Ethereum News

Figment Raises $50M to Build Up Proof-of-Stake Infrastructure
The funding round included participation from Anchorage Digital, Galaxy Digital, and 10T Ventures.

Market Wrap: Ethereum Keeps Burning and Price Is Hot
The largest cryptocurrency by market value was trading close to its highest level in more than two months

Cardano Jumps on Signals Smart Contracts Coming Next Month
The plan to add smart contracts next month could defy skeptics who have bet that the functionality wouldn't come anytime soon.

Ether Upside Strengthens Relative to Bitcoin
The ETH/BTC ratio is holding support above 0.05 and could face initial resistance near 0.08.

Investment Firm Kryptoin Files for Ether ETF
As the SEC weighs approving its first bitcoin ETF, Kryptoin and others are getting in line for an ETH ETF.

Bitcoin Revenue in April Represents $3B a Year, ETC Group Says
ETC's first industry report also shows second-quarter Ethereum transaction volume increased more than 2,000%.

Ether Holds Long-Term Support Ahead of All-Time High
The uptrend for ether is strengthening after the cryptocurrency avoided a breakdown below a crucial support threshold.

Why Web 3.0 Tokens Might Be the Next Hot Trade in Cryptocurrencies
Bitcoin and ether are soaring, but some crypto traders speculate the next hot market bet: digital assets associated with visions of a decentralized Internet or Web 3.0 tokens. Vanessa Grellet, Head of Portfolio Growth at investment firm CoinFund, explains what Web 3.0 tokens are and why she believes “this is looking like the future.”

EIP 1559 Hasn’t Affected Ethereum Miner Revenue
Plus: The first hard fork for Ethereum 2.0 is scheduled for testnet activation.

NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage
Are NFTs back? Non-fungible token (NFT) marketplace OpenSea topped the leaderboard in gas consumption on the Ethereum blockchain, surpassing Ethereum's largest decentralized finance (DeFi) exchange Uniswap. Since last year, Uniswap has typically commanded the top spot. "The Hash" team discusses the industry implications for the rare flippening event and what it means for ether.

