polygon ($1.07B).

As far as liquid staking, the top protocol on Ethereum is Lido, on Tron its Neopin Staking, on BSC its Ankr, on Arbitrum the top liquid staking app is Tenderize, and the top staking protocol on Polygon is Thunderpokt. For Ethereum, theres 7,843,929 ETH worth $14.29 billion locked into liquid staking protocols today, with Lido dominating the pack. Behind Lido is Coinbase ($2.15B), Rocketpool ($805.53M), Frax ($224.22M), Stakewise ($158.34M), and Stakehound ($118.85M). The top five bridges, as far as TVL is concerned, include WBTC, Justcryptos, Multichain, Poly Network, and Portal.

At 3:30 p.m. (ET) on March 22, 2023, after the recent Fed rate hike and bitcoin (BTC) dropping 3.4%, the TVL in defi has managed to remain just above the $50 billion range at $50.08 billion.

What do you think is driving the rise in defi and its TVL? Share your thoughts about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, defillama.com,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Value Locked in Defi Rises Above $50 Billion Mark, Ethereum ... - Bitcoin News

Bitcoin, Big Eyes Coin, Ethereum, Solana, and Binance: Coins You … – NewsWatch

We now have the chance to join the technological revolution while being conscious of our financial status thanks to cryptocurrencies. Users now have a handy option to enter the trading and investment markets thanks to the growing acceptance and popularity of cryptocurrencies.

Everyone, from multinational businesses to the average consumer, is keenly searching for the greatest digital currencies to invest in. Cryptocurrencies attractiveness stems from its self-governing, decentralised business architecture, which does away with the middleman while safeguarding users money by recording each transaction in a thorough ledger known as a blockchain. Not to forget that it allows for a creative and intellectual reinvention of money and banking.

New industries are revealed every year that were just praying for their opportunity to shine. The fintech sector is constantly evolving. With all of this movement, hitting your shot can be difficult. In this article, well look at five coins that are good investments: Solana, Big Eyes Coin, Binance, Ethereum, and Bitcoin.

By earlier standards, Bitcoins current situation is difficult. Because of how unpredictable Bitcoins price has always been, its most recent dip is not all that different from its past declines. When it first launched, Bitcoin was only worth one dollar.

It peaked at $19,000 in 2017, then dropped to under $10,000 before surging to over $63,000 in 2021. Yet, Bitcoin, the cryptocurrency industrys pioneer, is still by far the most recognisable brand name in existence.

Only Ethereum deserves to be valued significantly more than it is at the moment. Ethereum is required for the production of well-known NFTs, the construction of blockchain technologies, and the storage of new coins like Big Eyes Coin (BIG).

Also, since its upgrade in September 2022, when it changed from a proof-of-work method to a proof-of-stake protocol, Ethereum is currently considered one of the most environment-conscious cryptocurrencies on the planet. As a result of The Merge, Ethereums energy consumption has been reduced by 99.99%, making it much less harmful to the environment.

Weve previously talked about two of the most influential people in the cryptocurrency industry, whose businesses were founded on sophisticated, cutting-edge technology and amazing computational feats. That could all appear a little mysterious and technical. Thankfully, there are certain currencies out there that value entertainment and user-friendliness equally to technology.

Big Eyes, a cryptocurrency that is now in pre-sale, is about to enter the market. This tiny coin has its sights set on the major leagues with 200 billion tokens and an amazing presale. The premise that Big Eyes understands NFT culture and recognises its importance in the modern era is another significant aspect.

Big Eyes are conscious of and sensitive to this demographic and aim to expose alt-coins to a completely new generation. Big Eyes are developing a hospitable and friendly company image for itself because of its instantly recognisable character. In recognition of our shared obligation to preserve the ocean, Big Eyes plan to donate 5% of its public wallet to organisations doing so.

Currently, Big Eyes are. running both a loot box programme and a promotional offer using code BULLRUN250

The Binance Chain, a private blockchain network, is owned by BNB. Binance maintains an equilibrium between its supply and value since it is a deflationary coin. Most experienced investors prefer it. An increase in demand is the result. Because holders of Binance Coin can use their coins to pay for transactions, it is widely used to streamline exchange operations.

Solana is highly known. Solana was established in the latter part of 2017 and got all of its uniqueness from speed. The creator of the cryptocurrency, Andrei Yakovenko, did research to develop the blockchain technology upon which it is based. The fundamental idea is to force distant devices to sync up with each other by having them depend on a reliable clock. Solana registered an amazing 500,000 transactions per second during their open testing phase in 2018. The pinnacle of programming is this.

By 2023, Solana will be among the top 20 fastest-growing currencies worldwide. Yet, given how volatile the world of cryptocurrency is, anything might arise out of nowhere and change the scenario.

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

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Bitcoin, Big Eyes Coin, Ethereum, Solana, and Binance: Coins You ... - NewsWatch

Ethereum Staking Explained: Is ETH Staking Worth It? – CoinCodex

In September 2022, the Ethereum blockchain received its biggest upgrade to date. The Merge upgrade moved Ethereum from Proof-of-Work over to Proof-of-Stake. The transition to Proof-of-Stake has made the Ethereum much more environmentally friendly and also laid the foundation for future upgrades, which will significantly improve the scalability of the network.

With the introduction of Proof-of-Stake on Ethereum, ETH holders now have the opportunity to stake their coins and earn staking rewards in the form of additional ETH. In this article, well explain Ethereum staking and present the different options ETH holders have when it comes to earning staking rewards.

Ethereum now uses a Proof-of-Stake consensus mechanism, in which validators stake ETH in exchange for participating in the consensus process. Validators are rewarded for adding new blocks to the Ethereum blockchain and for checking that blocks proposed by other validators follow the protocols rules.

Validators that are reliable and act in the best interests of the network receive ETH as a reward. At the time of writing, validators on Ethereum are earning an APR (annual percentage rate) of about 4.4%. If youre investing in Ethereum and dont plan to sell in the short term, staking ETH is certainly worth considering to passively grow your ETH holdings.

The rewards earned by each validator depend on the total number of validators that are active on the Ethereum network, as well as network activity (more activity means more potential income from transaction fees).

The catch is that validators who are not reliable or are found to be breaking the rules are punished by having a portion or the entirety of their ETH stake taken away.

In order to launch your own validator, you need to have 32 ETH. At the time of writing, this translates to about $57,000, so its definitely not accessible to everyone from a financial perspective.

However, the good news is that there are still ways to earn staking rewards with your ETH even if you dont have the 32 ETH required to launch your own validator. Well discuss the different ways to stake ETH a bit further below in the article.

Another thing to keep in mind when it comes to Ethereum staking is that as of March 2023, its not yet possible to withdraw ETH that has been staked. As of the time of writing, Ethereum core developers are planning to release an upgrade that would enable the withdrawal of staked ETH on April 12, 2023.

Theres four distinct options for ETH holders that want to stake their ETH and earn staking rewards.

However, solo staking and staking as a service are limited to those that have at least 32 ETH.

If you have 32 or more ETH to stake, you can access solo staking or staking as a service solutions. Of course, you can also use other ways of staking ETH that are also available to users that have less than 32 ETH to stake.

Solo staking involves launching your own Ethereum validator and maintaining it yourself. Each validator you run requires a stake of 32 ETH.

When youre solo staking, youre directly participating in the consensus process of the Ethereum blockchain and contribute to the networks decentralization. In addition, you remain in full control of your private keys and receive full staking rewards directly from the Ethereum protocol. This is why the Ethereum Foundation describes solo staking as the gold standard for Ethereum staking.

While solo staking certainly has a lot of benefits, it is the least accessible way to stake ETH for the average person. The most obvious barrier to entry is that you need at least 32 ETH, which is simply out of reach for most Ethereum investors. Operating a validator also requires some technical expertise, and you need to ensure that your validator stays online continuously to avoid inactivity penalties.

There are various staking as a service providers that offer to manage one or more Ethereum validators on your behalf. When using these services, youre required to provide ETH (32 ETH per validator). In most cases, you get to keep control of your private keys, which is a plus.

Of course, staking as a service providers need some form of compensation for operating validator nodes on your behalf. So, while your validators will be earning ETH staking rewards directly from the Ethereum protocol, you will have to pay a fee to the service provider to keep your validators up and running.

So, staking as a service can be a good option if you have the sufficient amount of ETH to have your own validators but dont want to deal with the technical aspects of setting up a node and keeping it operational.

Overall, your returns will be slightly lower than what youd get with solo staking as youll have to pay a fee to the provider. Some examples of staking as a service providers are BloxStaking and Abyss Finance.

If you don't have 32 ETH to stake, you can't engage in solo staking, but there's other options available to you.

Staking pools take ETH deposits from multiple users and pool them together to launch Ethereum validators. This makes it possible for anyone to stake their ETH, even if they dont have 32 ETH themselves.

Staking pools are a very popular way of staking Ethereum, and many of them offer liquid staking, which is a very handy feature. Heres two examples of the top two Ethereum staking pools available today.

Lido

Lido is a liquid staking solution that supports multiple blockchains, including Ethereum. Lido is the most popular way to stake Ethereum. At the time of writing, over 30% of all staked ETH has been staked through Lido.

After staking your ETH through Lido, you will receive an equivalent amount of stETH tokens, which represent your staked ETH and any accrued rewards. These stETH tokens can be used in DeFi protocols or even sold if you need liquidity.

However, you should keep in mind that the stETH to ETH exchange rate is usually skewed in favor of ETH, so you will likely receive a bit less than 1 ETH for each stETH you sell. When staked ETH withdrawals become available on the Ethereum network, users will be able to redeem their stETH for staked ETH on a 1:1 basis.

Rocket Pool

Rocket Pool is also a liquid staking solution that allows users to stake smaller amounts of ETH. The minimum amount of ETH that can be staked through Rocket Pool is 0.01 ETH, which makes the service highly accessible.

When you stake ETH through Rocket Pool, your staked coins and accrued rewards are represented with rETH tokens. Similarly to stETH, you can use rETH in any way you please. When Ethereum is upgraded to allow staked ETH withdrawals, rETH holders will be able to redeem their tokens for ETH on a 1:1 basis.

Overall, staking pools are a good option for anyone thats looking to earn Ethereum staking rewards but has less than 32 ETH to stake.

Many cryptocurrency exchanges offer Ethereum staking services to their users. For example, you can stake your Ethereum on Binance, which is a solid option since you will be able to retain liquidity thanks to BETH, a token that represents ETH staked through Binance.

When staking through an exchange, you deposit ETH to the exchange. The exchange then pools together ETH from multiple users to deploy Ethereum validators. The rewards earned by these validators are then distributed to the users who staked their ETH, but the exchange will typically take a cut from the rewards as a fee for the service they provide.

Staking through exchanges is probably the most convenient way to earn Ethereum staking rewards, but it also requires the most trust. When you deposit your ETH to a centralized crypto exchange, you have to trust that they will manage your funds responsibly. In addition, there could be a negative impact to the decentralization of Ethereum if exchanges control a large number of validators.

Now that weve briefly explained each different Ethereum staking method, lets do a quick comparison of their pros and cons.

Ethereum staking is worth it if youre an ETH holder and plan to hold your coins over the long term. This is already the position of many ETH holders, as Ethereum is widely perceived as one of the best cryptocurrencies to hold for the long term. Before deciding whether staking is right for you, make sure to check the current ETH staking rewards to see what kind of APR to expect.

If youre also interested in cryptocurrencies other than Ethereum, check out our list of the best cryptocurrencies to buy right now.

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Ethereum Staking Explained: Is ETH Staking Worth It? - CoinCodex

Divergent On-chain Trends Within Ethereum/Bitcoin Network Add to … – Cryptonews

Bitcoin and Ether. Source: Adobe

The exchange rate between Bitcoin (BTC), the worlds first and largest cryptocurrency by market capitalization, and Ether (ETH), the worlds second-largest cryptocurrency by market capitalization that powers the Ethereum blockchain, has fallen rapidly in recent weeks.

ETH/BTC was last changing hands on Binance (as per TradingView) around 0.0625, down around 15% from earlier monthly highs in the 0.0735 area and at its lowest level since July 2022.

ETH/BTCs downside isnt a result of Ether performing poorly. On the contrary, at current levels in the $1,750s, Ether is up just shy of 10% this month and is up over 27% versus earlier monthly lows under $1,400.

The problem for Ether is that it, like most other cryptocurrencies, hasnt been able to keep pace with Bitcoin. Bitcoin has been leading a charge higher in cryptocurrency markets amid what analysts have referred to as a safe haven bid as cracks form in the global banking system.

After three major regional US banks went under earlier this month, Credit Suisse was bought out by Swiss rival UBS over the weekend. Meanwhile, a consortium of US banks came together last week to provide a $30 billion bailout for US bank First Republic.

Despite efforts from authorities to calm the situation, investors remain on edge that more banks, in the US and elsewhere, might be about to go under. And while this is hampering sentiment in US stock markets, it is helping safe haven assets like gold, and also appears to be helping cryptocurrencies like Bitcoin.

Gold formed the bedrock of most civilizations financial systems for thousands of years, hence when troubles in the fiat-based, central bank-centered fractional reserve banking system surface, many investors like to flock back to gold, which many view as the ultimate haven.

But Bitcoin, which many refer to as digital gold, is increasingly viewed as a safe haven. After all, it is a highly robust, highly decentralized payment system that operates entirely separately from the traditional financial system.

Ether can also make the claim to be robust, decentralized, and independent of the traditional financial system. Indeed, given its smart programmability, it arguably goes beyond Bitcoin in that an independent decentralized finance ecosystem can be built directly on top of its blockchain (and already is being built).

But Ether is only about half the age of Bitcoin. In the eyes of many investors, Bitcoin has more trust, particularly given that its future prospects dont depend on the efforts of programmers (like the Ethereum Foundation who are still working to upgrade the Ethereum blockchain). Bitcoin is expected to remain pretty much exactly how it is right now, more or less like gold.

Even though the Feds rate hiking cycle might not yet be over (they could hike rates by 25 bps this week), markets are already placing bets on the cutting cycle, with many expecting it to come soon amid turbulence in the banking sector. Easing financial conditions could well help lift cryptocurrencies broadly (including Ether), though Bitcoin is likely to maintain its lead on the added safe-haven bid.

Just as investors increasingly turn to Bitcoin as a safe haven, various core on-chain activity metrics are trending higher, showing a growing demand for network utilization. On many of the same metrics, the Ethereum blockchain is showing no such pick-up in activity.

While this probably wont outright prevent Ether from continuing to rally (not if the broader crypto market keeps pumping), it may make it difficult for ETH to keep up with Bitcoin, meaning potential further downside for the ETH/BTC exchange rate.

The first metric of note is the number of transactions taking place on a daily basis. As can be seen in the below graphs presented by The Block, this metric recently hit its highest level since early 2021 for the Bitcoin network, but remains subdued and within recent levels for the Ethereum network.

Meanwhile, though the rise in the number of active addresses on the Bitcoin network in recent weeks hasnt been quite as impressive, the metric is still close to multi-month highs. The same cannot be said for the number of active addresses on the Ethereum network.

Elsewhere, the rate at which new addresses are interacting with the Bitcoin network for the first time has also been trending higher. The same cannot be said for the Ethereum network, with new addresses remaining close to multi-year lows.

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Divergent On-chain Trends Within Ethereum/Bitcoin Network Add to ... - Cryptonews