Category: Ethereum News

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United States, Germany, Turkey lead search interest in Ethereum

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[ad_1] The United States is the country most interested in Ether (ETH), followed by Germany and Turkey, an analysis of search data has revealed. A report by Invezz.com, as reported by Finbold, showed 1,116,000 searches per month for the term “Ether” emanating from the United States. Excluding searches by budding chemists, that’s the equivalent of around 36,000 internet searches per day for the world’s No. 2 cryptocurrency by market capitalization. Germany and Turkey followed close behind with 736,300 and 408,500 searches per month, respectively. Among the top three, Germany contained…

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Bitcoin and Ethereum usage fees drop 70%–80% as market slide continues

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[ad_1] Transaction fees on Bitcoin and Ethereum have fallen by 81% and 71%, respectively, over the last few weeks as the broader cryptocurrency market continues to descend from its recent all-time high. The average cost of using the Ethereum blockchain fell from $69.92 per transaction on Wednesday to $20.06 by Sunday, according to data from Bitinfocharts. In the same time period, Ether’s (ETH) spot price both peaked and crashed, falling from an all-time high of $4,358 on Wednesday to $3,183 just prior to publication — a 27% decline. Before 2021’s…

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What investors need to know

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[ad_1] Just this week, Ether (ETH) breached the $4,000 mark while Bitcoin (BTC), the world’s most popular cryptocurrency, recently hit another all-time high at over $63,000. Meanwhile, Dogecoin (DOGE) continues its roller-coaster ride after “Dogefather” Elon Musk’s appearance on Saturday Night Live and news about digital artwork fetching eye-watering prices in the form of nonfungible tokens is all over the airwaves. Crypto is hot, whether you like it or not. Still, not everyone is convinced. Janet Yellen, the newly-minted United States secretary of the treasury, previously questioned the legitimacy and…

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Altcoins pop while Bitcoin looks for support near $50,000

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[ad_1] Bitcoin (BTC) continues to look for direction, but as this occurred, Ether (ETH) and altcoins bounced higher from the Thursday sell-off. Dogecoin (DOGE) shocked investors with its 47% rally that kicked off after Coinbase announced that it would list DOGE in the coming months. DOGE’s price also rallied after Elon Musk tweeted that he was “working with Doge devs to improve system transaction efficiency. Potentially promising.” While many altcoins have seen double-digit gains during the recovery, the price of Bitcoin has continued to languish near the $50,000 level as whale wallets containing at…

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Unstoppable Domains’ .crypto websites now available via Brave browser

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[ad_1] Major privacy-focused browser Brave is the latest browser to integrate support for decentralized domains by blockchain domain name provider Unstoppable Domains. Brave announced Thursday that its browser now provides native support for the crypto domain name company, allowing users to seamlessly access “.crypto” domains via desktop and Android applications. The new feature unlocks access to 30,000 decentralized websites and more than 700,000 blockchain domain names registered with Unstoppable Domains. Through the integration, the Brave browser is supporting a decentralized network not relying on the traditional Domain Name System, which…

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Doge-loving hippy hacker steals crypto before bad guys can – Cointelegraph Magazine

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[ad_1] The organizer of The Robin Hood Group — which once stole 10% of all circulating ETH from under a black hat hacker’s nose — wants to change the way we think about charity. A former chemical engineer, Griff Green, 36, traded in his savings for precious metals, which he used to travel the world for years before settling as a Bitcoin missionary in Ecuador. He led a white hat hacker war against the infamous black hat hacker of The DAO, and he organizes cryptocurrency camps at Burning Man to…

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Chia network not so green? CPU mining reportedly destroys SSD in weeks

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[ad_1] Chia Network, which emerged onto the cryptocurrency scene with the promise of cleaning up the environmental mess left by Bitcoin (BTC) miners, may not be as green as it seems. Unlike Bitcoin, Ethereum and others, Chia Network mines coins using an alternative to the energy-intensive proof-of-work. CHIA coins are produced using only hard drive storage and mining them doesn’t require specialized ASIC hardware or GPUs. But reports coming out of China suggest that saving the environment isn’t as easy as it sounds when it comes to crypto. According to local…

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Dogecoin imitator Shiba Inu pumps 146% on Binance listing

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[ad_1] Having emerged with the self-applied moniker of “Dogecoin Killer,” the latest cryptocurrency to succeed on laughs alone is making its way to Binance. Shiba Inu (SHIB) burst into CoinMarketCap’s top 20 rankings just two days ago, likely a response by traders to the hype surrounding Dogecoin (DOGE). Within 48 hours, the SHIB token went from a valuation of $0.000003 to $0.000032 — a 966% increase, which added to over 2,300,000% growth since the start of the year. When Binance announced it would list SHIB in its innovation zone (a…

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Ethereum and DeFi get in shape for another hot summer

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[ad_1] Altcoins like Ether (ETH), Dogecoin (DOGE) and Ethereum Classic (ETC) are spearheading a new alt season that seems to have taken off with a bang. Since a rising tide usually lifts all boats, there are several other cryptocurrencies that are benefiting from this growing interest in altcoins. Ether, however, may be the one generating the waves. The price of ETH, the flagship altcoin, increased more than 65% over 30 days to finally break through the $3,500 barrier on May 6. This takes the yearly gains for the token to…

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Ethereum Classic gains 300% in one week as traders rush to buy the ‘wrong Ethereum’

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[ad_1] The “original” yet ironically “wrong” Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are already calling time on the fun. Ethereum Classic (ETC), the pet favorite of Digital Currency Group founder Barry Silbert, is up 300% in a week. ETC hits $180: Bull market or “casino market”? In the latest incarnation of the 2021 “alt season,” altcoins are passing the torch between each other as investors chase optimal gains. This year has also seen a curious shift in market focus from a…

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