Altcoin Roundup: Hodling Ethereum? Here’s how and where to stake your ETH
The options for earning passive income from staking ETH continue to expand. Here are a few. The overall feel across the cryptocurrency landscape over the past week has been one of bubbling anticipation, with the Ethereum network finally undergoing its London hard fork, which includes reforms to the transaction fee market, thanks to EIP-1559.London is the latest in a series of upgrades that are part of Ethereum’s measured transition from its original proof-of-work consensus model to a proof-of-stake model dubbed Ethereum 2.0.On Eth2, tokenholders who hold at least 32 Ether (ETH) can operate....
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Given the relatively quiet altcoin market, it's easy to miss the new technologies and interesting applications that are gaining ground. Yet, as September rolls to a close and October lies just around the corner, it might be premature to assume that the altcoin world is running out of steam as some have suggested. Today's roundup includes a chat with the developer of XCurrency, a look at I/O's new proof-of-stake concept and an altcoin that is out of this world. I/O preps next-gen proof-of-stake framework. The proof-of-stake (PoS) concept has expanded in recent months, including....
An on-chain indicator, notorious for accurately predicting Ether tops, returns amid the ongoing price rally. Ethereum's native asset Ether (ETH) crossed above $3,000 in an extended upside rally on Aug. 7, hitting a three-month high. Nevertheless, the cryptocurrency's incredible move upside also boosted its possibilities of facing a bearish backlash.An on-chain indicator that tracks the total percent of Ethereum addresses in profits predicted the said downside outlook. In detail, the so-called "Ethereum: Percent of Addresses in Profits" indicator by Glassnode reached 96.4% amid the ETH/USD....
This week's altcoin update covers Ethereum, Shadowcoin, and CoinedUp's closure. Welcome to the CCN weekly altcoin news update, where we profile altcoin news topics that have gone under-the-radar. This week's article discusses Ethereum, whose Ether presale is set to pass 50 million sold, Shadowcoin, who are releasing the first mobile wallet with full staking functionality, and CoinedUp, who are closing their altcoin exchange. Ethereum Presale Approaches 50 Million Ether Sold. Ethereum's Ether presale has shattered expectations. Just 16 days into the 42-day sale, Ethereum have sold more than....
BTC is back at all-time highs, meaning it’s even easier for holders to capitalize on the lucrative yield opportunities DeFi offers to investors who are willing to stake their tokens. The long-awaited day finally came on Oct. 19 as the first Bitcoin (BTC) exchange-traded fund (ETF) went live on the New York Stock Exchange, thrusting the crypto asset into the limelight across mainstream news outlets and alternative media alike. Despite the fact that the ETF in question will hold no actual Bitcoin and is instead a futures-based instrument, investors and pundits across the ecosystem have....
The wait for the long-awaited Ethereum Merge just got longer, leading analysts to discuss potential price outcomes for Ether. The rollout of Ethereum 2.0, or Eth2, includes a transition from proof-of-work to proof-of-stake that will supposedly transform Ether (ETH) into a deflationary asset and revolutionize the entire network. The event has been a trending topic for years and while anticipation for “The Merge” has been building over the past couple of months, this week Ethereum core developer Tim Beiko informed the world that “It won’t be June, but likely in the few months after. No firm....